Dash PET

[deve2545]

Yap, mine updated to 0.7% p.a too for BOTH tranches : First $10K (from 1.7% p a) and above $10K (from 1.2% p.a.). Was trying to transfer some money to my Dash EasyEarn (still at 1.2% p.a). (1) Can anyone advise what the tranches are and the maximum amount we can put in for Dash EasyEarn (eg Is it 1.2% p.a for just the first $10K in EasyEarn or 1.2% p.a for above $10K to no upper limit as well)? (2) Also can anyone advise if there is a limit to Dash Wallet withdrawal per month? I had no problem withdrawing the first $2K from Dash PET to my Dash wallet (to avoid the 70 cents) and then to my bank account the first time but when I tried to withdraw $2K again the next day from my Dash Wallet to bank account, I got error message that the limit has been reached? (3) Where are you all parking the money from your reduced Dash PET (I have already maxed out the $10K for Singlife so no point transferring from a 0.7% p.a account to a 0.5% p.a. account). Also are you all surrendering everything in Dash PET or leaving some money behind to avoid account closure (in case interest rates go up again?)? Many thanks for your kind sharing and advice...

 

[reddevil0728]

Yap, mine updated to 0.7% p.a too for BOTH tranches : First $10K (from 1.7% p a) and above $10K (from 1.2% p.a.). Was trying to transfer some money to my Dash EasyEarn (still at 1.2% p.a). (1) Can anyone advise what the tranches are and the maximum amount we can put in for Dash EasyEarn (eg Is it 1.2% p.a for just the first $10K in EasyEarn or 1.2% p.a for above $10K to no upper limit as well)? (2) Also can anyone advise if there is a limit to Dash Wallet withdrawal per month? I had no problem withdrawing the first $2K from Dash PET to my Dash wallet (to avoid the 70 cents) and then to my bank account the first time but when I tried to withdraw $2K again the next day from my Dash Wallet to bank account, I got error message that the limit has been reached? (3) Where are you all parking the money from your reduced Dash PET (I have already maxed out the $10K for Singlife so no point transferring from a 0.7% p.a account to a 0.5% p.a. account). Also are you all surrendering everything in Dash PET or leaving some money behind to avoid account closure (in case interest rates go up again?)? Many thanks for your kind sharing and advice...

after typing this, did you take a look to see if it is that readable when you don't paragraph and is a wall of text?

 

[ekardo]

I tried to read but become giddy and dunno how to reply liao...

 

[heng_ah]

Yap, mine updated to 0.7% p.a too for BOTH tranches : First $10K (from 1.7% p a) and above $10K (from 1.2% p.a.). Was trying to transfer some money to my Dash EasyEarn (still at 1.2% p.a). (1) Can anyone advise what the tranches are and the maximum amount we can put in for Dash EasyEarn (eg Is it 1.2% p.a for just the first $10K in EasyEarn or 1.2% p.a for above $10K to no upper limit as well)? (2) Also can anyone advise if there is a limit to Dash Wallet withdrawal per month? I had no problem withdrawing the first $2K from Dash PET to my Dash wallet (to avoid the 70 cents) and then to my bank account the first time but when I tried to withdraw $2K again the next day from my Dash Wallet to bank account, I got error message that the limit has been reached? (3) Where are you all parking the money from your reduced Dash PET (I have already maxed out the $10K for Singlife so no point transferring from a 0.7% p.a account to a 0.5% p.a. account). Also are you all surrendering everything in Dash PET or leaving some money behind to avoid account closure (in case interest rates go up again?)? Many thanks for your kind sharing and advice...

1. call Etiqa hotline
2. Dash Wallet transfer out limits to $3000 per month.
3. Google this "Singapore Savings Bond"

 

[duhduhduh]

Does anyone try to close the dash pet and recreate a new one/ will it still be the 0.7%?

 

[reddevil0728]

Does anyone try to close the dash pet and recreate a new one/ will it still be the 0.7%?

i remb can't reopen within 1 year.

 

[deve2545]

1. call Etiqa hotline
2. Dash Wallet transfer out limits to $3000 per month.
3. Google this "Singapore Savings Bond"

Thank you for your response. I knew that Dash wallet can hold a max of $3K at any one time but I didn't know that there is a cap of $3K for transfer out from Dash wallet per month as well. Guess the only way now is to transfer out via PayNow (and incur the fees) if I wish to empty out my Dash PET (instead of my original plan of transferring $3K to Dash wallet then to bank account & repeat the process a few times) to park the funds elsewhere with higher interest...

 

[reddevil0728]

Thank you for your response. I knew that Dash wallet can hold a max of $3K at any one time but I didn't know that there is a cap of $3K for transfer out from Dash wallet per month as well. Guess the only way now is to transfer out via PayNow (and incur the fees) if I wish to empty out my Dash PET (instead of my original plan of transferring $3K to Dash wallet then to bank account & repeat the process a few times) to park the funds elsewhere with higher interest...

where you thinking of parking?

 

[deve2545]

where you thinking of parking?

Vivid Savings Account (1.3% p.a) but I need to confirm first how to overcome its biggest hurdle - no transfer to any bank account nor withdrawal allowed - just spending via its Mastercard. Can anyone in the know advise if I can top up my Grab wallet using its Mastercard followed by if the topped-up balance in the Grab wallet can then be transferred out to any bank account? Is this a workable round-about? Thanks...

 

[ekardo]

Vivid Savings Account (1.3% p.a) but I need to confirm first how to overcome its biggest hurdle - no transfer to any bank account nor withdrawal allowed - just spending via its Mastercard. Can anyone in the know advise if I can top up my Grab wallet using its Mastercard followed by if the topped-up balance in the Grab wallet can then be transferred out to any bank account? Is this a workable round-about? Thanks...

put $ inside but only can use for spending?? no no...too many ways to spend liao..

 

[silverbomb]

Vivid Savings Account (1.3% p.a) but I need to confirm first how to overcome its biggest hurdle - no transfer to any bank account nor withdrawal allowed - just spending via its Mastercard. Can anyone in the know advise if I can top up my Grab wallet using its Mastercard followed by if the topped-up balance in the Grab wallet can then be transferred out to any bank account? Is this a workable round-about? Thanks...

please go read the Vivid Thread, discussed to death there.

 

[swathe]

PET should close or withdraw all?

If withdraw $30k to Dash, can Dash withdraw $30k to bank immeditely?

 

[reddevil0728]

PET should close or withdraw all?

what you mean?

 

[deve2545]

PET should close or withdraw all?

If withdraw $30k to Dash, can Dash withdraw $30k to bank immeditely?

No. Dash wallet can hold max $3k at any one time and there is a cap of $3K transfer to any bank account PER MONTH (see threads above). Hence the only way I can see for you is to incur the fee and transfer the $30K via PayNow (instead of siphoning off $3K every month over 10 months).

 

[swathe]

Should withdraw all leaving $0 or just close the account

 

[reddevil0728]

Should withdraw all leaving $0 or just close the account

can withdraw to $0 and maintain account meh

 

[urban_desire]

Should withdraw all leaving $0 or just close the account

I left 50 inside, rest all withdraw.

 

[xRenol]

I left 50 inside, rest all withdraw.

Do you mean which of the following:

1. Withdraw $3,000 every month manually and left $50 inside your account
2. Surrender your policy but still able to leave $50 inside your account

 

[silverbomb]

Do you mean which of the following:

1. Withdraw $3,000 every month manually and left $50 inside your account
2. Surrender your policy but still able to leave $50 inside your account

there is no such thing as surrender policy and leave $50. Surrender means surrender, wave white flag.

to keep the account/policy active, $50 needed i believe.

Once you surrender the policy, you are barred from re-subscribing to Dash PET for next 1 year and they reserve the right not to re-admit as stated in their T&C.

 

[xRenol]

there is no such thing as surrender policy and leave $50. Surrender means surrender, wave white flag.

to keep the account/policy active, $50 needed i believe.

Once you surrender the policy, you are barred from re-subscribing to Dash PET for next 1 year and they reserve the right not to re-admit as stated in their T&C.

I am aware of the 12-month period - "If you wish to make a full withdrawal, you will need to request to surrender your policy. Please note that once your policy is surrendered, the add-on protection tagged to your policy will also be terminated and you may not make another purchase of this policy within a 12-month period.".

I am trying to understand what urban_desire means because the above people are asking about the withdrawal of $30,000 which requires 10 months through withdrawal mean.