GXS Bank Holiday Boost November 2026: Earn Up to 2.4% p.a. Before 30 November

Time-sensitive promo ending 30 November 2026 — here’s everything you need to claim it

GXS Bank’s Holiday Boost promo, running until 30 November 2026, gives Singapore depositors up to 2.4% p.a. effective on a 4-month Boost Pocket (or 2.3% p.a. on 3 months) — significantly above standard Boost Pocket rates. The rate blends Boost Pocket interest at 1.5%–1.6% p.a. with an additional cashback of roughly 0.8% p.a. equivalent. Deposits are SDIC-insured up to S$100,000. The minimum deposit is S$10,000 per Boost Pocket, named exactly “HOLIDAY BOOST”.

Not financial advice. All figures are for educational reference only. Data as at November 2026 unless noted.

Table of Contents

What Is the GXS Bank Holiday Boost?

GXS Bank is a Singapore digital bank backed by Grab and Singtel, holding an MAS full digital bank licence. All GXS Savings Accounts are covered by Singapore’s Deposit Insurance Scheme, insured up to S$100,000 per depositor by SDIC.

The Boost Pocket is a fixed-tenor savings product built into the GXS app — essentially a mini fixed deposit you hold inside your GXS Savings Account, earning a higher rate than the main account’s 0.88% p.a. in exchange for a 1- to 18-month lock-in. You can hold up to eight Boost Pockets at a time, alongside separate Saving Pockets for flexible goals.

The Holiday Boost is a November 2026 promotion layered on top of the standard Boost Pocket. When you deposit fresh funds (money not already in GXS) of between S$10,000 and S$100,000 into a 3-month or 4-month Boost Pocket named exactly “HOLIDAY BOOST”, you receive:

• The standard Boost Pocket interest: 1.50% p.a. for 3-month or 1.60% p.a. for 4-month, credited at maturity
• An extra 0.8% p.a. equivalent in cashback, credited separately
• A combined effective rate of 2.3% p.a. (3-month) or 2.4% p.a. (4-month)
• A S$50 Takashimaya shopping voucher if your deposit is S$50,000 or more and you are among the first 300 eligible Boost Pockets (first-come-first-served)

The promo ends 30 November 2026. Full terms and conditions are available on GXS Bank’s official website.

All GXS Bank Rates — November 2026

Here are all current GXS Bank savings rates as at 13 November 2026, verified against the GXS official savings page.

Boost Pocket Rates by Tenor

Source: GXS Bank official savings page, verified 13 November 2026. Interest credited at maturity. Rates subject to change.

Full GXS Bank Savings Product Summary

*Holiday Boost effective rate includes 0.8% cashback component. Source: GXS Bank official savings page, 13 November 2026.

How to Claim the GXS Holiday Boost (Step by Step)

Claiming the Holiday Boost takes about two minutes in the GXS app. Here are the exact steps.

1. Open or sign in to the GXS app. New to GXS? Download the app, sign up with your SingPass, and use referral code YONG477 during registration — both you and the referrer each receive S$8 in cashback when you make your first deposit of S$500 or more.
2. Go to your GXS Savings Account. You need a GXS Savings Account open before you can create any Pocket.
3. Tap “Boost Pocket” on the Savings Account screen.
4. Name the new Pocket “HOLIDAY BOOST” (all caps, exactly as written — this triggers the promo rate). Do not add extra spaces or characters.
5. Select 3-month or 4-month tenor. The 4-month gives 2.4% p.a. effective; the 3-month gives 2.3% p.a. effective.
6. Deposit fresh funds of S$10,000 to S$100,000. Fresh funds means money transferred in from outside GXS (from your DBS, OCBC, or other bank account). Moving funds from an existing GXS Pocket or Main Account does not count.
7. Confirm the deposit before 30 November 2026. The promo rate is locked in at the time of pocket creation.

Important notes to verify on the GXS app:

• The 0.8% extra is paid as cashback, not as additional interest. Your maturity interest will show 1.5% (or 1.6%); the cashback appears as a separate credit in your Main Account.
• The S$50 Takashimaya voucher for S$50,000+ deposits is limited to the first 300 eligible pockets — check the GXS app for availability before depositing.
• You can hold up to 8 Boost Pockets simultaneously. If you already have 8, you must wait for one to mature before creating the Holiday Boost.
• Early withdrawal may forfeit some or all of the bonus interest — check the T&Cs on the GXS Bank official website.

Holiday Boost vs Alternatives (November 2026)

How does the GXS Holiday Boost stack up against other short-term savings options in Singapore right now? The table below uses verified rates from November 2026.

*Holiday Boost effective rate includes 0.8% cashback component. HSBC rates from HSBC Fixed Deposit Rate Singapore (November 2026). All rates as at 13 November 2026. Rates subject to change.

For a broader comparison of digital bank and traditional bank fixed deposit rates, see our full Fixed Deposit Rates Singapore 2026: Digital Banks vs Traditional FDs guide.

Key takeaway: the GXS Holiday Boost at 2.3–2.4% p.a. beats GXS’s own standard rates and HSBC’s Personal Banking FD rate for the equivalent tenure. For longer tenors or larger sums, Singapore T-Bills or Singapore Savings Bonds may offer comparable returns without the fresh-funds requirement — see our Singapore T-Bills 2026 Guide and Singapore Savings Bonds guide for the latest.

Who Should (and Shouldn’t) Use the Holiday Boost?

It makes sense if you:

• Have S$10,000 to S$100,000 sitting in a low-rate traditional savings account earning 0.05%–0.5% p.a.
• Can commit the funds for a full 3 or 4 months without needing to access them — the Boost Pocket is locked until maturity
• Want SDIC deposit insurance (unlike most money market funds, which are capital at risk)
• Prefer a fully digital process without in-branch visits or paperwork
• Can move fresh funds from another bank to meet the fresh-funds requirement

It may not be the right fit if you:

• Need daily liquidity — a 3- or 4-month lock-in means no withdrawals before maturity without potential penalty
• Have funds exceeding S$100,000 for a single Boost Pocket — you will need multiple pockets, each named “HOLIDAY BOOST”
• Are comparing against Singapore T-Bills, which carry government backing and have recently offered competitive short-tenor rates
• Want a longer lock-in — the 18-month standard Boost Pocket at 2.00% p.a. may still suit if you can commit for 1.5 years

Worked example: S$50,000 for 3 months

Depositing S$50,000 into a 3-month Holiday Boost at 2.3% p.a. effective:

• Boost Pocket interest at maturity: S$50,000 × 1.50% ÷ 12 × 3 = S$187.50
• Cashback (0.8% p.a. for 3 months): S$50,000 × 0.80% ÷ 12 × 3 = S$100.00
• S$50 Takashimaya voucher (if among the first 300 eligible): S$50
• Total return in 3 months: approximately S$337.50 (or S$287.50 without the voucher)

This compares with S$187.50 on a standard 3-month Boost Pocket, or S$225 on a 6-month HSBC FD for the same S$50,000 deposit (at 1.80% p.a. for 6 months). Check the full GXS Bank guide for more product details and FlexiLoan information.

GXS Bank Referral Code YONG477: Get S$8 Free

If you are new to GXS Bank, use referral code YONG477 when registering in the GXS app. Both you (the new user) and the person who referred you each receive S$8 in cashback once you make your first deposit of S$500 or more. This offer runs until 31 December 2026 per GXS Bank’s promotional page.

Combined with the Holiday Boost promo, a new GXS customer who opens an account with S$50,000 in fresh funds could potentially receive:

• S$8 referral cashback (via code YONG477)
• S$187.50 in Boost Pocket interest (3-month, 1.5% p.a.)
• S$100.00 in Holiday Boost cashback (0.8% equivalent for 3 months)
• Optionally: S$50 Takashimaya voucher (if among first 300 for S$50,000+)

For a full review of GXS Bank’s accounts, FlexiLoan, and how it compares with other Singapore digital banks, see our GXS Bank Singapore Complete Guide. For a head-to-head savings comparison with MariBank and Trust Bank, see GXS vs MariBank vs Trust Bank (2026).

Frequently Asked Questions: GXS Bank Holiday Boost