Personal Finance
4 Ways to Put Your Care & Support Cash Bonus to Good Use
By ValueChampion  •  March 31, 2020

As the economic situation worsens amidst the Coronavirus pandemic, Singapore's government has taken a proactive decision to issue cash handouts. On March 26, 2020 by Deputy Prime Minister Heng announced that the cash payout would be tripled from the scheduled amount, as an assurance and support to Singaporeans who are concerned about coping with their household expenses during this period of economic uncertainty.

The cash payouts range from S$300 to S$600. Additionally, parents with at least one Singaporean child 20 years old or younger will also receive an extra $300 in cash. Older individuals will receive an additional S$100 (previously to be received as a PAssion Car Top-Up). For those who desperately need this sum of money to tide them over during this period, it is indeed a timely offer that can give them peace of mind. On the other hand, those who are

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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