GXS Bank debuts unlimited cashback card

Eligible Grab transactions earn a 10% rebate in the form of GrabCoins.

GXS Bank has launched the GXS Credit Card, an unlimited cashback card issued with Visa, with special perks for Grab spending.

GXS Credit Cardholders can earn up to 10% rebate in the form of GrabCoins for every eligible transaction they make on Grab, including transport, food delivery, and groceries. 

The GrabCoins can be used to offset the cost of eligible Grab transactions.

The card also offers a flat 1.75% cashback when they pay for their Singtel bills and all other spend.

There is no limit to the amount of cashback they can earn, so long as customers spend a minimum of S$500 within their monthly billing cycle.

GXS Bank said that they ran a beta with over 1,000 customers for a month, and that 90% of the beta testers indicated that they enjoy using the GXS Credit Card for their Grab and Singtel purchases.

The active beta testers received an average of S$18 in cashback and GrabCoins-equivalent during the month-long beta programme.

Signing up for the GXS Credit Card can be done on the GXS app.

The first 1,000 customers who order a physical GXS Credit Card from 18 August 2026, 12PM SGT will receive a limited-edition card. Customers can make the order for a physical card within their GXS app.