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What are "Fresh Funds" and "Total Day End Balance" in the context of the GXS Savings Account First Boost Campaign?

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he GXS Savings Account First Boost Campaign relies on specific financial definitions to determine eligibility for the S$20 cashback.

  • Fresh Funds: These are funds not transferred from any existing GXS Savings Account components. It refers to the incremental amount in your total GXS aggregate balance over the balance held on the day prior to the start of the Campaign Period (13 April 2026). If your account is opened after 13 April, the balance held prior to the start of this Campaign will be considered as $0.

  • Total Day End Balance: This is the aggregate balance of your Main Account, all Saving Pockets, and all Boost Pockets calculated at the end of every day during the 3-month tenure.

  • SDIC Insurance: As these funds are held in a GXS Savings Account, they are insured by the SDIC for up to S$100,000.