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

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leanman
post May 8 2024, 01:06 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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any linkage between Kuok Group and GX?
leanman
post May 23 2024, 09:39 AM

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So does it means its much safer without a debit card, just the digital account for savings purposes?
leanman
post May 23 2024, 09:53 AM

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QUOTE(ericlaiys @ May 23 2024, 09:48 AM)
u lost the benefit. just get card for free and freeze it when not use
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yeah aware of that.. if you keep the money in the pocket savings, i think that helps too. As the DR card cannot access directly to the pocket savings acct and the money is not accessible until you transfer it out to the normal acct
leanman
post May 28 2024, 03:57 PM

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QUOTE(brandonkl @ May 28 2024, 03:47 PM)
I just paid about RM800 for my Adobe subscription online with my GX Card. It went through without any GX secure verification.

Seems a bit risky that anyone can just enter my GX card details to pay.

Or maybe it is considered low risk since it is subscription payment and no physical goods or services received. If fraud, they can just terminate the subscription?
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no idea as never used my GX card for online transaction before, normally used for paywave or pin only. That sounds risky though
leanman
post May 31 2024, 08:48 AM

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QUOTE(Confession @ May 28 2024, 12:43 PM)
is there any charges to apply for the physical card? and if there is any annual fee that have to pay for it?
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QUOTE(mjchua @ May 31 2024, 02:59 AM)
it is no annual fee, not just first year, correct ?
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user posted image

This post has been edited by leanman: May 31 2024, 08:49 AM
leanman
post Jun 1 2024, 02:20 PM

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After taking into consideration of the 1% CB, cash money changer (cash) at my usual changer vs. GX in term of the exchange rate today.

My usual exchange rate at 14.40

Vs GX of 14.51 before 1% CB

Made an error earlier

This post has been edited by leanman: Jun 1 2024, 03:36 PM
leanman
post Jun 1 2024, 03:37 PM

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QUOTE(Ramjade @ Jun 1 2024, 02:35 PM)
Wow. GXbank got good rates.
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Sorry made an error in calculation, reference earlier post. The rate is also good enough to use the GX DR card
leanman
post Jun 11 2024, 12:37 PM

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GX doesn’t round up the CB?
Spent RM27.80 and got RM0.27 CB

leanman
post Jun 19 2024, 03:03 PM

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QUOTE(alvinwh @ Jun 19 2024, 10:16 AM)
May I ask can we saved bank account to Gx bank, so next time when we add money easier
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No, currently GX bank cdon't have the favourite account feature. If i understand you correctly. It only shows the current account transferred to but it shows only name on the face. Say i last transferred to my 5 different bank accounts, i cannot tell which account is which until i clicked on it only to know which bank is that.
leanman
post Jun 20 2024, 09:02 AM

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Some got it much faster, some got it much later. Not sure that's normal or abnormal
leanman
post Jun 20 2024, 11:17 AM

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QUOTE(buffa @ Jun 20 2024, 11:04 AM)
Is GXbank the best digital bank now? Good app, good promotion?
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There is no one best, really depending what is your expectations. GX currently is not the best rate but so far never I came across any problem with it. Their online transfer is really smooth, need additional selfie for high amount, never came across any on hold transaction.
leanman
post Jul 24 2024, 08:49 AM

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yes, earlier wanted to transfer money and saw that feature. However, I cannot add favourite for the TnG duitnow acct no, normal bank account no is fine
leanman
post Jul 24 2024, 10:04 AM

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QUOTE(ericlaiys @ Jul 24 2024, 09:21 AM)
Yeah...tested working fine including TNG
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yup, now is working fine, not when i got to know it earlier at 7am+
each favourite add need to take selfie.. biggrin.gif
leanman
post Jul 31 2024, 02:42 PM

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QUOTE(Sunshape @ Jul 31 2024, 02:40 PM)
Does dormant account apply to GXBank as well if no transaction within 1 year?

I found out that tradition banks implement strict and "buang masa" procedures when come to dormant account activation.
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just do a once a year withdrawal in the 11th month to prevent it being dormant. Transfer out some of your interest. As it can be done via your phone, not that you need to go to the bank and use the bank book to withdraw.
leanman
post Jul 31 2024, 02:52 PM

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QUOTE(Sunshape @ Jul 31 2024, 02:48 PM)
yes, that is the only way. Sometimes can forget.
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All you need is just 1 withdrawal in a year, i don't think you will forget. I am sure if you have 100k in that account, every now and then you will log in to see whether the money is still there, how can you forget biggrin.gif
leanman
post Aug 7 2024, 07:25 AM

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No more RM61.01? With RM49.37, I am also getting 0.01sen

user posted image
leanman
post Aug 7 2024, 07:57 AM

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Yes 2days in a row with bal of RM49.37

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leanman
post Aug 7 2024, 08:14 AM

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QUOTE(leanman @ Aug 7 2024, 07:57 AM)
Yes 2days in a row with bal of RM49.37

user posted image
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QUOTE(TOS @ Aug 7 2024, 07:58 AM)
Did you happen to buy anything using GX's debit card on that day?

The amount "on hold" is still eligible for interests until the transaction is cleared a few days later.

I experienced that before. Once the card transaction is settled and the amount on hold is zeroised a few days later, you earn interest on the main account/saving pocket balance  of 49.37 (which will be 0, in your case).
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In that case, it’s possible as I spent RM19.50 two days ago where the balance was at RM68+ maybe you are correct, the amount rm19.50 yet to be deducted. Let’s see in a day or 2

This post has been edited by leanman: Aug 7 2024, 08:14 AM
leanman
post Aug 15 2024, 01:14 PM

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QUOTE(leanman @ Aug 7 2024, 08:14 AM)
In that case, it’s possible as I spent RM19.50 two days ago where the balance was at RM68+ maybe you are correct, the amount rm19.50 yet to be deducted. Let’s see in a day or 2
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QUOTE(Vincent9696 @ Aug 15 2024, 10:19 AM)
any update for this?
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Well as mentioned, the amount was taken out from our view (or on hold, which cannot be used) but the interest calculation still entitled.
On the 3rd day, interest no longer entitled.
leanman
post Aug 16 2024, 01:36 PM

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QUOTE(Wolgie @ Aug 16 2024, 10:15 AM)
better exchange rate?
also got 1% cashback for anythings?
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was using it early June while in Taiwan. exchange rate as good as most money changer in KV. If after the 1%CB, it can be better. Yes CB on all my transactions as i spent mainly on shopping and restaurants.

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