4.00% on Bonus Pocket
Opens 2x at RM25,000 and keep for 3 months, correct?

Need to play game?

Sorry didn't follow anything about GX, what is the 91.25x11 about?

so its normal right  to have zero amount in the main account,with 2 pocket of 25k each..i thought 2% goes to main account and other 2% will realease  end of tenure

Need to lock up the money.

People there like cash. If you use card, you pay extra 2-3%

Does the merchant there in New Zealand typically charges such 2-3% fee even for debit cards?

I guess so cause they cant differentiate credit or debit card.

Shouldn't the card number already can tell whether it is a debit or credit? That is how the card tier is segregated also. I know in some places we have to select either Debit/Credit during the transactions.

You tap you think the reader tell the seller it's credit card or debit card? To make it easier, you use card charge extra lo. No need to think of debit or credit card.

No, some countries they allowed to use credit/debit transaction regardless of the card type, I was using credit cards on those machines and those are without charges. Actually, the seller can know the card type easily by just looking the Debit sign there. I'm quite surprise New Zealand actually have charges for credit card transaction, the first time when I watch some of the FB videos.

So as daily interest added to the pocket, can I take them out and leave it at 25k each, or I can't touch it at all?

Yes because it is merchant imposed charges on the consumer itself unless the merchant decide to waive it
Because it is fee imposed from the banks itself to use the EFTPOS payment gateway to the merchants

Previously before Covid most merchant will absorbed it but now higher operation costs and lower margins hence why most merchants will self imposed it to cover the charges
Yes under EFTPOS no distinction on debit or credit just the card provider network itself
EFTPOS doesn’t bother whether debit or credit 🤦‍♀️ it is segregated by the network card provider
EFTPOS reader doesn’t need to because it is only defined by savings or card which simplify and for faster transaction
You can’t compare 🤦‍♀️ because each country payment systems setup differently and charges differ because processing differs based on what it is setup by country central bank

Previously Malaysia also have CC or debit charges until BNM decided to take action and imposed blanket mandatory to force the merchant to waive off those charges

So Malaysia's Bank Negara forces Malaysian merchants here to absorb the card network charges (where applicable), but that doesn't happen in other countries?
You're saying that some other countries will still charge a few % of fees (could be network fee or mark-up fee even when DCC isn't applied to a foreign bank card?) regardless if you're using debit or credit card?

If that's the case, Malaysia considered very good already? 

So Malaysia's Bank Negara forces Malaysian merchants here to absorb the card network charges (where applicable), but that doesn't happen in other countries?
You're saying that some other countries will still charge a few % of fees (could be network fee or mark-up fee even when DCC isn't applied to a foreign bank card?) regardless if you're using debit or credit card?

If that's the case, Malaysia considered very good already? 

Another factor that our merchant is more willing to absorb is also due to BNM implementing PCRF which significantly reducing the interchange fee.

So as daily interest added to the pocket, can I take them out and leave it at 25k each, or I can't touch it at all?

you can't partially withdraw as the only option would be closing the pocket

Thanks for the detailed reply.

So I assume the daily interest is compounded, while the additional 2% that pay out at the final of the tenure is not compounded?

So I assume the daily interest is compounded, while the additional 2% that pay out at the final of the tenure is not compounded?

does the 3 months bonus pocket seem like a 2% p.a. multiplied by 2 for the 'hibah'?

May I check if it’s worthwhile to use the GX card to pay for overseas hotel accommodations? I usually use credit card to book via Agoda, but I noticed that booking directly thru the hotel’s official website gives a lower rate. I haven’t gone through the T&C yet, would like to ask:

1) Will there be any additional charges if I book and make the partial payment (30% deposit) using the GX card thru the hotel’s website?
GX ZERO markups on exchange rates and ZERO hidden fees on overseas transactions. therefore, definitely its much better compared to CC

2) As long as there is sufficient balance in my GX account, I can use up the money or is there any limit? I can find transfer & QR limit in my account, does this apply to the physical card as well?
Its all your money, there is no limit but of course you cannot use more than what you have in there.

3) Since I also need to withdraw cash for the trip + using the card for payment whenever possible, just unsure if it’s a good idea to use the GX card to pay for the hotel stay (cost quite a bit).
Unlimited 1% cashback. Get cashback when you pay in-store with your GX Card overseas. But not sure is there a validity for this.

Any insights would be greatly appreciated.