time to cancel shopee card?

Got my 5000 welcome coins from topup to bigpay rm300.

Shopee card not useful for me, I applied Grab card.

Update: Green light received, amended thread name, will be posting updates tomorrow onwards.

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MAYBANK X GRAB MASTERCARD PLATINUM CREDIT CARD

[LAUNCH DATE - 18th AUGUST 2020]

Maybank x Grab CC - Card Site

Card Look


Benefits
- 5x GrabRewards points for every RM1 spend on GRAB
- 2x GrabRewards points for every RM1 spend on OVERSEAS, CROSS BOARDER and/or E-COMMERCE
- 1x GrabRewards points for every RM3 spend in MALAYSIA (exclude GRAB / E-COMMERCE)
- 1000 GrabRewards points Upon Card Activation
- Lifetime fee waiver
- 5x RM5 Grab Ride (Worth RM25) & 5x RM5 Grab Food (Worth RM25) vouchers, totaling up to RM50, when spend RM300 on GRAB SERVICES.
- Upgrade to Grab Platinum Membership for 6 months, after 6 months, need to fulfill criteria by Grab to maintain Platinum Tier.

~550 Grab Rewards points = RM3 Ride~
~roughly 183.3 Grab Rewards points = RM1~
~based on lowest tier x1 Grab Rewards points, RM1 spend = 0.33 Grab Rewards points; roughly RM550 Spent to earn RM3 Grab ride voucher~
~based on highest tier x5 Grab Rewards points, RM1 spend = 5 Grab Rewards points, roughly RM110 spent to earn RM3 Grab ride voucher~
Pending: Using points to offset paid balance calculation
NOTE: CASHING OUT FROM GRAB WALLET IS NOT AVAILABLE


SPENDING NOTE
The following transactions are not taken into account in the accumulation of GrabRewards Points:
- Maybank EzyCash, Maybank EzyPay Instalment, Maybank EzyPay Plus, Cash Treats, Cash Advance, Balance Transfer;
- Transaction at Government Bodies and any reloads on e-wallets (except Grab e-wallet);
- Payment via JomPAY and FPX;
- Refunded, disputed, unauthorized or fraudulent retail transactions;
- Payment of card annual membership fees, interest charges, late payment charge, cash advance fee;
- Any other form of service or miscellaneous fees.

In-app 'Double Dipping' Calculation by @sj0217
It seems possible that there are scenario's where you can double dip your points when reload + spend with the amount reloaded in Grab (Platinum tier)
Assuming reload x5 Grab reward points + x3 Grab reward points when payment through Grab account.

Sample of Calculation:
1) 640 Grab points = RM4
2) 1120 Grab points = RM7
3) 2080 Grab points = RM13

If we take x5 + x3 Grab reward points into consideration, the rebate equivalent to ~5%

- 2080 Grab points / 8 = RM260 spending
- RM260 x 5% = RM13 return
SIGN UP BONUSES
1. 5x RM5 Grab Ride (Worth RM25) & 5x RM5 Grab Food (Worth RM25) vouchers, totaling up to RM50, when spend RM300 on GRAB SERVICES.
2. 1,000 Welcome Grab Rewards points - PRINCIPAL ONLY, MBB GRAB CC Handphone No. MUST BE SAME as GRAB ACC linked number.
3. /ONGOING [22 October 2020 - 21 December 2020] ACQUISITON CAMPAIGN - details below:

[22 October 2020 - 21 December 2020] ACQUISITON CAMPAIGN - credits: cybpsych
- RM50 GrabPay e-wallet credit when you apply & spend on your new Maybank Grab Mastercard Platinum Credit Card
- Conditions = Apply via M2U; Spend RM 300 within 45 days; 1000 units available, first come first serve basis
- Additional Cash Back of RM150
- Conditions = 45 days from card approval date (does not include Grab e-wallet top up in the eligibility of the RM500 spend)
- The RM50 GrabPay e-wallet credit will be credited into the winner’s Grab account. The Grab account has to share the same mobile number that was used to apply for the Maybank Grab Mastercard Platinum Credit Card. Gift availability is based on first come first served basis.


APPLY HERE

Requirements
- Malaysians with a minimum annual income of RM36,000; subject to bank approval based on eligibility.
- Principal cardholders: those between 21 to 65 years old
- Supplementary cardholders: 18 years old to 65 years old
Fees
- Lifetime Annual Fee waiver
- Credit Card SST RM 25 per annum
IMPORTANT NOTES
1. Points crediting date = AFTER Posting Date (T) + 3-5 Working day basis
2. Yes, the card can be linked to your Grab Account, however SAME REGISTERED PHONE NUMBER for both GRAB ACC & MBB GRAB CC is required
3. Although this card is Wave-able, it is recommended for you to use PIN for the first few transaction before using Wave feature to ensure that your card is working as expected.
4. Color change is not allowed. If any re-issuance of cards, SST will be recharged upon issuing/activation.5
5. Grab Platinum membership update take 3-5 working day AFTER card is activated (MBB Card TAC Phone Number = Grab acc phone Number). You may need to contact CS if it is not reflected within 3-5 working days (Do take note it will only reflect up till 31st December 2020, may need to check back at a later date for expiry on 2021).

Grabpay Wallet Limits - credits: GrumpyNooby

Quick Links
1. Product Disclosure
2. Frequently Asked Questions
3. Strategic Partners TnC

At this moment I can tell grab points have no limits on capping from maybank grab.

Only stopping you is grab pay daily limit 1k.
Yearly limit is 50k