Etiqa’s ELASTIQ and SAVE3?

[neanea]

should be total account value including the initial.
doubt anyone at the max or above 200k.. anyone can share?

Total amount in account cannot more than 200k?

 

[TsukiSG]

If I already subscribe to ELASTIQ and account value is far away lower from $200k maximum, currently it's meaningless to subscribe to GIGANTIQ or Dash EasyEarn right? Just top-up ELASTIQ will give me the same return?

 

[oceanicmanta]

If I already subscribe to ELASTIQ and account value is far away lower from $200k maximum, currently it's meaningless to subscribe to GIGANTIQ or Dash EasyEarn right? Just top-up ELASTIQ will give me the same return?

mayb 1212 Gigantiq got promo again from PolicyPal

 

[DOINK1]

Seem like Elastiq is close to subscribe. Only left Gigantiq.

 

[Utonian]

Total amount in account cannot more than 200k?

i think so as it does say can only top up to a maximum contribution of 200k....
So i can only assume the account is max at 200k per person. I am nowhere near that range so cannot find out .. unless someone out here can confirm?

https://www.tiq.com.sg/product/universal-life-insurance-elastiq/

"Customers can top up to a maximum contribution of S$200,000."

 

[Utonian]

If I already subscribe to ELASTIQ and account value is far away lower from $200k maximum, currently it's meaningless to subscribe to GIGANTIQ or Dash EasyEarn right? Just top-up ELASTIQ will give me the same return?

when the other banks started cutting interest, i moved some funds out to elastiq and now over the SDIC limit (at my own risk).

So far if you are still get getting the 1.8% its still worth to put into elastiq if you are below or not that concern about the SDIC 100k limit..

 

[GrandJedi]

1.8% for top-up until $200k seems like a very good deal for 3 years with flexibility to withdraw. Almost seems too good to be true in this low interest climate. I also have this account and would like to see if anyone knows what is the negative?

 

[TsukiSG]

1.8% for top-up until $200k seems like a very good deal for 3 years with flexibility to withdraw. Almost seems too good to be true in this low interest climate. I also have this account and would like to see if anyone knows what is the negative?

Crediting rate for top-ups is not guaranteed.

 

[pclow59]

i think so as it does say can only top up to a maximum contribution of 200k....
So i can only assume the account is max at 200k per person. I am nowhere near that range so cannot find out .. unless someone out here can confirm?

https://www.tiq.com.sg/product/universal-life-insurance-elastiq/

"Customers can top up to a maximum contribution of S$200,000."

Click on the link and it shows Fully subscribed!

 

[maumu]

actually i'm quite keen on easysave V - it's like a typical structured deposit, 6 years.

only issue is all my collective etiqa 'assets' already exceeded $100k.. so not sure if want to put in more or not (since not protected by SDIC).

those of you who've signed up easysave before, how's it like? every year just wait for coupon? i don't think anyone has hit 6 years yet...

 

[Utonian]

Click on the link and it shows Fully subscribed!

it is fully subscribed, your already missed the boat, wait for next one.

link provided for others to look at the FAQ as answering them on their query on withdrawal...

 

[wenguang]

The interest is credited every month, adding to the policy value. It is just that you will have penalty if you withdraw early within the 6 years.

actually i'm quite keen on easysave V - it's like a typical structured deposit, 6 years.

only issue is all my collective etiqa 'assets' already exceeded $100k.. so not sure if want to put in more or not (since not protected by SDIC).

those of you who've signed up easysave before, how's it like? every year just wait for coupon? i don't think anyone has hit 6 years yet...

 

[luvpraline]

actually i'm quite keen on easysave V - it's like a typical structured deposit, 6 years.

only issue is all my collective etiqa 'assets' already exceeded $100k.. so not sure if want to put in more or not (since not protected by SDIC).

those of you who've signed up easysave before, how's it like? every year just wait for coupon? i don't think anyone has hit 6 years yet...

no coupons.. interest credited monthly on policy anniversary date

 

[kokjj87]

Anybody know for ELASTIQ, if already have 200k inside. Any interest accumulated will earn interest?

 

[TsukiSG]

Anyone know if I have made top-ups before, subsequent withdraw will deduct from my premium or top-ups?

 

[yiron]

actually i'm quite keen on easysave V - it's like a typical structured deposit, 6 years.

only issue is all my collective etiqa 'assets' already exceeded $100k.. so not sure if want to put in more or not (since not protected by SDIC).

those of you who've signed up easysave before, how's it like? every year just wait for coupon? i don't think anyone has hit 6 years yet...

The sixth year penalty only 0.1% so pragmatically the lock up is only 5 years.

 

[maumu]

The sixth year penalty only 0.1% so pragmatically the lock up is only 5 years.

should i sign up from policypal or directly with etiqa?

etiqa gives $50 to the referrer... policypal like no referral/sign up rewards.

 

[oceanicmanta]

should i sign up from policypal or directly with etiqa?

etiqa gives $50 to the referrer... policypal like no referral/sign up rewards.

sign up directly with Etiqa ... obvious right

but eEasySave V ... make sure u understand the PPF cover

 

[maumu]

sign up directly with Etiqa ... obvious right

but eEasySave V ... make sure u understand the PPF cover

the company (linked to Maybank) looks pretty stable to me... at such shitty bank rates out there right, there's really like not much options unless one's willing to take on higher risk and play shares/funds.

i just want something stable... work my money harder and can sleep soundly at night

 

[lowveld]

Crediting rate for top-ups is not guaranteed.

Still 1.8% so far. Huat ah!