Previously, I talked about a nifty insurance saving account called Singlife that gives almost 2.5% p.a link here.
It seems like a trend, as Etiqa Insurance has now worked with Dash(Singtel) to come out with another insurance saving plan that gives close to 2% pa. Again, this post is not sponsored just my own personal experience.
Very similar to Singlife, the money you put in is capital guaranteed. This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you.
The maximum amount to top up to get close to 2% pa is $20,000. You can start saving from S$2,000 up to a maximum of S$20,000, in multiples of S$500. Do note the 2% pa interest(close to) is only for the first year....