Been using GXBank since it was launched and was very happy with what it was offering until GX 2.0 was introduced. Moved my money out, uninstalled the app and said Good bye to GXBank! Why?
The offering which I felt was good / worth using GXBank was it’s Cashback on every usage which used to be 1% of the spending, how can you a Digital bank cut it to 0.1% for local transactions and expect customer to still use your service? Other banks do provide some sort of Points system which is far better than 0.1%, for me this is a joke. A part from that, they also reduced their Interest rate from 3.00% p.a. to 2.00% p.a.
Read on X, a lot are also moving out their money and ditching GXBank. Maybe there are not much alternatives, but by operating as a Digital offering, certainly GX can do better.
For now be smart, ditch GX, go somewhere else which certainly will offer something better! As for me, not returning until they offer something reasonable and not joke of a 2.0 service. Goodbye GXbank!