did you check carefully what is the limit on their 2% bonus?

not pidm certified.

GXbank withdrawal perday max only RM5000?

if after 9.5.24 , interest drop down to 3% rate those with RM50,000 will be caught.

every day can WD RM5k need 10days only can come
out all.

so GX bank untung , your balance RM45k stuck 9 days

PS
my mistake - can remove out RM50k 1 shot

This post has been edited by guy3288: Apr 27 2024, 01:33 AM

You can change limit.

thanks , suddenly i remembered
i had asked in here before

good thing can transfer RM50k out 1 shot.

That was the first option I search first when I install gxbank app cause I heard about rize with their 5k issue. Didn't want that to happen to me.

This post has been edited by Ramjade: Apr 27 2024, 06:12 AM

Why will GX bank Untung?

Rize can WD RM 50k also

People went in for promotion rate 5%
If 3% they dont want

Who knows. I am here for the 5%p.a interest and their 1% cashback. Won't be the place where I park my money after the 5%p.a offer expired. If they continue offering the 5%p.a or 4%p.a I will continue being their customer. Once 5%p.a expire, I will return my money back to KDI save.

Last time I heard cannot. I heard last time only RM5k per transaction. Good that they have changed it.

Can fulfill their "banking requirements" easily with that "free," 1bil $$$ deposited.... BNM requirements something...

Don't need use own money but uses others people money 😁

I want to know what happen to that 1 bil once 5%p.a promo is over. How are they going to maintain the 1 bil amount.

This post has been edited by Ramjade: Apr 27 2024, 11:25 AM

please share this on tng thread rather than gxbank

Sure there's others new inflow of funds...

It's digital banks...

Always got transactions in & out...

Hopefully unable to maintain and do new round of promo

there are some capital requirements set by bnm

gxbank can't expect to keep 1bil forever with them without doing anything to please the depositors (to stay)

that's where marketing budget comes in.

throwing $$ to rewards depositors is not organic growth. short term trick just to make their numbers beautiful to their shareholders.

true test is actual organic growth when $$ reward lesser but breakthrough with special features that's so out-of-this world that depositors cannot live without it (rare and hard to crack)

Hehehe...

If they want to keep hold the $$$ & capture bigger pie of the market... They really need to give out promo rates 👌

you are confusing between the >RM5k withdrawal some people being charged 0.50 cents and some dont.

anyway they no longer charge 0.50 cents for >5k withdrawal.

i withdraw 49,410 on all 3 rize accounts and no charges. Money also came into GX instantly.
Hopefully when the time comes, GX also can withdraw out smoothly without any issues.

This post has been edited by Optizorb: Apr 27 2024, 02:05 PM

updated:
i went to Guardian this afternoon and bought toothbrush. Guardian's merchant terminal (Hong Leong bank) accepted (successful) my GXBank Card and then walked buy Gatsby in watson's merchant terminal (Hong Leong Bank) not accepted again and asked seller .. insert pin my GXBank Card but not working.

It's maximun30K, they giving out 100 only for the campaign.

So if they don't have 1bill, they'll lose the license?

I hope not, I really like this one.. the app is smooth, cashback, everything just works for me. Only lacks FPX, bill payment but I believe they'll work on it

This post has been edited by Natsukashii: Apr 27 2024, 09:36 PM