Dash PET

[changruihao]

wow didnt know there was a limit. kind of misinformation advertising no lock in. a 30k account needs 10 months to clear it out

 

[ctan84]

wow didnt know there was a limit. kind of misinformation advertising no lock in. a 30k account needs 10 months to clear it out

What talking you. The limit is on the DASH wallet, not the transfer from PET. If you want to transfer the whole sum out or any amount > $3000, just pay that 70 cents for a FAST transfer to your bank account from PET.

 

[silverbomb]

I was able to withdraw $400 from Dash PET -> Dash Wallet -> Paynow to bank account. This is a nice feature, compared to Dash Easyearn to avoid the withdrawal fee


Is this 3k limit for a calendar month? Where can I see the details of this limit?

it's a dash limit which is only found out when i wasn't able to transfer out, only after calling the hotline then investigate alr then they tell me 3k was the limit.

 

[princessreiko]

Can someone please explain?
If I put in $10K for 1 year now, I will get 1.5% interest, ie $150 after 1 year?

What if I need to withdraw the money when 1 year is not up yet?
Any penalty?

Only can withdraw max $3k per month?

Yes there is a 3k limit / month. I couldn't find the information too, but now I have $2500 stuck in the wallet till 1st December coz I already withdrew $3000 from PET through the wallet to my bank account.

 

[silverbomb]

Can someone please explain?
If I put in $10K for 1 year now, I will get 1.5% interest, ie $150 after 1 year?

What if I need to withdraw the money when 1 year is not up yet?
Any penalty?

Only can withdraw max $3k per month?

interest is awarded monthly basis. if you leave it exactly 365 days without touching it, minimally $150 technically to put it simply. (because of compounding effect, and you didn't withdraw it the monthly interest will earn interest upon interest)

if you withdraw, interest is calculated based on pro-ration basis on the amount at end of each day basis. this principle is the same as a regular bank account, there's no major difference. no penalties. just fees at most (which comes to the next part)

i dunno why so many people are confusing the dash wallet withdrawal and direct withdrawal method. basically there is 2 way to withdraw. the original way is directly to bank account from the policy (you pay $0.70 per withdrawal) and can be any amount (capped at 20k per day). the 2nd method is the alternative method. you withdraw > dash wallet, dash wallet > bank account. the $3000 limit is the maximum withdrawal limit per month for dash wallet. if you already exceeded $3000 for dash wallet withdrawal that month, there is no stopping you from directly withdrawing by paying $0.70.

 

[revhappy]

Just signed up for this. You get 1.5% interest which is not bad. Also there is $10 cashback promo if you save $5000 or more before Nov 30th.

I just recieved the $10 in my Dash wallet

 

[saintgtril]

Hi all, what is the optimized method to start this account? I am new to this product, i vaguely remember one can start and top up using credit card?

Please correct me if i am wrong, looking for expert view! Appreciated.

 

[Cumzilla]

To open a new DASH PET account, I understand can fund from the DASH wallet, but the maximum amount inside the wallet at any one time is 3K. So if top up by credit/debit card to Dash wallet, the max is $500 monthly, which means it will take 6 months to accumulate to 3K. And once the account is opened, the feature to top up by credit/debit to the DASH wallet will be disabled, anyone actually goes thru that to eventually open this DASH PET?

 

[jaredho]

Hi, is this recommended over Singlife now or having both is good?

 

[reddevil0728]

Hi, is this recommended over Singlife now or having both is good?

depends on your objective?
purely yield? or need flexibility?
what's the issue with having both?

 

[jaredho]

depends on your objective?
purely yield? or need flexibility?
what's the issue with having both?

Looking at yield

 

[CrashWire]

Looking at yield

What difficulty are you having comparing between the two advertised percentages?

 

[Angelite]

Does anyone knows the interest rate for PET after 1 year ?

 

[reddevil0728]

Looking at yield

What difficulty are you having comparing between the two advertised percentages?

Agreed. Can just look at it yourself?

 

[maumu]

my 1.7% PET is maturing next month.. anyone already finished 1 year? what is the crediting rate after the 1st year?

 

[luvpraline]

my 1.7% PET is maturing next month.. anyone already finished 1 year? what is the crediting rate after the 1st year?

Me too.. no email from etiqa yet

 

[cassowary18]

I'm also waiting for email. But if you see the policy document, the projected crediting rate from 2nd year onwards is 1.00% for all account value. So if there's no email we can assume that this would be the crediting rate.

 

[wenguang]

my policy just reached 1 year, yes the crediting rate is adjusted to 1% for all value

 

[DOINK1]

my policy just reached 1 year, yes the crediting rate is adjusted to 1% for all value

Yup.. Just checked mine too.. Don't know where to park emergency money already. Have Singlife, dashpet, dash easyearn, vivid account and some SSBs...

Anyone knows where else to park. Gigantiq 0.7%???

 

[ctan84]

Yup.. Just checked mine too.. Don't know where to park emergency money already. Have Singlife, dashpet, dash easyearn, vivid account and some SSBs...

Anyone knows where else to park. Gigantiq 0.7%???

CIMB Fastsaver loh. 1% for first 10k if you open acct with CC application.