Singlife Account

[addict951]

Didnt read into details of tncs but,
does leave 10k, top up +$800 on last day of cycle, -$800 on day1 of cycle works?

No wor, you think you smart Singlife stupiak meh
If you top up $800 on the last day of the cycle only that last day will earn the extra .5% nia. The in front, say, 30 days will just earn base 3% nia.
y’all go check the top-up tracking feature.
If you never top up $800, the tracking bonus for 0.5% will forever show $0.00
Only when you top up $800, then next day you will start seeing a number appearing (and increasing as days gone by) instead of $0.00

 

[Potent]

No wor, you think you smart Singlife stupiak meh
If you top up $800 on the last day of the cycle only that last day will earn the extra .5% nia. The in front, say, 30 days will just earn base 3% nia.
y’all go check the top-up tracking feature.
If you never top up $800, the tracking bonus for 0.5% will forever show $0.00
Only when you top up $800, then next day you will start seeing a number appearing (and increasing as days gone by) instead of $0.00

This 3% is fixed yah?

 

[reddevil0728]

This 3% is fixed yah?

Fixed for as long as they say it is.

can change anytime.

 

[Devilsire]

No wor, you think you smart Singlife stupiak meh
If you top up $800 on the last day of the cycle only that last day will earn the extra .5% nia. The in front, say, 30 days will just earn base 3% nia.
y’all go check the top-up tracking feature.
If you never top up $800, the tracking bonus for 0.5% will forever show $0.00
Only when you top up $800, then next day you will start seeing a number appearing (and increasing as days gone by) instead of $0.00

just to share after i double checked mine
the topup tracker for bonus is retrospective for the whole cycle regardless of the the topup date
in any case the cap is at $10k i.e 0.5% ~$4/mth, assuming opportunity cost of 3%, $800 for 29days ~$2.
insignificant amount.

though no harm doing a topup d+0 & withdrawal d+1 to earnt that extra $4 every 2 mths

 

[reddevil0728]

Here’s what you need to know:

• From 1 July, the base return on your first S$10,000 will change from 3% p.a. to 2% p.a.
  
• Returns on amounts above S$10,000, up to S$100,000, and all bonus campaigns remain unchanged.

 

[mosmos]

 

[addict951]

(Pic)

Oh no!!! Nerfed!

 

[vaxvms]

Here’s what you need to know:

• From 1 July, the base return on your first S$10,000 will change from 3% p.a. to 2% p.a.
• Returns on amounts above S$10,000, up to S$100,000, and all bonus campaigns remain unchanged.

look like ice cream ...............need find other lobang upon maturity

 

[reddevil0728]

look like ice cream ...............need find other lobang upon maturity

What you mean by ice cream?

 

[greatgreenman]

At 2%, they are back to being a dud again. Unless people actually care about the insurance

 

[reddevil0728]

At 2%, they are back to being a dud again. Unless people actually care about the insurance

not exactly. it's all relative

 

[CrashWire]

At 2%, they are back to being a dud again. Unless people actually care about the insurance

What insurance? Extra 1% if you die?

 

[tiertime]

I topped up >$800 a few hours ago

The top up amount is already reflected in balance and transaction section , but

How come this section still indicated it is $0 top up as of 3rd Jun ? :
Click on balance amt > earned this period > Returns Dashboard > Top Up Tracker

 

[addict951]

I topped up >$800 a few hours ago

The top up amount is already reflected in balance and transaction section , but

How come this section still indicated it is $0 top up as of 3rd Jun ? :
Click on balance amt > earned this period > Returns Dashboard > Top Up Tracker

Need 24 hrs one
Tmr you check again then you will see $800/$800

 

[greatgreenman]

What insurance? Extra 1% if you die?

yeah life insurance for 105% of your account value I believe. basically, not very useful. Too many other options out there to find any use for the 2% p.a on 10k

 

[ekardo]

Time to move out. Maybe to SIF 2.28%

 

[Potent]

Time to move out. Maybe to SIF 2.28%

The banks musical chair to drop one by one. Taking turn.

 

[cassowary18]

yeah life insurance for 105% of your account value I believe. basically, not very useful. Too many other options out there to find any use for the 2% p.a on 10k

The extra 5% is so that they can tell regulators, hey this is a life insurance policy and not a bank account! But it's so peanuts that it's not worth considering as protection

 

[Potent]

Just checking as the rate is nerfed to 2% 1st July, minimum it stated is $100. If I emptied out to $0 no charges yah

 

[~sabaisabai~]

Just checking as the rate is nerfed to 2% 1st July, minimum it stated is $100. If I emptied out to $0 no charges yah

no charge