GXBank Announces New Credit Facility, Opens Waitlist For Customers

GXBank has added a new product offering, a credit facility called GX FlexiCredit.

GX FlexiCredit is a credit facility product that can offer GXBank’s customers more financial flexibility by providing customers with a credit limit that customers can access when needed. This will probably work in the same way as how traditional banks offer account overdraft facilities for customers.

This greatly simplifies the process of obtaining funds for customers and also addresses long standing issues such as complicated application process, complex documentation needed, and lengthy processing times.

Along with the launch of their newest product, GXBank is also inviting customers to register their interest by signing up for the wait list for the pilot phase of GX FlexiCredit.

How to sign up for GX FlexiCredit

First, open your GXBank app, and click on the ‘me’ tab.

 

Then, click on the ‘manage consents’ button.

And finally, ensure that the ‘future credit product offers’ is turned on.

The eligibility criteria for GX FlexiCredit is as follows;

• Must be an existing GXBank customer with an active GX Savings Account
• a Malaysian citizen aged between 21 and 64
• minimum monthly income of RM1,500

The offer is also subject to the bank’s credit assessment process, including checks for bankruptcy, fraud, and other credit factors.

If you apply for the facility, be on the lookout for an in-app notification guiding you through the next steps.