https://gxbank.my/docs/terms/GX%20Card%20PD...0Apr%202025.pdf

Yup, I think so. No exception.

They are betting on a consumer's typical laziness behaviour. Once you put 1000 MYR in GX Bank, you will be lazy to move money here and there. Banks always make money from this type of customer.

But it is interesting to note that they say account, not saving pockets. You therefore need to move money out of the saving pockets to main account or top up main account from 91.25 or 91.50 to 1000 MYR for 30 days after they replace your card.

And you must remember to move out the 1000-91.25 or 1000-91.50 30 days later.

Otherwise, you will lose interests on better offers elsewhere

You may renew your card in leap years or common years. the 91.50 case takes into account of the case when you happen to renew your card in leap years like in 2028, 2032, 2036, 2040, 2044, and 2048 etc.

Yes, for now. Bear in mind that they can change their T&C anytime they like. Fluidity is the norm in the banking sector.

The 1% cashback thingie is in the rewards section: https://www.gxbank.my/campaign-tnc (item 9 GX Card Rewards Campaign).

The Product Disclosure Sheet is a Bank Negara requirement to inform consumers before they use the bank's product (i.e, pre-contractual stage): https://bnm.gov.my/documents/20124/938039/p...ure_dec2024.pdf

There are strict requirements to follow when drafting a PDS, which is why it is more or less standard across all banks in Malaysia, regardless of products.



The 1% reward is not and never promised to consumers who are planning to use GX Bank debit card, which is reasonable, consider that reward campaigns come and go.

I wouldn't read too much into the PDS. After all, the debit card business is mostly about back-end interchange fee charged to merchants and for credit card business, the "revolvers" who always pay the minimum balance and essentially borrow at 20-30ish percent p.a. from banks are the core customer that drive the profits. Whereas credit card PDS will warn you about the high interest rate, e.g. https://www.maybank2u.com.my/iwov-resources...2C-Plat_PDS.pdf, debit card says nothing about the B2B hidden backend interchange fee mechanism. (Your 1% reward actually comes from that backend interchange fee thingie.)

Just treat it as extra info good to know.

Yea, me kena last month. I cancelled old card, paid 12 MYR for new card and CS said fee will be reimbursed in September. Today last day September still no money in yet...

Don't know where to ask this... Uhmm I am going to Auckland, New Zealand during CNY next year for conference.

Just want to know if they accept GX Bank, Ryt bank, Wise etc. cards? Or mostly need to pay cash?

How are the FX rates and fees like?

Thanks for info.

Just to be sure, most Auckland food stalls accept Mastercard ya?

I am worried about how much NZD cash to bring there...

Wow GX Bank debit card can withdraw cash in Auckland ATMs?

FX rate follows Mastercard?

Noted, will exchange some NZD cash first lah. Thanks for info.