Singlife Account

[silverbomb]

Does anybody know if i use the Singlife debit card to spend a 1 time lump sum $500+ by e.g. 25 Sep,
will i earn the 0.5% bonus interest for the 1st 10k deposit starting from 25 Sep or for the full month ?

the $500 spending is to unlock the extra interest for the next period's (based on monthly anniversary date)

 

[ashethen]

did u call them or they auto rectify for u witihout u asking ?

last 2 months they blocked one of my family's debit card, this month they auto unblock...

Did nothing. Just login next day and saw it tracked

 

[alchemist_acid]

Problem with Singlife's app (andriod version) after today's update
App crashes upon starting

 

[tesarise]

Problem with Singlife's app (andriod version) after today's update
App crashes upon starting

already opened a ticket to complain

 

[Velton]

Most of you guys still putting 10k here for 1% interest? Not sure if it is time for me to move it to a better instrument. Any recommendations?

 

[reddevil0728]

Most of you guys still putting 10k here for 1% interest? Not sure if it is time for me to move it to a better instrument. Any recommendations?

isn't about what people do. so about whether you have an alternative where you are comfortable with the associated "cons" vis-a-vis singlife

 

[tesarise]

Most of you guys still putting 10k here for 1% interest? Not sure if it is time for me to move it to a better instrument. Any recommendations?

Better or not will depend on:
1. How much you need to park
2. How much liquidity you need
3. How much risk you willing to take
4. How many special conditions you willing/able to fulfill

 

[maumu]

Problem with Singlife's app (andriod version) after today's update
App crashes upon starting

already opened a ticket to complain

I tried uninstall and reinstall last night.. didn't work.

then today I tried uninstall, reboot phone and reinstall, it worked.

 

[tesarise]

I tried uninstall and reinstall last night.. didn't work.

then today I tried uninstall, reboot phone and reinstall, it worked.

thanks. followed your steps and now it works

 

[ekardo]

Better or not will depend on:
1. How much you need to park
2. How much liquidity you need
3. How much risk you willing to take
4. How many special conditions you willing/able to fulfill

only 10k, need to think so much?
the interest earn is insignificant lah.

 

[reddevil0728]

only 10k, need to think so much?
the interest earn is insignificant lah.

it's the alternative that gotta think more

 

[ekardo]

nothing to think...cos no other alternative now..

rhb musical chair headache starting in 2 weeks..

 

[tesarise]

only 10k, need to think so much?
the interest earn is insignificant lah.

it's the alternative that gotta think more

yah since the person asking for alternative then need to think.
otherwise i just dump it here lazy to move

 

[katana71]

same here, dump some here first

 

[Velton]

Thanks for sharing the thoughts guys.

 

[demoforce1]

for those of you who already have Singlife Grow Policy, how is the performance for the last 1 year? and which portfolio?
Conservative, Balanced, Dynamic

 

[sgbird]

How about the Singlife 1yr saturation? The rate is still 1%?

 

[reddevil0728]

How about the Singlife 1yr saturation? The rate is still 1%?

What’s that?

 

[sgbird]

What’s that?

Sorry that does not make myself clear enough. I mean what is the SingLife account rate now? It seems that they have cut the rate quite a bit, I checked my account found the interest almost reduce by half compare Aug 2021 with Jan 2021.

07 Sep 2021, 12:20AM
Base returns credited
+ $8.52
07 Aug 2021, 12:26AM
Base returns credited
+ $8.52
07 Jul 2021, 12:24AM
Base returns credited
+ $11.54
07 Jun 2021, 01:09AM
Base returns credited
+ $12.76
07 May 2021, 12:25AM
Base returns credited
+ $12.34
07 Apr 2021, 12:23AM
Base returns credited
+ $12.74
07 Mar 2021, 12:27AM
Base returns credited
+ $11.50
07 Feb 2021, 12:20AM
Base returns credited
+ $15.68
07 Jan 2021, 12:57AM
Base returns credited
+ $16.88

 

[silverbomb]

Sorry that does not make myself clear enough. I mean what is the SingLife account rate now? It seems that they have cut the rate quite a bit, I checked my account found the interest almost reduce by half compare Aug 2021 with Jan 2021.

07 Sep 2021, 12:20AM
Base returns credited
+ $8.52
07 Aug 2021, 12:26AM
Base returns credited
+ $8.52
07 Jul 2021, 12:24AM
Base returns credited
+ $11.54
07 Jun 2021, 01:09AM
Base returns credited
+ $12.76
07 May 2021, 12:25AM
Base returns credited
+ $12.34
07 Apr 2021, 12:23AM
Base returns credited
+ $12.74
07 Mar 2021, 12:27AM
Base returns credited
+ $11.50
07 Feb 2021, 12:20AM
Base returns credited
+ $15.68
07 Jan 2021, 12:57AM
Base returns credited
+ $16.88

Think you have not been keeping track of your finances for a while. It's good to be wary what's going on with your money, given the lowering of rates by FIs/banks in recent times are more common now.

There's 2 announcement they made of the lowering of rates. These are also informed via emails to account holders. once in Jan, once in jul.