Savings

Last updated on June 6th, 2021

[UPDATE: GIGANTIQ has been fully subscribed. You may want to consider cash management accounts offered by robo-advisors instead, such as Endowus Cash Smart, Syfe Cash+ or StashAway Simple.]

Have you ever wanted to purchase a policy, but could not afford the initial premium? With Etiqa’s GIGANTIQ, you no longer have to worry about this!

You are able to sign up with just $50, and can earn up to 1.8% p.a. for the first year.

Here’s what GIGANTIQ offers and how it may be a great way to grow your savings.

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Last updated on June 6th, 2021

Being a 16 year old is tough. Bank accounts like the SingLife Account will only allow you to open an account when you’re 18.

For those accounts that are available, the interest rates are pretty unattractive.

However, Singapura Finance’s Vivid Savings Account could be the answer for you!

Although it has many limitations, it may be a perfect stop-gap account before you turn 18.

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Last updated on September 21st, 2021

The inevitable has happened.

The SingLife Account has reduced its base return rate for the first $10k from 2.5% to 1.5%.

However, you are still able to receive the extra 0.5% if your participate in SingLife’s ‘Save, Spend, Earn’ campaign.

Here’s a deep dive into the campaign to see if it’s worth participating in.

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Last updated on September 21st, 2021

[UPDATE: SingLife has put new sign-ups for the SingLife Account on hold from 15 December 2020. You may want to consider consider cash management accounts offered by robo-advisors instead, such as Endowus Cash Smart, Syfe Cash+ or StashAway Simple.]

Are you tired of switching between saving accounts to get the best interest rate on your savings?

Instead of a savings account, why not consider an insurance savings plan like the SingLife Account?

I’ve been using the account since March 2020, and found that it has great benefits, with only a few downsides.

Here’s why I believe everyone should apply for one now.

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