Citi, Grab co-branded credit card launches in PH
Hot on the heels of its 7th anniversary celebration in the Philippines, Grab marks another milestone in the country as it partners with Citi to launch its first and exclusive co-branded credit card in Southeast Asia. The Citi Grab co-branded credit card is rolling out first in the Philippines on June 18, 2019. After the Philippines, the card will be launched in Thailand to be followed by Grab's other significant markets in the region. Grab and Citi's Consumer Banking business has been collaborating since 2016, starting off with the latter's participation in Grab's financing round through Citi Ventures, the bank's venture capitalist arm. "Citi has been a long-term partner since 2016 and there is a great synergy between both Citi and Grab," said Huey Tyng Ooi, Managing Director of GrabPay Singapore, Malaysia, and the Philippines. "The Citi Grab credit card is a natural next step as we create more value for our digital-first, always-in GrabPay users. This will bring us one step further
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