GXS to revise interest rates on savings account, bringing it close to the level of digital bank peers

GXS Bank currently offers 3.48 per cent per annum on up to eight “saving pockets” that its customers can create within their savings accounts. But from Aug 17, the rate will drop to 2.68 per cent per annum. PHOTO: BT FILE
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SINGAPORE - The interest rates GXS Bank is offering on its flagship savings account will be close to the level of its digital bank peers MariBank and Trust Bank from Thursday.

The digital lender backed by Grab and Singtel is currently offering 3.48 per cent per annum on up to eight “saving pockets” that its customers can create within their savings accounts.

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