Most of what you use today works the same way after the upgrade. A few things change, and a few are coming later.
Better after the upgrade
Faster transfers. Digital dollar transfers arrive in minutes, around the clock, including weekends and holidays.
Earn on your balance. You can activate Boost and earn 2.57% a year on your balance, with no lock-ups and no minimums.
A card for more countries. The global card is available in more countries than the card it replaces.
Higher incoming limits. Incoming ACH and wire transfers have higher per-transfer limits.
Changing
Card spending limit. Your daily card spending limit is $2,000.
Card network. Your new card is a Visa, issued by Lead Bank, instead of a Mastercard.
ATM withdrawals. Cash withdrawals at ATMs are not available with the global card.
Coming later
Physical card. A physical global card is coming. We are improving how it is delivered, and we will share the details when it is available.
Apple Pay and Google Pay. You will be able to pay with your phone in most countries, though not in Bolivia or Nigeria.
International (SWIFT) transfers. Not available at launch. We will let you know when they return.
Transfer to Anyone. Sending money by a shareable link to someone who does not have GrabrFi yet is paused during the upgrade. We will turn it back on afterwards.
Unchanged
Your app and login. Same app, same login, same GrabrFi account.
Local currency withdrawals and top-ups. Same countries, same limits.
QR payments. Pay by QR code in the countries where it is available, the same as today.
Receiving ACH and wire transfers. Same as today, with your new account details.
Sending and receiving transfers between GrabrFi users.
Monthly statements and proof of account. You will be able to download them from your global account screen.