Home›Investment›GX Bank Review Malaysia

GX Bank · BNM Licensed · Honest Review 2026

GX Bank Review Malaysia 2026

Item: GX Bank Malaysia
Rating: 4.2
Author: Calculator Malaysia

Bonus Pocket 3.55% p.a. · FlexiCredit up to RM150k · PIDM-insured · Grab & Singtel JV

Our Verdict

4.2 / 5 — Best Digital Bank for Savings + Credit in Malaysia

GX Bank offers one of the highest savings rates among BNM-licensed digital banks (3.55% Bonus Pocket), instant FlexiCredit approval, and no monthly fees. Referral code OOIY691 unlocks up to RM225 in cash rewards.

4.2★

Savings Rate

3.55% p.a.

Regulated by

BNM Malaysia

Deposit Insurance

PIDM RM250k

GX Bank 2026 — At a Glance

Bonus Pocket Rate

Up to 3.55% p.a.

FlexiCredit Limit

Up to RM150,000

Biz FlexiLoan

Up to RM150,000

Referral Code

OOIY691

Referral Bonus

Up to RM225

Deposit Insurance

PIDM up to RM250k

GX Bank Referral Code — Up to RM225

Enter code at registration. Rewards credited after eligible product activation. T&Cs apply.

Full GX Bank referral code guide →

What is GX Bank?

GX Bank Berhad is Malaysia’s BNM-licensed digital bank, backed by Grab (Southeast Asia’s largest tech platform) and Singtel (Singapore’s largest telco). It is one of only five digital banks approved by Bank Negara Malaysia.

Unlike neobanks operating under e-money licences, GX Bank is a full commercial bank — meaning deposits are PIDM-insured up to RM250,000, the same protection as Maybank, CIMB, or Public Bank.

Key distinction

GX Bank is NOT an e-wallet — it is a licensed bank with full PIDM deposit insurance. Your money is as safe here as in any major Malaysian bank.

GX Bank Pros & Cons

✅ Pros

+Bonus Pocket 3.55% p.a. — beats most traditional savings
+FlexiCredit: instant personal credit up to RM150k
+Biz FlexiLoan: business credit up to RM150k
+PIDM-insured up to RM250,000
+No monthly account fee
+Fast onboarding — fully digital, done in minutes
+Backed by Grab + Singtel — strong institutional backers

⚠️ Cons

−No debit card for overseas spending (as of 2025)
−Loan approval subject to credit assessment
−Fewer product offerings vs traditional banks
−No joint accounts or fixed deposits yet
−Relatively new — limited branch/ATM network

GX Bank vs Other Digital Banks Malaysia 2026

Bank	Savings Rate	PIDM?	Credit Line
GX Bank	3.55% (Bonus Pocket)	✅ Yes	FlexiCredit RM150k
Ryt Bank	Up to 4.0% p.a.	✅ Yes	—
AEON Bank	Up to 3.80% p.a.	✅ Yes	—
Maya Bank	Up to 3.88% p.a.	✅ Yes	Flexi Loan
Maybank SaveUp	Up to 3.25% p.a.	✅ Yes	Overdraft
CIMB eSavings	2.50% p.a.	✅ Yes	Overdraft

Rates as of 2026. Check each bank’s app for current promotional rates — they change frequently.

How to Sign Up for GX Bank & Claim RM225

Download GX Bank App

Search 'GX Bank' on Google Play or App Store. It is the official app by GX Bank Berhad.

Enter Referral Code OOIY691

At registration, enter referral code OOIY691. This links you to the reward programme.

Complete eKYC

Upload your MyKad, take a selfie for face verification. Approval is typically instant.

Apply for FlexiCredit (RM100)

Navigate to FlexiCredit in the app and apply. Once approved, make a withdrawal from your credit limit to trigger the RM100 reward.

Apply for Biz FlexiLoan (RM125)

Apply for Biz FlexiLoan separately. Make a withdrawal from the approved business credit limit to claim RM125.

Sehingga RM225 Ganjaran — GX Bank FlexiCredit & Biz FlexiLoan

RM225

Had kredit peribadi & perniagaan sehingga RM150,000. Kelulusan dalam minit.

💼RM100 — Mohon FlexiCredit & keluarkan dari had kredit peribadi

🏢RM125 — Mohon Biz FlexiLoan & keluarkan dari had kredit perniagaan

Kod Rujukan:OOIY691

💼 FlexiCredit Peribadi (RM100) →🏢 Biz FlexiLoan (RM125) →

Frequently Asked Questions

Is GX Bank safe and licensed in Malaysia?↓

Yes — GX Bank Berhad is fully licensed by Bank Negara Malaysia (BNM) as a digital bank. It is backed by Grab and Singtel. Deposits are insured by PIDM (Perbadanan Insurans Deposit Malaysia) up to RM250,000. GX Bank is one of only five BNM-approved digital banks in Malaysia.

What is the GX Bank referral code for 2026?↓

The GX Bank referral code for 2026 is OOIY691. Enter this code when signing up for a new GX Bank account to qualify for up to RM225 in rewards — RM100 when you apply for FlexiCredit and withdraw from the credit limit, and RM125 when you apply for Biz FlexiLoan and withdraw from the business credit limit.

What is GX Bank Bonus Pocket and what rate does it offer?↓

GX Bank Bonus Pocket is a high-yield savings feature inside the GX Bank app that offers up to 3.55% p.a. — higher than most conventional bank savings accounts (typically 0.5–2%). It is PIDM-insured, meaning your deposits are protected up to RM250,000. No lock-in period — you can withdraw anytime.

GX Bank vs MayBank vs other digital banks — which is best?↓

GX Bank stands out for: (1) Bonus Pocket 3.55% — beats most traditional bank savings rates. (2) FlexiCredit instant credit approval. (3) No monthly fees. vs Maya Bank: Maya offers 3.88% but has fewer credit products. vs Aeon Bank: similar savings rate but different credit offering. GX Bank is best if you want savings + credit access in one BNM-licensed app.

How do I claim the RM225 GX Bank referral reward?↓

To claim RM225: (1) Sign up for GX Bank with referral code OOIY691. (2) Apply for FlexiCredit — once approved, make a withdrawal from your credit limit to receive RM100. (3) Apply for Biz FlexiLoan — once approved, make a withdrawal from your business credit limit to receive RM125. Both products can be applied separately. T&Cs apply.

What is GX Bank FlexiCredit and what is the interest rate?↓

GX Bank FlexiCredit is a revolving personal credit line of up to RM150,000. You only pay interest on the amount you draw down. Approval is fast — typically within minutes via the app. It functions like a personal overdraft: draw what you need, repay anytime. Interest rate varies based on your credit profile — check the app for your personalised rate.

📈 moomooSC Malaysia Licensed · No.1 Trading App

RM500/Month for 30 Years = RM1.13M — via S&P 500 at 10% p.a.

Plus up to RM1,800 in new user rewards. SC Malaysia licensed. Invest in US, HK & Bursa stocks from one app.

Monthly DCA growth at 10% p.a. (S&P 500 hist avg)

Monthly	10 yrs	20 yrs	30 yrs
RM300/mo	RM61k	RM228k	RM678k
RM500/mo	RM102k	RM380k	RM1.13M
RM531/mo	RM109k	RM404k	RM1.2M

✅SC Malaysia licensed — regulated & safe
🎁Up to RM1,800 in new user rewards on sign-up
🌍US, HK & Bursa Malaysia stocks in one app

Open moomoo Account & Claim Rewards →

*Complete deposit & first trade via this link to track rewards · T&Cs apply · RM100 coupon ≥RM1,000 deposit · AAPL stock ≥RM30,000 deposit.

GX Bank Referral Code Guide

Full guide: code OOIY691, how to claim RM225 step by step

Ryt Bank Referral Code

Code BRVRG — earn up to 4.0% p.a.

AEON Bank Referral Code

Digital bank by AEON — earn bonus savings rate

Investment Hub Malaysia

ASB, gold, EPF, REIT calculators & platform reviews