Singlife Account

[saintgtril]

Hi all, my account is finally opened. Wee. What is the maximum initial amount to deposit to take full advantage of the 2.5% p a? 10k? Thanks!

 

[nedlowe]

I've waited a week. Still no news.

Has this been sorted yet? If not PM me.

 

[nedlowe]

Don't think is compound whole month. Should be compound whole year only then can get near 2.5%

Based on current earning rate, if 1st deposit is $9777 from the start of the policy year and no withdrawal. Month 12th deposit is accumulated to $10k so whole policy year same interest rate for calculation. After one whole year total interest earn is about $243.97. Refer to the initial deposit of $9777 is 2.495% , close to the 2.5% target payout.

This is correct. I will get our FAQs updated to illustrate. Thanks!

 

[LionPlushie]

This is correct. I will get our FAQs updated to illustrate. Thanks!

i have yet to sign up but is it possible to know if all the 20k slots for the 2.5% interest for the first 10k are already taken up?

 

[BlueRobin]

Has this been sorted yet? If not PM me.

Not sorted. PM sent.

 

[nedlowe]

Hi all, my account is finally opened. Wee. What is the maximum initial amount to deposit to take full advantage of the 2.5% p a? 10k? Thanks!

Hi - yes, 10k. Note thought that the interest you earn above 10k is at 1% - so the interest on your interest will be at 1%, as it will already be above 10k. Thanks!

 

[nedlowe]

i have yet to sign up but is it possible to know if all the 20k slots for the 2.5% interest for the first 10k are already taken up?

You still have time to sign-up!

 

[nedlowe]

Not sorted. PM sent.

I tried to respond to your PM, but as a new user I don't have enough posts yet. I will send your details to our support team and get them to your check your KYC status. Thanks!

 

[exterminazn]

Have send my particulars to open account, have even sent an email request to create this

Is there anyone able help me?

 

[a4973]

Hi Ned, I've read that the name issue has been resolved? I have created an account last week where the sequence of my name per NRIC is different from my name in the singlife account. Is there a way I can amend it via the app?

 

[DenOOO]

Received my Singlife card

 

[DenOOO]

Hi Ned, I've read that the name issue has been resolved? I have created an account last week where the sequence of my name per NRIC is different from my name in the singlife account. Is there a way I can amend it via the app?

Maybe can check your profile in the app ?

Mine was updated to my full name despite it being partial at first due to character limitations.

 

[a4973]

Maybe can check your profile in the app ?

Mine was updated to my full name despite it being partial at first due to character limitations.

Thanks for the suggestion but not updated still same incorrect sequence.

 

[DenOOO]

Thanks for the suggestion but not updated still same incorrect sequence.

You mean your surname went to the back when surname in nric is at the front ?

Don't think this will cause problems.

I personally hate entering first name and last name, just one column enter everything is so much better.

 

[a4973]

You mean your surname went to the back when surname in nric is at the front ?

Don't think this will cause problems.

I personally hate entering first name and last name, just one column enter everything is so much better.

Yes that's right. The WhatsApp support did say that it's ok but since I saw an update in this thread I thought can amend it but no worries. Thanks

 

[ohmyglob]

The name I put as legal name is not my full name. Is there going to be a problem for insurance claims, etc? The debit card name is also not my full name which I don’t think it’s an issue...

Singlife sent me an email that they will go ahead to update my legal name in full. Will check my profile in the app another day

 

[nedlowe]

Yes that's right. The WhatsApp support did say that it's ok but since I saw an update in this thread I thought can amend it but no worries. Thanks

Hi - the update was around the initial checks and capture. We will release functionality to allow people to change their names (along with proof of updated details as you would expect). Let me know if you have any issues!

 

[Luffyace]

how is the card good for usage in overseas compare to youtrip and revolut ?

 

[hayabusa_future]

Has this been sorted yet? If not PM me.

Hi Ned, I'm also in the same situation. Been stuck with the "application pending" screen since 5 March. Any way you can help? (Don't have enough posts to PM you yet)

Thanks

 

[saintgtril]

Thanks all. So the answer to my question should be $9777. Not 10k then, based on the following clarification.

Hi all, my account is finally opened. Wee. What is the maximum initial amount to deposit to take full advantage of the 2.5% p a? 10k? Thanks!

Don't think is compound whole month. Should be compound whole year only then can get near 2.5%

Based on current earning rate, if 1st deposit is $9777 from the start of the policy year and no withdrawal. Month 12th deposit is accumulated to $10k so whole policy year same interest rate for calculation. After one whole year total interest earn is about $243.97. Refer to the initial deposit of $9777 is 2.495% , close to the 2.5% target payout.

From the cover page illustration, the interest earned in 1st month (31 days) on the 10k is 20.96.
It is about 2.4696%
Actual daily accumulating interest so far also about this rate.

Hi - yes, 10k. Note thought that the interest you earn above 10k is at 1% - so the interest on your interest will be at 1%, as it will already be above 10k. Thanks!