DBS changed its Mutiplier plan

reddevil0728

reddevil0728

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ericcsn said:
In my case, I received an immediate sms from manulife to confirm my savvy 19 insurance has been processed and is effective from today.
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This just mean it has been purchased does not mean it has been recognised
sglandscape said:
Can register first, end of week then fund also can
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But if already funded I think they deduct early
 
Cumzilla

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I bought the savvyendowment on 1st April, so by when will I see it captured in the insurance category? After 1st May?
 
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ericcsn

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Cumzilla said:
I bought the savvyendowment on 1st April, so by when will I see it captured in the insurance category? After 1st May?
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Tetrafox

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Just received the bonus interest for April 2025.

However, my insurance category was not clocked from my purchase of the Manulife Savyendowment bought in April 2024. Seems like there are some issues?

For March 2025, my tracker was showing (11/12) which means that I should be able to clocked for 1 more month in April 2025. But it was not the case.

Anyone faced similar issues?
I had left a message via ibanking.
 
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sglandscape

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Tetrafox said:
Just received the bonus interest for April 2025.

However, my insurance category was not clocked from my purchase of the Manulife Savyendowment bought in April 2024. Seems like there are some issues?

For March 2025, my tracker was showing (11/12) which means that I should be able to clocked for 1 more month in April 2025. But it was not the case.

Anyone faced similar issues?
I had left a message via ibanking.
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Your Manulife purchase in Apr will only be in effect from May onwards. For your 11/12 issue best to check with them, did not have any issue for mine though.
 
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maumu

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Tetrafox said:
Just received the bonus interest for April 2025.

However, my insurance category was not clocked from my purchase of the Manulife Savyendowment bought in April 2024. Seems like there are some issues?

For March 2025, my tracker was showing (11/12) which means that I should be able to clocked for 1 more month in April 2025. But it was not the case.

Anyone faced similar issues?
I had left a message via ibanking.
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Insurance bought in month X will only start counting in month (X+1), based on their FAQ, unless there's been an update.
 
S

seanlee71

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Tetrafox said:
Just received the bonus interest for April 2025.

However, my insurance category was not clocked from my purchase of the Manulife Savyendowment bought in April 2024. Seems like there are some issues?

For March 2025, my tracker was showing (11/12) which means that I should be able to clocked for 1 more month in April 2025. But it was not the case.

Anyone faced similar issues?
I had left a message via ibanking.
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If it was savvy 15 bought in April 2024, it would have lapsed in April 2025 cos of the one year term.
 
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vsvs24

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reddevil0728 said:
Bought in Apr 24 means 1/12 in May 24 so 12/12 in Apr 25 so correct ma
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ericcsn said:
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If bought before 15 Apr 2024, policy already mature before 15 Apr 2025.

Insurance recognized on 16 Apr 2025 but policy no longer in force.
 
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maumu

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Bought in Apr'24... should be:
- 1/12 in May'24 (bonus payable in Jun'24)
- 2/12 in Jun'24
...
- 11/12 in Mar'25
- 12/12 in Apr'25 (bonus payable in May'25)

I guess @Tetrafox has a case if he confirms his March Multiplier showed 11/12 and his April Multiplier shows 12/12?

once it's clocked it means the customer should be entitled for the BI right?
 
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vsvs24

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maumu said:
Bought in Apr'24... should be:
- 1/12 in May'24 (bonus payable in Jun'24)
- 2/12 in Jun'24
...
- 11/12 in Mar'25
- 12/12 in Apr'25 (bonus payable in May'25)

I guess @Tetrafox has a case if he confirms his March Multiplier showed 11/12 and his April Multiplier shows 12/12?

once it's clocked it means the customer should be entitled for the BI right?
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See my post above.
 
V

vsvs24

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Tetrafox said:
Just received the bonus interest for April 2025.

However, my insurance category was not clocked from my purchase of the Manulife Savyendowment bought in April 2024. Seems like there are some issues?

For March 2025, my tracker was showing (11/12) which means that I should be able to clocked for 1 more month in April 2025. But it was not the case.

Anyone faced similar issues?
I had left a message via ibanking.
Click to expand...

vsvs24 said:
If bought before 15 Apr 2024, policy already mature before 15 Apr 2025.

Insurance recognized on 16 Apr 2025 but policy no longer in force.
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Did your insurance policy mature before 16 Apr 2025 ?

Check if your bank and earn summary for Apr included the insurance. If have, got chance to appeal. If it excludes, will be difficult.
 
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