GXS Savings Account’s maximum balance raised to S$95K

Interest rate is 2.38% for the Savings Pocket product.

GXS Bank announced that its savings account now has a maximum balance of S$95,000 per account (approximately US$70,000), according to a press release.

For customers who put in the maximum amount in a savings pocket, they can earn around S$2,288 per year in compounding interest rates, the Singapore-based digital bank said.

Interest rate is at 2.38%, or S$6.19 daily for those with maximum balance. They can earn S$191.21 monthly.

With Boost Pocket, customers can earn up to 2.78% per annum of interest.

(US$1 = S$1.34; as of 26 March 2025, Google)