Sign up for GxS account using referral code
Enjoy up to S$20 cashback when you deposit a minimum of S$5,000 into a 3-month Boost Pocket named “First Boost” with GXS Bank. This limited-time promotion is valid until 30 June 2026. With a GXS Savings Account, you can earn daily interest on your savings while enjoying SDIC insurance coverage of up to S$100,000. Users can also benefit from the GXS Debit Card for instant cashback on eligible spending, GXS FlexiLoan for flexible borrowing with transparent pricing, and GXS FlexiCard which comes with no interest charges and no minimum income requirement. After signing up, you can also share your own referral code and earn S$8 for every eligible friend successfully referred, subject to GXS referral terms and conditions.
What is GxS?
GXS Bank is a digital bank in Singapore backed by Grab and Singtel. It is licensed by the Monetary Authority of Singapore (MAS).
Unlike traditional banks, GXS focuses on a fully digital banking experience with:
- No branch visits
- No paperwork
- No minimum balance
- No fall-below fees
The GXS Savings Account is designed to make saving simple and flexible for Singapore users.
Why Singaporeans Are Using GXS Savings Account
1. Daily Interest Crediting
One of the biggest advantages of GXS is that interest is credited daily instead of monthly.
This allows users to see their savings grow every single day.
2. No Salary Crediting Required
Unlike many traditional savings accounts in Singapore, GXS does not require:
- Salary crediting
- Credit card spending
- GIRO transactions
- Minimum monthly spend
This makes GXS one of the easiest savings accounts to maintain.
3. No Minimum Balance
You do not need to maintain a minimum balance.
There are also:
- No fall-below fees
- No monthly account fees
- No hidden charges
4. Saving Pockets Feature
GXS allows users to create multiple Saving Pockets for different goals such as:
- Emergency funds
- Holiday savings
- Investment funds
- Wedding savings
- Daily expenses
This helps users organise their money more effectively.
5. Boost Pocket Promotional Interest
GXS occasionally offers higher promotional interest rates through Boost Pocket campaigns.
Depending on the promotion, users may enjoy:
- Higher interest rates
- Flexible tenures
- Short-term savings options
Frequently Asked Questions (FAQ)
Is GXS Savings Account free?
Yes. There are:
- No account fees
- No minimum balance requirements
- No fall-below fees
Does GXS require salary crediting?
No. GXS does not require salary crediting to earn base interest.
Can foreigners open a GXS account?
Eligibility requirements may vary. Check the official GXS website for the latest criteria.
How long does GXS account approval take?
Most users can complete account opening relatively quickly through Singpass verification.
