HWZ Forums

Login Register FAQ Mark Forums Read

Lastest S$ Deposit updates - Part 3

Like Tree103Likes
Reply
 
LinkBack Thread Tools
Old 11-09-2017, 07:57 PM   #841
Supremacy Member
 
Join Date: Nov 2015
Posts: 7,118
Think it's 500k max.... min 50k... if my memory is correct... just out a few days ago...
Min $10k...
qhong61 is offline   Reply With Quote
Old 11-09-2017, 09:25 PM   #842
Master Member
 
Mr.Canberra's Avatar
 
Join Date: May 2014
Posts: 3,959
Think it's 500k max.... min 50k... if my memory is correct... just out a few days ago...
Will recommend this to people with low risk appetite.
__________________
~ Stocks and bonds can go to zero but not Forex.

~ Provided margin is sufficient if no stop loss.
Mr.Canberra is offline   Reply With Quote
Old 12-09-2017, 07:55 AM   #843
Member
 
Join Date: Sep 2003
Posts: 270
Will recommend this to people with low risk appetite.
any idea if its sold thru OCBC?
a4973 is online now   Reply With Quote
Old 12-09-2017, 02:03 PM   #844
Senior Member
 
Join Date: Mar 2015
Posts: 1,360
I want but not GE existing customer
luckygal is offline   Reply With Quote
Old 13-09-2017, 06:05 PM   #845
Senior Member
 
merlot6230's Avatar
 
Join Date: Jan 2005
Posts: 572
I want but not GE existing customer

check whether your family anyone is GE customer or DPS scheme from HDB, sure no issue to be qualify.
merlot6230 is offline   Reply With Quote
Old 14-09-2017, 09:34 AM   #846
Arch-Supremacy Member
 
xtwis7's Avatar
 
Join Date: Oct 2006
Posts: 16,905
Even if not existing GE client also can buy. Just need to get any policy above $200/year and that will qualify you.


Just got a message from my GE agent.

just released New 3 Year Endowment... SDIC protected 100k... guaranteed capital... death protection during this 3 year period 101%... guaranteed yield 2.05% P.A. (if you choose annual yield payout)... 2.07% P.A. (if accumulate)...

not selling anything... just passing on info I receive... Very Good ? Very Bad? Not Bad?... any skeptical views? ... any violent objections? ... any better alternatives?

PS: must be existing GE policyholder..
__________________
Life is great.
xtwis7 is offline   Reply With Quote
Old 14-09-2017, 09:42 AM   #847
Member
 
Join Date: Sep 2003
Posts: 270
Even if not existing GE client also can buy. Just need to get any policy above $200/year and that will qualify you.
does this mean that non existing GE client needs to buy any GE policy above $200/year THEN can buy into the endowment policy?
a4973 is online now   Reply With Quote
Old 14-09-2017, 11:24 AM   #848
Arch-Supremacy Member
 
xtwis7's Avatar
 
Join Date: Oct 2006
Posts: 16,905
You can apply for both at the same time. As long as the any other GE policy is inforced within 30 days it's fine. So preferred policies are the personal accident plans or even general insurance like home, motor and annual travel.

does this mean that non existing GE client needs to buy any GE policy above $200/year THEN can buy into the endowment policy?
__________________
Life is great.
xtwis7 is offline   Reply With Quote
Old 14-09-2017, 12:54 PM   #849
Supremacy Member
 
Join Date: Nov 2015
Posts: 7,118
Even if not existing GE client also can buy. Just need to get any policy above $200/year and that will qualify you.
Is the 3 years single premium plan really worth buying?
Or just leave in FD and renew yearly?
Only looking at $20K.
qhong61 is offline   Reply With Quote
Old 14-09-2017, 01:11 PM   #850
Arch-Supremacy Member
 
xtwis7's Avatar
 
Join Date: Oct 2006
Posts: 16,905
Do you think you'll need this sum before 3 years even if some emergency comes up? I know FD has lower returns but it does offer a bit more liquidity.

Renewing every year based on FD rates will give you around 1.4-1.5% so if you're comfortable with locking up 3 years, why renew every year?

Is the 3 years single premium plan really worth buying?
Or just leave in FD and renew yearly?
Only looking at $20K.
__________________
Life is great.
xtwis7 is offline   Reply With Quote
Old 14-09-2017, 01:11 PM   #851
Member
 
Join Date: Sep 2003
Posts: 270
You can apply for both at the same time. As long as the any other GE policy is inforced within 30 days it's fine. So preferred policies are the personal accident plans or even general insurance like home, motor and annual travel.
thanks for replying
i already have a Single Premium endowment plan 5 years 1.88% bought via OCBC.
would that qualify as existing GE client?
i dont see this new endowment plan on OCBC's website so wondering if it is sold ONLY thru GE?
a4973 is online now   Reply With Quote
Old 14-09-2017, 03:05 PM   #852
Arch-Supremacy Member
 
xtwis7's Avatar
 
Join Date: Oct 2006
Posts: 16,905
As far as I know, OCBC should be carrying it too but I'm not sure how they're distributing it.

I have confirmed that you will qualify as an existing GE client alr so there's no need to fulfill the other criteria. Hope this helps!

thanks for replying
i already have a Single Premium endowment plan 5 years 1.88% bought via OCBC.
would that qualify as existing GE client?
i dont see this new endowment plan on OCBC's website so wondering if it is sold ONLY thru GE?
__________________
Life is great.
xtwis7 is offline   Reply With Quote
Old 15-09-2017, 07:07 PM   #853
Senior Member
 
tiertime's Avatar
 
Join Date: Jan 2011
Posts: 2,107
Anyone received their $10 credited for registering for PayNow with the banks?
tiertime is offline   Reply With Quote
Old 16-09-2017, 09:49 AM   #854
Junior Member
 
Join Date: Jul 2009
Posts: 81
Anyone received their $10 credited for registering for PayNow with the banks?
Got $5 from UOB only
tiertime likes this.
htc_user is offline   Reply With Quote
Old 18-09-2017, 02:57 PM   #855
Arch-Supremacy Member
 
Join Date: Aug 2011
Posts: 20,318
Got $5 from UOB only
how did you receive it? into bank account?
highsulphur is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On