GXS Digital Bank

[royalmix]

Pls share where to earn 3.7%

HSBC ega lah!

 

[autumnal_solace]

Hi gurus, for the boost pocket, if amount was placed sometime in Jan, and indicated that this amount will matured in Apr at 3.18%.

But with the new change, from 11 Feb onwards, the rate decreases to 2.98%. Does it mean after 11 Feb, this amount will only be calculated as 2.98%? Or because amount was placed before 11 Feb, and hence the amount will still enjoy 3.18% till Apr?

Read the terms and condition but still feeling confused/uncertain.

 

[sglandscape]

Hi gurus, for the boost pocket, if amount was placed sometime in Jan, and indicated that this amount will matured in Apr at 3.18%.

But with the new change, from 11 Feb onwards, the rate decreases to 2.98%. Does it mean after 11 Feb, this amount will only be calculated as 2.98%? Or because amount was placed before 11 Feb, and hence the amount will still enjoy 3.18% till Apr?

Read the terms and condition but still feeling confused/uncertain.

The boost pocket should be like FD, so the rate is locked in.

 

[x9evolution]

Hi gurus, for the boost pocket, if amount was placed sometime in Jan, and indicated that this amount will matured in Apr at 3.18%.

But with the new change, from 11 Feb onwards, the rate decreases to 2.98%. Does it mean after 11 Feb, this amount will only be calculated as 2.98%? Or because amount was placed before 11 Feb, and hence the amount will still enjoy 3.18% till Apr?

Read the terms and condition but still feeling confused/uncertain.

When I placed it for 3 months @ 3.28% , I was paid 3.28% yesterday when it matured

 

[fr33d0m]

Hi gurus, for the boost pocket, if amount was placed sometime in Jan, and indicated that this amount will matured in Apr at 3.18%.

But with the new change, from 11 Feb onwards, the rate decreases to 2.98%. Does it mean after 11 Feb, this amount will only be calculated as 2.98%? Or because amount was placed before 11 Feb, and hence the amount will still enjoy 3.18% till Apr?

Read the terms and condition but still feeling confused/uncertain.

the 3.18 is actually 2.38 + 0.8. Only the 0.8 is promised will be my guess. 2.38 will fluctuate with the main account rate. The current 2.38 is paid out daily and can be withdrawn any time.

 

[royalmix]

the 3.18 is actually 2.38 + 0.8. Only the 0.8 is promised will be my guess. 2.38 will fluctuate with the main account rate. The current 2.38 is paid out daily and can be withdrawn any time.

Nobody should post your own guess here, as everything is in the tnc, the most trusted source!

Hi gurus, for the boost pocket, if amount was placed sometime in Jan, and indicated that this amount will matured in Apr at 3.18%.

But with the new change, from 11 Feb onwards, the rate decreases to 2.98%. Does it mean after 11 Feb, this amount will only be calculated as 2.98%? Or because amount was placed before 11 Feb, and hence the amount will still enjoy 3.18% till Apr?

Read the terms and condition but still feeling confused/uncertain.

Here is the tnc from the website:

"The interest rates for your existing Boost Pockets remain locked for the placement period. If your Boost Pocket is set to auto-renew, the new prevailing interest rates at the time of maturity will apply upon renewal.

If your Boost Pocket is not set to auto-renew, your Boost Pocket funds will then be moved to the Main Account of your GXS Savings Account upon maturity. The Boost Pocket will then be closed."

 

[peppermint7]

Lets say if i set to auto renew, and i decided to draw all out after a few days upon mature. Those few days what rate will be given any one knows?

 

[DenOOO]

Lets say if i set to auto renew, and i decided to draw all out after a few days upon mature. Those few days what rate will be given any one knows?

2.38%

For just a few days, better off transferring to savings pocket at 2.68%

 

[royalmix]

Lets say if i set to auto renew, and i decided to draw all out after a few days upon mature. Those few days what rate will be given any one knows?

Everything is in the tnc. Why not read it?

Here:

The Boost Pocket offers a bonus interest on top of base interest rate. Here are the rates offered for the respective tenures:

Base: 2.38% p.a.

Bonus:

• 1 month - 0.4% p.a.
• 3 months - 0.6% p.a.

As such, your Boost Pockets can earn:

• 1 month - 2.78% p.a.
• 3 months - 2.98% p.a.

Best of all, the Boost Pocket interest rate remains locked in for the whole of the tenure!"

Go look for the rest of the tnc.

I share this: Base interest is guaranteed, Bonus Interest will be forfeited for early withdrawal!

 

[FD Trinitron]

Eh guys, the $50414 auto jumped back to the main account.
Those who intend to trsf out on 23rd one, yall let it stay there or create another saving pocket of 2.68% and trsf the 50414 in here?
@FD Trinitron
@x9evolution
@vsvs24
@Krabs.
@oceanicmanta

I disabled auto renew, let it transfer to main account, after that will transfer to CIMB.

 

[lasnoblur]

If auto renew on 21th, also can cancel the pocket and xfer out. Just additional step ba.

 

[ctan84]

Anyone on the special 4.3% promo? Its gonna mature over the next few days. I just looked at the savings pocket and its stated as 3.28% n not 4.3%. Anyone having this issue too?

 

[hyperbole]

Anyone on the special 4.3% promo? Its gonna mature over the next few days. I just looked at the savings pocket and its stated as 3.28% n not 4.3%. Anyone having this issue too?

it's not a straight 4.3%. it's a cash reward on top of the boost pocket interest

 

[ctan84]

it's not a straight 4.3%. it's a cash reward on top of the boost pocket interest

Ah ok, so i just have to wait for it to be credited then.

 

[MastersIT]

OP on reddit.

Someone replied to OP:
"Seems like this is a recent issue encountered by a few people I know. They just did a mass purge I believe. For whatever reason."

 

[peppermint7]

OP on reddit.

Someone replied to OP:
"Seems like this is a recent issue encountered by a few people I know. They just did a mass purge I believe. For whatever reason."

Any possible reason you know of?

 

[hyperbole]

OP on reddit.

Someone replied to OP:
"Seems like this is a recent issue encountered by a few people I know. They just did a mass purge I believe. For whatever reason."

There was one person whose account got closed. How did that person come to the conclusion of a mass purge?

 

[sglandscape]

There was one person whose account got closed. How did that person come to the conclusion of a mass purge?

It's likely an isolated incident and the person did dodgy stuff with the account.

 

[MastersIT]

Any possible reason you know of?

RED FLAG INDICATORS FOR BANKS (doc from SG SPF)
Click the link to save PDF

Can also google with exact phrase to get to the PDF

There was one person whose account got closed. How did that person come to the conclusion of a mass purge?

The writer said it happened to a few people s/he knows, so is not just one case ?

To some people more than 1 = mass (one or many paradigm)

 

[zumaba]

Transfer to saving pocket first

My fund of $50414 auto jumped back to the main account today. Is it okay if I move out to other banks today?
As per TnC. the $128 cash rewards will be credited by Feb.11, right?