GXBank‘s unlimited 1% cashback offer has just gotten better. Instead of waiting until the next day to receive your 1% cashback, the digital bank is now crediting the cashback instantly after each successful transaction.
To recap, GXBank is currently offering unlimited 1% cashback when you spend using the GXBank Mastercard Debit Card for eligible in-store and online payments. Previously, the cashback will only be credited to your bank account by the end of the next day from the settlement date of your Eligible Spend transaction.
From our observation, GXBank has started crediting 1% cashback immediately after each transaction starting from today (1st August 2024). That means if you spend RM100 with the debit card, you’ll receive RM1 immediately in your GX Bank account. The latest update not only allows GX Card users to enjoy the cashback savings instantly, but it also provides a clearer view of the earned cashback per transaction instead of receiving it as a lumpsum on a daily basis.
The unlimited 1% cashback promo is offered as part of the GX Rewards Experience campaign which runs until 5th November 2024. Take note that the cashback is not given for certain excluded transactions which include but are not limited to card issuance fees or applicable card fees, cash withdrawals, eWallet top-ups, payments to insurance or takaful and transactions or payments to AirPay Malaysia Sdn Bhd, FassPay and Codashop.
If you’re going to travel abroad, you can also enjoy competitive foreign currency exchange rates as GX Bank currently doesn’t charge FX markup fees when you spend using their debit card overseas. In case you’re wondering, you can still enjoy 1% cashback for overseas spending. Besides that, ATM withdrawal fees for both local and international ATMs are also waived by GX Bank.
Related reading
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- TNG eWallet Visa now offers 2% cashback for overseas spending
