Etiqa’s ELASTIQ and SAVE3?

[maumu]

Why do they got such names like Tiq, Elastiq, and GIGANTIQ, etc? Sounds weired.

You have better names? Can suggest to them lor hahahaha..

 

[Utonian]

i didnt get any email about elastiq's drop in prevailing rate either! n also, i didnt receive the annual statement.. when did u get yours?

for the early adopters, the crediting rate was 2.02% (not 1.8%) that was guaranteed for 3yrs.. for us, this rate apply for both initial and also topup

 

[luvpraline]

the annual stmt was for my eEasy SaveV back in Jun 2020, when it's not even 1 year for something dated Mar 2020 ..

think their policy docs is inconsistent, some have some dont have

i signed up for eEasy SaveV too around april 2020 but didnt receive any statement since then...

 

[luvpraline]

for the early adopters, the crediting rate was 2.02% (not 1.8%) that was guaranteed for 3yrs.. for us, this rate apply for both initial and also topup

mine was the 1.8% tranche.. don't think it's right that they didnt inform us of the change in prevailing rate

 

[demoforce1]

mine was the 1.8% tranche.. don't think it's right that they didnt inform us of the change in prevailing rate

I don't get the email too and not see it on their website down to 1.5%

 

[Guojing88]

My guess is that closer to the date, they will send the notification to all of us.

 

[addict951]

Why all these saving plans all leestrict to $10-20K only hor?
Gibe us $100K limit rah

 

[TsukiSG]

Why all these saving plans all leestrict to $10-20K only hor?
Gibe us $100K limit rah

Elastiq is 200k.

 

[lurker88]

Just received email that the IR has been revised to 1.5%

Posted from PCWX using VOG-L29

 

[lurker88]

Hmm. Think is for subsequent top up

Posted from PCWX using VOG-L29

 

[spikeling]

Hmm. Think is for subsequent top u

Posted from PCWX using VOG-L29

1.5% applies for all top ups you have made since the day you started the policy. Not just for top ups from 1 Feb.

 

[kokjj87]

Those topup-ed amount will be kena cut.

Link to FAQ:https://www.tiq.com.sg/wp-content/u...Frequently-Asked-Questions-6-January-2021.pdf

 

[demoforce1]

Those topup-ed amount will be kena cut.

Link to FAQ:https://www.tiq.com.sg/wp-content/u...Frequently-Asked-Questions-6-January-2021.pdf

1.5% still not too bad

 

[Utonian]

1.5% still not too bad

definitely not bad comparing to the bank products available now.
especially since no hoops to jump and applies for top up amount

 

[Squaredot]

mine was the 1.8% tranche.. don't think it's right that they didnt inform us of the change in prevailing rate

Is it gg to be 1.5% for all holders

 

[kokjj87]

Anybody know what is the withdrawal lead time for elastiq? Planning to draw some out on 1 Feb.

 

[Utonian]

Is it gg to be 1.5% for all holders

unless you are in the earlier batch where 2.02% was fixed for 3yrs i think..

 

[Utonian]

Anybody know what is the withdrawal lead time for elastiq? Planning to draw some out on 1 Feb.

my last withdrawal was a few months back and it was instant at that time via fast.

 

[kokjj87]

my last withdrawal was a few months back and it was instant at that time via fast.

Ok cool. Thanks

 

[Utonian]

Any idea if the 200k limit is at any point in time?

Say have reach 200k then perform a partial redemption, are we able to top up again back to 200k?

Yes. 10char

Dear friends, just want to update on this. the official respond from Etiqa:

"Regardless of your total account value, we will calculated based on the amount of your single premium and the total adhoc top up you have performed for this Elastiq account."

so if you have done partial withdrawal, you will never get to top up till 200k account value again. If you have a need for funds, might want to consider using your other accounts (if available) which offers lower interest/shorter guaranteed interest period..