Singlife Account

[S1mpleGuy]

so it's a 2.5% no brainer huh?

yes for first 10k

 

[demoforce1]

so it's a 2.5% no brainer huh?

wondering how they make use the deposit $, are they loan it out?

 

[memer5277]

Hi all, can i ask, i have interest amount earned to date (for month of July) as $1.81, but it is shown in the line below my account balance.

1) when will the interest amount be added to account balance

2) when can i withdraw the interest? end of July?

 

[S1mpleGuy]

Hi all, can i ask, i have interest amount earned to date (for month of July) as $1.81, but it is shown in the line below my account balance.

1) when will the interest amount be added to account balance

2) when can i withdraw the interest? end of July?

it will take 1month for it to be added to your account balance

 

[NTTDoCoMo]

Hi all, can i ask, i have interest amount earned to date (for month of July) as $1.81, but it is shown in the line below my account balance.

1) when will the interest amount be added to account balance

2) when can i withdraw the interest? end of July?

1) It depend on your account opening date. My account was opened on 9th of the month, interest is added to the balance on the 9th.

2) You can withdraw the interest once it is added to your account.

 

[1993newbie]

Will be added on the monthsary of ur account opening.

Mine opened on 20th Feb 2020. So every 20th my interest will credit in.

Hi all, can i ask, i have interest amount earned to date (for month of July) as $1.81, but it is shown in the line below my account balance.

1) when will the interest amount be added to account balance

2) when can i withdraw the interest? end of July?

 

[jess_sy]

can the app be able to see the daily interest?

 

[Thoreldan]

can the app be able to see the daily interest?

Yup you can

 

[jess_sy]

Yup you can

hmmm i still see $0.00 interest earned. when do they usually update?

 

[g_t2006]

1) It depend on your account opening date. My account was opened on 9th of the month, interest is added to the balance on the 9th.

2) You can withdraw the interest once it is added to your account.

Based on account opening date and not the date the funds were placed?

If I open account today and put in funds 10 days later, interest starts on the day I opened my account.....that's what you are saying?

 

[TiedInsurer]

hmmm i still see $0.00 interest earned. when do they usually update?

Everyday.
10kkj

 

[Intel888]

Tried to apply and saw this in one of the docs.

Current Crediting Rate Up to 2.50% p.a.
Guaranteed Crediting Rate 0.00% p.a.

Did anyone see the validity of the "current crediting rate", i.e. how long will it last?

 

[Thoreldan]

hmmm i still see $0.00 interest earned. when do they usually update?

How many days has passed ? Still $0 ?

 

[tiertime]

i deposited some cash in it 3 days ago and now i need to use the cash, if i withdraw it and put it back on the 1st Aug, will it affect the 2.5% interest ?

 

[mrspartanz]

hmmm i still see $0.00 interest earned. when do they usually update?

Hmm.. how much did you put inside? Cos the interest is reflected daily der..

Sent from Earth using GAGT

 

[peppermint7]

i deposited some cash in it 3 days ago and now i need to use the cash, if i withdraw it and put it back on the 1st Aug, will it affect the 2.5% interest ?

So long u maintain $500
Interest accrued daily

 

[matt219]

Based on account opening date and not the date the funds were placed?

If I open account today and put in funds 10 days later, interest starts on the day I opened my account.....that's what you are saying?

I might be wrong, but to me it looks like it's based on the day the account is officially funded. I opened an account on 26 May, I funded it on 9 June, until today the interest hasnt been credited yet to my account. If I'm right, it should be credited tomorrow.

 

[Mickey01]

Based on account opening date and not the date the funds were placed?

If I open account today and put in funds 10 days later, interest starts on the day I opened my account.....that's what you are saying?

This is an insurance savings account. The interest is credited based on policy month and not calendar month. If u have opened an account and not funded, there is no policy to begin with, how to start the counter?

 

[elf108]

Based on funded date lah.

 

[reddevil0728]

I might be wrong, but to me it looks like it's based on the day the account is officially funded. I opened an account on 26 May, I funded it on 9 June, until today the interest hasnt been credited yet to my account. If I'm right, it should be credited tomorrow.

huh. like that you are saying for 10 days you earn interest out of nothing?