Personal Finance
NTUC Capital Plus (CSN2): Short-Term Endowment Plans And Factors To Consider
By Seedly  •  August 27, 2019
NTUC Income Capital Plus (CSN2)

NTUC Income has launched a new tranche for their popular short-term Endowment Plan again.

The new tranche of NTUC Capital Plus (CSN2), fetches an interest rate of 2.3% per annum.

Note: We are not sponsored to do this. All opinions are our own, we just like to help you!

The Correct Mentality For Consumers When Getting Short-Term Endowment Plans

Like most short-term endowment plans, here are some key pointers to take note of, when deciding on taking up such plans.

Do not feel pressured to take policies up simply because of marketing gimmicky words such as “tranche”, “limited time only” and “while stocks last”. There is no lack of good financial products around as long as one does his research. Always take note of the fine prints for any policy and investment instrument.

Now, assuming we successfully adopted the above mindset, let’s take a closer

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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