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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!
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