Is the GXS Savings Account SDIC-insured?

Yes. The GXS Savings Account is SDIC-insured up to S$100,000 per depositor per member bank.

GXS Savings Account

Q: What is the interest rate on the GXS Savings Account?

The GXS Savings Account pays a base rate of 0.88% p.a., up to 1.6% p.a. with bonus tiers. Main Account 0.88% p.a. (daily interest); Saving Pockets 1.08% p.a. (up to 8 pockets, no lock-in); Boost Pockets up to 1.60% p.a. (0.88% base credited daily + bonus up to 0.72% p.a. on maturity for tenures of 1/3/4/8/12 months; up to 5 Boost Pockets). Rates effective 17 March 2026 (Main Account cut from 1.08% to 0.88%, Saving Pockets from 1.18% to 1.08%). No salary/card/bill requirements. Verified 4 Sept 2026 against the official GXS Bank Savings Account website.

GXS Bank Savings Account · Singapore · Verified 4 Sept 2026

BASE RATE

0.88% p.a.

MAX RATE (ALL TIERS)

1.6% p.a.

BALANCE CAP

S$95,000 (total deposit limit per account)

■ BONUS TIER REQUIREMENTS

Salary credit NOT REQUIRED

Card spend NOT REQUIRED

Bill payments (GIRO) NOT REQUIRED

Insurance / investments via bank NOT REQUIRED

SDIC insured YES — S$100,000 per depositor per member bank

Minimum balance none (no minimum balance)

Monthly fee none (no fees)

HOW THE RATE WORKS

Main Account 0.88% p.a. (daily interest); Saving Pockets 1.08% p.a. (up to 8 pockets, no lock-in); Boost Pockets up to 1.60% p.a. (0.88% base credited daily + bonus up to 0.72% p.a. on maturity for tenures of 1/3/4/8/12 months; up to 5 Boost Pockets). Rates effective 17 March 2026 (Main Account cut from 1.08% to 0.88%, Saving Pockets from 1.18% to 1.08%). No salary/card/bill requirements.

SOURCE

https://www.gxs.com.sg/savings-account

GXS Bank official savings account page (Main 0.88%, Saving Pockets 1.08%, Boost Pockets up to 1.6%, S$95,000 limit, no min balance/fees) + gxs.com.sg/notices (12 Feb 2026 notice: rates adjusted from 17 March 2026)

Verified 4 Sept 2026. Rates change — always confirm on the official site.