Personal Finance
Singlife Account: Is This Capital Guaranteed Insurance Savings Account Worth Getting?
By Seedly  •  March 18, 2020

If we can take you down the rabbit hole, we live in an interesting time when insurers in town were launching high-interest short-term endowments, and every other banks were launching a high-interest savings account.

Products like MySecureSaver II, Endowment Series Four, Capital Plus offered an alternative to the dipping returns on the Singapore Savings Bond.

 

” Whenever we talk about the interest rate of Singapore Savings Bond.”

While a high-interest savings account allows us to park out money for higher returns.

That got us thinking of the possibility of a product with both the insurance element and the savings account mechanics.

Source: giphy

But before Seedly can launch such a product (probably in the next 2,274 years time), someone beat us to it. DAMN IT!

Overview of Singlife Account with Singlife Visa Debit Card

Disclaimer: We are not sponsored to do this. All opinions are

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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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