Have anyone heard this new saving accounts called gigantiq by etiqa?

GIGANTIQ is a single premium, yearly renewable, non-participating universal life plan denominated in Singapore dollars. It offers the financial flexibility, opportunity for wealth accumulation and the assurance of life insurance coverage through providing death benefit.

It's similar to Singlife as a savings and insurance plan with no lock-in. GIGANTIQ offers 1% + 1% (first year) returns which are earned daily and credited monthly.

For myself, I would consider Singlife first, then other high-interest savings account (RHB 1.05% or multiplier accounts), then Gigantiq plan.

https://www.tiq.com.sg/gigantiq/