Singlife Account

[ashethen]

Singlife card is a debit card right?

 

[cassowary18]

Singlife card is a debit card right?

Yes

 

[bruiser69]

Not really fixed if you include the 2 promotion campaigns.

Potentially up to 2% for first 10k if you fulfill both campaigns.

So it is just another $100 on an annual basis at most, if you use both the card and Grow.

 

[bruiser69]

I think it's a known trick but honestly for extra 0.5% for $10k, that's about $4+ per month

I think the promotion is on for 6 months till Dec 2021. So about $25 max for this extra 0.5%

 

[maumu]

I think the promotion is on for 6 months till Dec 2021. So about $25 max for this extra 0.5%

likely to continue into 2022.. especially if they're losing customers or capital due to the cut interest rates.

and public announcement - they have reverted their app to red color lol!

 

[Perisher]

I withdraw all funds liao. 1-1.5% not worth my time.

 

[reddevil0728]

I withdraw all funds liao. 1-1.5% not worth my time.

Where did you move the funds to?

 

[Perisher]

Where did you move the funds to?

Endowus, $500 for $50,000 deposit. It’s not the risk free interest but it doesn’t matter. That $50,000 won’t be there for more than 6month.

 

[bruiser69]

All these boutique funds may give your a higher rate of return but the corresponding risks are higher too, I prefer to sleep well at night.

 

[sansanjikikut]

All these boutique funds may give your a higher rate of return but the corresponding risks are higher too, I prefer to sleep well at night.

Boutique meaning similar logic to boutique hotels?

 

[demoforce1]

can we see if spend $500 on the app?

 

[bruiser69]

Boutique meaning similar logic to boutique hotels?

To me meaning smaller sized players but serving niche areas

 

[vsvs24]

can we see if spend $500 on the app?

There is a spend tracker which will show. But only update next day after spend

 

[maumu]

hi guys, roughly how long did it take for them to mail the card to you? is it really as long as 10 working days or is it actually shorter like 2 to 3 working days?

thanks.

 

[demoforce1]

There is a spend tracker which will show. But only update next day after spend

Where do you see the spend tracker? I only see "recent activity"

 

[vsvs24]

Where do you see the spend tracker? I only see "recent activity"

At manage screen, it shows your balance and how much earned this period with an arrow. Tap on the arrow. You will see returns dashboard. At the top there is 3 tabs. Click the tab card spend tracker.

 

[bruiser69]

SCB esaver already gives 0.5% without withdrawal limit, no need leave more than 10k inside singlife.

Be very careful of SCB's 0.5% though. It is for FRESH funds only, and the promotion runs for 2 months only. i.e. June to July.

So as an example, if your funds average balance is $74k in May and $1k deposit in June, your interest rate is calculated as 0.05% x $74k + 0.45% x $1k. And if you don't deposit any money in July, then your interest will only be calculated as 0.05% x $75k + 0.45% x $0k

You will be much worse off then if you had just left the funds alone in Singlife etc.

 

[Sprinter261]

hi guys, roughly how long did it take for them to mail the card to you? is it really as long as 10 working days or is it actually shorter like 2 to 3 working days?

thanks.

Requested mine on 4 Jul, received it today.. So 6 working days..

 

[demoforce1]

At manage screen, it shows your balance and how much earned this period with an arrow. Tap on the arrow. You will see returns dashboard. At the top there is 3 tabs. Click the tab card spend tracker.

found it, never realize that arrow can be tap, they should hire a better ux designer

 

[bruiser69]

Guys, any new lobang? The only safe and guaranteed returns is 0.5% for singlife?