Both new and existing GXS Bank customers are eligible to take part in the GXS Reno Club campaign. All you have to do is:

• Draw a GXS FlexiLoan instalment loan of at least S$15,000
• Choose a loan tenure of at least 12 months
• Name your loan “RENOCLUB”

Eligible customers will enjoy:

• 1% off your prevailing GXS FlexiLoan interest rate
• Earn 0.8% p.a. bonus interest on your GXS Savings Account
• Up to $160 off when you pay with Grab at 20+ home, furniture and appliances merchants
• Exclusive discounts with Singtel Broadband and Singtel Home Protect

Note: Benefits are capped to the first 1,000 eligible GXS Reno Club Customers every month.

For customers who do not meet the minimum S$15,000 loan amount, you may still enjoy the Grab and Singtel benefits only if you perform the following tasks:

• Take a GXS FlexiLoan of a minimum of S$5,000
• Choose a loan tenure of at least 6 months
• Name your loan “RENOCLUB”

For GXS Reno Club customers who join in April 2025, you will receive an email with details on your GXS Reno Club benefits by 9 May 2025. For customers who join in May 2025, you will receive the GXS Reno Club benefits email within 2 days.

The difference of total interest payable under your prevailing GXS FlexiLoan account interest rate and total interest payable with 1% p.a. off your prevailing interest rate will be credited back to you in the form of cashback, distributed equally across 12 months starting from your next billing month. This benefit will only be applicable to the first 12 months of your loan tenure.

For illustration: If you borrowed a GXS FlexiLoan of S$15,000 with a 12 month tenure at 5% p.a. (EIR 9.14% p.a.), your total interest payable will be S$750. After becoming a GXS Reno Club customer, your total interest payable will be S$600 instead at 4% p.a (EIR 7.33% p.a.). The difference of S$150 will be distributed equally across 12 months to you.

The cashback will be credited to your GXS Savings Account. Please ensure that you open your GXS Savings Account by the 15th of the month at the latest.

You will start earning the bonus interest on the first $20,000 of your balances automatically for 6 months in the following month after your drawdown.

For illustration: If you become a GXS Reno Club member in April 2025, you will start earning the bonus interest on the first $20,000 of your balances from May to October 2025. The first bonus interest will be credited to your Main Account in the month of June.

Upon becoming a GXS Reno Club member, you will be entitled to the following Grab and Singtel benefits–

• Up to S$160 off when you pay with Grab, consisting of–
  1. 4 x S$40 off PayLater by Grab (online) promo codes with a minimum spend of $500 per transaction;
• Exclusive discounts with Singtel Broadband and Singtel Home Protect

You will receive your Grab and Singtel benefits within the following month after you have become an eligible GXS Reno Club member.

You will receive your Grab PayLater promo codes via a push notification from Grab. They can also be found under “Add offers” when you check out at selected websites. Your Singtel redemption details will be sent to you via an email from us.

If you are experiencing issues with your Grab PayLater vouchers, you may reach out to the GrabSupport team’s live chat agents via Live Chat via the Grab app > Account > Help Centre > "Chat now".

You can use your Grab voucher at the following home, furniture, electronics and appliances merchants: Harvey Norman, PRISM+, Gain City, FortyTwo, Samsung, Dyson, Sterra, Kyson, HipVan, Omnidesk, Secretlab, Mega Discount Store, Lumos Projector, Loft Home Furniture, Steigen, Ninja Kitchen, Luxus, Raffles Paint, Audio House and Furnituremart.sg. Please check with Grab for more details.