Advertisement
Are they good? Based on my 1year of trying. Earn plus is totally not worth it. I put $400 dollar in and the return it give me was negative 5 dollar, and when I withdraw, they do not allow you to withdraw anything below 10 dollars.
However grabinvest is actually a good tool for you to spend less as every transaction you will auto put in the amount you choose thus costing you to use more of ur money to chunk a sum of money into grabinvest. There return does go up and down. But so far it's more down than up. So if u think of using this. Please remember to withdraw it few month later or when u start seeing some earning.
To be honest. Both are bad product for returns. You may be better off choosing saving account interests in banks or even digital bank. Or you can go for stash away which so far does give positive earning.
Conclusion: don't use grab invest or earn+ if you really want to work your money.
.
6
Discussion (6)
Learn how to style your text
Reply
Save
Grab Earn Plus invests in Fullerton Short-term Interest Rate Fund and United SGD Fund which makes it riskier as the longer duration bond introduces uncertainty. It is not good in the current environment but you can consider it when the market start to return to normal.
Reply
Save
Tony
02 Nov 2022
Computer Engineering at Nanyang Technological university
If i'm not wrong, Grab invest invests in money market funds, and there's fee of 0.8%.
There are...
Read 4 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Fees are too high