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

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.

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.

Easy! If you aren’t a GXS FlexiLoan customer, download the GXS app and click “Sign Up” to apply for a GXS FlexiLoan.

Next, you’ll need to:

• Draw a single loan of minimum S$3,000; and
• Select a loan tenure of minimum 6 months.
• The loan must be drawn between 3 April 2024 and 30 June 2024.

You’ll also need to ensure that your loan is still active and you have not prepaid more than 50% of your loan by 17 July 2024.

Only new GXS FlexiLoan customers will get to enjoy the S$50 Grab voucher. The S$50 Grab vouchers will be limited to the first 1,000 eligible new GXS FlexiLoan customers each month from April to June 2024.

If you already have a GXS FlexiLoan account, you will still be able to participate in the lucky draw as long as you meet the above eligibility criteria.

The lucky draw will be conducted on 6 May 2024, 5 June 2024 and 3 July 2024 between 10am to 6pm in the presence of external auditors at our office located at 3 Media Close, #09-00, Singapore 138498.

There will be 29 winners in total, where 9 winners will be drawn at random each in April and May 2024, and 11 winners will be drawn at random in June 2024. Winners will receive prizes across 3 prize categories – Travel, Home and Tech.

For the full list of prizes, please click here.

Winners will receive official communication from GXS within 7 days from the relevant draw dates of 6 May 2024, 5 June 2024 and 3 July 2024 in the form of emails and/ or push notifications informing them that they have won. Winners may also receive a follow-up call from our customer support. Your full name and partially masked NRIC number will also be published on our website within 7 days from the relevant draw dates mentioned.

You will receive your lucky draw prize and/or voucher or be provided with information on how to claim or redeem your lucky draw prize and/or voucher by 31 July 2024.


The S$50 Grab voucher will be sent to your GXS registered email address in the form of an alphanumeric code. Please refer to https://www.gxs.com.sg/flexipromofaq to learn how to redeem your Grab voucher.  

Lucky draw winners will receive instructions from the Bank on how to claim or redeem their prizes via their GXS registered email address.