https://soyacincau.com/2023/11/14/gxbank-gr...less-right-now/

Quite pointless according to the article.

Maybe to test the stability of the app.
For now they focused on integration with the Grab app and transferring money.
Overall cannot do much honestly.
🤣🤣🤣

not really

any cost savings will always be passed on to customers to differentiate themselves from traditional banks

look at TT for example.

the big 5 banks put very hefty charges to conduct TT transactions with very unfavourable exchange rates.

Glorified e wallet

So anyone here got deposit money with them or use their loan?

So maybe they just want to be first to release the app

And since deadline is near, they just release beta first

Most likely long way to go before open for all, if they release with not even basic features, it creates bad first impression

Not everyone has an account, maybe wait longer.

Once open for all, then there'll be youtube.. tiktok reviews.

How soon do you get the RM20 cashback?

Edit: Okay, so it's instant. You can switch DuitNow (and then switch back) and get another RM8. No minimum balance. I actually like the interface and it is by far the "fastest" / "snappiest" banking-related app I've used. Just so smooth. But that's probably because it's just a barebones app for now. Still like the design. Wish the RHB app was as snappy as this.

This post has been edited by contestchris: Nov 24 2023, 01:35 PM

Yeah ! got RM28 from grab. When can get virtual & physical card?
more stable than rize

This post has been edited by ericlaiys: Nov 24 2023, 10:37 PM

The way you say it, isn't it like MAE or TnG? Where you do not need to go to physical branches to open account and apply services, but provide scanned/ digital documentation for them.

Got card coming. 1% cashback. No markup when used overseas.

Meanwhile there’s story GxS in Singapore is losing money and staffs are frustrated because management is directionless.

say it on website. look beautiful. but not sure when can get virtual and digital cards

Yes it's like MAE and TnG.

Hassle free enrollment.

That's the part I'm concerned too, but maybe will just use it while it's available..

If they're struggling in Singapore, they gonna struggle more here.. because no shariah.

In facebook, a lot of rejection because of no shariah and.. also it's grab.

Yes, looking forward to this. Cashback won't apply for ewallet topup though.

No markup when used overseas means, is it equally like (and possibly better than) bigpay?

all activities pump money sure losing money.

syariah is not applicable for non bumiputera. anyway, they can opt for rize if so concern on it.

pump first then regret

is there a limit of deposit for the 3% anual interest?

based on what I read is unlimited. enjoy while it lasts. SG side capped once a certain period.
Sure will be capped when more users come in else they are burning $$$.
technique same as grab point....start 20x....then lower it once become so popular and no more cash

no choice, marketing strategy. this marketing money cannot save .else where got people want to join if no benefit. Once pump more features and usage into gxbank, sure will cut down benefit.
it's norm

Seems like the company that doing Digitial Bank didnt promote/ heavily advertised on this