It has been a good 3 years. Back in 2019, I signed up for Etiqa's ELASTIQ plan which offers guaranteed 2.02% for the first 3 years . I started with $5k initial deposit first, and top up another $10k after since the interest rate environment then was bad. Interest dropped Now that 3 years is up, Etiqa has sent me an email informing of the revised interest down to 1.2% Dear Valued Customer, We hope you are keeping well and safe. As COVID-19 continues to disrupt financial markets and economies, the prolonged uncertainty has made it challenging to maintain the existing crediting rate and loyalty bonus of your policy. We wish to inform you that the existing crediting rate and loyalty bonus for your ELASTIQ policy will be revised as follows: Policy Number Revised Crediting Rate* after 3rd year Revised Loyalty Bonus Effective date : xxxxx : 1.20% per annum : 0.00% of the average monthly account value for the past 36 policy months : xxxxx *applicable to initial premium and top-up(s) At th
$100k cash at 25 $200k cash at 28 $300k cash at 30 What's next? Note - all sharing are not financial advice. Pls DYOR.