Dash PET

[silverbomb]

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.

Dash Pet > Withdraw to Dash Wallet > Withdraw to PayNow

Dash Wallet monthly withdrawal limit to PayNow is $3k monthly. it makes little sense to do so over 10 months, just pay the fee to withdraw if one wants to withdraw most of the fund and park it elsewhere to have better yield at 1 shot. the fee would be easily covered by better interest elsewhere.

 

[urban_desire]

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

Paid the paynow fees to withdraw and left 50 balance inside account.

 

[reddevil0728]

Paid the paynow fees to withdraw and left 50 balance inside account.

why do that though?

 

[urban_desire]

why do that though?

no reason, anyway can easily transfer to dash wallet free.

 

[reddevil0728]

no reason, anyway can easily transfer to dash wallet free.

ermmm. then why don't do that?

 

[silverbomb]

no reason, anyway can easily transfer to dash wallet free.

dont think u can go below the min balance they allow to move to dash wallet. you'll need to pay fee to withdraw that last $50 in future for any case.

 

[Sambuca78]

Mine has updated to 0.7%, I still have $18 in the floating interest, can I close the account immediately or should I wait for the flouting interest to deposit on 1 May first? Thanks.

 

[maumu]

Mine has updated to 0.7%, I still have $18 in the floating interest, can I close the account immediately or should I wait for the flouting interest to deposit on 1 May first? Thanks.

I think you can close immediately and collect the floating interest. in the app when you apply to surrender, they will show the nett amount you will collect, after deducting the 70 cents.

 

[Sambuca78]

I think you can close immediately and collect the floating interest. in the app when you apply to surrender, they will show the nett amount you will collect, after deducting the 70 cents.

Oic, thanks for the information

 

[thekh21]

Hi all,thinking of signing up pet.Tried changing password to the dash app keeps prompting error.Having second thoughts about parking money there.Anyone can advise?

 

[reddevil0728]

Hi all,thinking of signing up pet.Tried changing password to the dash app keeps prompting error.Having second thoughts about parking money there.Anyone can advise?

what's the error????? don't assume people know what error you are referring to.

 

[thekh21]

Tried ,been resolved.

 

[swathe]

Anyone who closed their account know how long it takes for the money to reach the bank?

 

[reddevil0728]

Anyone who closed their account know how long it takes for the money to reach the bank?

almost instant. because paynow

 

[chopra]

can close these things since tbill earns more


Read HWZ Forum Rules!

 

[maumu]

t-bills may be getting more yield now but they're still not as liquid unless you're able to sell immediately in secondary market if my understanding is correct. also not sure whether it may be at a loss if sold before maturity..?

dash pet on the other hand.. you can surrender and get back the money (minus 70 cents) immediately via paynow.

is new dash pet promo still 1.7%? it's not bad actually.

 

[reddevil0728]

can close these things since tbill earns more


Read HWZ Forum Rules!

Not equivalent.

 

[demoforce1]

t-bills may be getting more yield now but they're still not as liquid unless you're able to sell immediately in secondary market if my understanding is correct. also not sure whether it may be at a loss if sold before maturity..?

dash pet on the other hand.. you can surrender and get back the money (minus 70 cents) immediately via paynow.

is new dash pet promo still 1.7%? it's not bad actually.

I see max 1.5% https://dash.com.sg/dashpet
My dash pet reaches 1 year next month, can I close it once next month and open a new one for 1.5% again?

 

[reddevil0728]

I see max 1.5% https://dash.com.sg/dashpet
My dash pet reaches 1 year next month, can I close it once next month and open a new one for 1.5% again?

see re-purchase under T&Cs in the link

 

[demoforce1]

see re-purchase under T&Cs in the link

thank you

Re-purchase within the same Portfolio is not allowed once you cancelled/free look/surrendered your policy. You may submit a new application after a 12-month freeze period, subjected to the updated policy acceptance terms (if any). For full details, please refer to Eligibility Rule available at https://www.tiq.com.sg/Eligibility-rules.pdf.