Singlife Account

[lucky_]

Does anyone know what the actual working interest rate is from 10-100k ?
E.g. for the first 10k, rate is advertised as 2.5% but works out to be about 2.47% daily before compounding. Asking cos I'm not sure how to do the calculations.. Is it still 1%?

 

[supersnail0]

last time i also put money into SingLife account but after what the SC Jumpstart did (lowered their % to 1) a bit like not reliable.. i foresee the same thing happening to singlife tbh.

 

[Squaredot]

Instant is more likely when it is DBS to DBS transfer. If non-DBS maybe take longer. More importantly is that the reference is entered correctly in the recipient name. I initially put SingLife but later realized it should be my name. That is how SingLife is able to match the incoming funds to my account in SingLife.

No issue.
I named it Singlife and funds were credited to Singlife account in a few minutes. It's DBS to DBS transfer.

 

[Squaredot]

last time i also put money into SingLife account but after what the SC Jumpstart did (lowered their % to 1) a bit like not reliable.. i foresee the same thing happening to singlife tbh.

enjoy it while it last.

 

[reddevil0728]

Does anyone know what the actual working interest rate is from 10-100k ?
E.g. for the first 10k, rate is advertised as 2.5% but works out to be about 2.47% daily before compounding. Asking cos I'm not sure how to do the calculations.. Is it still 1%?

Anything above 10k but less than 100k is just 1% lor.

 

[reddevil0728]

last time i also put money into SingLife account but after what the SC Jumpstart did (lowered their % to 1) a bit like not reliable.. i foresee the same thing happening to singlife tbh.

Then when the time comes then change?

 

[liquidh]

Instant is more likely when it is DBS to DBS transfer. If non-DBS maybe take longer. More importantly is that the reference is entered correctly in the recipient name. I initially put SingLife but later realized it should be my name. That is how SingLife is able to match the incoming funds to my account in SingLife.

Ok. I contacted the CSO and said may take up to a day.

 

[tesarise]

last time i also put money into SingLife account but after what the SC Jumpstart did (lowered their % to 1) a bit like not reliable.. i foresee the same thing happening to singlife tbh.

unless you have somewhere better to park the cash RIGHT NOW, why care how Singlife is going to change the rates in the future.

 

[wongdawson]

JialatThisOne i try to PM u inbox full anyway i activate the card but no $10 credited

 

[JialatThisOne]

JialatThisOne i try to PM u inbox full anyway i activate the card but no $10 credited

Hi sorry just cleared let me check with you via PM, cheers!

 

[supersnail0]

Then when the time comes then change?

yea also can la eh but i saw this promo do you think its good? thinking of taking out from singlife to invest into this

https://www.policypal.com/endowment-insurance/flow/tiq/elastiq

 

[oceanicmanta]

yea also can la eh but i saw this promo do you think its good? thinking of taking out from singlife to invest into this

https://www.policypal.com/endowment-insurance/flow/tiq/elastiq

if u only have 10k, then SingLife 2.5%pa will be better

Elastiq, with vouchers & cash, will not be higher than this ... although u can lock in for longer 3 year period

 

[iphone88]

Singlife really no lockdown period?
I am confused for this statement in Singlife website"The Singlife Account is an insurance savings plan. It is neither a bank savings account nor fixed deposit. "

 

[reddevil0728]

Singlife really no lockdown period?
I am confused for this statement in Singlife website"The Singlife Account is an insurance savings plan. It is neither a bank savings account nor fixed deposit. "

Can say don’t have. That’s a factual statement

 

[manofsorrows]

What is the interest amount at the end of 1mth ? I calculated its like $20+ how come got some bros say $8 ?

 

[zenify.me]

What is the interest amount at the end of 1mth ? I calculated its like $20+ how come got some bros say $8 ?

$20.95 for me so far

 

[reddevil0728]

What is the interest amount at the end of 1mth ? I calculated its like $20+ how come got some bros say $8 ?

What did they say?

 

[limster]

What is the interest amount at the end of 1mth ? I calculated its like $20+ how come got some bros say $8 ?

pls share the link? maybe they deposit less?

 

[manofsorrows]

Post number #1700

pls share the link? maybe they deposit less?

 

[reddevil0728]

Post number #1700

Last month can mean a lot of things. End of last month? Early last month?