GXS Digital Bank

[MastersIT]

I'll apply 3mth cos the cashback is $40. Just chat with gxs. Boost pocket will be 1.38?%. Campaign till 31 Dec

I plan 1 month savings to max annualised 5.74% .
Withdraw after 31 Jan.

Say everyone withdraw after 31 Jan, GXS maybe bo-bian have to lure customers back with angbao cashback

 

[~sabaisabai~]

This is if u want 1.38% right? If only want the $40 for $10000, no need to hold 3 mths right?

According to gxs. Min 3 months to be eligible for $40

 

[bumdssa]

According to gxs. Min 3 months to be eligible for $40

where does it say?

can open multiple pockets? i.e. a few 80k pockets?

 

[~sabaisabai~]

where does it say?

can open multiple pockets? i.e. a few 80k pockets?

I chat with gxs agent via online
Not sure can open multiple pockets. Perhaps you can check and update us here?

 

[bumdssa]

I chat with gxs agent via online
Not sure can open multiple pockets. Perhaps you can check and update us here?

think maybe you asked abt boost pocket?
seems like if saving pocket need to just keep till 31 jan.

didnt know can chat online with agent.

read t&c again, seems like max 80k (Successful Customers shall be allotted at least 10 Chances, and up to a maximum aggregate of 80 Chances, for completing the Qualifying Action for Lucky Draw – Save)

 

[MastersIT]

According to gxs. Min 3 months to be eligible for $40

I just called to confirm, GXS CSO said for savings pocket must hold until 31 Jan 2026, no need 3 months.
For boost pocket, then must complete tenure 3, 8 or 12 month.

a. during the Campaign Period:
i. open a new Saving Pocket or Boost Pocket with a tenure of three (3) months, eight (8) months or twelve (12) months, and name such Pocket XMAS or Xmas (“Xmas”);
iii. ensure that Xmas is open and active until day end of 31 January 2026. Where Xmas is a Boost Pocket, ensure that Xmas is maintained until its maturity;


For Savings Pocket is this:

*The effective interest rate (EIR) of 5.74% p.a. is computed by annualising the S$40 cashback per S$10,000 Saving Pocket placement and the prevailing Saving Pocket interest of 1.18% p.a. for the period between 31 Dec 2025 and 31 Jan 2026 (both dates inclusive).

 

[alanchia67]

Anyway, there's a maximum of just 3 boost pockets. I already have Boost1, Boost8 and now the Xmas.

 

[bumdssa]

I just called to confirm again, GXS CSO said for savings pocket must hold until 31 Jan 2026, no need 3 months.
For boost pocket, then must complete tenure.

Tncs search no say min 3 month for Savings pocket

Here got say for Savings Pocket:

*The effective interest rate (EIR) of 5.74% p.a. is computed by annualising the S$40 cashback per S$10,000 Saving Pocket placement and the prevailing Saving Pocket interest of 1.18% p.a. for the period between 31 Dec 2025 and 31 Jan 2026 (both dates inclusive).

so best is to put in on 31st dec?

 

[~sabaisabai~]

I just called to confirm, GXS CSO said for savings pocket must hold until 31 Jan 2026, no need 3 months.
For boost pocket, then must complete tenure 3, 8 or 12 month.

a. during the Campaign Period:
i. open a new Saving Pocket or Boost Pocket with a tenure of three (3) months, eight (8) months or twelve (12) months, and name such Pocket XMAS or Xmas (“Xmas”);
iii. ensure that Xmas is open and active until day end of 31 January 2026. Where Xmas is a Boost Pocket, ensure that Xmas is maintained until its maturity;


For Savings Pocket is this:

*The effective interest rate (EIR) of 5.74% p.a. is computed by annualising the S$40 cashback per S$10,000 Saving Pocket placement and the prevailing Saving Pocket interest of 1.18% p.a. for the period between 31 Dec 2025 and 31 Jan 2026 (both dates inclusive).

Thanks. Saving pocket 1.18% + $40 cashback hold till 31 Jan?

 

[~sabaisabai~]

I don't mind to place 3mth for 1.38% + $40. EIR is 2.98%

 

[MastersIT]

Thanks. Saving pocket 1.18% + $40 cashback hold till 31 Jan?

Yes 40$ per 10K

If you got BOC, can consider 1.4% 3m

so best is to put in on 31st dec?

best or not depends on cashback still available or not

based on some users' sharing in past posts, last minute still awarded cashback

Para 2 states
2. Cashback is issued on a first-come-first served basis and is while stocks last

GXS can deny based on that but will turn customers off in future campaign

 

[~sabaisabai~]

Yes 40$ per 10K

If you got BOC, can consider 1.4% 3m



best or not depends on cashback still available or not

based on some users' sharing in past posts, last minute still awarded cashback

Para 2 states
2. Cashback is issued on a first-come-first served basis and is while stocks last

GXS can deny based on that but will turn customers off in future campaign

I'm not keen in fd 3mth for 1.4%
It caught my attention cos of bonus cashback $40. EIR is 2.98%

 

[ekardo]

I'm not keen in fd 3mth for 1.4%
It caught my attention cos of bonus cashback $40. EIR is 2.98%

Same here. Will see if 31st Dec still available or not.

 

[alanchia67]

From this discussion thread, seem like GXS campaign is more successful than Maribank's. Isn't it?

 

[peppermint7]

They announced it way too early. Now got to wait until 31st Dec.

 

[vsvs24]

They announced it way too early. Now got to wait until 31st Dec.

At least they announce now and let us plan.

Before people start topping up CPF, SSB or FD from 1 Dec.

Hopefully more to come in Dec when banks want to window dress their 31 Dec reporting.

 

[chiokcc]

If I already have ~$90k in total in GXS, there is no way I can transfer another $80k in of "fresh fund" to participate in this $40 per $10k promo? I remember the max for GXS is $100k?

 

[whatheheck]

From this discussion thread, seem like GXS campaign is more successful than Maribank's. Isn't it?

why? or we can send this promo to maribank so their marketing can chut some pattern too?

 

[alanchia67]

why? or we can send this promo to maribank so their marketing can chut some pattern too?

Why not.. the more the merrier!

 

[~sabaisabai~]

Tnc mentioned per every 10k to get $40. Does it means we can open 2 pockets and both get $40 bonus cashback?

I did try to ask cs but they are not sure. Need to check with the team and revert