Singlife Account

[peppermint7]

Hi Miwa, we are currently in communication with DBS to resolve the delays that were reportedly affecting yesterday night's transactions. We are working to resolve this as we speak.

For verification purposes would you be able to provide me with your
Full Name
Mobile Number


seems like there’s really an issue

Yup i received the same message. Got to wait for them to investigate

 

[peppermint7]

They will count every cent just to make sure the interest is correct also. If off but a bit they will say is not 2%

No wonder u get voted for being the most annoying forumner in EDMW.

https://forums.hardwarezone.com.sg/eat-drink-man-woman-16/most-annoying-user-entire-hwz-forum-6375685-20.html

Comments like this is so uncalled for!

U mean deposits not reflected is usual????

 

[peppermint7]

people believe everybody is out to cheat them ma

U don't park yourself here and blabber nonsense. U dont have to comment when it comes to how others want to take charge of their finances. None of your business correct?

 

[peppermint7]

Apparently most people here wants free int by doing nothing and don’t want lock in period. They also don’t want to educate themselves with PPF and all those than keep thinking people want to elope with their cash

Bro chiu jin hardworking keep replying all queries. Jin respect chiu!

If don't lock in can NEVER have interest. Please re-evaluate your statement.

 

[dappermen]

i dont think singlife and some accounts will lock your $/deposits, but still they pay interests.......
and with just a min. amt meant to maintain the account ie not Locked to me

Locked means F.D

 

[peppermint7]

i dont think singlife and some accounts will lock your $/deposits, but still they pay interests.......
and with just a min. amt meant to maintain the account ie not Locked to me

Locked means F.D

Interest is accrued daily basis. U will get what you leave with them based on daily balances.

 

[peppermint7]

i’m glad i’m not alone! It’s not updated till now
Gonna check with customer service when they’re online

Received a reply from Singlife saying is depositing bank side having hiccups. They are trying to rectify it now

 

[kokjj87]

next 2 months cut again...

 

[dappermen]

Interest is accrued daily basis. U will get what you leave with them based on daily balances.

yes i know hence dont even need to get lock in singlife like an FD, u still get your interest......



but i dont get it why u said "If don't lock in can NEVER have interest. Please re-evaluate your statement."

 

[peppermint7]

yes i know hence dont even need to get lock in singlife like an FD, u still get your interest......



but i dont get it why u said "If don't lock in can NEVER have interest. Please re-evaluate your statement."

My statement refers to. U put in how much. You get how much. U will get nothing if you only put in less than minimum sum required

These forumners who mock at others non stop seems to think others didn't put in a single cent nor need to lock in 24 hours and expect optimal return?

And we have no right to question our own deposits and question why our deposits are missing?

 

[maumu]

next 2 months cut again...

you jjww-ing or got sauce? pls dun jinx...

 

[miwalix]

Received a reply from sc saying is depositing bank side having hiccups. They are trying to rectify it now

SC as in standard chartered?

 

[peppermint7]

SC as in standard chartered?

Singlife. My depositing bank is DBS. Yours?

Wanted to type SL but type wrongly as SC

 

[miwalix]

Singlife. My depositing bank is DBS. Yours?

Wanted to type SL but type wrongly as SC

haha ok! Yes i transferred from DBS as well!

 

[dappermen]

sg first S$ money ETF - locally domiciled ...so that u guys wont have to unduly worry and to rely so Much just on a singlife

not the first ETFs Philips has listed on our SGX (they have in USD too and as well as: https://phillipfunds.com/etfs/)
https://www.facebook.com/sgx.mygateway/videos/380836193085676/

closely correspond, before fees and expenses, to the performance of the FTSE SGD 3-month SOR Index.
With S$100 million in assets under management, it aims to offer fund managers and brokerage firms an additional liquidity management tool to improve the yield of their clients' cash deposits. Esp, at a time when investors are facing a "prolonged low-yield environment across international markets".

The board lot size for the ETF is 5 units. The minimum bid size is S$0.001. The ETF offers dual currency trading in Singapore Dollars (S$) and US Dollars (US$).

https://www.businesstimes.com.sg/co...t-etf-debuts-on-sgx-with-initial-aum-of-s100m

 

[kram62]

sg first S$ money ETF - locally domiciled ...so that u guys wont have to unduly worry and to rely so Much just on a singlife

not the first ETFs Philips has listed on our SGX (they have in USD too and as well as:
https://phillipfunds.com/etfs/
)

https://www.facebook.com/sgx.mygatew...0836193085676/

closely correspond, before fees and expenses, to the performance of the FTSE SGD 3-month SOR Index.
With S$100 million in assets under management, it aims to offer fund managers and brokerage firms an additional liquidity management tool to improve the yield of their clients' cash deposits.

The board lot size for the ETF is 5 units. The minimum bid size is S$0.001. The ETF offers dual currency trading in Singapore Dollars (S$) and US Dollars (US$).


https://www.businesstimes.com.sg/com...l-aum-of-s100m

Quoting BBCWatcher from the ST thread:

Yes: it's currently not particularly useful. It claims to track the 3 month SOR. Let's suppose the 3 month Swap Offered Rate is 17 basis points per annum currently. (About right.) Phillip charges 10 basis points as their management fee, so you'll net about 7 basis points per year, presumably. You then have broker commissions and exchange fees in and out....

....Does this look like something you'd want to bother with?

So if I understand correctly, you'd currently get 0.07% (0.17% SOR* - 0.10% management fees) return per year... Not comparable at all with singlife account

* source for the 3-month SOR: https://www.abs.org.sg/benchmark-rates/rates-sibor

 

[dappermen]

So if I understand correctly, you'd currently get 0.07% (0.17% SOR* - 0.10% management fees) return per year... Not comparable at all with singlife account
* source for the 3-month SOR: https://www.abs.org.sg/benchmark-rates/rates-sibor

oh maybe i read wrongly
I tot that even though it is a $ mkt ETF
its performance can still be like the hypothetical one like the one by Vangard : https://investor.vanguard.com/mutual-funds/profile/overview/vmfxx
or something like the graph : (click on performance tab)
http://www.csopasset.com/en/products/usd-money-market-etf

while i dont deny that the expected performance of $ mkt at this time may not be that rosy like in the past

https://www.blackrock.com/ca/indivi...-etf?switchLocale=y&siteEntryPassthrough=true

 

[miwalix]

Singlife. My depositing bank is DBS. Yours?

Wanted to type SL but type wrongly as SC

hey i’ve received my top up in singlife account

 

[peppermint7]

hey i’ve received my top up in singlife account

Thanks for the heads up!

 

[shadow84]

How do i use the singlife VISA card for USD purchases and how to see the rate?