NTUC Income just launched Capital Plus, its new online endowment plan offering a guaranteed return of 2.3% per annum.

Pretty competitive, I’d say, since your fixed deposits only give you up to 2.1% p.a. even with their promotional rates. 

But let’s not digress, here’s all you need to know about Capital Plus.

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

Previously available through advisers only, you can now invest in Capital Plus online with just $5,000. 

The maximum for online application is capped at $100,000. 

However, if you still prefer investing in Capital Plus through an adviser, the minimum single premium remains at $20,000. 

As a short-term investment, your money can be redirected again after your 3-year tenure.