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

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ericlaiys
post Nov 10 2024, 09:23 AM

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QUOTE(nexona88 @ Nov 10 2024, 09:02 AM)
If got MEPS fee imposed (matter of time only)
Straight you cancel the card then??
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Enjoy till May 2025. Why worry so much? Besides, i trust gxbank will always come out with promo.
nexona88
post Nov 10 2024, 10:26 AM

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QUOTE(ericlaiys @ Nov 10 2024, 09:23 AM)
Enjoy till May 2025. Why worry so much? Besides, i trust gxbank will always come out with promo.
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From what see now...

They already achieve their target...

Promotion might not be very attractive anymore
Medufsaid
post Nov 10 2024, 10:31 AM

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QUOTE(nexona88 @ Nov 10 2024, 09:02 AM)
If got MEPS fee imposed (matter of time only)
Straight you cancel the card then??
*
i'll wait for their forex rates + 1% overseas cashback adjustment before making a decision.

now it's just an ATM card + overseas TransferWise substitute only
nexona88
post Nov 10 2024, 11:47 AM

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QUOTE(Medufsaid @ Nov 10 2024, 10:31 AM)
i'll wait for their forex rates + 1% overseas cashback adjustment before making a decision.

now it's just an ATM card + overseas TransferWise substitute only
*
Their forex rates is quite okay... For card usage..
That's one of the selling point / advantage 👌
Medufsaid
post Nov 10 2024, 11:56 AM

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GX bank still ok, u can empty your account anytime.

AEON bank submit request to close acct on Oct 27, still waiting for Nov 15 to come so can actually close acct, within the 2 weeks, your RM20 locked inside is sitting duck for any (annual) fees
brandonkl
post Nov 10 2024, 01:07 PM

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QUOTE(nexona88 @ Nov 10 2024, 09:02 AM)
If got MEPS fee imposed (matter of time only)
Straight you cancel the card then??
*
I will still keep it as long as GX still have the 1% cashback for overseas transactions.
CyberKewl
post Nov 10 2024, 01:13 PM

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QUOTE(Medufsaid @ Nov 10 2024, 11:56 AM)
GX bank still ok, u can empty your account anytime.

AEON bank submit request to close acct on Oct 27, still waiting for Nov 15 to come so can actually close acct, within the 2 weeks, your RM20 locked inside is sitting duck for any (annual) fees
*
aeon bank quite annoying cos u need a conventional bank as evidence you have an alternat (non-digital bank account). I had to use my maybank account statement to submit as evidence, then got my account closed and money back
nexona88
post Nov 10 2024, 02:38 PM

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QUOTE(CyberKewl @ Nov 10 2024, 01:13 PM)
aeon bank quite annoying cos u need a conventional bank as evidence you have an alternat (non-digital bank account). I had to use my maybank account statement to submit as evidence, then got my account closed and money back
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Another Islamic bank account cannot?? Like Bank Islam, Muamalat etc.
ronnie
post Nov 10 2024, 04:33 PM

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QUOTE(mushigen @ Nov 9 2024, 11:07 AM)
What if we keep RM91.30-RM91.40 in each pocket, where daily interest is RM0.0050xx?

If it's rounded up to RM0.01, means have 10 days of buffer before it hits RM91.50?
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Go back to maths class...
everyone said RM91.50 is the only amount... that's it.
mushigen
post Nov 10 2024, 04:40 PM

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QUOTE(ronnie @ Nov 10 2024, 04:33 PM)
Go back to maths class...
everyone said RM91.50 is the only amount... that's it.
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Don't have to be so sarcastic. You don't have to reply if you think it's silly. We are no different from cats and dogs if we don't ask questions. You don't want to be cats and dogs, do you?

91.40 x 2% /365 = 0.005008. if round up, still 1 sen. Does your math differ from mine?

But I tested yesterday, 91.40 yielded zero interest, lol.


Medufsaid
post Nov 10 2024, 04:57 PM

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QUOTE(mushigen @ Nov 10 2024, 04:40 PM)
91.40 x 2% /365 = 0.005008. if round up, still 1 sen. Does your math differ from mine?

But I tested yesterday, 91.40 yielded zero interest, lol.
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this year is leap year. 366 days not 365
QUOTE(Optizorb @ Nov 9 2024, 11:17 AM)
if can keep anything lower then people would be doing that instead of 91.50 right..

so 91.50 memang the min needed to earn daily interest.. anything lower wont get any interest
*


This post has been edited by Medufsaid: Nov 10 2024, 04:59 PM
ronnie
post Nov 10 2024, 04:58 PM

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QUOTE(mushigen @ Nov 10 2024, 04:40 PM)
Don't have to be so sarcastic. You don't have to reply if you think it's silly. We are no different from cats and dogs if we don't ask questions. You don't want to be cats and dogs, do you?

91.40 x 2% /365 = 0.005008. if round up, still 1 sen. Does your math differ from mine?

But I tested yesterday, 91.40 yielded zero interest, lol.
*
because you never used the right number of days (i.e. leap year...back to class again)......in LYN we have more sifus than cats and dogs

This post has been edited by ronnie: Nov 10 2024, 04:59 PM
nexona88
post Nov 10 2024, 05:56 PM

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Aiyaahh...
Don't need to silly argument lorh...

91.50 is the minimum... That's all...

Not lower even pitiful 10c....

Sifu already shared
We follow only
No headache & hard feeling 🙏
BboyDora
post Nov 10 2024, 10:34 PM

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yes. dont argue ady.

must thanks our sifu @TOS
Steve78
post Nov 10 2024, 10:58 PM

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Currently, the TNG Visa card is actually the best option for overseas spending, offering a 2% cashback rate.
Medufsaid
post Nov 10 2024, 11:16 PM

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Steve78 caveat being that 2% will end on Dec 31 right?
QUOTE
Enjoy 2% cashback on your overseas travelling spending at destination & Enjoy 1% cashback on your online overseas travel plan and shopping.

Campaign Period: 1 July 2024 - 31 December 2024
https://www.touchngo.com.my/promotion/visac...lcashback-2024/
gooroojee
post Nov 14 2024, 10:32 PM

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QUOTE(Steve78 @ Nov 10 2024, 10:58 PM)
Currently, the TNG Visa card is actually the best option for overseas spending, offering a 2% cashback rate.
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Yes unless farming airmiles
pilot35
post Nov 15 2024, 10:13 AM

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QUOTE(CyberKewl @ Nov 10 2024, 01:13 PM)
aeon bank quite annoying cos u need a conventional bank as evidence you have an alternat (non-digital bank account). I had to use my maybank account statement to submit as evidence, then got my account closed and money back
*

Same thing happened to me with Rize. Tried to open a Rize account, then used GX as first deposit. Weeks later, told me they decided to close my account, even after making a second deposit using a traditional bank (Maybank) as instructed by their CS agents. They didn't give me a reason why, but no doubt it is because of the GX deposit.

This post has been edited by pilot35: Nov 15 2024, 02:09 PM
Confession
post Nov 15 2024, 11:59 AM

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QUOTE(pilot35 @ Nov 15 2024, 10:13 AM)
Same thing happened to me with Rize. Tried to open a Rize account, then used GX as first deposit. Weeks later, told me they decided to close my account (even after making a second deposit using a traditional bank (Maybank) as instructed by their CS agents. They didn't give me a reason why, but no doubt it is because of the GX deposit.
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so does this mean that 1st deposit has to come from "traditional bank" then only the subsequent deposits can come from the likes of GX bank etc?

This post has been edited by Confession: Nov 15 2024, 11:59 AM
wjleong15
post Nov 15 2024, 12:05 PM

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QUOTE(Confession @ Nov 15 2024, 11:59 AM)
so does this mean that 1st deposit has to come from "traditional bank" then only the subsequent deposits can come from the likes of GX bank etc?
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yes
this is their method to verify you

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