GXS Savings Account & Boost Pocket Overview

Key Features

• Daily Interest: GXS Savings Account credits interest daily, allowing for daily compound interest.
• No Fees or Hoops: No hidden fees or minimum balance required.
• Unlimited Instant Cashback: Available with GXS Debit Card for transactions over $10.
• Integration with Apps: Seamless payments via Grab and Singtel Dash apps.

Account Types

Main Account

• Designed for everyday spending.
• Interest: 2.38% p.a., credited daily.
• Cashback: Unlimited instant cashback with $10+ spend on GXS Debit Card.
• Payments: Link to apps for easy payments.

Boost Pocket

• Ideal for storing spare cash.
• Base Interest: 2.08% p.a., credited daily.
• Bonus Interest:
  • 0.4% p.a. for 1-month maturity.
  • 0.5% p.a. for 3-month maturity.
• Total Interest:
  • 2.48% p.a. for 1-month tenure.
  • 2.58% p.a. for 3-month tenure.
• Penalties: No withdrawal penalties.
• Limits: Open up to 2 Boost Pockets, S$60,000 maximum total.

Saving Pockets

• Suited for specific saving goals.
• Interest: 2.68% p.a., credited daily.
• Limits: Open up to 8 Saving Pockets.

Rewards and Promotions

• Sign-up Bonus: Earn S$10 cashback by signing up and transacting by specific dates.
• Ongoing Cashback: Earn up to S$60 cashback through eligible transactions between 1 Sep - 30 Nov 2024.
• Grab Rewards: 5% back in GrabRewards points on Grab app transactions.
• Singtel Offer: S$2 off worldwide roaming.

Additional Benefits

• Points System: 1.2X points on Grab and Singtel Dash apps.
• Security: Transactions protected with GXS Bank passcode.

How to Get Started

• Application: Easy sign-up through the GXS Bank app.
• Minimum Deposit for Offers: S$5,000 for savings, S$200 spend on debit card, S$10,000 for FlexiLoan.

This guide provides a detailed overview of the GXS Savings Account options and associated benefits, including interest rates, account types, and promotional offers, to effectively manage and maximize your savings.