🔥 Trending GXS Bank Launches New Credit Card with Grab and Singtel Rewards

The GXS Bank Grab Singtel credit card is a unique financial product launched by GXS Bank, designed to reward users for their spending across the Grab and Singtel ecosystems ⁶. It stands out as Singapore's first bank-issued credit card that can be applied for through a third-party application ⁶.

GXS Bank itself is a digital bank co-owned by Grab and Singtel, aiming to "make banking better for everyday consumers and small businesses" ⁴⁷. They offer features like daily interest, instant cashback, and flexible loans ⁴. The GXS Credit Card, specifically, is provided by GXS Bank ².

Key Features and Benefits

The GXS Bank Grab Singtel credit card, also referred to as the GXS FlexiCard, offers several distinct advantages:

• No Interest Credit Card: One of its most notable features is that it's a no-interest credit card ¹⁰. This can be a significant benefit for users looking to avoid interest charges on their purchases.
• Unlimited Instant Rewards: Cardholders can earn unlimited instant rewards ¹⁰. These rewards are particularly geared towards spending within the Grab and Singtel platforms.
• No Foreign Transaction Fees: The card also boasts no foreign transaction fees, making it potentially attractive for international use or online purchases from overseas merchants ¹⁰.
• Flexible Repayments: GXS FlexiCard offers flexible repayment options, providing users with more control over their finances ¹⁰.
• No Minimum Income Requirement: Unlike many traditional credit cards, the GXS FlexiCard has no minimum income requirement, potentially making it accessible to a broader range of individuals ¹⁰.

Integration with Grab and Singtel Ecosystems

The credit card's primary appeal lies in its deep integration with the Grab and Singtel services:

• GrabRewards (now GrabCoins): The card is designed to maximize earnings and savings from everyday actions on Grab ³. GrabRewards has transitioned to GrabCoins, offering more ways to earn ³.
• Targeted Rewards: The card specifically rewards spending across Grab (ride-hailing, food delivery, etc.) and Singtel (telecommunications services) ⁶. This makes it particularly beneficial for regular users of these services.

How to Access and Apply

The GXS Credit Card beta is available on the GXS Bank app (version v2.86.0 and above) ². As mentioned, it is notable for being applicable through a third-party app, streamlining the application process for users already engaged with the Grab or Singtel platforms ⁶.

In summary, the GXS Bank Grab Singtel credit card is a digital-first, no-interest credit card designed to provide instant rewards and financial flexibility, especially for consumers who frequently use Grab and Singtel services in Singapore.