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Banking GXBank - First Malaysian Digital Bank (by Grab), UNLIMITED 1% cashback+3% p.a. interest!

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victorian
post Mar 1 2024, 02:23 PM

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QUOTE(Optizorb @ Mar 1 2024, 02:14 PM)
purchases on shopee can get 1% cb right?

what i wanna ask is, if use certain shopee vouchers that set T&C payment method as shopeepay. so we need reload our shopeepay first and use that as payment method in shopee.

does this consider under e-wallet and thus not eligble for CB? or still able to get CB?
anyone knows this?
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You are reloading to ShopeePay, ShopeePay is an eWallet, conclusion?
victorian
post Mar 1 2024, 08:00 PM

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QUOTE(CyberKewl @ Mar 1 2024, 07:48 PM)
last time if pay as debit card not reload you will get 1% CB...recently didnt buy so dont know but should still be applicable as long as not reload ewallet.
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Direct payment can get 1%, if go through shopeepay then no
victorian
post Mar 7 2024, 05:49 PM

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QUOTE(cybpsych @ Mar 7 2024, 05:19 PM)
here comes competition biggrin.gif
Spend More, Earn More

Enjoy 1% unlimited cashback at grocery stores, supermarkets, and pharmacies with your Debit Card-i!
Visit www.muamalat.com.my for more details.

Terms & conditions apply.
user posted image
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Grocery store got 8/10% CB, pharmacy 8% from other cards.

1% unlimited is a bit pointless if it only covers few category
victorian
post Mar 26 2024, 02:51 PM

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QUOTE(soonwai @ Mar 26 2024, 02:26 PM)
You got your wish. But 1 month only.

"Exclusive 5% p.a. daily interest with Saving Pockets. Enjoy bonus Hari Raya interest on all your Saving Pockets from 10 April - 9 May 2024."
https://www.gxbank.my

Rize 4% finish, can move all to GXB.
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where is the tnc
victorian
post Mar 27 2024, 01:10 PM

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QUOTE(CyberKewl @ Mar 27 2024, 12:48 PM)
sorry i meant the part where he said gxbank gives 10 days to move funds from rize to gxbank..i suppose its not coming from gxbank but just a case where you have 10 days to just move to get that 5% and its not targeted at rize I suppose. It could be said the same with "gxbank gives 10 days to move from Maybank to gxbank to enjoy 5%..."
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its just his interpretation biggrin.gif

more like there's a gap between the campaigns
victorian
post Mar 28 2024, 08:19 AM

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QUOTE(Lancer07 @ Mar 28 2024, 08:06 AM)
GX 5% only for a month.

After that saving might need to move to other place with high interest if possible.
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If you only have 5k, then yes. Because the campaign 5% is only for 5k.

If you have more, you will have to start moving on 1 April

Edit: just saw the 10 pockets x 5k thing

I have doubts on this though, Rize previously offered 5% only for the first 5k as well.

At the interest rate condition, don’t think GX bank will offer 50k 5%.

Will wait for the actual tnc to verify.

This post has been edited by victorian: Mar 28 2024, 08:21 AM
victorian
post Apr 2 2024, 12:52 PM

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TnC will be in by 5 April

https://soyacincau.com/2024/04/02/gxbank-ra...obox=1712033190
victorian
post Apr 5 2024, 11:39 AM

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Just for the sake of nitpicking, if you have less than 50k funds, dont put the max 5k into your savings pocket.

Average it out across 10 savings pocket so that your daily dividend can still get the max 5%

This post has been edited by victorian: Apr 5 2024, 11:44 AM
victorian
post Apr 5 2024, 12:40 PM

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QUOTE(ikanbilis @ Apr 5 2024, 12:36 PM)
For the sake of nitpicking, the optimal amount to put in each pocket is RM4978 and remaining put in main pocket.
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No diff, still can earn 3% anyway
victorian
post Apr 5 2024, 12:51 PM

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QUOTE(ikanbilis @ Apr 5 2024, 12:47 PM)
Refer to the TnC, 5k and 4978 in each pocket will earn the same interest 0.68 per day.
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Bonus is only first5k, but anything extra is still eligible for 3%
victorian
post Apr 5 2024, 11:16 PM

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QUOTE(soonwai @ Apr 5 2024, 11:01 PM)
Another use of pockets. If you have limited funds, let's say RM671. Put RM61 in 10 pockets. Can earn 11 sen total vs 6 sen. Correct right?

btw, Duitnow seems to be shitting bricks right now. Comms error when trying to xfer from MBB to GXB.
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if you have 671 only just focus in one pocket la confused.gif
victorian
post Apr 5 2024, 11:37 PM

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QUOTE(TOS @ Apr 5 2024, 11:19 PM)
He is trying to abuse the 0.01 round up round down thing laugh.gif laugh.gif

P.S. ikanbilis you have opened a can of worms... laugh.gif
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stop it with the 1 cent nonsense shakehead.gif


you will not even bother to pick up 10 cents on the street

This post has been edited by victorian: Apr 5 2024, 11:37 PM
victorian
post Apr 7 2024, 08:36 PM

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QUOTE(Ramjade @ Apr 7 2024, 08:27 PM)
No one reply. Nothing in app. That why ask lo. Chill la.
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For someone who is known to be very loud in advocating his sets of investment advice, I’m surprised you can’t google it yourself.
victorian
post Apr 8 2024, 04:20 PM

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QUOTE(ronnie @ Apr 8 2024, 03:57 PM)
what happen if after removal of funds, total Pocket Savings drop below RM1b mark ?
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I’m sure there are a lot of complex calculations involved, where the next in line will be slotted in once someone withdraws from their pocket
victorian
post Apr 8 2024, 07:39 PM

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QUOTE(Ancient-XinG- @ Apr 8 2024, 07:21 PM)
Still dint see the 5% thingy as per advertised
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promo has started? hmm.gif
victorian
post Apr 9 2024, 11:54 AM

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QUOTE(ycktech @ Apr 9 2024, 11:33 AM)
Just to confirm,
No compounding interest right.
The interest earn is not calculated for interest again?
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It’s compounding as the dividend as credited into your pocket
victorian
post Apr 9 2024, 03:47 PM

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QUOTE(Barricade @ Apr 9 2024, 03:44 PM)
What rate is rize giving now? Can beat versa's 4%?
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versa 4%, rize 3.8%.

But Versa is not liquid enough
victorian
post Apr 9 2024, 04:22 PM

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QUOTE(Barricade @ Apr 9 2024, 03:57 PM)
Not liquid? I withdrawed yesterday night and credited today afternoon. Rize can do better?
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One is instant, one is T+1, no difference?

QUOTE(Barricade @ Apr 9 2024, 04:09 PM)
Nope and never plan to. Liquidity is not important for me. Rate is.
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For 0.2% less you get a savings account with instant transfer, compared to versa 4% but you'll have to wait for your withdrawal.

Why not use both, you will still need some liquid cash around for emergencies anyway.
victorian
post Apr 10 2024, 12:17 AM

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App is showing 5% now
victorian
post Apr 10 2024, 12:24 AM

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QUOTE(Chiggah @ Apr 10 2024, 12:22 AM)
Got 41 cents from rm5000
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That’s 3%

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