Today, GXBank has shared a few updates to its product offerings. This includes limiting the waiver for ATM cash withdrawal fees to online once per month per customer, and also adjustments to the cashback programme.
Starting from 6 May to 5 August 2025, customers will receive 0.2% cashback for every DuitNow QR transaction, up to RM5 per customer, per month. Additionally, customers who link their Duitnow ID for the first time to GXBank will receive an RM8 cashback (they must maintain the link for at least 30 consecutive days).
On the other hand, the ATM cash withdrawal fee will be limited per month, per customer, as mentioned earlier. GXBank acknowledges that some customers may find this update unfavourable, but clarifies that 97% of its customers are already fully cashless, opting to pay with the GXBank Card or DuitNow QR.
In addition, GXBank also said the savings from these adjustments will be reinvested into ongoing efforts to expand other upcoming products. This includes:
- The upcoming launch of its banking solutions for MSMEs, aims at delivering convenient, seamless and more inclusive services for those that need them the most.
- Ensuring to remain the best travel card for customers, and
- Continue earning 1.5x GrabRewards when they transact at any Jaya Grocer outlet.
That's pretty much it. Stay tuned for more trending tech news at TechNave.com, and enjoy your Friday and the weekends.
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