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Anonymous

09 Jul 2020

∙

For Endowus CashSmart, any charges for multiple withdrawals a month? What is the minimum fund balance allowed (considering the $10k entry requirement)? What happens when the balance reaches $0?

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Shengshi Chiam, CFA

09 Jul 2020

Personal Finance Lead at Endowus

Hi,

You can make multiple withdrawals a month and there is no minimum balance to be maintained for Endowus Cash Smart.

You can read more here in our FAQ, and read more about Endowus Cash Smart here.

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Related Posts

I am considering Endowus but it needs to start at min 10k using CPF and monthly RSP for 10 to 15 years. With current Covid-19 market conditions and going down the road, should I wait for months to see and start later?

For CPF member above age 55 and reaching FRS. Are member allow to withdraw the balance Interest earned from OA (Year of withdrawal) before touching on the principal sum in the SA?

What happens if you do not hit the minimum spending of the DBS Live CC per month? Am considering to apply for a credit card to increase the i/r of my multiplier account but my monthly spend is low.?

Will endowus consider lowering the required minimum investment sum?

How much money can you actually withdraw from CPF in the end, considering that there are minimum sums required?

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