Free RM100*Digital bank vs investment platform. GXBank Bonus Pocket 3.55% p.a. (PIDM) vs Moomoo Cash Plus up to 5% p.a. + Bursa/US stocks. Which is right for you?
They serve DIFFERENT purposes — most Malaysians use both.
GXBank = digital bank (savings, BNPL, licensed by BNM). Moomoo = investment platform (stocks, ETFs, cash management, licensed by SC). GXBank and Moomoo even have a partnership promotion for new users.
| Feature | GXBank | Moomoo MY |
|---|---|---|
| License | BNM (digital bank) | SC Malaysia |
| Deposit protection | PIDM up to RM250,000 | CMC Fund up to RM100,000 |
| Best savings rate | 3.55% p.a. (6-month Bonus Pocket) | Up to 5% p.a. (Cash Plus) |
| Base savings rate | 2.00% p.a. | ~3.5–4% p.a. |
| Lock-in period | 3 or 6 months (Bonus Pocket) | None (instant redemption) |
| Stocks & ETFs | ❌ | ✅ (Bursa, US, HK, SG, CN) |
| BNPL / GX Credit | ✅ | ❌ |
| Min balance | RM0 | RM0 |
| Commission (stocks) | N/A | 0% (first 180 days) |
| Partnership promo | ✅ GXBank × Moomoo | ✅ Moomoo × GXBank |
Rates and promotions may change. Verify current rates on each platform before depositing. Data as of 2026.
GXBank Bonus Pocket is a fixed-term savings feature — your money earns a higher rate in exchange for locking it for 3 or 6 months.
| Tenure | Rate p.a. | Lock-in | PIDM Protected |
|---|---|---|---|
| Base Savings | 2.00% | None | ✅ |
| Bonus Pocket (3-month) | 3.18% | 3 months | ✅ |
| Bonus Pocket (6-month) | 3.55% | 6 months | ✅ |
Rates as of 2026. Verify current rates at gxbank.my before depositing.
Moomoo Cash Plus places your idle cash in licensed money market funds (MMF). The rate is market-linked and fluctuates — typically 3.5–5% p.a. depending on OPR and the underlying funds.
Verdict
Use GXBank for your emergency fund (PIDM protected, BNM-licensed, peace of mind). Use Moomoo Cash Plus for idle investment cash (higher yield up to 5%, no lock-in, SC-licensed). Both are legitimate — many Malaysians use both and benefit from the GXBank × Moomoo joint promotion.
Had kredit peribadi & perniagaan sehingga RM150,000. Kelulusan dalam minit.
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 |
*Complete deposit & first trade via this link to track rewards · T&Cs apply · RM100 coupon ≥RM1,000 deposit · AAPL stock ≥RM30,000 deposit.
