GXBank is one of the first digital banks in Malaysia. Since its announcement until August, 750,000 registered users have been recorded. It supports DuitNow and also 1% cashback with their Visa physical debit card. Most recently, GXBank launched its own money loan plan, FlexiCredit.
FlexiCredit promises a money loan process that is easy to pass compared to traditional banks in Malaysia. According to GXBank, all applications are also from within the application and there are no forms to be filled. Then after the application is passed, the loan money will be directly deposited into the user's GXBank account immediately.
For the refund, GXBank still does not explain the interest payment that will be charged other than only telling users that they only need to pay interest on the amount used only. Loan repayments also have no additional charges if they are all settled earlier than the promised date.
For now, the only application method is by invitation through the GXBank application. Those invited will be placed on a waiting list without any guarantee that FlexiCredit can be used. Let's all look forward to more information about FlexiCredit from GXBank.