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Flat-rate vs category cashback: Which one actually suits the way Singaporeans spend?
GXS Bank is a separate entity and is not associated with the businesses of Shell, Grab Holdings, Singtel and their entities. The GXS Savings Account, GXS FlexiLoan and GXS FlexiCard are provided by GXS Bank. GXS Bank holds a banking licence and is regulated by the Monetary Authority of Singapore.
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Approval of all GXS FlexiLoan and GXS FlexiCard applications is subject to receipt of all supporting documents and further review. GXS Bank reserves the right to approve or reject your application without providing any reasons. Late interest charges/fees may apply in the event of late repayment. Your GXS FlexiLoan or GXS FlexiCard is subject to review from time to time, and may be cancelled by GXS Bank at its discretion.
At the moment, each applicant can only be eligible for one credit product under GXS Bank. In addition, if you hold a Grab PCA (Partner Cash Advance) and have drawn down on your Grab PCA at the point of submitting a GXS FlexiCard application, this may also affect the application outcome.
GXS Bank Pte. Ltd. (202005626H)
