For many who are unfamiliar, GXBank is a digital bank set up in Malaysia back in 2023 to reinvent the financial industry. Being the first to obtain the green light to commence operations from Minister of Finance and Bank Negara Malaysia (BNM), GXBank is now up and running, ready to serve Malaysians, especially those who are unserved and underserved.
GXBank now offers an exclusive 5% p.a. daily interest
Leveraging on technology and advanced innovation, GXBank is a digital-only bank that helps support not only the unserved and underserved individuals, but also the small to medium enterprises. With that said, GXBank will be supporting their customers’ needs through various channels, which includes a bank app and 24/7 customer support.
In conjunction with Hari Raya, the Grab-led digital bank has come up with an exclusive 5% p.a. daily interest rate with saving pockets! However, it’s worth noting that the daily interest rate is only available for a period of time, from April 10 to May 9, 2024.
On top of that, users can also enjoy:
- A 3% p.a. daily interest rate on their main accounts
- No minimum balance required
- No lock in periods, withdraw anytime
- No fees whatsoever
Further emphasizing on its reliability, GXBank reveals that they possess a digital bank license issued by Bank Negara Malaysia. In addition to that, as a member of Perbadanan Insurans Deposit Malaysia (PIDM), deposits with them are protected up to RM250,000 for each depositor.
Taking only 4 minutes to sign up, feel free to download their app and give it a try!
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Also read: 5 highlights from Budget 2024 that would impact Malaysians the most