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

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Ramjade
post Apr 29 2024, 07:21 PM

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QUOTE(contestchris @ Apr 29 2024, 06:18 PM)
Can't you transfer RM50k in multiple tranches on the same day?
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Don't think you can. Daily limit RN50k
Ramjade
post Apr 29 2024, 08:28 PM

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QUOTE(nexona88 @ Apr 29 2024, 08:03 PM)
Good security features in place...

So only those account owner can change... Not anyone in the streets 😔
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1st, 2nd 3rd selfie failed. Don't know why. Thought money stuck inside. 4th selfie went through.
Ramjade
post Apr 30 2024, 10:28 AM

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QUOTE(victorian @ Apr 30 2024, 10:22 AM)
Anyone get this error when launching their gx app?

Something went wrong
Your phone can't be used for GXBank.

iPhone 12 btw
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Few days ago error. Close app/restart phone and see.
Ramjade
post Apr 30 2024, 10:53 AM

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QUOTE(victorian @ Apr 30 2024, 10:47 AM)
Called GX bank, apparently need to update the app and the error is gone.
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I think mine was leave it alone. Lol.

This post has been edited by Ramjade: Apr 30 2024, 10:53 AM
Ramjade
post May 2 2024, 09:14 PM

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QUOTE(virtualgay @ May 2 2024, 09:03 PM)
just curious the pocket with 5% end by 9th May so is withdraw the money on the 9th or withdraw all the money on the 10th?
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Withdraw on 10/5/24 0001H That is what I am going to do.

This post has been edited by Ramjade: May 2 2024, 09:15 PM
Ramjade
post May 3 2024, 01:06 PM

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QUOTE(virtualgay @ May 3 2024, 11:35 AM)
ok faham - will withdraw all my 10 pockets on the 10th but will leave like RM5x.00 inside to earn 0.01 cent interest
cant remember the golden number for 3% interest where it will round up to 0.01
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No need leave anything inside unless it's 4% or 5%p.a.
I am making it empty and moving it all back to KDI save. Just leave pocket there in case got promo again.
Ramjade
post May 3 2024, 01:32 PM

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QUOTE(cclim2011 @ May 3 2024, 01:24 PM)
rm61 for 6% effective interest. 😁
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Where to get 6%p.a if 6% I leave it with gxbank.
Ramjade
post May 3 2024, 01:52 PM

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QUOTE(Optizorb @ May 3 2024, 01:35 PM)
RM61 x 11 pockets = 11 cents/day for RM671 capital

RM671 x 5% /366 = 9 cents/day for RM671 capital
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Thank you. Will leave RM61 inside there.
Ramjade
post May 3 2024, 02:26 PM

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QUOTE(leanman @ May 3 2024, 01:50 PM)
Just made a duit now transfer out of GX bank for RM11k+ need to perform a selfie validation
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Yup. I posted it too. Even change limit also need to do selfie.

QUOTE(Medufsaid @ May 3 2024, 02:06 PM)
so will leave RM610 in 10 pockets. main balance leave behind additional RM61 + any amount i want to spend via Debit card with 1% cashback

thx Optizorb
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Do like ikanbilis said. Leave RM61.01 inside.
Ramjade
post May 3 2024, 06:51 PM

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QUOTE(ronnie @ May 3 2024, 05:41 PM)
Why need to keep pocket savings active after 10/5 ?
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Cause if you have main account active, you won't get 6% X10. You can only get 6% x1
Ramjade
post May 6 2024, 11:13 AM

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QUOTE(4eyeco @ May 6 2024, 11:06 AM)
thanks, I was actually referring to the 6%. Dont seem to be able to find this
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Here you go.
QUOTE(Optizorb @ May 3 2024, 01:35 PM)
RM61 x 11 pockets = 11 cents/day for RM671 capital

RM671 x 5% /366 = 9 cents/day for RM671 capital
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QUOTE(ikanbilis @ May 3 2024, 02:09 PM)
To be safe put rm61.01 there
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Ramjade
post May 6 2024, 12:10 PM

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QUOTE(lowyat101 @ May 6 2024, 12:04 PM)
Just created the account and waiting for verification, so I guess no more applicable for these "pockets" campaigns ya?

BTW just wanna check, under normal usage, what's the reason for having so many pockets? Tried to read around but still couldn't get the idea, except that different pocket will allow one to see the actual vs target for each pocket. Any other benefits?

Thanks
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Is kind of like force savings. Cause the savings pot cannot be used for spending. It needs to be transferred to main account to spend. Although transfering is fast but need the extra step.😂
Ramjade
post May 6 2024, 12:36 PM

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QUOTE(lowyat101 @ May 6 2024, 12:26 PM)
Thanks for the info. But both main and pockets will get the same 3% interest right?

And to transfer between the main and pockets, is it instant transfer that can be done via the app?

Thanks
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Yes. Instant transfer.
Ramjade
post May 6 2024, 11:18 PM

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QUOTE(BboyDora @ May 6 2024, 10:54 PM)
which is to take your photo!! hahaha.. i dunno take how many times ady my own selfie biggrin.gif  biggrin.gif
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I have transferred don't know how many times, no need to take selfies. Selfie only for increasing limit.
Ramjade
post May 7 2024, 03:39 PM

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QUOTE(BWassup @ May 7 2024, 03:14 PM)
Just created my virtual debit card.

Can the virtual card be used for payment at merchants e.g by scanning it (tho I don't see any QR or bar code), or do I still need to order the physical card?
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QR code won't give you 1% cash back cause need to use card.

This post has been edited by Ramjade: May 7 2024, 03:39 PM
Ramjade
post May 7 2024, 04:10 PM

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QUOTE(BWassup @ May 7 2024, 04:00 PM)
Ok I'll order itthen.

How about online bill payments and purchases? Do we get 1% cashback?
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See their exclusions. I think insurance, govt transaction no cashback. Online no need physical card. Virtual card enough. Physical card for physical purchases.

Keep in mind it's promo until end of this year the 1% cashback. Whether they extend some more after that, don't know.

This post has been edited by Ramjade: May 7 2024, 04:11 PM
Ramjade
post May 8 2024, 09:34 AM

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QUOTE(sjz @ May 8 2024, 09:33 AM)
tomorrow is the last day 5% p.a. promo interest
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Yup. Then mass withdrawal. Will see how gxbank deal with mass withdrawal. 😁
Ramjade
post May 8 2024, 01:45 PM

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QUOTE(ClarenceT @ May 8 2024, 12:00 PM)
Kuok Group can ask PPB companies, Golden Screen Cinemas, Shangri-la hotels, Wilmar Plantation, KEK Express, Massimo bread to transfer their account balance to GX Bank.

Or pay salary early to their workers.
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Still not a good bank yet. No options to pay bills. No overseas remittance.
Ramjade
post May 9 2024, 09:32 PM

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QUOTE(sg8989 @ May 9 2024, 09:25 PM)
No  one go for KDI ?since KDI offering 1st 50k-4%......
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Me. I am taking out tonight.
Ramjade
post May 10 2024, 12:37 AM

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QUOTE(sg8989 @ May 10 2024, 12:24 AM)
Can withdraw oledi?
How come my total only received rm189.57
I don't see raya interest on 9-may.
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QUOTE(Optizorb @ May 10 2024, 12:35 AM)
lucky you in the early batch.

now probably system overloading, cause coupled with mass withdrawals.

so the rest of us have to wait until system finally can process ours lol
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Withdrawal done. tongue.gif
Goodbye gxbank. Haha...

Just leaving inside 61.01

This post has been edited by Ramjade: May 10 2024, 12:37 AM

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