GXBank Shares Upcoming Products Coming In H2 2024
Author Avatar

GXBank has offered a glimpse into some of the new offerings that it is set to roll out over the course of this year, which includes protection and lending products. These are on top of upcoming Hari Raya promotions, as well as programmes that are aimed at helping the underserved communities.

According to the digital bank, it expects to introduce its first non-deposit products – such as loans and insurance – sometime in the second half of 2024. The loan offerings, specifically, will be provided to both consumers as well as small and medium-sized enterprises (SMEs). Details on these will be shared in due course closer to their launches.

In the meantime, the digital bank will also be introducing a few other initiatives and promos, with the most immediate being the Raya Pocket promo, in conjunction with the upcoming Hari Raya celebrations. This promotion – which is set to run from 10 April to 9 May – will offer exclusive daily interest that you can earn when you save via GXBank’s Pocket feature.

Aside from that, GXBank is also introducing various initiatives that are focused on education for the underserved community. This is in line with its recent official launch of the Impian GIGih initiative, aimed at helping Malaysians build financial resilience, especially gig workers and individuals from the B40 segment.

The digital bank is also slated to officially roll out a referral programme within its app in April. This is a follow-up to the latest app update, in which it has now enabled support for DuitNow QR payments as well as Bahasa Malaysia for the app.

GXBank was officially made available to all Malaysians in November 2023, and is the first digital bank to begin operating in the country and has already achieved the 100,000 user milestone less than three months in operation. It also offers a debit card, which provides unlimited 1% cashback on various online and offline transactions.

5 1 vote
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Most Viewed Articles
Post Image
Banking Technology
Bank Negara Malaysia Revises Financial Product Disclosure Standards
Christina Chandra
- 25th May 2026
Bank Negara Malaysia (BNM) has revised its policy document on Product Transparency and Disclosure, setting new standards for […]
Post Image
Banking Technology
Be U By Bank Islam Is Moving To BIMB Mobile
Christina Chandra
- 26th May 2026
Bank Islam is consolidating its digital banking services under BIMB Mobile, with Be U closing on 31 July […]
Post Image
Banking Technology
RM1 Interbank ATM Withdrawal Fee Scrapped From July 1
Eloise Lau
- 16th June 2026
Starting next month, you can withdraw cash from any bank’s ATM in the country without paying the RM1 […]
Post Image
Banking Technology
alrajhi bank To End Gold-i Services From July 2026
Eloise Lau
- 4th June 2026
alrajhi bank Malaysia will discontinue all Gold-i services in all of its branches effective 1 July 2026. If […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image