x In an email dated 11th January 2025, GXS announced that it was
revising interest rates. From 11th February 2025, GXS Savings Account rates will go down to as low as 2.08% p.a.
Reduced Rates
Rates are going down by 0.3% p.a. across the board except for Boost Pocket:
| Account Type |
Old Rate |
New Rate |
| Main Account |
2.38% p.a. |
2.08% p.a. |
| Savings Pocket |
2.68% p.a. |
2.38% p.a. |
Savings Pockets are like a sub-account within your GXS app that you can withdraw anytime, so there is very little reason to use the Main Account. If you are using GXS, you should transfer your funds to the Savings Pockets if you want liquidity, or to the Boost Pocket if you are okay to set it aside for 1 to 3 months.
Boost Pocket currently offering up to 2.98% p.a.
In its email, GXS states that Boost Pocket “continues to earn up to 2.98% p.a.” Boost Pocket works like a fixed deposit and subscribers can enjoy the published rate when they are entering into...
