GXS Savings Account Refer for Rewards Campaign
What is the GXS Savings Account Refer for Rewards Q4 2026 Campaign, and how does the referral work?
The campaign is named the GXS Savings Account Refer for Rewards Q4 2026 Campaign. Existing or new GXS Savings Account customers (Referrers) can share their Bank-issued referral code to invite new customers (Referees) to open a GXS Savings Account.
• When a Referee opens their first GXS Savings Account using a valid referral code and meets the campaign requirements, both the Referrer and the Referee receive S$8 in cashback.
• Each referral code can be shared and used for multiple successful referrals.
What is the Campaign Period, and is there a limit on how many customers can receive the reward?
The Campaign Period runs from 1 October 2026 to 31 December 2026, both dates inclusive.
• The reward is limited on a first-come, first-served basis while stocks last.
• It is capped at the first 5,000 Successful Referrals per calendar month during the Campaign Period (i.e., 5,000 sets of cashback per month).
Who is eligible to participate in this campaign?
You are eligible to participate as a Referrer or Referee if you are a new or existing GXS Savings Account customer during the Campaign Period.
• Customers who previously held and closed a GXS Savings Account are strictly ineligible to participate with newly opened accounts.
• Referees may be existing GXS Bank customers who hold other GXS products (e.g., GXS FlexiLoan or GXS Invest), provided they have never opened a GXS Savings Account or have not closed one in the last 6 months.
Are there any exclusions or restrictions on referral code usage?
Yes, specific rules apply to referral code entries:
• A Referee can only use a referral code once. If a Referee opens multiple accounts, it will still only count as one Successful Referral.
• If a Referee receives multiple referral codes, only the code entered first during their successful application will qualify for the reward.
• Reapplying for an account or applying after closing a GXS Savings Account within the last 6 months is excluded.
What do I need to do to qualify for the campaign cashback reward?
To complete a Successful Referral and qualify for the S$8 cashback, the Referee must fulfill the Fresh Funds Requirement during the same calendar month of their successful account opening.
• The Referee must make a minimum deposit of S$500 in Fresh Funds into their new GXS Savings Account.
• This deposit must be completed in a single transaction.
Example:
If a Referrer shares their code with a new customer on 10 October 2026, and the Referee opens their GXS Savings Account and deposits S$500 of Fresh Funds in one single transaction on 12 October 2026, it counts as 1 Successful Referral. Both the Referrer and the Referee will receive S$8 in cashback.
When and how will I receive my cashback reward?
Cashback will be credited directly into your GXS Savings Account.
• For Referrers, total aggregated Referral Cashback earned in a month will be credited by the end of the following calendar month.
• For Referees, the S$8 Bonus Cashback will be credited by the end of the following calendar month after completing the referral requirements.
• Both Referrer and Referee accounts must remain active and in good standing throughout the Campaign Period until cashback is credited.
Under what conditions will my cashback reward be forfeited or recovered?
Your cashback will be forfeited if your GXS Savings Account is closed prior to the crediting date.
• The Bank reserves the right to claw back already-credited cashback (or deduct the equivalent value) if it determines that campaign terms were breached or criteria were not met.
• Rewards are non-transferable, non-assignable, and cannot be exchanged for other items.
What are "Fresh Funds" and how are they measured for this campaign?
Fresh Funds are funds deposited into GXS Bank that do not originate from any existing GXS Savings Account (including Main Account, Saving Pockets, or Boost Pockets).
• They are measured as the net incremental amount in your total aggregated GXS Savings Account balance compared to the aggregated day-end balance on the day prior to the start of the Campaign Period (30 September 2026).
Example:
If a Referee had S$0 in GXS Bank on 30 September 2026 and deposits S$500 from an external bank account on 5 October 2026, their Fresh Funds amount is S$500 (S$500 - S$0 = S$500), satisfying the campaign requirement.
Are my savings in the GXS Savings Account insured?
Yes, Singapore dollar deposits in your GXS Savings Account (including Main Account, Saving Pockets, and Boost Pockets) are insured up to S$100,000 in aggregate per depositor by the Singapore Deposit Insurance Corporation (SDIC).