Great Eastern's 3-year 2.05% endowment plan

[a4973]

Just bought mine today.

For those who haven't committed, GE is ending it early. Tomorrow to be specific.

Ps. I am not an agent.

Would that be ending on Saturday 23 September or Sunday 24 September?

 

[Xenith]

wasted $15k locked up in FWD 2.02 3yr endowment plan a few weeks before this came out.

heard from my agent its closing today or has already closed.

 

[akwl88]

wasted $15k locked up in FWD 2.02 3yr endowment plan a few weeks before this came out.

heard from my agent its closing today or has already closed.

only diff of $4.50

 

[a4973]

those that did managed to sign up, did you choose to withdraw the interest yearly or accumulate?
those that chose to accumulate did you check past years to see if GE have achieved their bonus targets?
i believe the accumulate option yield is non guaranteed?

 

[plexxor]

Ended on Saturday 23 September

 

[limster]

only diff of $4.50

$4.50 complain, but his other plans that he bought, never complain?

 

[akwl88]

$4.50 complain, but his other plans that he bought, never complain?

$4.50 can jiak 1 cai png

 

[limster]

$4.50 can jiak 1 cai png

need to remind him of kinetic shu shu saying BUY NO SCARE, SCARE NO BUY

 

[maumu]

those that did managed to sign up, did you choose to withdraw the interest yearly or accumulate?
those that chose to accumulate did you check past years to see if GE have achieved their bonus targets?
i believe the accumulate option yield is non guaranteed?

this one is non-participating, so it's not tagged to their bonus targets/profits etc. I believe.

it's just like a fixed deposit + insurance cover combined into one. however there is penalty for early withdrawal... not very heavy penalty, around 5% I think. didn't pay attention to the BI but you can ask the agent to show you the details.

 

[BBCWatcher]

Ehhh guys, my agent is promoting the Great205 to me. Say limited time.

Great Eastern offered that deal ("GREAT205") this past September (2017), and it was fully subscribed within a few days. I'm not aware of Great Eastern reopening that offer, but if they are reopening GREAT205 it'll likely be popular.

On edit: Yes, it's reopening. This blog article has more details (link to the same article). I agree with the article that this is an interesting way to invest SRS funds if you're currently in a high tax bracket and expect to be retiring (age 62+) and in a low or zero tax bracket in a couple years. It's also a reasonable vehicle if you expect to have a major expense in about 3 years, such as a child's university tuition.

 

[keat84]

this one is non-participating, so it's not tagged to their bonus targets/profits etc. I believe.

Would that be ending on Saturday 23 September or Sunday 24 September?

Would that be ending on Saturday 23 September or Sunday 24 September?

Want to get but i no GE policy. ?

Can charge into any credit card ?

pardon me.How to buy ah?

GE I got mine thru OCBC branch. Existing policies include DPS. .

GE is launching another one call Great270, 5-year endowment with 2.7%pa guaranteed payout.

Call my wife to lock your appointment before the trenche is fully redeemed.
Sherry- nine0sixsix 51five8

 

[xtwis7]

Wah now openly share number?

Rather keep to PM for those who are keen.

 

[keat84]

Wah now openly share number?

Rather keep to PM for those who are keen.

never mind la, her number is open to public anyway.. agent ma.. hahaa

 

[chopra]

keat84.

u r lucky perisher is no longer moderator. stop advertising

 

[compro_1975]

Dun ad till so open la, we rather have a more neutral forum.. ok if I get from your Wife what goodies I would have? Pm me then

 

[ksteosin]

GE is launching another one call Great270, 5-year endowment with 2.7%pa guaranteed payout.

Call my wife to lock your appointment before the trenche is fully redeemed.
Sherry- nine0sixsix 51five8

Please advise, what is the minimum sum? Thanks

 

[shengliang1981]

Please advise, what is the minimum sum? Thanks

It's $20000

 

[shengliang1981]

Dun ad till so open la, we rather have a more neutral forum.. ok if I get from your Wife what goodies I would have? Pm me then

Pls pm me too. Thanks.

 

[xtwis7]

That’s if the person is aged 65-74.

It's $20000

 

[shengliang1981]

That’s if the person is aged 65-74.

Sorry, my bad. Probably i got the wrong info from OCBC staff earlier.