1.68% Tiq 3-year endowment

It's the new year, and I've been hoping for good news. Instead, the first financial related stuff I saw was the interest cut on OCBC 360 savings account w.e.f 1 Feb 😒

In view of the current low interest environment, I chanced upon the new plan by Etiqa.

I've been a Etiqa customer since 2019. 

Back then, I posted about the 2.02% ELASTIQ guaranteed plan which I bought. Unfortunately, this plan is now fully subscribed.

In 2020, I shared that this was one of the way I earned $600-$1,500 passive income (see point 3). During then, they had rolled out the 2.1% Tiq 3-year endowment but I didn't take the chance to enter since I had the ELASTIQ plan. On hindsight, should have parked some money there since the saving accounts interest are so pathetic....



As of today, 4 Jan 2021, Etiqa released a new 3-year endowment that provides a guaranteed 1.68% if you hold it for 3 years; with a minimum saving of $10,000. There is no medical underwriting involved. For more details, you may refer to the link here



Honestly, 1.68% is nothing to shout about BUT given today's low interest environment, I will be applying for my mum and park $10k here. 

If you are interested in the new 1.68% Tiq 3-year endowment, pls key in R104346 under referral code.

Experience as an existing customer

Registration is a breeze since info are generated from Singpass and top up is simple with straightforward instructions.

In terms of transaction records, I'd say it functions similar to ibanking. All I need is to login via Singpass, key in otp sent to your phone...and you'll get to see the transaction history. I've talked about my experiences back in 2019 too.

For reference, the below shows the interest given every month for my $15k 2.02% ELASTIQ account. Not bad hor?



Hope this sharing is useful for those who do not know where to park your spare cash! 

I'm always on a look-out for attractive plans that generate good interest. If you have any, pls share with me!

Comments

Post a Comment

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

Popular posts from this blog

End 2024 review - achieving $1.04m networth

Image
  Another end to a year. For the nth time, I dread reflecting on the year because I did not receive positive outputs from the pain I've endured. But here goes.  Here's a recap of my finances over the years: 2016 -  Unexpected review of 2016: hitting $200k in net worth 2017 -  End 2017 review - net worth at $287k 2018 -  End 2018 review - net worth at $372k  2019 -  End 2019 Review - inching close to $500k net worth  (~$440k) 2020 -  End 2020 Review - net worth at $550k 2021 -  End 2021 Review - closing in to $700k net worth 2022 -  End 2022 Review - failing financial goal for the first time, $660k net worth 2023:  End 2023 review: $819k net worth 2024 Review Borrowing my past year statement: This year, so much has happened, but not much have changed. Since I don't blog every month, here's a recap of what I've done across the past 12 months: Jan Did CPF MA topup of $3k Spoke about feeling depressed and signing up for counse...
Read more

SGD$1,000,000 networth unlocked 🎉

Image
As of 8 Dec 2024, I have officially unlocked the milestone of $1m networth 🎉 This is all thanks to the increased in value of my crypto holdings as well as my US stocks. My HK/CN stocks are still in bad shape. On stocks front, truthfully, my overall investments is still in the red. I had made mistakes in stock picking and has not taken the opportunity to cut losses. I had the view to hold and pray those stocks in deep red would go up - after all, I told myself I don't need the money right now. On crypto, given that BTC has bounced back, I'm sitting on decent profits. I've been cashing out bit by bit. The last I spoke in Mar , I cashed out a rather sizeable amount of BTC at 50% profit. On hindsight, if I had waited till now, I could have cash out 3000 SGD more. Anyway, this time round in Nov, I cashed out 2 times, at a 70%-80% profit. Not bad considering the rest of my investments. As long as there are no major global events impacting the markets negatively, I believe I woul...
Read more

🤞On track to hitting $950k networth by end 2024🤞

Another blink, another year ending soon. How have you guys been? I wonder who else is still monitoring my blog despite my lack of updates. Again, so much has happened, but not much have changed. I travelled well, continued with a 3rd round of IVF egg retrieval (result was extremely poor), and went through uncertainty at work due to restructuring but was thankfully able to keep my job. I still haven't fulfil my dream of being a mother. Though honestly, it now feels more like a checkbox to be unchecked than the actual fulfilment of wanting to nurture and grow a child. I think the weariness is getting too much. I will embark on my final transfer within these few months. This would be my 7th transfer. If it fails, I'm likely going to stop further treatments. I have already done the best at my "peak".  I am telling myself that my life is still amazing despite these hiccups. Anyway, onto my financial goals. Back on 31 Dec 2024, I posted my goal to achieve $950k networth by ...
Read more