Skip to main content

Update on ELASTIQ - guaranteed 2.02% p.a. for the first 3 years



I've previously shared my purchase of the ELASTIQ plan here where I purchased the minimum amount at $5,000.

Happy to provide some updates on the plan and the ease of tracking my interest online!

Via the tiqconnect web, I was able to see a clean, user-friendly and straightforward webpage showing the interest credited to me on the first month, just like an ibanking page :P

I'm considering topping up more money for them to grow at 2.02% interest. Furthermore, it is stated that
"Top-up or withdraw from your account without penalty or interest claw back 90 calendar days after policy issue date"
This can probably act as another savings account for me to grow my cash. Will definitely keep this plan for the first 3 years!

As mentioned previously, I only took 10 mins to sign up for the plan.

If you are interested, key in R104346 under referral code and you'll get Etiqa eWallet credits worth 0.5% of policy’s premium value ($25 credits for a $5,000 plan) as a sign-up gift while I get a $50 voucher. eWallet credits can be used to make online purchase or renew your existing policies eg. travel and PA plans.

Again, pls DYODD!

Comments

  1. SerenaAugust 15, 2019 at 4:16 PM

    Hi Cherry! Nice to see that you've had a good experience purchasing our ELASTIQ insurance savings plan! :)

    If you're looking for other insurance savings options, we have also recently launched our new EASY save series on Tiq.com.sg. eEASY save V offers guaranteed 2.68% crediting rate for the first 6 years, and eEASY savepro offers a higher potential yield of up to 4.07%! You can find out more about them here: https://tiq.com.sg/product/insurance-savings-plans/

    ReplyDelete

Post a Comment

No rude messages please. Unkind messages and spams will be blocked and deleted.

Popular posts from this blog

I finally cross $700k networth, after 1 year 4 months

I wondered how I should kickstart this post - should I be positive or negative about this? After 1 year 4 months, I finally crossed $700k in networth - returning back to where I've been at, back in Dec 2021.  I am disappointed.  For the past many years, I've always been growing my networth, at around $100-$150k/year. I had big plans to hit a net worth of $850k by December 2022, but the universe had other plans for me. Instead, I only managed to reach $646k, leaving me with a $204k gap to my target.  Ever since I became more aggressive in my "investment" portfolio in 2021, being sucked by greed to deploy most of my cash into stocks and crypto, I fell heavily, along with the crashes. Crypto wiped out 5 digits savings, so did the stock market.  To be honest, ever since the crashes and a bad hit to my net worth, I actually didn't do anything special to improve. I didn't make drastic spending cuts, I didn't stop my holidays, I didn't continue investing (no
2 comments
Read more

Cashing partial BTC out at 50%+ profit

My first foray into crypto was during the hype. Back in Feb 2021 During Feb 2021 to Jun 2022, I added in bit by bit - DCA as what they say. BTC, ETH, MATIC, SOL and even the horror LUNA. Thereafter, as crypto crashed, I stopped, praying one day it will rise back. And today, as I found that BTC is now at ATH, I decided to cash out 1/4 of my BTC for some profits. It's still a far cry from the amount I've lost, but I'm glad I could recoup some losses. Just to detail for my future reference, I transferred my BTC from ledger to coinbase. And sold my BTC on coinbase to SGD, incurring an atrocious fee of $130 and GST of $12. Gone are the days of cheap transaction fees.  Please let me know if there are wiser/cost effective options. In total, what I took back was a profit of 50%.  May BTC rise up more so I can cash out at 100% profit next. -dated 9 Mar 2024-
Post a Comment
Read more

Extremely bad start with UOB One

With the influx of posts on social media re UOB One (psst on grabpay) and the receipt of my house keys, I decided it was the time to sign up for a UOB One account plus credit card. It was gonna be the best tool for household joint expenses and joint savings. However, I've faced multiple hiccups that made me VERY frustrated....WHY ME?! 1. Delayed approving process led to losing out of sign up bonus First, I signed up for the UOB One card and Account in early Oct through Singsaver's promotion. The promotion said that I'd get to enjoy cash incentive for registration + UOB's promotion of $80 cash credit with min $1k spent within 30 days of card approval. Mind you, t hese terms were stated to end on 31 Oct , extracted below: S$80 Cash Credit for  UOB  One Account:  Limited to the first 500 new to  UOB  Deposits customers who either (i) deposit and maintain $5,000 or (ii) credit their salary, into their new  UOB  account for 6 consecutive months. Terms and conditio
11 comments
Read more