FLEX
EX
A loan that fits your needs
And stretches to your goals
Enjoy low rates from
2.99%p.a.
With GXS FlexiLoan, reaching your goals is no longer a stretch, thanks to flexible repayments, no fees, and interest savings.
No Fees.
You read that right. We don’t charge annual, processing, early repayment or late fees.
Late interest is chargeable upon late repayment.
Flexible
borrowing.
Whether it's a S$200 expense or a S$10,000 idea, draw multiple loans from your credit line anytime you need.
Not ready to draw down? No worries, your credit line is on standby with no interest charged if no drawdowns are made.
The figures above are for illustration purposes only.
Flexible
repayments.
Save on interest when you repay your loan early. Forget about fees, we don't charge you for that.
You call the
shots.
With flexible repayments, choose your preferred tenure and repayment date to pay what you can, when you can.
Approved
in minutes.
Open a GXS FlexiLoan account and receive cash in minutes, no strings attached. It's that easy.
Download the app.
Get the GXS app and sign up for a GXS FlexiLoan account today. Easily view your available credit limit and interest rate.
Download nowCustomise your loan.
Enter the loan amount you'd like to draw, choose your repayment tenure (between 2 and 60 months) and select your preferred monthly repayment date.
Get cash in minutes.
Receive the funds in your preferred bank account within minutes.
READY?
Got questions?
We got answers.
The GXS FlexiLoan is a credit line you can draw multiple loans from, up to your credit limit. Apply within minutes, choose your tenure and repayment date, all within your GXS app. You can even save on interest when you repay early, with no fees charged. We don't call it a FlexiLoan for nothing!
You can apply for a GXS FlexiLoan if you are:
- Aged between 21 and 65 years old;
- A Singapore Citizen or a Singapore Permanent Resident; and
- With a minimum annual income of S$20,000
Interest is calculated on a daily, non-compounding basis. This means that interest is only charged on your outstanding GXS FlexiLoan balance of the day. So you get to enjoy interest savings if you repay early, since your outstanding GXS FlexiLoan balance has been further reduced.
Lucky you! There are zero fees involved, whether for prepayment, processing or late payment. We won't even charge you for paying early, and on top of that, you get to enjoy interest savings!
While there are no fees, you will still be charged late interest at a default rate of 18% p.a. for late payments. Simply repay early or on time to avoid this.
Your interest rate (APR and EIR) will be shared with you upon successful application along with your assigned credit limit, so that you have all the details you need to make an informed decision on whether you wish to take on the GXS FlexiLoan.
You may also find your interest rate within the GXS FlexiLoan home screen right beneath your credit limit.
Homegrown bank, backed by homegrown parents
GXS holds a bank license issued by the Monetary Authority of Singapore.
It is backed by a consortium consisting of Grab Holdings Inc., Southeast Asia’s leading super app and Singtel, Asia’s leading communications technology group.
GXS is a separate entity and is not associated with Grab Holdings, Singtel and their entities. The GXS Savings Account is provided by GXS.
