What is the difference between Etiqa Elastiq, Gigantiq and Dash Easyearn as all have 1.8% interest rate. Will I say Elastic is better as it have higher max amount and longer term 3 years?

Do note that the tranche for “ELASTIQ” is closed. Currently, only “GIGANTIQ” and “Dash EasyEarn” are available right now.

For both “GIGANTIQ” and “Dash EasyEarn”, the crediting rate is 1.8%. “Dash EasyEarn” consists of 1.5% guaranteed and 0.3% non-guaranteed returns while “GIGANTIQ”consists of 1% guaranteed + 0.8% p.a. non-guaranteed returns.

In addition, the minimum single premium amount to start the investment for “GIGANTIQ” is S$50, while “Dash EasyEarn” is S$2,000.

Therefore, it is best to speak with a financial adviser about your needs before making a decision.

Lastly, “GIGANTIQ” is currently available on PolicyPal’s app with an exclusive promotion. You can find out more here.

Some important differences would be:

1. The guaranteed interest

2. Subsequent interest rates if different from the first year's

3. Withdrawal terms & conditions

These products go through Etiqa so the other stuff (e.g. the statement which says to allow Etiqa up to 6 months to process withdrawals) can be rather similar.