Singlife Account

[reddevil0728]

its based on the monthiversary not the start of the month?

Former. Yes.

 

[ekardo]

is the withdrawal to dbs bank instantaneous ?? or how long is the delay?

 

[reddevil0728]

is the withdrawal to dbs bank instantaneous ?? or how long is the delay?

Should be quite FAST since they use FAST.

But they say it may take up to 3 hours.

 

[ekardo]

will try out now....as I am trying to make my singlife my cashflow bank...

 

[reddevil0728]

will try out now....as I am trying to make my singlife my cashflow bank...

sometimes doing it in the middle of the night might be longer if they have maintenance

 

[maumu]

will try out now....as I am trying to make my singlife my cashflow bank...

be mindful about the $20k transfer cap per day though... best to also have a separate account for cashflow (i'm using 0.5% FastSaver for < $50k).

 

[ekardo]

be mindful about the $20k transfer cap per day though... best to also have a separate account for cashflow (i'm using 0.5% FastSaver for < $50k).

yes, thinking of just putting another 20k to singlife for the EIR of 1.19%..

recommend you to use RHB for 0.8% first 50k...withdrawal is instantaneous.

 

[revhappy]

be mindful about the $20k transfer cap per day though... best to also have a separate account for cashflow (i'm using 0.5% FastSaver for < $50k).

You spend such big amounts in a day for your cashflow needs? I use Singlife, less than 10k for cashflow needs, just withdraw 1 day before into my DBS My Account, which is the real account from where all giro bills get paid.

 

[maumu]

yes, thinking of just putting another 20k to singlife for the EIR of 1.19%..

recommend you to use RHB for 0.8% first 50k...withdrawal is instantaneous.

is RHB reliable? heard some bad stories about delayed or missing transactions, etc...

You spend such big amounts in a day for your cashflow needs? I use Singlife, less than 10k for cashflow needs, just withdraw 1 day before into my DBS My Account, which is the real account from where all giro bills get paid.

well, sometimes you need to pull out $50k or more to put into some products and you don't have lead time to slowly withdraw $20k per day. at least that's my case.

 

[reddevil0728]

is RHB reliable? heard some bad stories about delayed or missing transactions, etc...



well, sometimes you need to pull out $50k or more to put into some products and you don't have lead time to slowly withdraw $20k per day. at least that's my case.

regulated by MAS

https://eservices.mas.gov.sg/fid/institution/detail/3331-RHB-BANK-BERHAD

been around for quite sometime also

 

[twosix]

RHB is one of the biggest banks of Indonesia.

 

[maumu]

regulated by MAS

https://eservices.mas.gov.sg/fid/institution/detail/3331-RHB-BANK-BERHAD

been around for quite sometime also

regulated doesn't mean fuss-free... is it this bank that I read about something like can transfer in but cannot transfer out? or account kena locked/frozen and need to do something to unlock.

something like that. end up i didn't think about opening it.

 

[reddevil0728]

RHB is one of the biggest banks of Indonesia.

eh malaysia you mean?

regulated doesn't mean fuss-free... is it this bank that I read about something like can transfer in but cannot transfer out? or account kena locked/frozen and need to do something to unlock.

something like that. end up i didn't think about opening it.

you are talking about missing transaction which is a big thing...

 

[tidalstorm]

is RHB reliable? heard some bad stories about delayed or missing transactions, etc...



well, sometimes you need to pull out $50k or more to put into some products and you don't have lead time to slowly withdraw $20k per day. at least that's my case.

Put 20k then. 1 time withdrawal.

Anyway after 10k is only 1%

 

[MrAppleCrumble]

Nov 1st coming. Time to withdraw out all earning and leave a $10k inside only

 

[reddevil0728]

Nov 1st coming. Time to withdraw out all earning and leave a $10k inside only

why? after 10k still 1% what

 

[meekiatah]

Briefly read through the last few pages. So, is it recommended to put money into this "bank" for interest sake?

Currently, I only park money in CIMB FastSaver (1%). This, even at 2%, is a better deal, albeit for first $10k only.

 

[reddevil0728]

Briefly read through the last few pages. So, is it recommended to put money into this "bank" for interest sake?

Currently, I only park money in CIMB FastSaver (1%). This, even at 2%, is a better deal, albeit for first $10k only.

What’s your concern?

 

[saintgtril]

yes, thinking of just putting another 20k to singlife for the EIR of 1.19%..

recommend you to use RHB for 0.8% first 50k...withdrawal is instantaneous.

Hi ekardo, please share how did you get 1.19% for SingLife. Thanks!

 

[ekardo]

Hi ekardo, please share how did you get 1.19% for SingLife. Thanks!

10k - 2%
10k to 100k - 1%

I am using the worst case of 100k to get EIR