facebookI 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? - Seedly

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          Anonymous

          19 Sep 2020

          Insurance

          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?

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              Discussion (7)

              What are your thoughts?

              Correct me if I’m wrong, but withdrawals from Singlife are capped at minimally in multiples of $100.

              It’s sorta troublesome.

              In my opinion, I would just let compound interest do it’s work forever :)

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                  Amounts above $10,000 will still earn interest, of 1%. Unless you are able to transfer the interest monthly to a platform that offers 1% interest with no charges, then it would be best to just keep it in Singlife.

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