(Free $20) GxS Referral Code : SUNW067

Use GXS referral code SUNW067 when you sign up in Singapore. New users can earn S$20 cashback via the First Boost promo.

GXS Referral Code: SUNW067 — What You Actually Get

The GXS referral code is SUNW067, and it works for anyone opening a GXS Savings Account in Singapore. Here is the part most sites gloss over: under GXS’s current terms, the code itself pays S$8 to the person who referred you — as a new user, your money comes from a separate GXS new user promotion called First Boost, worth S$20 cashback.

Using the code costs you nothing and doesn’t reduce what you can earn. But you should know exactly which pot your money comes from before you deposit S$5,000.

What is GXS Bank and Why Use It

GXS Bank Pte. Ltd. (UEN 202005626H) launched on 31 August 2022 after receiving one of Singapore’s first digital full bank licences from the Monetary Authority of Singapore. It’s a joint venture between Grab and Singtel, and it operates entirely through an app — no branches, no queue numbers.

Your deposits are insured by the Singapore Deposit Insurance Corporation up to S$100,000, the same statutory protection you get at DBS, OCBC or UOB.

What actually makes it useful day to day:

• Interest credited daily, not monthly — you see the balance tick up each morning
• No minimum balance, no fall-below fees, no salary crediting hoops
• Saving Pockets (up to 8) for goal-based saving, withdrawable anytime
• Boost Pockets (up to 5) for fixed tenures of 1, 3, 4, 8 or 12 months at higher rates
• PayNow transfers and linking to the Grab and Singtel Dash apps for payments

Prevailing rates at time of writing: 0.88% p.a. on the Main Account, 1.08% p.a. on Saving Pockets, and up to 1.6% p.a. on Boost Pockets (0.88% base credited daily plus bonus interest on maturity). Total deposits across all pockets are capped at S$95,000. Rates change — check the app before you commit.

GXS Referral Code: SUNW067 — What You Get

This is where accuracy matters, because the two rewards run on different campaigns with different rules.

What you get as a new user: S$20

The First Boost campaign runs from 14 April to 30 September 2026. To claim S$20 cashback, you must:

1. Open a GXS Savings Account (new to GXS Savings Account only)
2. Within 30 days of opening, create a new 3-month Boost Pocket named exactly “First Boost” or “FIRST BOOST”
3. Deposit a minimum of S$5,000 in fresh funds into it
4. Hold it until maturity, and keep your total balance at or above where it stood when you opened the pocket

Two traps worth flagging. “Fresh funds” means money brought in from outside GXS — shuffling cash between your own pockets doesn’t count. And a renamed Boost Pocket is explicitly disqualified; it has to be a newly created one.

The cashback is first-come-first-served, limited to the first 1,000 successful customers per calendar month.

What the referrer gets: S$8

Under the Refer for Rewards (March to December 2026) campaign, running 17 March to 31 December 2026, the referrer receives S$8 per successful referral, capped at the first 5,000 referrers. There’s no limit on how many friends one person can refer.

For that S$8 to be paid, you (the new user) need to keep a total day-end balance above S$0 on the relevant checkpoint date — 30 September 2026 if you opened between 1 July and 30 September, or 31 December 2026 if you opened between 1 October and 31 December.

So: the SUNW067 code is genuinely free for you to use. It just isn’t the thing paying you.

How to Use the GXS Referral Code (Step-by-Step)

1. Download the GXS Bank app from the App Store or Google Play.
2. Start the sign-up and verify your identity with Singpass. You’ll need to be at least 18 and a Singapore Citizen, PR or eligible pass holder.
3. Enter the GXS promo code SUNW067 when the app prompts for a referral code. This must be done during application — it cannot be added afterwards, and you can only use one code, once.
4. Complete account opening. Your digital debit card is issued immediately.
5. Create your Boost Pocket within 30 days: 3-month tenure, named “First Boost”, funded with min. S$5,000 from an external bank via PayNow or FAST.
6. Hold to maturity. Don’t withdraw, don’t close the pocket early.
7. Wait for the cashback. If you open your First Boost pocket by 31 July 2026, it credits by 30 November 2026. By 31 August 2026 → credits by 31 December 2026. By 30 September 2026 → credits by 31 January 2027.

Yes, the wait is long. That’s normal for Singapore digital bank cashback campaigns and worth budgeting for mentally.

Eligibility & Terms You Should Know

Read this section before you move S$5,000.

• New customers only. If you’ve held and closed a GXS Savings Account before, you’re excluded from both campaigns.
• Six-month cooling period. If you closed a GXS product in the last six months, the referral won’t count as successful.
• Existing GXS customers may still qualify — if you hold a GXS FlexiCard or FlexiLoan but have never opened a Savings Account, you can still be referred for one.
• One code, one time. If more than one person refers you, the first code used wins.
• Quota risk is real. First Boost is capped at 1,000 customers per month; the referral cashback at 5,000 referrers total. These are not guaranteed.
• Cashback can be clawed back if GXS determines the balance conditions weren’t met.
• The S$95,000 deposit cap applies across your entire GXS Savings Account.
• GXS Invest is not a savings product — it’s a money market fund, not SDIC-insured.

Is the GXS Referral Bonus Worth It?

Let’s do the maths honestly on the S$20.

Park S$5,000 in a 3-month Boost Pocket. You earn roughly S$15 in interest over the quarter at 1.22% p.a., plus the S$20 cashback — about S$35 for three months on S$5,000. GXS markets this as an effective 2.82% p.a. return, which checks out as an annualised figure.

That’s a decent return on idle cash. But be clear-eyed about two things.

First, it’s a one-off. Once the pocket matures, your money reverts to the prevailing rate of roughly 1.08–1.6% p.a., which is below what 6-month T-bills or Singapore Savings Bonds have typically paid. Treat this as a short-term cash play, not a home for your emergency fund.

Second, S$5,000 is locked for three months. If you might need that cash, the S$20 isn’t worth the illiquidity.

Where GXS genuinely wins is as a no-hoops parking spot — no salary crediting, no minimum spend, no card-swipe quotas. If you’re tired of chasing bonus interest tiers, that simplicity has real value.

How to Share Your Own GXS Referral Code

Once your account is open, you become eligible to refer others and earn S$8 each.

To find your code: open the GXS Bank app → tap ‘Me’ → ‘Share with friends’. It also arrives in your app Message Centre and by email. If you’ve just opened your account and can’t see it, wait — GXS issues it within 2 days.

There’s no cap on how many friends you can refer, but the campaign pool is limited to the first 5,000 referrers and closes 31 December 2026. Your cashback credits by 31 October 2026 or 31 January 2027 depending on when your friend signed up.

FAQ

Does the GXS referral code still work in 2026? Yes. SUNW067 is valid under the Refer for Rewards campaign running until 31 December 2026, subject to the first-5,000-referrers cap.

How much do I get as a new GXS user? S$0 from the referral code itself, and S$20 from the First Boost campaign if you deposit S$5,000 into a 3-month Boost Pocket. Any site claiming the code alone pays you a welcome bonus is working from expired 2025 terms.

How long does the GXS bonus take to credit? Between two and four months. Open your First Boost pocket by 31 July 2026 and it credits by 30 November 2026; by 30 September 2026 and it credits by 31 January 2027.

Can I use the code if I already have a GXS account? Not if you already hold a GXS Savings Account. If you only have a FlexiCard or FlexiLoan, you can still be referred for a Savings Account.

Can I add the referral code after signing up? No. It must be entered during the application. There’s no retroactive application.

Do I need to deposit money to use the referral code? To use the code, no. To earn the S$20 you need S$5,000 in fresh funds. To ensure your referrer gets their S$8, you’ll need a balance above S$0 on the relevant checkpoint date.

Is GXS Bank safe? It holds a full bank licence from MAS and is an SDIC member — deposits insured up to S$100,000. Same statutory protection as the local incumbent banks.

What happens if I withdraw before the Boost Pocket matures? You forfeit the S$20 cashback. The terms are explicit that cashback not yet credited is lost if the pocket isn’t held to maturity.

Can I stack this with other GXS promotions? Campaigns generally state they aren’t valid with other offers unless specified. The referral campaign does allow participation in other Savings Account campaigns running concurrently, but check each promotion’s terms.

Is there a limit on how many people I can refer? No per-person limit, but the campaign pool is capped at the first 5,000 referrers and ends 31 December 2026.