GXS Digital Bank

[sglandscape]

They are indirectly telling us customers beggars can't be choosers. If not happy withdraw all don't be their customers. They now got long queue of new customers don't worry one less customer anyway

Provably not enough resources to do it. They don't even allow scheduled funds transfer, or bill payment to cc. A little diffiuft to use it for daily use. At best treat as FD account.

 

[PC-User]

Provably not enough resources to do it. They don't even allow scheduled funds transfer, or bill payment to cc. A little diffiuft to use it for daily use. At best treat as FD account.

Just use it as high interest stash loh. Not must use for main account mah. Nowadays who doesn't have a few other accounts already. Good thing is digital bank apps are simple and snappy, nice and clear interface. You see DBS, OCBC apps...

 

[vsvs24]

Just use it as high interest stash loh. Not must use for main account mah. Nowadays who doesn't have a few other accounts already. Good thing is digital bank apps are simple and snappy, nice and clear interface. You see DBS, OCBC apps...

Wait till you see ICBC

 

[PC-User]

Spot on!

I received email from GXS, it states total interest per year is 2655 for 75k = 3.54%pa!

That's why they use the max 75k as illustration.

 

[royalmix]

That's why they use the max 75k as illustration.

They show 25k and 50k also same!

 

[sglandscape]

Just use it as high interest stash loh. Not must use for main account mah. Nowadays who doesn't have a few other accounts already. Good thing is digital bank apps are simple and snappy, nice and clear interface. You see DBS, OCBC apps...

Fully agree with you actually, the hope is eventually can move my main account to the new players too, even if they may not pay high rates for all accounts. I do give value to having a more responsive app experience.

First time got poisoned was the grab wallet with paynow and how fast it was VS all the bank apps which took forever to even reach the page to scan the qr code.

 

[sglandscape]

They show 25k and 50k also same!

Think this was to make the math obvious to people and encourage them to put more, and there is no gimmick.

 

[PC-User]

They show 25k and 50k also same!

Oh is it? Try $25 and see. You'll only get interest crediting every 5 or 4 days once for quite a period initially with minimal compounding effect.

But ok lah. For most of us here should have a substantial amount to keep in the account. No young students who just keep pocket money.
So yeah, enough of this. 3.54 jiu 3.54.

 

[chiokcc]

Personally, I keep <$75k in the Main/Saving accts.... So even with daily interest, still well below SDIC limit .... Unlikely will do any withdrawal, but will see situation one month down the road to assess if there are other considerations ....



Think the T&Cs mention it to be daily compounded... But the amount of daily interest so far (it has only been 4 days since the $75k/3.48% pa thing started), the compounded effect is still too minute to be observable .....

I am able to see daily interest in my Saving acct .....

 

[Eternit]

I see on app store they say saving account full and closed liao?

 

[hmyoth]

I applied on Wed and approved on Saturday while my wife/child both applied and approved on Wed. Don’t know what is the reason behind the delay.

 

[The_Davis]

I see on app store they say saving account full and closed liao?

Got sceeenshot?

 

[sglandscape]

I see on app store they say saving account full and closed liao?

So fast??

 

[vsvs24]

I see on app store they say saving account full and closed liao?

I could still install the app on another phone.

 

[sansanjikikut]

@chiokcc How to select gxs payment method in dash app when paying 7-11 cashier generated dash QR code?

 

[MastersIT]

GXS APP Store on mobile phone:

Here (web) also see " ... we are currently full and no longer accepting applications for it!"

 

[Joelleyuan]

GXS APP Store on mobile phone:

Here (web) also see " ... we are currently full and no longer accepting applications for it!"

Wah seriously? when was this updated? i just managed to apply this afternoon around 3pm and got thru immediately.

 

[MastersIT]

Wah seriously? when was this updated? i just managed to apply this afternoon around 3pm and got thru immediately.

Gxgx. Post #752 was the alert.

 

[Guojing88]

Whoa, such accounts can also have a limit

 

[The_Davis]

GXS APP Store on mobile phone:

Here (web) also see " ... we are currently full and no longer accepting applications for it!"

Wow I just went to take a look. Really got such a line