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Anonymous
Is it worth investing in?
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This post is no longer accepting new comments because it has been merged with Whatβs your take on Singlife 2.5% p.a. savings plan?
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Gabriel
26 Mar 2020
Undergraduate at National University of Singapore
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Kenneth Lou
24 Mar 2020
Co-founder at Seedly
I actually just got my card last week, looks sleek!
Havent tried it out entirely yet but what I know it acts like a higher yielding savings account at least for the promotional rate, it looks pretty decent, with a 2.5% p.aβββ
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Oh,so you plan to spend all the 10k inside?Cause I know they can't writhdraw money from ATM....
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4.4
198 Reviews
S$100
MIN. ACC BALANCE
Up to 2% p.a. base return + up to 3.5% p.a. effective returns
RATE OF RETURN
2% p.a. for first S$10K
INTEREST CAP
S$100
MIN. INITIAL PREMIUM
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Hey Anon, I've been using the Singlife Account since January and in my opinion, it's really attractive as it functions like a bank account and the interest of 2.5% p.a it offers is super competitive and the highest in the market at the moment, with no other terms and conditions, penalties or whatsoever, such as minimum spending, salary credit etc. It is safe as your deposits/capital is guaranteed and insured under the SDIC so rest assured.