Got a question here, assuming both GX Bank and other digital banks interest rates are the same. GX is giving out daily, whereas others is monthly, so with the same interest rate and same amount of capital, does the amount given out at the end of month ( as well for daily ) be the same ?

Hmm true also.

So if my goal is to gain as much amount ( from the interest ) as possible, daily interest payout digital banks like GX bank would fit my requirements rather than Rize / Boost ?

This post has been edited by Sotsotzaii: Oct 31 2024, 11:22 PM

I heard that Boost is quite unstable and also to achieve higher interest rates we have to unlock some certain levels, and are suppose to at least have purchase with their partnered merchants ? I'm looking for a digital bank that have "not bad" interest rates and is given out daily, tried Rize but it's monthly payout so it won't be as good as daily even though the interest rates is higher, I'm after the interest amount.

Can i get a clearer explanation on Boost's interest rates ? What's the baseline interest rates that we get for free ? Without the need to unlock or purchase from partnered merchants or whatever.

If I'm putting more amount than the "limit" amount of 1006.50 in GX Bank, is it still valid for me to put 91.50 in each of the 10 saving pockets ?

I plan to put monthly savings into GX bank long term regardless of interest rate, as I'm after the interest amount more so than the rates.

PS - Boost seems very draggy and laggy, and not to mention a bit confusing on all the special jars and saving jars, saving jars must put minimum 100, so sounds complicated to me.

This post has been edited by Sotsotzaii: Nov 1 2024, 06:41 PM