dbs savvy endowment plan

[ApexMan]

Any one know of this and pardon mine nooish question

It state min 5k
Up to 2.22% pa
So could I say

Per year I get 112.4 interest ?
And this is a 3 yr plan
So total I earn it
5344 ?

 

[Thoreldan]

Key word is 'up to'

 

[ApexMan]

Key word is 'up to'

So u mean it might be even lesser

 

[boredboiboi]

So u mean it might be even lesser

Yes correct, might be lesser

 

[bigrooster]

From rough calculation, without the non-guaranteed portion, annual return is not 2.22% but 1.15%.

 

[ApexMan]

From rough calculation, without the non-guaranteed portion, annual return is not 2.22% but 1.15%.

Gg than rstherc go FD

 

[boredboiboi]

Gg than rstherc go FD

Just launch by china taiping have 2.32% guaranteed also 3 years.

 

[lifeafter41]

From rough calculation, without the non-guaranteed portion, annual return is not 2.22% but 1.15%.

Ifs it’s this, then it a lousy return/product
Can’t even guarantee a 2.22%.

The recent NTUC capital plus or the just launched China Taiping gives better returns

Or even the Hsbc insurance, at 2.5