1.20% Saving Pocket Promotional Rate Campaign
When is the Campaign Period for the 1.20% Saving Pocket Promotional Rate?
The Campaign Period runs from 07 September 2026 to 30 November 2026.
Who is eligible to participate in this 1.20% Saving Pocket Promotional Rate Campaign?
Both new and existing GXS Savings Account customers are eligible to participate during the Campaign Period. A new customer is one who successfully opens an account during this period, while an existing customer already holds an account.
Are there any exclusions or customers who are not allowed to participate in this Campaign?
You are excluded from participating if you previously held and closed a GXS Savings Account.
• This exclusion applies to any new GXS Savings Account that you successfully open.
• Customers with closed or blocked accounts are not eligible, and you cannot bypass this exclusion by opening a new account.
What do I need to do to qualify for the promotional interest rate?
You must maintain funds in one or more of your new or existing Saving Pockets during the Campaign Period. There are no minimum deposit, minimum spending, or specific transaction requirements to qualify for this promotional rate.
Simply maintain funds in one or more of your Saving Pocket during the Campaign Period to enjoy the total promotional rate of 1.20%. There are no minimum deposit, minimum spending, or specific transaction requirements to qualify for this promotional rate.
Is there a holding period or a requirement to keep my funds in the Saving Pockets for a specific duration?
There is no fixed holding period or penalty for early withdrawal. You will receive the promotional rate for the days you keep your funds in a Saving Pocket during the campaign. If you withdraw your funds before the end of the day, you will not earn the promotional rate for that day.
What is the promotional interest rate for my Saving Pockets under this Campaign?
You will receive a promotional interest rate of 1.20% per annum on the balance in your new and existing Saving Pockets. To receive this rate, you must maintain funds in one or more Saving Pockets during the Campaign Period.
What happens to the interest rate of Saving Pockets after the campaign ends?
After the campaign ends on 3 November 2026, the interest rate for your Saving Pocket will revert to the standard rate of 1.08% p.a. starting from 1 December 2026.
How is my promotional interest calculated, and can you provide an example?
Your promotional interest is calculated daily at a rate of 1.20% per annum on the daily balance maintained in your Saving Pockets.
Example: If you maintain a daily balance of S$10,000 in your Saving Pocket for 30 days during the campaign, your promotional interest is calculated daily. For one day, your interest is S$10,000 multiplied by 1.20% and divided by 365, which is S$0.3288. Over a 30-day period, your total earned promotional interest would be approximately S$9.86.
When and how will I receive the promotional interest?
The promotional interest is credited directly to your Saving Pockets as part of your daily interest payout. You do not have to wait for a fulfillment date or separate payout after the campaign ends. The interest is calculated daily and credited directly to the respective Saving Pockets.
Under what conditions will my promotional interest be forfeited?
Your promotional interest will not be paid if you close your GXS Savings Account before the interest is credited. In addition, you will forfeit eligibility if it is discovered that you previously held and closed a GXS Savings Account.
Can this promotion be combined with other ongoing campaigns?
This Campaign is not valid in conjunction with any other offers or campaigns unless otherwise stated.