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

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touristking
post Aug 16 2024, 10:10 AM

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Recently I used GX card overseas. Without any doubt, this is presently the best card to use, even better than W*se
touristking
post Aug 17 2024, 09:06 AM

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QUOTE(Wolgie @ Aug 16 2024, 03:15 AM)
better exchange rate?
also got 1% cashback for anythings?
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The best I know of.

touristking
post Aug 18 2024, 04:56 PM

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QUOTE(hightechgadgets8 @ Aug 17 2024, 06:26 AM)
gx got 1%*, wise dont have
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Your experience?

Just came back from overseas and what you said is not correct. I think GX still in promotional phase so nothing can beat GX for the time being.

GX charge you 0.xx% but gives you 1% rebate. Can make some money ohmy.gif

touristking
post Aug 18 2024, 05:06 PM

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QUOTE(!@#$%^ @ Aug 18 2024, 10:03 AM)
my experience gx follow the exact same rate as mastercard page
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In my case, just a fraction of 1 % above xe.com for Europe. Last month. Where did you use yours?

This post has been edited by touristking: Aug 18 2024, 05:07 PM
touristking
post Aug 20 2024, 03:13 PM

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QUOTE(poooky @ Aug 19 2024, 06:51 AM)
Did you need to call CS or do anything to activate overseas spending?

I'm planning to keep ~RM10k inside for 2 week Europe trip. Will carry some small amount of cash just incase, but will mainly be using the card
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Europe. You hardly need to use cash. Can't say about other countries. Either not widely accepted or extremely poor exchange rates.



touristking
post Aug 31 2024, 01:11 PM

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QUOTE(Steve78 @ Aug 30 2024, 08:24 PM)
GXBank debit card is a Mastercard, meaning it uses the Mastercard exchange rate, which offers the best exchange rate compared to Amex and Visa.

XE shows the mid-market rate, which isn't the actual rate available through any payment method.
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And FX is a dynamic thing. Up and down is common.

I have compared Wise and GX when I'm in Europe only a few weeks ago, Wise beats bank's card. GX beats Wise.

I'm countries with super high inflation, Visa and MC works differently. Not sure which is better
touristking
post Sep 10 2024, 10:11 AM

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QUOTE(wacko_joy @ Sep 9 2024, 01:02 PM)
Thank you so much for your confirmation. I just done an online purchase.

So far my experience with GX is still ok.
Instant cash back eventho is just 1% but is applicable ALMOST all type of transactions!
Few cents also I sapu for parking n tol  biggrin.gif
Helpdesk is not robot. Two types of helpdesk - chat with REAL human or call.

Will continue use GX as long they provide cashback. 3% daily interest is a bonus for me.
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Their human chat is very good. That alone is worth using GX. Ask some obscure question and can still give you the answer.
touristking
post Sep 11 2024, 10:33 AM

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QUOTE(#Victor @ Sep 10 2024, 07:32 PM)
anyone experience using GX Card linked with Alipay where it keep failed to make payment randomly? GX CS suggested to delete and link the card again each time when want to use with Alipay / WeChat Pay. Besides that, it is rather slow using with Alipay / WeChat compare with other banks cards where it required to approve the transaction in GXsecure. The pro is competitive foreign exchange rate but is not reliable when want to use for payment
Probably because GX is new. Some online payment site will show all the other Malaysian bank but not GX. Probably same problem here with your Alipay

As for exchange rate, it is the best so far. No need to consider any other.


touristking
post Sep 11 2024, 02:19 PM

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QUOTE(wjleong15 @ Sep 11 2024, 05:45 AM)
Careful to check gxbank scheduled transfer
they sent me email on satuday for my sunday transfer
but they did not transfer on sunday
and other than the email they sent me
no any record in their system or my account for that transfer
and they refused to bear the responsibility on late payment and interest incurred by the card issuer
very disappointed with gxbank on this matter
never had this issue before with aeon bank before
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Similar thing has happened to me with a big well established international bank. Embarrassed me when the receiver did not get the money. Complain like hell but no answer.

touristking
post Sep 12 2024, 06:31 AM

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QUOTE(wjleong15 @ Sep 11 2024, 11:59 AM)
Ya my fault I din check
Last time sc same failed but they inform in app secured message (but no app notification)
But luckily I noticed so no issue
This one really disappointed they said no scheduled record at all
So I screwed the cs
Email screenshot + forward back to them
Reported to bnm hope bnm can penalize them cause no record mean a really big issue cause digital bank no black and white on paper
Today they can say no record in system tomorrow they can say to anybody no such account cause no record found
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That was a decade ago and don't think there are apps then or popular then. Still quite traditional.

touristking
post Sep 27 2024, 07:52 AM

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Some payment sites with drop down list of banks, GX isn't even listed.

touristking
post Sep 27 2024, 09:36 AM

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QUOTE(buffa @ Sep 27 2024, 02:29 AM)
Cause there is no way to login gxbank through browser?
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Some site, GX isn't supported.

touristking
post Oct 15 2024, 11:10 AM

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QUOTE(chong6998 @ Oct 14 2024, 04:03 PM)
Some shop only accept cash btw, need some cash

exchange rate better than money charger
Use gx card to reload to grabpay to pay qr, this don't hav cashback
Or use gx card directly pay shop, this hav cashback
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You mean, can use Malaysia Grabpay at Singapore hawker stalls?

touristking
post Oct 16 2024, 11:38 AM

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QUOTE(chong6998 @ Oct 15 2024, 02:23 PM)
Yes, grab Malaysia ll change to grab wallet sg when u r there
Reload grabpay sg wallet using Malaysia gx card
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That is good to know. thanks
touristking
post Nov 18 2024, 04:55 PM

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QUOTE(xkaizoku @ Nov 17 2024, 02:18 PM)
is there something wrong with the GX bank debit card?

Paywave transactions keeps getting declined, online transactions also failed.

bank account got money, details all correct. Online and contactless transactions enabled, limit not exceeded.

Also, noticed the virtual card in the GX app will not show my card details. Nothing happens after i enter my pin.
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I was overseas and GX works fine until one day, suddenly stopped working.

Send a request to GX and after a week, they came back to say maintainence.

So, don't ever depend on 1 card.

touristking
post Nov 19 2024, 11:29 AM

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QUOTE(nexona88 @ Nov 18 2024, 10:16 AM)
Card or bank account

Never ever depends on only 1...

Always have backups if there's emergency situation where u need one...
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ya. That is why I always carry more than 1 card and make sure from different bank and make sure one is Visa and the other MC.

What I would like to highlight was, it took GX more than a week to give me explanation. That is too long a wait.

touristking
post Feb 6 2025, 09:21 PM

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QUOTE(magika @ Feb 6 2025, 06:36 AM)
Gxbank for overseas use with 1%Β  cashback is quite good. Plus cashback the rates are better than Wise. ATM cash withdrawal should be for emergency use only as most local banks overseas charge atm withdrawal fees with some exception of course. During holidays trying to search for a specific atm is a hassle.Β  Due to using Gxbank for cashback, I am left with RM6000 worth of yen afterΒ  my family holiday trip recently.
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sometimes, GX cash back amount is more than the Visa/MC conversion amount.

Best to bring both GX and Wise. At one time, for a couple of day, my GX doesn't work. Query to GX and they promised to check and come back but never did. May be system down or whatever and that can happen to any bank.

This post has been edited by touristking: Feb 6 2025, 09:23 PM
touristking
post Dec 6 2025, 04:53 PM

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Sorry for asking. Can't follow all these pocket this or bonus that. Just put money into GX bank, how much is the interest now? Thanks

 

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