Singlife Account

[chopra]

anyone tried withdrawing more than 20k b4? whats e penalty. i tried multiple times of $20k withdrawal jus now (didnt notice it says expect up to 3hr delay L

 

[reddevil0728]

anyone tried withdrawing more than 20k b4? whats e penalty. i tried multiple times of $20k withdrawal jus now (didnt notice it says expect up to 3hr delay L

How did you manage to withdraw more than 20k?

 

[chopra]

wa really can withdraw 30k. it's in my bank already

 

[a4973]

Like this can put more liao

 

[devion]

Pm me referral code.

 

[a4973]

Pm me referral code.

Done please check thanks

 

[maumu]

wa really can withdraw 30k. it's in my bank already

wow that's a first. but i noticed the timestamp is 00:xx... so I'm not sure if the two withdrawal requests are made on the same day (both before 00:00 or after 00:00) or split one before and one after so is considered as two separate days due to their system lag...?

maybe someone can try withdrawing multiple $20k during office hours see how.

 

[Cookie Muncher]

Protected by sdic 100k why so worried about withdrawal?

Also all insurance coy need to park money with mas. Relax la

 

[maumu]

Protected by sdic 100k why so worried about withdrawal?

Also all insurance coy need to park money with mas. Relax la

not sure which post are you responding to but the recent posts are referring to the withdrawal limit (of $20k a day, supposedly).

we're not talking about protection.

 

[chopra]

wow that's a first. but i noticed the timestamp is 00:xx... so I'm not sure if the two withdrawal requests are made on the same day (both before 00:00 or after 00:00) or split one before and one after so is considered as two separate days due to their system lag...?

maybe someone can try withdrawing multiple $20k during office hours see how.

same spore day at 0033 & 0041

 

[Velton]

Another $20 interest in pocket. Nice.

Sent from Apollo 13 using GAGT

 

[kevinbox]

Dear Valued Customer,

Singlife will be adjusting crediting rates on the Singlife Account from 2.5% to 2% per annum (p.a.) for the first S$10,000 starting from 1 November 2020.

There will be no change to the crediting rate of 1% p.a. for the next S$90,000 in your Singlife Account. This revision will be reflected in the policy endorsement available within the documents section of your Singlife App from 1 November 2020.

These crediting rates continue to remain competitive, and the best part is that there are no lock-ins or withdrawal fees.

We started our journey with a mission to reshape finance and since then more than 180,000 of you have downloaded the Singlife App. We believe in the importance of making your money work harder for you and we aim to continue on this path.

The good news is that it is still possible to keep earning 2.5% p.a. returns for the first S$10,000 through our upcoming Save, Spend, Earn Campaign*.

 

[manofsorrows]

Lai liao.. adjust to 2% liao !

 

[Velton]

Got email too.. drop to 2% already..

Sent from Apollo 13 using GAGT

 

[mosmos]

 

[popime]

So fast reduce interest liao....

 

[Batman_TheDarkKnight]

lai liao. sooner or later one. enjoy your last month of 2.5% everyone!

 

[kram62]

Well, this is not unexpected given the current market rates. 2% is still ok rate compared to other lock-free and no conditions options. Don't see any reason to move my 10k anywhere else for the time being.

 

[limster]

2% still ok for the 10k i am leaving there.

the rate is still higher than my SCB 1.88% 9-mth FD which just matured.... and I was happy to get a 1.88% FD rate already.

 

[gazar1]

Above $10k where else do you guys advise to put at?

Currently I have OCBC 360 and UOB one account.

Or is there any FD worth putting?