facebookSingtel Dash PET Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

Singtel Dash PET

  • Overview
  • Reviews (197)
  • Discussions (0)
  • More Details
Insurance Savings Plans/Singtel Dash PET
Insurance Savings Plans/Singtel Dash PET
4.7
197 reviews
claimed

Claimed

This product is managed by Singtel Dash.

USER RATINGS

User Experience

4.8

Customer Support

4.6

Singtel Dash PET

$50

MIN. ACC BALANCE

1.3% non-guaranteed

RATE OF RETURN

1.3% for first $10k

INTEREST CAP

Singtel Dash PET

$50

MIN. ACC BALANCE

1.3% non-guaranteed

RATE OF RETURN

1.3% for first $10k

INTEREST CAP

Details

Product Page Transparency

  • Claimed in March 2021
  • Pays to access additional features

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.

Read More about Singtel Dash PET
Reviews (197)

4.7

197 Reviews

  • 5
    153
  • 4
    39
  • 3
    4
  • 2
    0
  • 1
    1

Read Review About...

    Most HelpfulMost RecentLow to HighHigh to Low
      Posted 20 Sep 2021

      Purchased

      Singtel Dash PET

      I am currently a user of the DASH PET and have been actively encouraging my friends around me to explore as well. Here's my reason why. 1. Good alternative to the bank to grow money as compared to other savings account out there such as Singlife. Currently, it has the highest interest rate of 1.3% p.a. for the first $10,000 and 0.3% for the subsequent. As compared to Singlife having a current 1.0% p.a for the first $10,000. 2. A one-stop platform as you can use it for commute, pay bills, insurance and many more 3. Easy and fast application, with a guided process. Though it is a little long as they need to attain some personal details, the process was quicken through login in to Singpass 4. However, do take note that there is a withdrawal fee of $0.70 per withdrawal so I personally encourage you to look into this platform as a disciplined account to save money and do a one-time withdrawal when you needed the money! Overall, a pretty good alternative to a bank!

      0

      What are your thoughts?

      Reply

      Posted 21 Aug 2021

      Purchased

      Singtel Dash PET

      [Application Process] Very fast and seamless, just like Dash EasyEarn. [Interest Rate] Since this was launched earlier this year, I would say it offers the best interest (at 1.7% when I signed up) for 2021 yet. [Withdrawal Process] Withdrawal was fast, but do note that there’s a fee of $0.70 per withdrawal via PayNow. I guess it’s to deter people from withdrawing often and to just let it accumulate interest inside.

      0

      What are your thoughts?

      Reply

      Posted 19 Aug 2021

      Purchased

      Singtel Dash PET

      The application process was fast & hassle-free and it was easy to navigate around the mobile app. Despite the drop in rates, Dash Pet is already offering the best interest rate of *1.3% out of the ISPs that new users can sign up for right now. A good place to just park your emergency funds while gaining some interest!

      0

      What are your thoughts?

      Reply

      16 Jul 2021

      Purchased

      Singtel Dash PET

      [Application Process] Application process was fast and convenient! Have been using it since Feb this year! [Interest Rate] 1.7% for the first year which is higher than what Singlife is offering right now.

      0

      What are your thoughts?

      Reply

      14 Jul 2021

      Purchased

      Singtel Dash PET

      App is easy to use, application of Dash pet is swift and easy. Have not withdrawn yet, but the Interest rate is good, considering its fluidity.

      0

      What are your thoughts?

      Reply

    Discussions (0)
      Recent ActivityNewTrending

      No Post Found.

      Interest Rates for Singtel Dash PET

      Interest Rates

      • First S$10k: 1.30% for the first policy year
      • More than S$10k: 0.30% for the first policy year

      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?

      1. Download and Launch the Singtel Dash App
      2. Tap 'Grow Money'
      3. Sign up for Dash PET by filling in your particulars and verifying your identity with a valid photo ID
      4. 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.