Written by Singlife | 09 Feb 2021 |
We know that not everyone may receive angpows but here are some tips if you do!
1. Invest it
Rather than having your Angpow money deposited in an account earning low interest, why not do something different and invest that money with Grow, an Investment-Linked Policy (ILP) like no other?’
Of course, the potential higher return comes with risk, but there are also strategies you can use to mitigate those risks! Read more here.
2. Earn more from it
If you are more risk averse, why not place your angpow $ into your Singlife Account where you can earn up to 1.5% p.a. return?
3. If you must spend it, then spend smart!
If you don’t want to save or invest the money, then you might as well spend smart.
Enjoy 0 FX fees on any online foreign currency transactions with the Singlife Card.
Additionally, when you spend S$500 or more per card spend period, you get a bonus 0.5% p.a. on your first S$10,000 in your Singlife Account. This campaign runs till 28 Feb 2021. Terms apply.
Note that these only applies to Singlife Account customers.