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

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thecurious
post Nov 14 2023, 08:42 PM

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QUOTE(Barricade @ Nov 14 2023, 07:21 PM)
user posted image
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Did you register to be beta tester or to be on their waiting list?
thecurious
post Jan 7 2024, 05:03 PM

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QUOTE(shawnme @ Jan 7 2024, 04:55 PM)
Received an email in my Spam folder requesting for relationships and source of funds. Only by luck, I saw..
Confirmed with CS that the email is legit. Even so, still felt weird.. Especially with the surge of scam warnings about GX.

Not an issue as I keep proper documentation, but lack confidence. Probably because I've never had issues from other bank accounts, while all these time only wary of ewallets.
Now it feels even more of an ewallet rather than a proper bank account... Haha.. "like a crazy ex-gf", someone once mentioned.

Anyway, withdrew most of the balance until further clarification, then I'll decide.

Anyway, just my experience ... Cheers!
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They request for the info, if don't give them then they close account?

Or they just request without any objective or penalty?
thecurious
post Jan 15 2024, 11:06 AM

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QUOTE(Kopistall @ Jan 15 2024, 08:11 AM)
Grabage bank, register also can error
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What kind of error?
thecurious
post Jan 20 2024, 05:48 PM

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QUOTE(dark_axl21 @ Jan 20 2024, 02:23 PM)
Darn, 12 ringgit for the physical card.
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QUOTE(jhleo1 @ Jan 20 2024, 04:14 PM)
Huh? Last few days was free as mentioned.
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QUOTE(ericlaiys @ Jan 20 2024, 04:18 PM)
free
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Not free, is waived until December 2024.
thecurious
post Feb 21 2024, 06:24 PM

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QUOTE(CyberKewl @ Feb 21 2024, 05:58 PM)
i was thinking the same as I was doing the math. the 1% cash back definitely better. if I just go by 30 days rather than 49 days, that's worse - u get 25 cents because 3% is per annum not per month.. so the calculation is about the same anyway:

RM 100 x 3 / 12 = RM 0.25
RM 100 x 1 / 100 = RM 1

So I cannot see how paying with CC makes sense at all.
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If you compare using a basic credit card...
Usually credit cards have cashback or points though. Depending on how good the card is, it may or may not be an "obvious" choice anymore.

Anyway someone posted previously that the 1% cashback is only for this year? Not sure but enjoy it while it last anyway. A straightforward 1% cashback has its charms.

 

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