The GXS Boost Pocket continues to attract savers in Singapore, especially now that the GXS interest rate for the 12‑month Boost Pocket has been set at a competitive 1.6% p.a., making it one of the most talked‑about digital savings options this month.

What is a GXS Boost Pocket?

The GXS Boost Pocket is a specialised savings pocket within the GXS digital banking ecosystem, designed to offer higher promotional returns compared with the standard Main Account. While the GXS Savings Account uses a pocket‑based structure to help users organise their money, the GXS Boost Pocket stands out because it provides a fixed GXS interest rate for a chosen tenure. This makes the GXS Boost Pocket behave similarly to a time deposit, but with the convenience and simplicity of a fully digital bank. With the introduction of the 12‑month GXS Boost Pocket at a fixed GXS interest rate of 1.6% p.a., savers...