GXS enters credit card arena with new cashback card
Cardholders can link their card immediately to their Grab app from within the GXS app
GXS Bank has introduced a new credit card with unlimited cashback in Singapore, targeting consumers who spend a minimum of S$500 monthly. The GXS Credit Card differs from the FlexiCard, which has a S$500 credit limit and no minimum income requirement. GXS aims to align its offerings with customer desires, such as cash rebate, while avoiding a one-size-fits-all approach.
The credit card provides up to 10 per cent rebate in GrabCoins for eligible transactions on Grab, 1.75 per cent rebate on Singtel bills, and other transactions. Customers can link their GXS Credit Card to their Grab app directly from the GXS app. This entry into the credit card market complements GXS's digital bank, leveraging the ecosystem of its parent companies, Grab and Singtel, to better serve its customers.
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