Singtel Dash PET
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Claimed
This product is managed by Singtel Dash.
Summary
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- Claimed in March 2021
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Singtel Dash PET Review 2021
Dash PET is an insurance savings plan underwritten by Etiqa Insurance that is made available to Singtel Dash users.
It gives you a total of 1.30% p.a. on your first S$10,000 - it is a non-guaranteed 1.3% p.a. rate of return for the first policy year. For amounts above S$10,000, get 0.30% p.a. which is 0.3% non-guaranteed for the first policy year.
In terms of insurance coverage, Dash PET's death benefit covers up to 105% of your account value. Additionally, Singtel Dash PET is also adding a COVID-19 relief financial assistance benefit from eTiqa. Dash PET users can boost their returns from 1.3% p.a. to 1.5% p.a. for the first S$10,000 savings by simply opting in for FREE insurance coverage.
Interested in saving with Dash PET?
All you have to do is sign up to be a Dash user and top up a minimum amount of S$50 to get started.
Whichever plan you choose to go with, you can withdraw your money anytime as there's no lock-in period.
Singtel Dash PET
$50
MIN. ACC BALANCE
1.3% non-guaranteed + 0.2% bonus
RATE OF RETURN
1.3% for first $10k
INTEREST CAP
Singtel Dash PET
$50
MIN. ACC BALANCE
1.3% non-guaranteed + 0.2% bonus
RATE OF RETURN
1.3% for first $10k
INTEREST CAP
4.8
294 Reviews
Service Rating
User Experience
Customer Support
- Posted 10h ago
Purchased
Singtel Dash PET
Great product for low risk saving, with higher interest rate than regular savings accounts! Amount can be withdrawn to be spent under Dash digital wallet!0
What are your thoughts? - Posted 10h ago
Purchased
Singtel Dash PET
Easy to apply and user interface is friendly. Withdrawals are simple and fuss free too. Capital guaranteed feature may prove to be useful for some as well.0
What are your thoughts? - Posted 15h ago
Purchased
Singtel Dash PET
[Application Process] Easy to apply from the app and the returns are quite decent The app is very use friendly and easy to topup Highly recommended0
What are your thoughts? - Posted 17h ago
Purchased
Singtel Dash PET
[Application Process] Super easy digital application process. [Interest Rate] Good interest for cash just lying around [Withdrawal Process] Easy to withdraw directly via paynow0
What are your thoughts? - Posted 20h ago
Purchased
Singtel Dash PET
[Interest Rate] high interest rate,,50 dollar deposit will do .can withdraw money to dash wallet any Time. So withdraw process is easy.upon high interest, you also get insurance benefits0
What are your thoughts? - [Interest Rate] Best compare to all others company [Application Process] Easy and fast [Withdrawal Process] Any time any where [Insurance Benefit] Not too bad which compare to others company [User Experience] Not issue [Customer Support ] Respone fast [Hidden Terms] No [Others] Good reward
0
What are your thoughts? - Posted 1d ago
Purchased
Singtel Dash PET
[Interest Rate] Decent way of tracking the interest earned. Good place to put especially since $3k monthly withdrawal limit helps to budget comfortably for me.0
What are your thoughts? - Posted 2d ago
Purchased
Singtel Dash PET
[Withdrawal Process] Easy to withdraw and deposit! [Interest Rate] Attractive interest rate at 0.7%, which is higher than banks! And its capital guaranteed! Have been with dash PET for 1 year plus, and experience is good!0
What are your thoughts?
No Posts Found.
Interest Rates for Singtel Dash PET
Interest Rates |
|
|---|---|
Minimum Deposit | S$50 |
Death Benefit | 105% |
Minimum Top Up Amount | S$1 |
Interest Rates for Singtel Dash PET
How Does Singtel Dash PET Work?
Dash PET is a single premium, insurance savings plan that offers savings at high returns, with capital guaranteed and full flexibility of funds.
Dash PET life insureds are also covered for life protection, paying out 105% of your account balance for death benefit, and COVID-19 Financial Assistance Relief via eTiqa.
The policy is underwritten by Etiqa Insurance.
How to Earn the Highest Rate of Returns for Singtel Dash PET
How do you earn the highest rate of returns for Dash EasyEarn?
Dash EasyEarn's rate of returns is really straight-forward. The returns per annum for Dash EasyEarn is 1.3% p.a. for account balances of up to S$10,000 for the first policy year. This 1.30% is non-guaranteed.
To earn more returns, simply top-up more into your account to earn from the 1.3% p.a. via your bank account. The total account is calculated by adding the accumulated rate of returns and any top-ups. While it might be a single premium policy, you can still top-up your account to increase the average daily balance for higher returns.
If your account balance surpasses S$10,000, you will earn 0.30% instead, is also non-guaranteed.
Dash PET users can boost their returns from 1.3% p.a. to 1.5% p.a. for the first S$10,000 savings by simply opting in for FREE insurance coverage. This free add-on provides coverage of up to $50,000 and an additional 0.2% p.a. interest on the first $10,000 in your Dash PET account.
Insurance Coverage by Singtel Dash PET
As a universal life plan, Singtel Dash PET covers you for 105% of your account balance upon death, and the minimum one-time premium is S$50.
If you'd like to be covered for more, simply top-up your Dash account.
A larger account balance also means you'll be earning more.
Benefits and Features of Singtel Dash PET
- In this low interest rate environment, Singtel Fash PET has a relatively high interest rate compared to other Bank Savings Accounts but it is not the highest rate of return enjoyable amongst all the Insurance Savings Plans.
- PET gives you full access and flexibility to your savings with liquidity
To withdraw, make a request via the mobile app and choose to receive the partial withdrawal amount via PayNow (using your NRIC) or to your own POSB or DBS account via direct credit. The minimum withdrawal amount is S$1. - Dash PET is a yearly renewable plan and the policy term is 1 year. At the end of 1 year policy term, your Dash PET policy will be renewed automatically for another 1 year at the same conditions on the expiry date before renewal.
- To spend the money from Dash PET, simply transfer the money from Dash PET to your Dash Wallet.
Singlife vs GIGANTIQ vs Dash EasyEarn vs Dash PET
Between these 3 new insurance savings plans, what are the differences and which is the best for you?
Check out our Insurance Savings Plan Comparison Guide to find out if Dash EasyEarn is the best insurance savings plan!
How Do I Apply for Singtel Dash PET?
- Download and Launch the Singtel Dash App
- Tap 'Grow Money'
- Sign up for Dash PET by filling in your particulars and verifying your identity with a valid photo ID
- Top up your Dash PET account and start growing your savings!
Who Can Apply For Singtel Dash PET?
Currently, PET is only available to Singtel Dash users.
On top of that, you'll need to fulfil the following eligibility criteria:
- You are a Singapore citizen or PR with a valid NRIC, OR
- You are a foreigner with a valid work pass or permit, or a Long-Term Visit Pass
- You are between 17 to 75 years old (age as of next birthday)
Not sure if you're eligible?
Chill. Just sign up or log in to your Singtel Dash app to check your eligibility.
Already have Singtel Dash EasyEarn?
Even if you already have a Singtel Dash EasyEarn account, you can still sign up for Dash PET.
Fees and Charges for Singtel Dash EasyEarn
- A transaction fee of S$0.70 will be charged for each partial withdrawal request through PayNow. However, no transaction fee is applicable for partial withdrawal request into Dash Wallet.
- Minimum Withdrawal Amount: S$1
- Minimum Account Balance: S$50
- Minimum Initial Deposit: S$50
- Minimum Account Balance: S$1
Contact Etiqa
- Customer Service Tel: +65 6887 8777
- Main Office Tel: +65 6336 0477
- Address: 16 Raffles Quay, Hong Leong Building, #01-04A, Singapore 048581
Contact us at [email protected] should you require any assistance or spot any inaccuracies.