Miles vs Cashback

GXS FlexiCard

A fully digital cashback Mastercard with no minimum income and no foreign transaction fees, offering randomised instant cashback on everyday spend.

Issuer
GXS Bank
Network
Mastercard
Rewards
Cashback
Annual fee
Has an annual fee
Beginner-friendlyStrong overseas
Overseas spendGeneral spend

Pros

  • +No minimum income requirement, and approval open to Singapore Citizens/PRs aged 21-55, so it suits thin-file or first-time cardholders
  • +No foreign transaction fees and no FX markup on overseas spend, with conversion at prevailing Mastercard rates
  • +Annual fee waived for the first year; pay in full each month and there is zero interest and no fees
  • +Instant cashback on every eligible transaction with no cap on the number of rewards earned

Cons

  • −Cashback is randomised ('gacha-style') up to S$3 per eligible transaction, so the actual earn rate is opaque and often very low relative to spend
  • −Low fixed S$500 credit limit, which is restrictive for larger purchases
  • −S$54.50 annual fee from year two onward, high relative to the modest rewards
  • −Rollover costs a flat S$5 Flexi fee per month and a missed minimum payment incurs a S$50 late fee; minimum payment is the lower of the balance or S$15
Annual feeS$54.50as of 16 Jun 2026
CashbackUp to S$3 randomised cashback per eligible transaction of S$10 or more, no cap on number of rewardsas of 16 Jun 2026

Eligibility: Singapore Citizens or Permanent Residents aged 21-55 only; no minimum income required. Foreigners are not eligible. Fixed S$500 credit limit. Fully digital application via the GXS app.

Who it’s for

The GXS FlexiCard is a cashback card from GXS Bank, best suited to people who spend on overseas spend and general spend. It's beginner-friendly and strong for overseas spend. It carries an annual fee, so weigh that against the rewards you'll genuinely use.

View official detailsAlways confirm the latest fees, rates and terms on the issuer’s site.

Sources

Last reviewed 16 Jun 2026.

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