How to Save more to get more out of Saving

2 Sep 2020

Today i want to talk about Singlife.

So what is Singlife

Singlife Account is an insurance savings plan that credits interest and offers flexibility to make top ups and withdrawals with no lock-in and charges. The Singlife Account provides insurance coverage to policyholders in the event of death and terminal illness. It is neither a bank savings account nor a fixed deposit. It is a capital guaranteed insurance savings plan that gives up to 2.5% p.a.* returns.

How does this 2.5 p.a. Works?

You get: 2.5% p.a. crediting rate for your first S$10,000
1% p.a. crediting rate for your next S$90,000
0% p.a. crediting rate for account value above S$100,000
Returns are calculated daily and credited to your account value on a monthly basis.
The returns on your Singlife Account policy will be credited on the first day of the following policy month.
Please note that crediting rates are not guaranteed.

*Note that returns are not guaranteed and each person is only entitled to one Singlife Account policy.

When can I start seeing the returns?

S$500 is all you need to apply for a Singlife Account policy and start enjoying up to 2.5% p.a. returns on your savings. No kidding, it’s that simple.

Sure anot, and is it Safe ?

But fear not! Singapore Life Pte. Ltd. (Singlife) is a direct life insurer licensed by the Monetary Authority of Singapore (MAS). Furthermore all Singlife policies, including the Singlife Account are protected up to specified limits by the Singapore Deposit Insurance Corporation (SDIC).

Couple going to planning to get their BTO and start a family together all this little money here and there may seems very litte but of course it all depends on how much you put it, all this little bonus you earn maybe a new coffee machine you want for your new house or a robo cleaner.

So can i withdraw my money after i deposit?

You have access to your money anytime, anywhere- right through our mobile app. Withdraw your money almost instantly via Fast and Secure Transfers (FAST) in your Singlife App, with no fees at all.

这边一点那边一点就很多点

Click here to find out more!
If you are ready to start saving with SingLife use my link and you will get a one time $10 credit

Discalmier: NOT FINANCIAL ADVICE. My Content is only for information purpose. It is very important to do your own research and analyis before making any investment base on your personsal circumstances.