Terms and conditions governing Boost Campaign (“Campaign”)

1. Eligibility: You are eligible to participate in the Campaign if you are a customer of GXS and have received a message in the inbox of your GXS Bank app, and/or via email sent to your email address on record with the Bank, notifying you of your eligibility to participate in the Campaign to receive a reward (“Notification”) (“Eligible Customer”).
   ‍
2. Campaign Period: The Campaign is available during the dates stated in the Notification or such date(s) as determined and notified by the Bank in its sole discretion (“Campaign Period”).
   
3. 1. Campaign
   a. By fulfilling the requirements of the Campaign, an Eligible Customer shall be entitled to receive Bonus Interest (as defined below) for successfully fulfilling the requirements for deposits placed in Boost Saving Pockets (as defined below) (“Successful Customer”):

b. To be a Successful Customer, an Eligible Customer must:

      (i) if the Notification states one or more available Tenure Periods, choose one (1) Tenure Period to participate in;
‍
     (ii) prior to the start of the Tenure Period:

      1. create one or more Boost Saving Pocket(s), by renaming existing Saving Pocket(s) or by creating new Saving Pocket(s). You may maintain up to eight (8) Boost Saving Pockets;

      2. fund between S$500 and S$30,000 across one or more Boost Saving Pockets (“Minimum Principal Amount”), up to a maximum of S$30,000 across one or more Boost Saving Pockets (“Maximum Principal Amount”); and

     (ii) throughout the Tenure Period, maintain between the Minimum Principal Amount and Maximum Principal Amount across all Boost Saving Pockets within your GXS Savings Account (“Qualifying Deposit Amount”).

c. Bonus Interest shall be payable on the Qualifying Deposit Amount in Boost Saving Pocket(s) at the start of the Tenure Period only. No Bonus Interest shall be payable on the interest paid to you for deposits, including any additional deposits after the start of the Tenure Period, in the Boost Saving Pockets. For the avoidance of doubt, you will continue to earn the interest at the prevailing rate for Saving Pockets for deposits in the Boost Saving Pockets.

d. The closure of a Boost Saving Pocket, or partial or premature withdrawal from any or all Boost Saving Pockets such that the Minimum Principal Amount is not met, for any reason shall be deemed to be early termination of a Boost Saving Pocket, and will not fulfil the requirements of this Campaign. No bonus interest shall be payable to you in full or in part.

e. Each Eligible Customer shall be entitled to be a Successful Customer in one (1) Tenure Period only, notwithstanding that the Notification received by an Eligible Customer states one or more available Tenure Periods.

1. “Bonus Interest” means bonus interest paid on the Qualifying Deposit Amount across one or more Boost Saving Pockets only. Bonus Interest shall not be payable or paid on the interest earned on the principal amount of funds deposited in each Boost Saving Pocket. If you do not meet the eligibility criteria for the Bonus Interest during the Tenure Period, you will not receive the Bonus Interest.
   ‍
2. “Boost Saving Pocket” means a Saving Pocket of your GXS Savings Account, created on or before the Tenure Period, and named “Boost” for a tenure of 92 days during the period stated in the Notification.
   ‍
   
3. “GXS Savings Account” means the GXS Savings Account, for which more information and terms and conditions can be found here.
   ‍
4. “Tenure Period” means the dates stated in the Notification, during which the Minimum Principal Amount must be maintained in each Boost Saving Pocket.