GXBank launches a 5% p.a. deposit interest discount, which is limited to the first RM5,000 deposit.
According to information on the GXBank official website, as long as users deposit money into Saving Pockets in the GXBank APP, they can enjoy 5% deposit interest. This offer is limited to the first RM5,000 deposit per user.
Notice! The offer is valid from April 10 to May 9, 2024. Users need to deposit money into Saving Pockets to enjoy 5% deposit interest. If the user only deposits money in the Main Account, he or she can only enjoy 3% deposit interest.
Saving Pockets is a function launched by GXBank that allows users to set goals to save. Users can only transfer funds to Saving Pockets from their main account, but cannot directly transfer funds to Saving Pockets from other bank accounts. The purpose of Saving Pockets is to allow users to set goals to achieve, such as saving for travel expenses, education expenses, buying a car or a house, etc.
There is no Lock-in Period for deposits in Saving Pockets. Users can transfer funds at any time, and there is no minimum deposit amount.
It should be noted that GXBank provides a deposit interest of 5% p.a. (annual interest rate), not 5% per month.
Taking a deposit of RM5,000 as an example, under the preferential interest rate of 5% p.a., the deposit interest this user can enjoy after depositing for 30 days is RM20.83.
RM5,000 X 5% = RM250
RM250 / 12 = RM20.83
