Have you signed up for GXS savings account?
GXS is the digital bank baby of $Grab Holdings(GRAB)$ and $SINGTEL(Z74.SI)$ . Recently, it has increased it's deposit cap up to S$75,000 and what excites me the most is the attractive no-frills savings interest rate of 3.48%. Yes, no minimum balance requirements, no lock-in period for GXS savings account.
Kudos to Grab and SingTel for launching such a user friendly banking app that allows sign ups to be completed in less than 3 minutes. Furthermore, basic functionalities such as top up and withdrawals are super easy to use. Truly a seamless digital banking experience.
With this attractive savings interest rate along with the customer friendly UI, I believe customer acquisition and fresh funds inflow will move in the right direction for GXS. This will definitely give them an edge over the incumbents - DBS, OCBC, UOB.
As an investor in SingTel, I am excited for what's to come as the blue chip company diversifies more into the financial space - where all the money is!
@MillionaireTiger @TigerStars @Daily_Discussion @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Not yet. How to register？
Anyone sign up? Are you all registered?
Summer time in Southeast Asia, service industry currently have increased, use of the services of Grab are also increasing.