GXS FlexiLoan Review 2024

The GXS FlexiLoan is a credit line you can draw multiple loans from, up to your credit limit. Apply within minutes, choose your tenure and repayment date, all within your GXS app. You can even save on interest when you repay early, with no fees charged.

Features:

- Interest rates from 2.99% p.a. (from EIR 5.67% p.a.)^1

- Apply in-app and get your funds in minutes

- No hidden fees

- A standby revolving credit line which you can draw multiple loans from, from as low as $200

- Customisable loan tenure from 2 to 60 months depending on loan amount selected

- Repayment is done in equal monthly instalments

- Ability to choose your preferred repayment date

- Save on interest when you repay early

- Interest is computed on a daily non-compounding basis

- In-app reminders to repay on time and avoid late interest charges

- Terms and conditions apply, visit www.gxs.com.sg/flexiloan-terms

Eligibility:

You can apply for a GXS FlexiLoan if you:

- are aged between 21 and 65 years old;

- are a Singapore Citizen or Singapore Permanent Resident; and

- draw a minimum annual income of S$20,000"

Notes:

1. Effective Interest Rate (EIR) is calculated based on an average loan amount of S$10,000 with a 36-month repayment period, from 1 Jan 2023 to 1 Jan 2026. T&Cs apply