Saving & Spending
First Look: StanChart and FairPrice Introduce Trust Bank – Get Easy $35 FairPrice Vouchers
By Sethisfy  •  September 1, 2022
Digital banks are a thing now: Trust Bank has just launched, and it’s a digital bank brought to you by a partnership between Standard Chartered and FairPrice Group. Right now, Trust Bank is offering just 3 products: a credit card, a banking account, and an insurance policy. A new bank with three products within my areas of interest, and a sign-up promo? This is going to be good. Credit card with 21% Linkpoints on FairPrice spend – launching soon The NTUC Link Card is exclusive for NTUC Union Members, and promises 21% savings on FairPrice Group (FPG) groceries spend, which includes FairPrice, Unity, and Cheers outlets, excluding those at Esso outlets. The staggering 21% rate includes:
Rate Requirement Cap
0.5% Base rate Unlimited
2.0% Monthly bonus when monthly minimum eligible spend of S$350 outside of FPG is met 5,500 Linkpoints ($55)
8.0% Quarterly bonus when monthly minimum eligible spend is met for 3 consecutive months 7,500 Linkpoints ($75)
2.0% Annual member bonus 12,000
 ...
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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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