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Anonymous

27 Sep 2020

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Hello! May I know if anyone try to try a partial withdraw on Singlife? In addition, if my account hits $10k, do I still get to enjoy the 2.5% interest rate?

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YT

27 Sep 2020

Yup, you can do partial withdrawal for your balance in Singlife Account. You will earn the 2.5%* interest for the first $10,000, subsequently amounts after which will earn 1%.

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I have 10k in my singlife account. Do I need to withdraw the interest earned after it’s credited into the account as amount above 10k will not be getting the 2.5% interest?

May I know if anyone managed to withdraw the interest from Singlife yet? I’m new to Singlife and they wrote $0.35 earned this month, however, the $0.35 is not updated in my new available balance. Any advice?

Does anyone know how much the prevailing interest rate for the SC JumpStart account is once the user hit 27 years old?

10k in Elastiq or Singlife? I understand interest rates are dropping, so is 1.8% pa guaranteed (2.03% pa for 3 years taking into account rebates from promotion) better than 2.5% non-guaranteed pa?

If one owns both OCBC 360 & SingLife accounts. Whereby he has maxed the $10k in SingLife to receive 2.0%pa. Do you recommend him to still put an amount into SingLife account to get the 1.0%pa?

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