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Tiq 1.62% 3-year endowment plan

It has been 10 months since I last talked about Tiq. Back then, they were advertising for a 1.68% 3-year endowment plan which I got for my mum.

This time, they are rolling out a 1.62% 3-year endowment plan with a minimum saving of $10k.
If you have extra cash lying around and wants a low risk avenue to park your $ (instead of dumping to crypto or REITS with volatility), you can consider this plan to diversify your money. I believe for those who jump into the crypto rabbit hole, these 1+% interests looks darn pathetic. I feel you. But crypto ultimately holds some risks as there's no strong regulation backing; even stablecoins. So I'm considering placing $10k of my cash here.

Also, this beats my DBS Multiplier interest of 1.60% and I had to jump through hoops ok. 


What I love about tiq is their fuss-free and simple sign-up. You can refer to my past posts where I blogged about my "investment" into them. I treat these as an alternative savings plan with additional protection benefits!
All you need is to visit this page, enter your details and the amount you'd like to save, and register your details with Singpass.

Do note that there's limited tranches, so I'm not sure when they will close the application. 


If you're keen on this 1.62% 3-year plan, you may wish to use my referral code - R104346. However, I must highlight that there's no perks/discounts on your end, so it's fine if you don't use it!

My intent of this post is to share another avenue for you to park your cash if you've run out of low-risk platforms.

Tiq Easy Save

There is also another plan called the Tiq Easy Save that offers "2% p.a. high guaranteed returns for first 6 years". The minimum savings is $10k. However, as I'm not comfortable to lock up my money for so long, I will not be getting this plan.

If you are keen to apply, you can refer to their cashback bundle here. 

As always, DYODD! :)


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