Singlife Account

[TiedInsurer]

Singlife claims that they don't charge any fees for forex, and that they use Visa's exchange rate. So meaning like Revolut/YouTrip? Anyone have rate comparisons available?

 

[DOINK1]

macam savings acc actually. Can take out any time. Money will be in less than 30min.

Received my first month interest lo. Tried to withdraw and it’s smooth. Minimum withdrawal is $100. Direct into ur bank account u keyed in.

Actually I have tried to withdraw the interest of less than 10 bucks and can be done. Yey!

 

[Sambuca78]

I wonder if anyone here really read the retrenchment benefits? And spend using this account?

 

[testingabc]

anyone got try login today? my app turn white screen today

 

[DenOOO]

anyone got try login today? my app turn white screen today

no issues.

 

[twinklingstars]

I just opened a singlife account.. Can I close the account and withdraw all the money at any one time?

Also, what is the minimum amount which I can withdraw?

Thank you!

 

[Justinhzw]

Seems quite straight forward to me. The SDIC will guarantee your account value. Your account value (For this SingLife account) is the total amount of premiums that you paid, plus any interest already paid out to you, less any monies that you have withdrawn.

Anyway, I'm sold. Funded $10k.

From the SDIC website, the PPF scheme only covers if:

you have a claim under a life insured policy which happened before the PPF Scheme member failed;
you have given notice to the life insurer that you want to surrender a life insured policy before the failure; or
if your policies have matured before the insurer fails; or
you have been receiving annuity payments,


So it means you can only claim if you have communicated your intention to withdraw before they fail?

Not very certain about this provision. Any views guys?

 

[testingabc]

no issues.

Thanks, just uninstall and reinstall. Issues solved.

I just opened a singlife account.. Can I close the account and withdraw all the money at any one time?

Also, what is the minimum amount which I can withdraw?

Thank you!

You can just withdraw all and zero out the account. I tried to withdraw $50 last month ok. They will send you a mail when you make a withdrawal.

 

[DenOOO]

I just opened a singlife account.. Can I close the account and withdraw all the money at any one time?

Also, what is the minimum amount which I can withdraw?

Thank you!

Just did a withdrawal of pure interest, $20+, no issues.

 

[twinklingstars]

Thanks for the reply everyone! I tried to do a transfer from my UOB and OCBC account but I can't seem to find singlife for the bank options..how do you guys transfer your funds over??

 

[testingabc]

Thanks for the reply everyone! I tried to do a transfer from my UOB and OCBC account but I can't seem to find singlife for the bank options..how do you guys transfer your funds over??

on the app, they gave me a dbs account for me to fast to.. see your app

 

[NTTDoCoMo]

Thanks for the reply everyone! I tried to do a transfer from my UOB and OCBC account but I can't seem to find singlife for the bank options..how do you guys transfer your funds over??

Select "Top Up", you will be able to see the details for FAST Transfer.

 

[JBC123]

Just did a withdrawal of pure interest, $20+, no issues.

Guys, I don’t have the withdraw function on the app. Is this right?

 

[JBC123]

Guys, I don’t have the withdraw function on the app. Is this right?

Never mind. Had to refresh the app repeatedlt

 

[KayElf]

Thanks, just uninstall and reinstall. Issues solved.



You can just withdraw all and zero out the account. I tried to withdraw $50 last month ok. They will send you a mail when you make a withdrawal.

I thought need to maintain a min $100 inside, as what shown in the app in the withdrawal page.

 

[TiedInsurer]

I thought need to maintain a min $100 inside, as what shown in the app in the withdrawal page.

The $100 is merely a suggestion as of now, and not hardcoded into the app. Though the T&Cs did say that if you fall below, and fail to topup after more than 60 days, they will do sonething. Can't remember what. Go read the T&Cs.

 

[neanea]

Singlife app really sxxks! Hangs half way during registration. I give up on them

 

[silverbomb]

The one thing I don't like about the app is it always ask me to key in my mobile number and otp each time I hibernate the app. Not close the app

Pdt is good at the moment, the app needs to improve

 

[crystalnox]

The one thing I don't like about the app is it always ask me to key in my mobile number and otp each time I hibernate the app. Not close the app

Pdt is good at the moment, the app needs to improve

No issue on iOS using either face id or fingerprint.

 

[DenOOO]

The one thing I don't like about the app is it always ask me to key in my mobile number and otp each time I hibernate the app. Not close the app

Pdt is good at the moment, the app needs to improve

Always killed apps when not using, no issues on android.