Asked on 20 Jun 2020
Hey Jo, yes - been using since January.
The interest is credited on a monthly basis to your Singlife account, depending on when you created your account, it is not based on calendar month as per banks.
For a more detailed explanation, interest is calculated on a daily basis but only will only be credited monthly. So if you opened the account on the 10th, the interest should be credited on the 10th next month too. Once it is credited, the amount of "$xx.xx earned this month" will move and add on to "you have: $XX,XXX". The amount "earned this month" will then be reset to $0 and you can proceed to withdraw the credited interest.
20 Jun 2020
Ohh so does that mean only after 30 days then the total interest ( in that 30 days ) will appear in the total balance and am able to withdraw then? Thank u @Yang Teng!
Managed to withdraw. almost immediate credited to bank account.
yes, i also noticed there is differ...
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