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 GXBank 1st Digital Bank in 🇲🇾 ! 🥳🥳🥳

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ronnie
post Mar 28 2024, 11:27 PM

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QUOTE(potatobanana @ Mar 28 2024, 11:22 PM)
Hey guys,

Newbie question here, mine to share a TLDR version of the benefits of this digital bank?

Look and sound interesting, but did not manage to do more in depth research for now.
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No need to go to counter and queue up at 9:30AM
xpole
post Mar 28 2024, 11:46 PM

Rain on me baby
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Just watched Godzilla X Kong : New Empire at GSC

Got ads about GXBank. Not bad when I saw the ads

They should do a lot of ads and billboard at highway to promote more people sign up this bank
cfyong2020
post Mar 28 2024, 11:50 PM

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QUOTE(ronnie @ Mar 28 2024, 11:12 PM)
their website lo
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Is there t&c to read? I don't see any t&c click able to read about this 5%
ronnie
post Mar 29 2024, 12:03 AM

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QUOTE(cfyong2020 @ Mar 28 2024, 11:50 PM)
Is there t&c to read? I don't see any t&c click able to read about this 5%
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still asking ChatGPT to compose the T&C hahahaha
ronnie
post Mar 29 2024, 12:04 AM

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QUOTE(xpole @ Mar 28 2024, 11:46 PM)
Just watched Godzilla X Kong : New Empire at GSC

Got ads about GXBank. Not bad when I saw the ads

They should do a lot of ads and billboard at highway to promote more people sign up this bank
*
Don't waste money on ads... give depositors higher daily interest and word of mouth referral yields even better results
delphine.88
post Mar 29 2024, 12:12 AM

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Digital bank allowed to have credit card?
Not so keen to use debit card though I have gx debit card now.
1% simply too less
soonwai
post Mar 29 2024, 01:19 AM

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QUOTE(dummies @ Mar 28 2024, 10:51 PM)
Where you saw this info? I can’t find it anywhere
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A few posts back, someone posted customer support chats about the RM5000 cap. That's it for now. No T&C on website yet.
soonwai
post Mar 29 2024, 01:28 AM

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QUOTE(delphine.88 @ Mar 29 2024, 12:12 AM)
Digital bank allowed to have credit card?
Not so keen to use debit card though I have gx debit card now.
1% simply too less
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Use both. 1% is infinitely more than all other debit cards that I have.

I use it where my CC has cashbacks or points that are the equivalent of less than 1%. In my case, thus far, it would be car workshops & clinics.

This post has been edited by soonwai: Mar 29 2024, 01:33 AM
soonwai
post Mar 29 2024, 01:31 AM

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QUOTE(potatobanana @ Mar 28 2024, 11:22 PM)
Hey guys,

Newbie question here, mine to share a TLDR version of the benefits of this digital bank?

Look and sound interesting, but did not manage to do more in depth research for now.
*
Very simple at the moment. All info on one page. gxbank.my.
tl;dr: RM8, RM8, RM29.40, 3%, 1% & soon 5%.

This post has been edited by soonwai: Mar 29 2024, 01:31 AM
dummies
post Mar 29 2024, 08:39 AM

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if i use the debit card to pay the personal insurance charges, will i get the 1% CB?
woowoo1
post Mar 29 2024, 09:02 AM

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QUOTE(soonwai @ Mar 29 2024, 02:19 AM)
A few posts back, someone posted customer support chats about the RM5000 cap. That's it for now. No T&C on website yet.
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I have checked with their customer service. Each saving pocket put max rm5k to get 5%. You can create 10 savings pocket and keep rm5k at each saving pocket. So that would mean max rm50k to get 5% interest for 1 month
yhtan
post Mar 29 2024, 09:13 AM

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QUOTE(woowoo1 @ Mar 29 2024, 09:02 AM)
I have checked with their customer service. Each saving pocket put max  rm5k to get 5%. You can create 10 savings pocket and keep rm5k at each saving pocket. So that would mean max rm50k to get 5% interest for 1 month
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the pocket can withdraw anytime? or there is a timeframe?
woowoo1
post Mar 29 2024, 10:10 AM

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QUOTE(yhtan @ Mar 29 2024, 10:13 AM)
the pocket can withdraw anytime? or there is a timeframe?
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You can withdraw anytime, it will just go back to the main acct. Did this many times already
Medusakia
post Mar 29 2024, 11:06 AM

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QUOTE(woowoo1 @ Mar 29 2024, 09:02 AM)
I have checked with their customer service. Each saving pocket put max  rm5k to get 5%. You can create 10 savings pocket and keep rm5k at each saving pocket. So that would mean max rm50k to get 5% interest for 1 month
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10 saving acc same individual?
dummies
post Mar 29 2024, 11:09 AM

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QUOTE(woowoo1 @ Mar 29 2024, 09:02 AM)
I have checked with their customer service. Each saving pocket put max  rm5k to get 5%. You can create 10 savings pocket and keep rm5k at each saving pocket. So that would mean max rm50k to get 5% interest for 1 month
*

that means the 5% interest is only for the RM 50K max per individual account and we have to split it into 10 saving pocket which is RM 5K to enjoy it? tq
poco loco
post Mar 29 2024, 11:20 AM

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ok done creating max of 10 pocket....waiting for the date to put in the money money money

1 month also hantam jer la

This post has been edited by poco loco: Mar 29 2024, 11:20 AM
ronnie
post Mar 29 2024, 11:21 AM

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QUOTE(poco loco @ Mar 29 2024, 11:20 AM)
ok done creating max of 10 pocket....waiting for the date to put in the money money money

1 month also hantam jer la
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maybe later T&C says old pocket does not work...
poco loco
post Mar 29 2024, 11:23 AM

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QUOTE(ronnie @ Mar 29 2024, 11:21 AM)
maybe later T&C says old pocket does not work...
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then ill just pull back the money and redo jer...it took me under 1 minute to make 10 pocket


jeffboon97
post Mar 29 2024, 01:53 PM

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Any loops for people like me who is broke to capitalize on the 5% cashback campaign? Since now TnG reload via Credit card charges 1% seems not worth to topup to TnG and duitnow to Gxbank yeah?
soonwai
post Mar 29 2024, 05:11 PM

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QUOTE(jeffboon97 @ Mar 29 2024, 01:53 PM)
Any loops for people like me who is broke to capitalize on the 5% cashback campaign? Since now TnG reload via Credit card charges 1% seems not worth to topup to TnG and duitnow to Gxbank yeah?
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Definitely not worth. Remember that the 5% is 5% pa. So 1 month is 5/12 %.

Ignoring compounding interest, for RM5000 you only get:
5000 x 5/12 x 1/100
=25000/1200
=250/12
=RM125/6 for that 1 month.

This post has been edited by soonwai: Mar 29 2024, 06:00 PM

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