0.5% extra for the first 10k only right ?Singlife extended their bonus 0.5% for Card spend and 0.5% for Grow spend until 31 Dec 2022
good, awesome!Singlife extended their bonus 0.5% for Card spend and 0.5% for Grow spend until 31 Dec 2022
Yup0.5% extra for the first 10k only right ?
been similar for sometime???Anyone knows where the withdrawal option is now with the app update with AVIVA? Can't find anywhere to withdraw
what do you mean singlife account?App now allows withdrawal to singlife account. Good
if you have $100 to spare, just leave it inside to keep the account active.any idea how to close the acct? i want to withdraw everthg and close... the interest rate not attractive anymore. read thru the faq on their website but doesnt say how to terminate the acct
Good suggestion. There was a time they freeze opening of new accounts.if you have $100 to spare, just leave it inside to keep the account active.
there comes a day where interest rates increases and decreases, past 1-2 years was a bad interest environment but singlife may come revisiting the interest rates higher (who knows). the only issue is that because these are operated like policy per se, once you terminate aka "surrender" the policy, you may or may not be able to reopen the account. some accounts such like Singlife and Gigantiq has clauses that says that they may not allow you to reopen an account with them in future.
Multiplier and singlife has not improved the rates so far. It’s all on downward trend since both products inception afaik. Correct me if I’m wrong..
Hi, i think otherwise. They offer one of the highest interests (1.0% + 0.5% for debit spend) with not much strings attached + flexibility to withdraw, though their apps is still not up to standard. Lol.any idea how to close the acct? i want to withdraw everthg and close... the interest rate not attractive anymore. read thru the faq on their website but doesnt say how to terminate the acct
Singaporeans love to hoard cash. So if the interest rate go down they LLST still keep their money in the bank account. Plus interest rates are still considered low.Multiplier and singlife has not improved the rates so far. It’s all on downward trend since both products inception afaik. Correct me if I’m wrong..
Only some Singaporeans like to shift funds. Majority too lazy or ignorant. Around all my family and friends, only another friend and me shift funds to get the highest possible interest. The rest just stay put even if interest is low.Singaporeans love to hoard cash. So if the interest rate go down they LLST still keep their money in the bank account. Plus interest rates are still considered low.
The other thing also is that Singaporeans like to shift their money around to whichever bank has the highest interest rate. Maybe that will push banks to offer better interest rates.
Hopefully bank/insurance savings plan interest rates go up when Fed hikes rates. Otherwise I'll shift my emergency funds to SSB.
Although now shifting of funds is easy with a few taps there are administration hassle for some ppl. They may have multiple bank acct maybe in different FD and they need make sure once shift out still meet minimum balance for those that got such rules etcOnly some Singaporeans like to shift funds. Majority too lazy or ignorant. Around all my family and friends, only another friend and me shift funds to get the highest possible interest. The rest just stay put even if interest is low.
Like this kind of Singlife $10,000, they will say forget it.
Some will not because they will say Singlife not a bank so they worried. Plus some people especially elderly prefer to go in person to branch.If Singlife can extend the 10k limit of up to 1% interest to 100k or higher for that interest I am sure ppl will shift in despite the hassle. I know I will.