Savings accounts – how interesting can they get?
Well, things have gotten a little bit more interesting with a novel product from Singlife – the Singlife Account. It is a high-yield insurance savings account with no lock-in, no fees, and no regular top-ups needed. It also comes with optional features such as a zero-fee debit card (Singlife Debit Card), spend notifications and insurance benefits.
Wait, what?
Think of the Singlife product as a cross between multiple products that are already existing in the market.
You get a high-yield savings account like Stanchart Jumpstart Account, plus a debit card which you can spend anywhere in the world like the GrabPay MasterCard, spend notifications like Revolut, then add an insurance plan on top of that – which is Singlife’s original objective of making insurance more transparent and accessible.
Quick facts:
A life insurance cover for death or terminal illness, up...