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Home»Press Release»Extra Budget for Holiday Preps: Grab and Maya Team Up for Easy Credit Access
Press Release

Extra Budget for Holiday Preps: Grab and Maya Team Up for Easy Credit Access

Lion's DenBy Lion's DenOctober 18, 2024No Comments3 Mins Read
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As the holiday season approaches, many Filipinos are already planning festive celebrations – from grand feasts and family reunions to exciting travel plans. To help make these moments even more memorable, Grab and digital bank Maya have teamed up to offer a fast and convenient way to access extra funds in time for the holidays.

Introducing Maya Easy Credit on Grab, a hassle-free loan option that allows eligible Grab users to borrow up to ₱30,000 without the need for collateral, paperwork, or the usual waiting time associated with traditional loans. This collaboration is designed to ensure Grab users can enjoy a smooth, seamless borrowing experience just in time for the holiday rush.

If you are a frequent Grab user, you could be among the pre-selected users eligible to apply for a Maya Easy Credit! There are two ways to verify this!

  1. Check your Grab Homepage for a ‘Say Yes to Extra Budget’ Icon
  2. Check your Grab in-app notifications and messages if you have received an offer to apply for a Maya Easy Credit Loan

If you’ve spotted the homepage feed card or received the Maya Easy Credit notification, you’re just a few steps away from applying for your loan. We’ve simplified the process for Grab users:

  1. Apply: Click the link in your notification box or the feed card. Hit ‘Apply Now’. You’ll be directed to a Grab form that needs to be filled out.
  2. Verify: Enter your Grab-registered number to receive an OTP. As a pre-qualifier for the Maya Credit Loan, you’ll also be asked to provide consent to share your Grab information with Maya.
  3. Review: You’ll then receive a notification from Maya Bank where you will be provided instructions to view your Maya Easy Credit Offer on the Maya app and subsequently input application details. If you’re satisfied with the offer, you can proceed to open a Maya Credit account.

Harnessing the power of data analytics, Grab and Maya have optimized the evaluation of creditworthiness, ensuring the entire application process is made extra fast and convenient! With Maya Easy Credit, you can effortlessly make various QR PH transactions, shop at the Maya Store, or make online payments with selected merchants with an extra budget of up to P30,000. You can also use Maya Easy Credit to cash into your Maya wallet, which you can link on the Grab platform and include in your choices of cashless payment options for your transactions on the leading superapp. 

Maya Easy Credit on Grab is the perfect financial tool to help with all your holiday preparations, offering you quick, easy access to extra funds when you need them most.

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