GXS Digital Bank

[royalmix]

Debit card with rewards coming up!

 

[Shutterfly]

Your own capital max 75K. Interest credited will make it exceed 75k but will all earn compound interest daily, 3.48% if you keep in pocket!
If you spend with main account, you can replenish!

What you can transfer in depends on the balance (inclusive of the generated interest) you have in the bank. Max is 75k.

 

[addict951]

Debit card with rewards coming up!

Wah, fight Trust gao gao liao

 

[ohj81]

Probably they will tie the interest to spending. Ohhhh no...

 

[ekardo]

Hopefully also good exchange rate for overseas spending

 

[dgeralds]

I downloaded the GSX Bank app. I tried to sign up. The songpass app opens up and then the Singpass app says " you have successfully logged out".

I tried uninstalling and reinstalling GSX. I reboot phone , reinstall app.

Still the same problem. Anybody same issue? Or is it only by invitation to this bank?

 

[dexxa]

I downloaded the GSX Bank app. I tried to sign up. The songpass app opens up and then the Singpass app says " you have successfully logged out".

I tried uninstalling and reinstalling GSX. I reboot phone , reinstall app.

Still the same problem. Anybody same issue? Or is it only by invitation to this bank?

No issue on my end. Installed and signup using Singpass awhile ago.

 

[~sabaisabai~]

No issue on my end. Installed and signup using Singpass awhile ago.

do we need the invitation??

 

[dexxa]

do we need the invitation??

No need. I just download the app and install as per instructions given.

 

[~sabaisabai~]

No need. I just download the app and install as per instructions given.

thanks much
so the 3.48% no condition? and first 75k right

 

[sglandscape]

thanks much
so the 3.48% no condition? and first 75k right

Yup this is correct. Got to move into the savings pockets

 

[sohguanh]

thanks much
so the 3.48% no condition? and first 75k right

You need to be aware they got Main Savings Account and pocket concept. You tranfer monies in and out via the Main Savings Account (only 0.08%). So you need to create pocket and then transfer monies from Main Savings Account into the pocket. The monies inside the pocket is the 3.48%

1. main savings account <- this is transfer monies in from other banks and transfer out
2. need to use the app to create pockets (seem max at 8 pockets). then transfer monies into this pocket using the monies in above main savings account. Don't ask me why so troublesome force us use pockets to get 3.48%

The con so far I found
1. dark theme cannot change to white color
2. no save payee function so every time transfer need enter the info
3. max daily transfer limit is 15k
My gut feel is they are making it troublesome for us to do transfer out to prevent mass withdrawal? Hmmm this point need to take note.

 

[~sabaisabai~]

You need to be aware they got Main Savings Account and pocket concept. You tranfer monies in and out via the Main Savings Account (only 0.08%). So you need to create pocket and then transfer monies from Main Savings Account into the pocket. The monies inside the pocket is the 3.48%
1. main savings account <- this is transfer monies in from other banks and transfer out
2. need to use the app to create pockets (seem max at 8 pockets). then transfer monies into this pocket using the monies in above main savings account. Don't ask me why so troublesome force us use pockets to get 3.48%
The con so far I found
1. dark theme cannot change to white color
2. no save payee function so every time transfer need enter the info
3. max daily transfer limit is 15k
My gut feel is they are making it troublesome for us to do transfer out to prevent mass withdrawal? Hmmm this point need to take note.

thanks for sharing the info
wah if too trouble I'll skip
just park at gosaver sua

 

[NTTDoCoMo]

You need to be aware they got Main Savings Account and pocket concept. You tranfer monies in and out via the Main Savings Account (only 0.08%). So you need to create pocket and then transfer monies from Main Savings Account into the pocket. The monies inside the pocket is the 3.48%

1. main savings account <- this is transfer monies in from other banks and transfer out
2. need to use the app to create pockets (seem max at 8 pockets). then transfer monies into this pocket using the monies in above main savings account. Don't ask me why so troublesome force us use pockets to get 3.48%

The con so far I found
1. dark theme cannot change to white color
2. no save payee function so every time transfer need enter the info
3. max daily transfer limit is 15k
My gut feel is they are making it troublesome for us to do transfer out to prevent mass withdrawal? Hmmm this point need to take note.

Did you try to change your limit to 100K?

 

[dexxa]

https://help.gxs.com.sg/GXS_Savings...t=When you sign up with,to S$100,000 per day.
FAQ on transfer limit.

• How do I set or change my daily fund transfer limit?
  
  When you sign up with us, your daily transfer limit is automatically set to S$1,000. You can change this limit to up to S$100,000 per day. To change your transfer limit on the GXS app, Go to 'Me'. Press 'Change limits'. Alternatively, From the 'Send Money' page, tap the three dots. Select 'Change daily transfer limit'.
  
  

You probably can't do today if you just registered as they have a cooldown period of 24hrs.

 

[PC-User]

• How do I set or change my daily fund transfer limit?
  
  When you sign up with us, your daily transfer limit is automatically set to S$1,000. You can change this limit to up to S$100,000 per day. To change your transfer limit on the GXS app, Go to 'Me'. Press 'Change limits'. Alternatively, From the 'Send Money' page, tap the three dots. Select 'Change daily transfer limit'.
  

You probably can't do today if you just registered as they have a cooldown period of 24hrs.

I think it's 12 hrs right? After every registration, e.g. new customer, existing customer changing new device.

I yesterday evening registered. Just now tried already can changed beyond 15K.

 

[PC-User]

thanks for sharing the info
wah if too trouble I'll skip
just park at gosaver sua

I very scared of hassle one but I also don't find this too troublesome lah. Just paynow yourself to your favourite bank app.

 

[Uramasa]

I think it's 12 hrs right? After every registration, e.g. new customer, existing customer changing new device.

I yesterday evening registered. Just now tried already can changed beyond 15K.

I just registered and manage to update to $75k daily transfer, no 24 hours cooldown period.

 

[PC-User]

I just registered and manage to update to $75k daily transfer, no 24 hours cooldown period.

Sorry I think I confused. 12 hrs wait was for my Singpass re-registration yesterday (due to failed face recognition). My bad.

GXS new registration, they'll send OTP to email for verification.

 

[alex22]

I just registered and manage to update to $75k daily transfer, no 24 hours cooldown period.

If change device will trigger cool down period of 24h