Dash PET

[peppermint7]

thanks peppermint7. you've been very patient and helpful

the thing is, I used $50 to open/activate PET 2 today... was not sure how to get the 3-year plan. if I want to buy $10,000, I should top up my PET 2 account with $10,000 - $50 + $1 = $9,951 correct? then proceed to buy $10,000 plan and pay by using PET 2 balance.

hope it works.

After u open Pet2, U go into Grow money, bottom got a box show 1/3 year fix plan stating Sign up now. You just follow the instruction and apply thru that box. (The only thing i dislike is i must keep fill up the form again whenever i want to add rider. )

After i apply thru the box it'll ask where u want to deduct the money from. I select Dash Pet 2. Then i come out and top up my Dash Pet 2 with 9951 (let's say i want to buy the 10k plan)
After that remember to go back to the application box that is waiting for you to complete and complete it that's all.

Remember to download Tiq by Etiqa (the one with a hex sign #)
You should see your policy in there stating processing. But date and maturity date all start from the date you apply. They didn't shortchanged us in that)

 

[peppermint7]

Vested, with funds due to be withdrawn from UOB Stash, dropping to 2% in July..

My stash only mature in Aug. Hopefully this one still have by then.. so now i put in a bit first. Better than nothing.

 

[Kayeesha]

I just manage to sign up and buy a small amount. Apparently max to transfer over via eNETS and paynow is only 50k. Or maybe theres a way to increase limit but i didn't explore that.

As i don't have active Dash Pet acc, i need to sign up and pay $50 via eNets to get it activated.

Once the account is up, u can select 1 or 3 years rider (No 5 years at all)

I selected 3 years. For eg i buy 10k 3 years rider. It'll lead me to deposit via enets or paynow but i select eNets.
As my initial deposit of $50 is there, so i only deposit 10000-49 = $9951

In total my balance after depositing 9951 +50 (already inside earlier on)
Is 10001.

Then i use that to purchase 10k 3 year plan. Balance left $1 inside to keep the main plan active

I learn this thru the kind forumer @mosmos who shared to us this method earlier on. Thank you!

Update: i just downloaded Tiq by Etiqa app (the one with a # sign) i saw my policy in there already

Hi @peppermint7, if I want to place more than $50k, presumably I can PayNow directly to the fixed rate plan.

How do I then transfer out the $49 from the Dash PET account? Can I transfer it to the Dash Wallet and then transfer to the bank account via FAST to avoid the $0.70 PayNow transfer fee charge from the Dash PET account? Thanks.

 

[peppermint7]

Hi @peppermint7, if I want to place more than $50k, presumably I can PayNow directly to the fixed rate plan.

How do I then transfer out the $49 from the Dash PET account? Can I transfer it to the Dash Wallet and then transfer to the bank account via FAST to avoid the $0.70 PayNow transfer fee charge from the Dash PET account? Thanks.

Dash wallet u need pay $1 to paynow out. U also need to pay $1 to transfer to bank. No longer FOC. That's why we do the $Amount - $49 way

If you intend to place 50k
After u open Pet2 with $50
U transfer 50k - $49 in.

But personally mayb i didn't go set my enets higher. So mine show i can only transfer $49950 in after my initial transfer of $50 in. But after i use it to buy a tranch, i can re transfer another 50k minus my $1 in there. Anyway it doesn't matter as we can open many riders. Just the need to re-key in the form again and again is a bit... meh

 

[Ahboy069]

Ok done with 10k for 3 years to try out
Left 50 in dashpet 1% account
Cause I try to use 10k exact for premium leaning 0 in account they don allow

 

[maumu]

... But after i use it to buy a tranch, i can re transfer another 50k minus my $1 in there. Anyway it doesn't matter as we can open many riders. Just the need to re-key in the form again and again is a bit... meh

oh we can buy multiple plans using the same PET 2 account, like $50k + $50k?

that's nice... in case of emergency need to surrender.

but how do we top up more than $50k? when I try to top up it says max. $49,949 (I currently have $50.01 in the Dash 2 PET balance)

 

[EDMW-Hates-Me]

Ok done with 10k for 3 years to try out
Left 50 in dashpet 1% account
Cause I try to use 10k exact for premium leaning 0 in account they don allow

How is the daily interest calculated for $50? Do they round up or something?

oh we can buy multiple plans using the same PET 2 account, like $50k + $50k?

that's nice... in case of emergency need to surrender.

but how do we top up more than $50k? when I try to top up it says max. $49,949 (I currently have $50.01 in the Dash 2 PET balance)

Cannot top more than 50k. Max buy in 49k tranches with the wallet... Use the wallet for one tranche if you want to use the 49 bucks then use enets / paynow directly to buy the 2nd tranche.

 

[maumu]

How is the daily interest calculated for $50? Do they round up or something?

it's only $0.01

Cannot buy 50k with PET 2. Buy 49k then top up again to buy another 49k or just use enets / paynow to buy the remaining amount > 50k.

really very troublesome this Dash. seems like better to split into smaller tranches like 40k, 20k and so on.

and DBS just blocked my top up saying it's suspicious, need to wait for 6 hrs

 

[EDMW-Hates-Me]

it's only $0.01


really very troublesome this Dash. seems like better to split into smaller tranches like 40k, 20k and so on.

and DBS just blocked my top up saying it's suspicious, need to wait for 6 hrs

Every day $0.01 for $50 is an excellent deal leh. Did we 聪明反被聪明误？

 

[maumu]

Every day $0.01 for $50 is an excellent deal leh. Did we 聪明反被聪明误？

it shows $0.01 but it's only one day after I opened the PET 2, not sure if backend they really add $0.01 every day or not.

probably will be clearer tomorrow to see if it jumps to $0.02 or remains at $0.01 (means their system stores more decimal places).

 

[peppermint7]

Every day $0.01 for $50 is an excellent deal leh. Did we 聪明反被聪明误？

Aiyo i leave $1 in there also gotten 1c leh. Btw i read somewhere make sure you strictly don't fall below $1 as if it does, our riders will lapse and it says it could happen let's say if u buy add on insurance and the amount deduct from pet2 leading to main sum fall below $1. So do becareful of that. I tried finding what i read back but still couldn't find. Anyway please take note not to let it fall below $1.

 

[bumdssa]

everyone went for the 3 years one?

 

[peppermint7]

I actually bought in 2 tranches yesterday. The 2nd rider i bought is active now reflected in Dash Pet2 but the 1st one still in process.

Also in Tiq app it is nothing. Still haven't reflect anything. Yesterday i saw what i bought reflected in there. Today it's empty. I suppose they are in the process of approving and updating. Will check back later on the status.

 

[peppermint7]

everyone went for the 3 years one?

The sky's falling so need a cave to hide. Some prefer to hide 1 year, some prefer 3. Personally i selected 3. Park a little here b4 the sky turns darker

 

[bumdssa]

The sky's falling so need a cave to hide. Some prefer to hide 1 year, some prefer 3. Personally i selected 3. Park a little here b4 the sky turns darker

true. thinking how much to put since sdic only covers 100k...

 

[IcYFl4mEz]

I just manage to sign up and buy a small amount. Apparently max to transfer over via eNETS and paynow is only 50k. Or maybe theres a way to increase limit but i didn't explore that.

As i don't have active Dash Pet acc, i need to sign up and pay $50 via eNets to get it activated.

Once the account is up, u can select 1 or 3 years rider (No 5 years at all)

I selected 3 years. For eg i buy 10k 3 years rider. It'll lead me to deposit via enets or paynow but i select eNets.
As my initial deposit of $50 is there, so i only deposit 10000-49 = $9951

In total my balance after depositing 9951 +50 (already inside earlier on)
Is 10001.

Then i use that to purchase 10k 3 year plan. Balance left $1 inside to keep the main plan active

I learn this thru the kind forumer @mosmos who shared to us this method earlier on. Thank you!

Update: i just downloaded Tiq by Etiqa app (the one with a # sign) i saw my policy in there already

So after depositing $50, you go and select the riders etc.
then they ask you to top up. How long of time do you have to top up?
after you top up, the money go into your pet 2 wallet?
then you need go back to the rider and choose the money from pet 2 wallet to activate the rider?

 

[peppermint7]

true. thinking how much to put since sdic only covers 100k...

Don't think is 100k. This is insurance not bank. It'll pay you only the surrender rate. Let's say u put in 200k but surrender rate is 160k then u only get 160k

https://www.sdic.org.sg/pp_faq/#1668931995935-be201bfe-4712

Upon death, it'll pay 105%.

 

[peppermint7]

So after depositing $50, you go and select the riders etc.
then they ask you to top up. How long of time do you have to top up?
after you top up, the money go into your pet 2 wallet?
then you need go back to the rider and choose the money from pet 2 wallet to activate the rider?

I actually went straight back to pet2 wallet to top up. Then go back to the application box that is waiting to proceed / continue transfer from Pet2 to complete the process.

Yes what u said is correct.

 

[IcYFl4mEz]

I actually went straight back to pet2 wallet to top up. Then go back to the application box that is waiting to proceed / continue transfer from Pet2 to complete the process.

Yes what u said is correct.

So technically, your rider application is halfway thru. ultimately just make sure your dash pet acct 2 got $10001, then start the rider application is the same right?

 

[peppermint7]

So technically, your rider application is halfway thru. ultimately just make sure your dash pet acct 2 got $10001, then start the rider application is the same right?

Yes you're correct. But enets only allow top up to 50k IN TOTAL in pet2 wallet. I don't think you can put in 100k. It seems to be pet2 wallet limitation