Gro capital ease 1.96% p.a

[boredboiboi]

Gro capital ease 1.96% p.a (previously is called capital plus)

Income - Launch of *3 years Single Premium Gro Capital Ease (CSN6) 1.96%*

Launch Date: *28 September 2020*
Limited Tranche

Highlights on Gro Capital Ease :

3-years non-participating Single premium
Guaranteed returns of 1.96% pa
Entry Age 10 - 80 ALB
Minimum $20,000
SRS and Cash

 

[seowcc]

Lock the money up for 3 years but give only 1.96%? Etiqa eEASY Save V gives 2.68% for 6 years lock-in; at least "more pain for more gain"

 

[Sleepybugger]

Lock the money up for 3 years but give only 1.96%? Etiqa eEASY Save V gives 2.68% for 6 years lock-in; at least "more pain for more gain"

This one seems to have upfront fees and end of 6years how much is not guaranteed. Seems like subject to changes/fees. Only 2.68% crediting is guaranteed. Illustration seems complicated.

I am open to be corrected. Trying to learn how to read products.

 

[maumu]

Lock the money up for 3 years but give only 1.96%? Etiqa eEASY Save V gives 2.68% for 6 years lock-in; at least "more pain for more gain"

1.96% for 3 years isn't too shabby, previous highest was 2.05% FD 3 years by Maybank.

Not everyone is comfortable with 6 years. Also some of us already capped 100k with Etiqa.

 

[a4973]

1.96% for 3 years isn't too shabby, previous highest was 2.05% FD 3 years by Maybank.

Not everyone is comfortable with 6 years. Also some of us already capped 100k with Etiqa.

FD if no choice got to break only lose interest. Premature break insurance will lose capital.

 

[seowcc]

More and more short-term universal insurance nowadays offering ~2%pa for first $XX,XXX amount.. Obviously, it is "cheap" money for these companies to use for their own investment and to buy new customer base. Given the pathetic bank interest rates, we can expect more such universal insurance products.

 

[boredboiboi]

More and more short-term universal insurance nowadays offering ~2%pa for first $XX,XXX amount.. Obviously, it is "cheap" money for these companies to use for their own investment and to buy new customer base. Given the pathetic bank interest rates, we can expect more such universal insurance products.

All along they have such plans, but the return has been dropping from above 2.3%, to near 2% and now below 2%

 

[BBCWatcher]

It's a decent offer in the current environment. The usual caveats apply to these plans, namely that they can be useful if you have a specific, substantial, Singapore dollar spending goal 3+ years from now and would like to save for that purpose. Here are common examples:

1. A wedding.

2. A down payment on a home and/or home renovation.

3. A university tuition bill.

4. Starting a small business, buying out a partner's share of a business, or similar.

5. A "trip of a lifetime."

These fixed deposit-like endowment plans are not suitable for emergency reserve funds, and they should not be used for long-term saving/investing.

 

[TerryPower]

still got 2 days to think through

i have 30k with NTUC already

 

[Squaredot]

Previous tranche gets vouchers for "early birds". This tranche wu bo?

 

[oceanicmanta]

Previous tranche gets vouchers for "early birds". This tranche wu bo?

which tranche got ??

i did in Nov2019 2.3% dont have leh

 

[Squaredot]

which tranche got ??

i did in Nov2019 2.3% dont have leh

The 2yr tranche before this. $20 or $50 only lah, cannot remember liao

But ocean bro should be laughing with the higher 2.3% tranche liao

 

[ALZW94]

anyone having issues applying online on their website? the thing takes ages to load and keep having some error message.

 

[boredboiboi]

anyone having issues applying online on their website? the thing takes ages to load and keep having some error message.

Nv but few FA fully subscribed already

 

[item2sell]

Yes. Took me multiple times. And paynow don’t work here

Use enets at the end.

The Ntuc agent says sign up online got capitavoucher.

 

[Squaredot]

Yes. Took me multiple times. And paynow don’t work here

Use enets at the end.

The Ntuc agent says sign up online got capitavoucher.

how much capitavoucher did u rec?

 

[item2sell]

She say $20 for 20k

 

[twinklingstars]

Sign up online can get $20 voucher?

 

[saintgtril]

Sign up online can get $20 voucher?

If someone can share the details, that will be great!

 

[bobobob]

Tried to get, agent says fully subscribed.