Singlife Account

cassowary18

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1.5% is still a decent amount (I have the 0.5% bonus interest from spending on Singlife card), but sad to see the interest rate drop from the good old days of 2.5% (remember that?)
 

dappermen

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maumu

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Keep at most $30k inside bah. $10k for 1% and the remaining $20k for flexible withdrawals w/o fees (while earning 0.5%...).

Wanted to top up Gigantiq but realise there's a 70 cents charge per withdrawal.
Already max Dash PET ($30k) and EasyEarn ($20k).
Don't want to touch Elastiq to preserve the bonus at the end of 3 years.
Max Vivid.sg just below $20k

Running out of options already :(

Now praying for SSB rates to go up soon... can park 10 years above 2.5% I'll be happy already.
 

maumu

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SCB esaver already gives 0.5% without withdrawal limit, no need leave more than 10k inside singlife.
True. But Singlife credit the interest at month-end instead of eSaver's bonus interest which is by 7th working day of following month. So I think I'm keeping $10k + $20k for now and any excess... will move to eSaver.
 

Cobra!

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People tend to forget singlife came into existence for the owners to raise cash to acquire aviva. Thats now completed, time to close the platform.
 

DenOOO

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Keep at most $30k inside bah. $10k for 1% and the remaining $20k for flexible withdrawals w/o fees (while earning 0.5%...).

Wanted to top up Gigantiq but realise there's a 70 cents charge per withdrawal.
Already max Dash PET ($30k) and EasyEarn ($20k).
Don't want to touch Elastiq to preserve the bonus at the end of 3 years.
Max Vivid.sg just below $20k

Running out of options already :(

Now praying for SSB rates to go up soon... can park 10 years above 2.5% I'll be happy already.


20k into gigantiq for 2 days already gets you $1.08, which is more than sufficient to cover for the 70 cents fee, and each day you earn 1% ($0.54) as compared to Singlife's 0.5% ($0.27).

I dont see why you would leave it in Singlife tbh. :ROFLMAO:
 

DenOOO

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People tend to forget singlife came into existence for the owners to raise cash to acquire aviva. Thats now completed, time to close the platform.
Everywhere also dropping rates including Dash EasyEarn, Gigantiq, Dash PET.
 

maumu

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20k into gigantiq for 2 days already gets you $1.08, which is more than sufficient to cover for the 70 cents fee, and each day you earn 1% ($0.54) as compared to Singlife's 0.5% ($0.27).

I dont see why you would leave it in Singlife tbh. :ROFLMAO:

:unsure: you got a point.. LOL but only if you occasionally withdraw lah. otherwise it's like throwing away 70 cents every now and then.

is withdrawal from Gigantiq immediate and fuss-free?
 

reddevil0728

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Today interest dropped, many withdrawal until logo change from rosy red until face green green?

Everyone just leave $10k inside now..
how you know everyone just leave 10k only?
True. But Singlife credit the interest at month-end instead of eSaver's bonus interest which is by 7th working day of following month. So I think I'm keeping $10k + $20k for now and any excess... will move to eSaver.
singlife is the monthiversary of your account opening. not month end.
People tend to forget singlife came into existence for the owners to raise cash to acquire aviva. Thats now completed, time to close the platform.
earn they raise cash from who?
20k into gigantiq for 2 days already gets you $1.08, which is more than sufficient to cover for the 70 cents fee, and each day you earn 1% ($0.54) as compared to Singlife's 0.5% ($0.27).

I dont see why you would leave it in Singlife tbh. :ROFLMAO:
that's assuming people haven't max gigantiq
 

DenOOO

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:unsure: you got a point.. LOL but only if you occasionally withdraw lah. otherwise it's like throwing away 70 cents every now and then.

is withdrawal from Gigantiq immediate and fuss-free?
I saw someone from Gigantiq thread mentioned that it is immediate.
 
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