Personal Finance
Review: Dash EasyEarn – Guaranteed 2.0% pa on up to $20,000 of Savings
By Sethisfy  •  June 30, 2020
Just as bank interests dip, things are getting interesting as more and more products are starting to rival bank deposits by emulating savings accounts. Dash EasyEarn is yet another insurance policy that offers interest-hungry folks a nice, round 2.0% pa guaranteed for the first year.
Provider Singtel Dash (underwritten by Etiqa)
Min Amount $2,000
Max Amount $20,000
Returns 1.50% + 0.50% pa guaranteed for 1st year
Tenure No specific tenure
Other Features Death Benefit of 105% of Account Value
The minimum to start is $2,000, and you can have up to $20,000 placed here. There is no lock-in period, and you can also top up the account and make withdrawals just like a savings account allows you to, except top-ups can only be done in multiples of $500, while withdrawals can be done in multiples of $100. When you withdraw from Dash EasyEarn, you have the option to withdraw it directly to your bank account for a $0.70 charge, or to your Dash wallet for free....
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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