Personal Finance
Buffed: GXS Bank Increases Savings Account Limit, Get Fuss-free Daily Interest of 3.48% P.A. on up to S$75,000
By Sethisfy  •  July 19, 2023
GXS today announced via email an increase in the maximum amount of money you can have in your GXS Savings Account from a mere S$5,000 to a much more respectable S$75,000. This means that you can get GXS’s current 3.48% p.a. interest on any amount up to S$75,000 if you put them into Saving Pockets. Thanks to those who shared in the Telegram group!

Savings pockets are fully liquid

Make sure to place your funds into Savings Pockets to get the 3.48% p.a. rate. Money left in the Main Account will only get 0.08% p.a. interest. Savings Pockets are goals you can set for yourself and put money into, and the funds can be withdrawn at any time. I reviewed this feature in my video earlier this year while the savings limit was still S$5,000.
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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