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GXBank Help Centre

What is the campaign reward and how can I earn it?

 

Campaign Reward 
Drawdown cashback rewards for FlexiCredit customers during the Campaign Period.

Reward Categories are as follows:

Reward Category Reward Category Description
Reward Category 1 1% Cashback on Drawdowns
Reward Category 2 8x Weekly Prizes of 10% Cashback on Drawdowns
Reward Category 3 1x Grand Prize of 100% Cashback on a Drawdown

Qualifying Criteria:

To qualify for the the Campaign Rewards, you must:

Reward Category Qualifying Criteria

Reward Category 1

1% Cashback on Drawdowns

  1. maintain an active GX Account in good standing;

  2. make a minimum drawdown of RM1,000 from your FlexiCredit line;

  3. choose a minimum 12-month tenure for the drawdown; and

  4. successfully repay both the first and second monthly installments (payments must be made on or before the due dates). Payments toward Odd Day Interest (ODI) are not considered monthly installments and will not count towards the required repayments. Any late payment of either installment will disqualify Eligible Customers from receiving the Campaign Reward.

Reward Category 2

8x Weekly Prizes -

10% Cashback on Drawdowns

  1. maintain an active GX Account in good standing;

  2. make a minimum drawdown of RM1,000 from your FlexiCredit line; and

  3. choose a minimum 12-month tenure for the drawdown.

Reward Category 3

1x Grand Prize - 

100% Cashback on a Drawdown

  1. maintain an active GX Account in good standing;

  2. make a minimum drawdown of RM1,000 from your FlexiCredit line; and 

  3. choose a minimum 12-month tenure for the drawdown.

 Illustration of drawdowns eligible for the Campaign Rewards:

Illustration Campaign Rewards Eligibility

Drawdown A

i. Amounts to RM1,000, tenure selected is 12 months and is performed during the Campaign Period.

ii. The customer has repaid both the first and second monthly installment amounts before or on the due dates. 

Drawdown A is eligible for all the Campaign Reward Categories.

Awarding of the rewards for Category 2 and Category 3 is subject to the customer being selected as the Weekly Prize Winner and/ or the Grand Prize Winner respectively.

The 1% Cashback will be awarded on that entire loan drawdown, not on the current outstanding amount.

Drawdown B

i. Amounts to RM1,000 and the tenure selected is 6 months.

Drawdown B is not eligible for any Campaign Rewards as the minimum tenure required is 12 months.

Drawdown C

i. Amounts to RM10,000 and monthly repayment for the first monthly instalment was made one day after the due date.

Drawdown C is not eligible for Reward Category 1 as the repayment for one of the monthly instalments were not paid on time.

To be eligible for Reward Category 1, both the first and second monthly repayments must be made on or before the due dates.

Drawdown D

i. Amounts to RM10,000 and the customer early settles or fully repays the entire loan drawdown less than a month since the drawdown was performed.

Drawdown D is not eligible for Reward Category 1 as the second monthly repayment was not made.

To qualify for Reward Category 1, both the first and second monthly repayments must be successfully made on or before the due dates. 

 

If the loan drawdown is fully settled within less than a month from the disbursement date, the second monthly repayment would not have been billed yet, making the drawdown ineligible for this reward category.

 

If the early settlement happens after the second repayment is paid, the drawdown is eligible for this reward category.

Drawdown E

i. Amounts to RM10,000 and is performed before or after the Campaign Period.

Drawdown E is not eligible for any Campaign Rewards as it is performed before the campaign commenced or after the campaign period was concluded.

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