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 GXBank 1st Digital Bank in 🇲🇾 ! 🥳🥳🥳

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Ayambetul
post Apr 10 2024, 11:16 AM

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QUOTE(Natsukashii @ Apr 8 2024, 04:08 PM)
It is debit card

It is very good but ewallet topup cannot

See the website for more details
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Any annual fee charge?
Zaryl
post Apr 10 2024, 11:23 AM

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QUOTE(rko0504 @ Apr 9 2024, 11:16 AM)
My honor is not supported when it launch. After sometime it's able to download.
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Iphone > all je
anakMY
post Apr 10 2024, 11:25 AM

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QUOTE(guailow83 @ Apr 10 2024, 10:24 AM)
for the first 5k in pocket onli

kek
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Sure onot? I saw some ppl created 10 pockets.
p4n6
post Apr 10 2024, 11:38 AM

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QUOTE(billyboy @ Apr 10 2024, 10:43 AM)
5% interest (calculated on annual rest) but paid daily.  Banks usually calculate on daily rest.
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Usually bank calculate day rest about 0.2% per annum but paid annually…

GXBank also calculate day rest about 3-5% per annum and pay daily …
p4n6
post Apr 10 2024, 11:40 AM

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QUOTE(anakMY @ Apr 10 2024, 11:25 AM)
Sure onot? I saw some ppl created 10 pockets.
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First 5k in each pocket gets 5%, subsequent 3%.
So you can have multiple pocket of 5k.
The word “each” means can be more than one eligible.
iGamer
post Apr 10 2024, 11:49 AM

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Ok time to plan how to enjoy that RM200 interest next month… damn it’s not enough for one new game nowadays… cry.gif
ronnie
post Apr 10 2024, 01:49 PM

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QUOTE(iGamer @ Apr 10 2024, 11:49 AM)
Ok time to plan how to enjoy that RM200 interest next month… damn it’s not enough for one new game nowadays… cry.gif
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thinking how to spend before earning it... haiya blink.gif
Lancer07
post Apr 10 2024, 01:58 PM

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QUOTE(iGamer @ Apr 10 2024, 11:49 AM)
Ok time to plan how to enjoy that RM200 interest next month… damn it’s not enough for one new game nowadays… cry.gif
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can eat Mcd few times biggrin.gif
abhipraaya
post Apr 17 2024, 09:35 AM

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They should add more functionality to the app.
Say you want to pay for something using the ewallet, you are allowed to only scan the merchant's QR code yourself, there is no fucntionality for the merchant to scan your QR code during payment.

There is also no bill payment, how can I pay my bills using GX Bank ?
iGamer
post Apr 17 2024, 09:47 AM

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You guys activated the GX Bank debit card function? Will get actual debit card or just digital version thru the APP?

It can use for scanning TnG eWallet barcode or just duitnow barcode of hawkers?
ericlaiys
post Apr 17 2024, 10:18 AM

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QUOTE(abhipraaya @ Apr 17 2024, 09:35 AM)
They should add more functionality to the app.
Say you want to pay for something using the ewallet, you are allowed to  only scan the merchant's QR code yourself, there is no fucntionality for the merchant to scan your QR code during payment.

There is also no bill payment, how can I pay my bills using GX Bank ?
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dude...it is a new bank. please don't compare with traditional bank that exist more than 30 years+
Mavik
post Apr 17 2024, 10:22 AM

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QUOTE(abhipraaya @ Apr 17 2024, 09:35 AM)
They should add more functionality to the app.
Say you want to pay for something using the ewallet, you are allowed to  only scan the merchant's QR code yourself, there is no fucntionality for the merchant to scan your QR code during payment.

There is also no bill payment, how can I pay my bills using GX Bank ?
*
More functionalities are coming out in the next coming months.

QUOTE(iGamer @ Apr 17 2024, 09:47 AM)
You guys activated the GX Bank debit card function? Will get actual debit card or just digital version thru the APP?

It can use for scanning TnG eWallet barcode or just duitnow barcode of hawkers?
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You will get an actual physical card.

The app right now can scan DuitNow QR code (not the QR code generated by TnG).
iGamer
post Apr 17 2024, 10:26 AM

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QUOTE(Mavik @ Apr 17 2024, 10:22 AM)
More functionalities are coming out in the next coming months.
You will get an actual physical card.

The app right now can scan DuitNow QR code (not the QR code generated by TnG).
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Did they specify this 1% cash back is valid for how long? Is it just temporary promo rate?
loserguy
post Apr 17 2024, 10:27 AM

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QUOTE(abhipraaya @ Apr 17 2024, 09:35 AM)
There is also no bill payment, how can I pay my bills using GX Bank ?
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As a workaround, you can use the debit card for bills that accept card payment. Gives you a 1% cashback too for some.
Mavik
post Apr 17 2024, 10:46 AM

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QUOTE(iGamer @ Apr 17 2024, 10:26 AM)
Did they specify this 1% cash back is valid for how long? Is it just temporary promo rate?
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Yes, read the T&C. I won't tell you when it will end. Please learn to read T&C for all products advertised to always be aware.
DM3
post Apr 17 2024, 11:03 AM

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abhipraaya
post Apr 17 2024, 11:24 AM

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QUOTE(ericlaiys @ Apr 17 2024, 10:18 AM)
dude...it is a new bank. please don't compare with traditional bank that exist more than 30 years+
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dude, it's marketed as a digital bank. these are essential features, it's a MUST have for a "Digital Bank" not nice to have.

everything is done via the app, and ONLY the app. so these functions must already be in place., for a Digital Bank.

some merchants prefer to scan QR code from your phone instead of you scanning their code.

But as someone mentioned, they should roll out these features in the coming months, then that's ok.

Hope the wait is not too long, for 30 years.
ericlaiys
post Apr 17 2024, 11:46 AM

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QUOTE(abhipraaya @ Apr 17 2024, 11:24 AM)
dude, it's marketed as a digital bank. these are essential features, it's a MUST have for a "Digital Bank" not nice to have.

everything is done via the app, and ONLY the app. so these functions must already be in place., for a Digital Bank.

some merchants prefer to scan QR code from your phone instead of you scanning their code.

But as someone mentioned, they should roll out these features in the coming months, then that's ok.

Hope the wait is not too long, for 30 years.
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for me , there is no benefit on using qr code scan on gxbank. i will use debit card which can get 1% cashback or if merchant want scan qr code ( I will just use ewallet to get point).
what is the benefit of using qr code scan on gxbank?

This post has been edited by ericlaiys: Apr 17 2024, 11:46 AM
abhipraaya
post Apr 17 2024, 11:55 AM

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QUOTE(ericlaiys @ Apr 17 2024, 11:46 AM)
for me , there is no benefit on using qr code scan on gxbank. i will use debit card which can get 1% cashback or if merchant want scan qr code ( I will just use ewallet to get point).
what is the benefit of using qr code scan on gxbank?
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not all places accept debit . credit cards. you see plenty of small time traders, restaurants displaying only Duit Now QR code at their premise or they just accept hard cash. I went to Bila Bila Mart, they do not display a QR code but instead wanting to scan QR from my phone, since GXBank app cann't display QR code to merchant, i just let them scan from my M2U app instead.

1% cash back isn't much for a low spender like me, I do not bother on that. You need to spend RM5K just to get a measly RM50. I prefer keeping less physical cards in my wallet. Digital means nothing physical, minimalist. Anyway, I'm sure they will improve their app, it's just a matter of time, I believe it will be soon.

This post has been edited by abhipraaya: Apr 17 2024, 11:57 AM
silverong
post Apr 17 2024, 04:56 PM

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May I know what is the max withdrawal/transfer allow? 50k? 100k?

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