Mastercard and GX Bank Berhad (GXBank) have launched Malaysia’s first unlimited cashback debit card, the GXBank Card (GX Card), offering users 1% cashback on various transactions. This collaboration aims to enhance financial inclusion and support Malaysia’s digital transformation.
24 February 2024 – In a groundbreaking collaboration, Mastercard and GX Bank Berhad (GXBank) have introduced Malaysia’s inaugural unlimited cashback debit card, the GXBank Card (GX Card). Representing a pioneering move in the country’s financial landscape, the GX Card offers cardholders a 1% cashback incentive on a wide array of transactions, both online and offline, including groceries, dining, and bill payments. Moreover, users enjoy additional perks such as cash withdrawal fee waivers and enhanced rewards for specific purchases, setting a new standard for digital banking convenience and rewards in Malaysia.
The partnership between Mastercard and GXBank aims to drive financial inclusion and support Malaysia’s digital transformation by providing innovative and accessible payment solutions tailored to consumers’ evolving preferences. With GXBank’s seamless digital banking platform and Mastercard’s global expertise, the GX Card is poised to revolutionize the way Malaysians manage their finances, offering unprecedented benefits and convenience in the digital era.