Which Is The Best Digital Bank In Malaysia?

3 digital banks have launched in Malaysia so far being GX Bank, Boost Bank, and Aeon Bank.

Honestly, they're all pretty great and its refreshing to see their approach so far with decent interest on our cash, really good app design, and even bringing spending rewards to debit cards.

In this video I compare all 3 of them in different aspects. (Spoiler: there is no best)

⌚ Timestamps:
00:00 Intro
00:39 What are digital banks
2:13 Safety and regulation
3:09 Liquidity
3:50 Shariah compliance
4:17 Interest/returns
9:29 User interface and experience
11:09 Spending benefits

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[keoneeweyummy]

Thank you this is really helpful. I look forward for other two digital banks, more competition to benefit customers 😂

[Vincentmiaw]

Yaayy Team GX, I agreed Bosst does has their conditions to earn. Abit Fussy.

[docavvai]

I prefer and use GX bank. Clear and not confusing. Boost is too confusing. Aeon- had bad experience, so not comfortable with their bank.

[kubeyran]

They still don’t support Apple Pay.. Something to note on as well.

[VEDASHREEAPGRIDHARAN]

GX BANK have some problem recently, whoever had bad record with bank negara they closed they acc with GX BANK after few month open they acc

[jamlzs]

Hi, the comparison between GX Bank card and Wise card for your recent Taiwan trip you mentioned in this video... Can you share the link here please.. TQ

[pluuuto]

Before this the best rate for shariah is rize.. now moved to aeon. This digital bank makes it easier to transfer my money. Well, consumer won😊. Gonna use whichever acc giving best rate

[samuelanthoni]

What about annual fees? I think only Aeon bank has it compared to the other 2

[endlessdeath]

Shouldn't TNG be better ? It gives 3.95pa

[PassionPno]

OCBC Frank Account is giving 2.2% with no conditions.

[sepilokfui]

worked in banks for decades... bank is bank, without your deposit they have no funding to start lending any credit products. digital bank has no cost for maintaining branches or service centers so they can give a higher interest for now to collect funding for the future business, once they have enough funding, there is no such thing as that is the rate, under regulation, they can change the rate by T & C you signed up for at any time they want to.

[SaadonAksah]

Mbsb can give 1.8% profit and u just need to keep 50rm in the account 3.88% profit for aeon! Wow! 😱 Im gonna open an account wz aeon!

[astrodomelife]

digital bank is cool and all but where do i withdraw physical money. i understand that we could apply for debit card and withdraw from atm but do they charge for withdrawal fee for different bank? how about those kiasu who dont want to pay the 1.00 withdrawal fees. i guess, i should hold it on for now about digital bank.

[buzzyify]

why not include rize? rize also a digital bank right?

[buzzyify]

is it true that you spend using aeon debit card anywhere still got aeon point?

[DannyLauLaiHock]

Gxbank just announced they gonna lower the interest rate to 2.00%. boohoo