Singlife Account

reddevil0728

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i deposit 10k, last month it stated i earn 8 dollars, i withdraw 8 dollars out, my account was 9992, it stated i earn 15 dollars now, but my account still 9992. why? why did the interest go?

There are 2 lines under “you have”

Line 1: balance
Line 2: interest earned but uncredited.

Is it you go withdraw before the interest was credit on monthiversary?
 

b0ib0ii

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Hi all, would like to check if let’s say I park in 10K into singlife, what will be the interest rate ? Is it 2.5% or 1%?

As for the interest , does it reflects daily ? If it reflects daily wouldn’t the interest rate be 1% since it went past the first 10k?

Also am I right to say that the withdrawal of interest can only be withdraw on the next month ( the day you park your money) ?
 

reddevil0728

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Hi all, would like to check if let’s say I park in 10K into singlife, what will be the interest rate ? Is it 2.5% or 1%?

As for the interest , does it reflects daily ? If it reflects daily wouldn’t the interest rate be 1% since it went past the first 10k?

Also am I right to say that the withdrawal of interest can only be withdraw on the next month ( the day you park your money) ?

2.5%

Interest reflected daily, but credited on monthiversary of acc opening so no interest on interest.

Ya
 

tesarise

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Hi all, would like to check if let’s say I park in 10K into singlife, what will be the interest rate ? Is it 2.5% or 1%?

As for the interest , does it reflects daily ? If it reflects daily wouldn’t the interest rate be 1% since it went past the first 10k?

Also am I right to say that the withdrawal of interest can only be withdraw on the next month ( the day you park your money) ?

2.5%

Interest reflected daily, but credited on monthiversary of acc opening so no interest on interest.

Ya

and also, it is just the portion that exceeded 10k that will get 1%. your initial 10k still getting 2.5%
 

MrAppleCrumble

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I got a question. I just got my singlife card. Is there any transaction limit to it daily? How much per transaction?
 

revhappy

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I got a question. I just got my singlife card. Is there any transaction limit to it daily? How much per transaction?

In the app it say 5k limit daily. But why would you use this card? There is absolutely no point. It is a visa card, not nets. Whereever visa is accepted you could use a credit card instead. If it was nets, it would have been useful.
 

Slowdown

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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.

Been 2 hours not seen funds.
 

reddevil0728

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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.

Thought they quite clear with how you should be naming it?
 
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