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Anonymous

16 Jun 2020

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Is the singlife savings account trustworthy?

Singlife Account

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Discussion (9)

Tay_WenHao

24 May 2020

Hi as many have mentioned, it should be quite reliable since its backed by SDIC. But they may adjust the interest rate in this difficult times. So enjoy while it last.

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Wrong Sean

24 May 2020

Point to note is that the SingLife account is an insurance product, not a savings account.

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Gabriel

24 May 2020

Undergraduate at National University of Singapore

Hey Anon, the Singlife Account is protected by SDIC under the Policy Owners' Protection Scheme (PPF)...

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Hi everyone, any comments on Singlife's new financial product: Singlife Account, what is it and is it better than other bank's savings accounts?

Can anyone recommend me where to put down a $20k sum, not looking to invest it, just want to save. Looking for a FD or a high saving account. I already used up the Singlife 2.5%. Any other place?

Whats the risk involved when saving in high interest savings account (singlife, Gigantiq, easy learn)?

Should a student with $15k savings invest in stocks or robo-advisors or put it in a high interest rate savings account like Singlife?

Savings less than 10k in bank, should I put in Syfe cash+ or Singlife? Are there better alternatives for savings account out there?

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