How to get your reward:
Open a GXS Biz Account.
Sign up for a GXS Biz Account between 11 Nov – 31 Dec 2025.
Already have one? You’re one step closer to your reward!
Deposit your funds.
Deposit and maintain at least S$100,000 in your account*.
You'll immediately start earning 1.08% p.a. daily interest!
Enjoy your reward.
Choose your reward.
Get iPhone 17 or get S$1,000 cash1. That's supercharging your funds by up to 7.16% p.a. in just 60 days*.
*When you deposit S$100,000 into your GXS Biz Account, you earn daily interest of 1.08% p.a. (S$177.68). If you choose the S$1,000 cash as your reward, you will be getting a total of $1,177.68. That is 7.16% p.a. on your funds in just 60 days.
Limited to the first 100 customers.
Eligible for both new and existing GXS Biz Account customers.²
Open your GXS Biz Account now.
Got questions?
We got answers.
How long do I need to hold the funds for?
To qualify for the reward under this campaign, you will need to hold the funds for at least 60 days in your Biz Account from and including the date of funding.
For example, if you deposit your funds on 15 December 2025, you will need to hold the funds until 13 February 2026 in order to qualify for the reward.
How is the "first 100" determined?
The first 100 slots are allocated on a first-come, first-served basis, determined by the exact date and time your GXS Biz Account balance first meets the S$100,000 minimum fresh funds requirement.
What happens if my account balance drops below S$100,000?
To qualify, your end-of-day account balance must remain at or above S$100,000 for 60 consecutive days. If the end-of-day balance drops below this amount at any time during the 60-day period, you will not be eligible for the reward under this promotion.
However, you will still receive the usual daily interest of 1.08% p.a.
How is the 7.16% p.a. calculated on the deposited S$100,000 in 60 days?
When you deposit S$100,000 into your GXS Biz Account, you earn daily interest of 1.08% p.a. (S$177.68). Plus, if you choose the S$1,000 cash as your reward, you will be getting a total of $1,177.68. That is 7.16% p.a. on your funds in just 60 days.
*To be eligible, customers will need to maintain at least $100,000 in daily balance for 60 days from funding date
1 Successful customers will be contacted via phone and email by 31 Mar 2026. Customers will be requested to complete a Google form to choose between $1,000 cash in their account and iPhone 17 (worth $1,200)
Note: All successful customers will be able to choose either prize (i.e. up to 100 quantities of each prize).
2Limited to the first 100 successful customers. New customers who open a GXS BIz Account between 11 Nov 2025 to 31 Dec 2025, and maintain at least S$100,000 in daily balance for 60 days from funding date will be eligible for this campaign. In addition, existing GXS Biz Account customers as of 10 Nov 2025 who deposit and maintain S$100,000 in fresh funds for 60 days from funding date will be eligible for this campaign.
For full campaign T&Cs, click here.
GXS Bank is a separate entity and is not associated with the businesses of Grab, Singtel and their entities. The GXS Biz Account is provided by GXS Bank. GXS Bank holds a banking licence and is regulated by the Monetary Authority of Singapore.
Account opening is subject to GXS Bank's approval and may require additional supporting documents and processing time.
Terms and conditions: Business Account Terms, Biz Ecosystem Terms - Grab and Biz Ecosystem Terms - Singtel shall apply. For full terms and conditions, please visit business.gxs.com.sg.
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
GXS Bank is a digital bank owned by Grab and Singtel. GXS Capital operates under the legal entity Validus Capital Pte Ltd, a wholly-owned subsidiary of GXS Bank.
