GXBank, which is a digital bank powered by Grab, is now seen to have started beta testing for their application. Through a notice on the official website, GXB stated that they are testing and improving the service, before offering it to public users.
Parallel to that, GXBank shows the application offering and what the application will bring. Through sharing the application, it shows that it will offer an interest rate of 3.% p.a, and the deposited deposits are protected by PIDM.
For starters, GXBank states that an account can be opened in less than 4 minutes, and when users deposit RM100 they will receive an additional RM20 return. In addition, users will also receive a 6-month GrabUnlimited subscription for free when linking their GXBank account to Grab.
For now, GXBank has opened registration of interest for those interested in testing it. However, from our tests, only users on iPhone can register interests to test, while users on Android can no longer access interest registration support.
Anyway, with this new development, maybe we'll see the official introduction of GXBank in open beta testing soon. For those of you who are interested, you can check the GXBank offer through the official website, or register your interest on the iPhone application. The Android application is still inactive for now.