Superbank expands banking access to millions of Grab users and partners in Indonesia

20/06/2024 News

Superbank has become the first bank in Indonesia to integrate digital banking services directly within the Grab app. This partnership allows millions of Grab users and partners to open accounts, save money, and use these accounts for payments without downloading an additional app. Users benefit from a 6% annual savings interest, withdraw funds anytime, and enjoy a 75% Super Discount on GrabFood and GrabBike services. This initiative significantly advances Superbank's mission to provide easy, safe, and affordable financial access, promoting broader financial inclusion in Indonesia.

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Tigor M. Siahaan, President Director of Superbank, expressed excitement about the collaboration, stating, "We are thrilled to see how easily people can open accounts, save, and make payments directly through the Grab app. This aligns with our mission to transform banking in Indonesia with innovative and secure financial solutions. The integration with Grab provides easier access to banking services and attractive offers, supporting users in managing their finances better."

Neneng Goenadi, Country Managing Director of Grab Indonesia, highlighted the convenience and security this partnership brings. "Our users and partners can now quickly and securely access banking services and Grab services in one application. Superbank's 6% annual savings interest is expected to benefit the community significantly. This initiative aligns with our mission to create a broader positive impact through technological innovation and economic empowerment."

Key features and offerings

• Account opening without additional apps: Users can open a Superbank account directly through the Grab app, linking it as a payment method for various services such as GrabFood, GrabBike, GrabCar, GrabExpress, and GrabMart. This streamlines the account registration process and reduces storage usage on users' phones.

• 6% annual interest: Users earn a 6% annual interest on their savings, which can be withdrawn anytime, offering a profitable and efficient way to save.

• Super discount and dine-out discount: Superbank offers a 75% discount for GrabFood and GrabBike, along with exclusive Dine-Out Discounts at renowned merchants in over 1,000 locations. These offers can be combined with other deals and promotions.

Additionally, Superbank is introducing Pinjaman Atur Sendiri (PAS) to selected Grab users, an unsecured digital loan with flexible credit limits and terms, and transparent interest and fee information.

Supported by industry leaders like Grab, EMTEK Group, Singtel, and KakaoBank, Superbank continues to innovate in financial services. The integration of Superbank with Grab demonstrates its commitment to providing a more inclusive and relevant banking experience, helping users manage their finances more effectively.

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