Grab Rewards have been around for a long time but they mostly offered discounts on Grab rides. Now that the catalogue is updated, here is a list of available rewards and the cost-savings each one offers. For the Points per Peso column, you would definitely want to use your points on those with lower value, i.e. 10 points per peso is better than 15 points per peso.
|Reward Type||Points Cost||Peso Value||Points per Peso|
|PHP 50 off a Grab ride!||550||₱50||11|
|PHP 100 off a Grab ride!||1050||₱1050||10.5|
|Max’s PHP 300 eGift||3900||₱300||13|