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GXS Bank launches interest rate boosting feature for savings

Cherlyn Yeoh
Cherlyn Yeoh • 2 min read
GXS Bank launches interest rate boosting feature for savings
GXS bank is offering a special boost pocket interest rate of up to 3.48% per annum for its first tranche. Photo: GXS Bank
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GXS Bank has launched Boost Pocket, a feature within the GXS savings account that boosts the interest rate that customers can earn on their savings.

The Boost Pocket has a base interest rate, which is credited daily. It also carries a bonus interest which applies to Boost Pockets that are held until the end of tenure and is credited on its completion.

The base and bonus interest rates undergo regular review by the bank and may change. However, existing Boost Pockets will not be affected as the prevailing base and bonus interest rates are maintained for the entirety of the customer’s chosen tenure.

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