Hi, say if I have opened a SingLife account with the minimum amount of $500, and say weeks later I would like to deposit in extra money, is there a minimum amount that I need to adhere to, or does any amount work? - Seedly
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Singlife Account

Anonymous

Asked on 03 Aug 2020

Hi, say if I have opened a SingLife account with the minimum amount of $500, and say weeks later I would like to deposit in extra money, is there a minimum amount that I need to adhere to, or does any amount work?

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Hello, the app indicates that there is a min. transfer amount of $500 as well for subsequent deposits into the account but you can probably check with their customer service to clarify.​​​

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Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered on 15 Aug 2020

A minimum deposit of $500 is required for account activation. Subsequently, you can deposit and/or withdraw any amount. A minimum balance of $100 will be needed to be to receive the interest.

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Hi Anon! Any amount works as long as your account balance is at a minimum of $500 to accumulate interests. I've had some problems with the app recently as it can be quite slow or laggy, but feel free to reach out to their customer services if you face any problems or have more questions to clarify! Cheers!

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CL
Chuan lee
Level 6. Master
Answered on 15 Aug 2020

Top-up is flexible, can transfer any amount.

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J
Jaye
Top Contributor

Top Contributor (Aug)

Level 6. Master
Answered on 09 Aug 2020

Initial amount to get your Singlife account "started" - $500

Minimum account balance for interest to accumulate - $100

As for minimum amounts for deposits, I believe that any amount works. They'll be happy that you put your money with them.

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TC
Tan Chee
Level 2. Rookie
Answered 2w ago

Nope. Any number is fine.

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Tan Yu Ji
Tan Yu Ji
Level 6. Master
Answered on 11 Aug 2020

There is a minimum amount of $500 for each transfer.

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Yong Yu Sian
Yong Yu Sian
Level 4. Prodigy
Updated on 10 Aug 2020

Hello!

According to the app, you can deposit and withdraw at any amount.​​​

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Gabriel
Gabriel
Level 8. Wizard
Answered on 07 Aug 2020

Hey Anon, any amount works! I believe that $500 is the minimum amount to start earning interest but for subsequent top-ups, any amount/deposit works. Likewise for withdrawal

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Rachelle
Rachelle, Digital Marketing Associate at Seedly
Level 6. Master
Answered on 04 Aug 2020

Hey there, any amount works! Before transferring a huge sum of money, I usually test by transferring $1 first 😂 and it’s worked fine for me! If you’re unsure, you can reach out to the SingLife customer service via Facebook. They were quite helpful in answering my queries! Hope this helps!

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