Important Notices

Following the updated COVID-19 measures, our Customer Service Centre will be closed from 29 September 2021 till 7 January 2022. If you have a query, please call or WhatsApp us at 6911 1111, or drop us an email at [email protected]. Where required, appointments will be strictly on a case-by-case basis, scheduled between Mondays - Fridays 9.30am - 4.30pm.

Earn up to 2% p.a.

on the first S$10,000 in your Singlife Account.

Simply spend with the Singlife Card & invest with Grow, our investment-linked policy from 1 Jul 2021 till 31 Dec 2021.

*2% p.a. = 1.0% p.a. base return + 0.5% p.a. bonus return from the Save, Spend, Earn Campaign + 0.5% p.a. bonus return from the Grow Bonus Return Campaign

Base return has been revised to 1% p.a. for the first S$10,000 in your Singlife Account from 1 Jul 2021

1% p.a.

+0.5% p.a.Spend at least S$500

+0.5% p.a.Invest in Grow

Introducing a fresher way to be rewarded for spending & investing

We all want a simpler way to live life while our money manages itself, so we built one app that helps you save, spend, invest, earn, be insured, and rewarded!

And how you may ask? There are two ways:

  1. SPEND at least S$500 with the Singlife Card every card spend period and earn +0.5% p.a. return on your first S$10,000 in your Singlife Account.
  2. INVEST with Singlife’s Grow, our digital investment-linked policy & enjoy additional return of 0.5% p.a. on your first S$10,000 in your Singlife Account.

*The Singlife Account is an insurance savings plan. It is neither a bank savings account nor fixed deposit. Each person is only entitled to one Singlife Account policy.

How do I stack my bonus return?

Imagine you’re making a burger

1
First, you build the base of your burger with a juicy patty.

Base Return

The burger patty is arguably the most important component of a burger and the base of the flavour, much like how the Singlife Account allows you to sink your teeth into a base return of 1% p.a. on the first S$10,000.

singlife account return

2
Next, add more juciness in your burger with every bite.

Save, Spend, Earn

Upsizing your burger with another burger patty is like participating in the Save, Spend, Earn campaign. Simply spend at least S$500 with the Singlife Card every card spend period to qualify for an extra 0.5% p.a. return on the first S$10,000 in your Singlife Account. The bonus return will be credited into your Singlife Account. Terms apply.

more about the campaign

3
Lastly, top it off with cheese, for extra flavour.

Grow Bonus Return

Top your burger off by signing up for our digital investment-linked policy, Singlife’s Grow. The Grow Bonus Return campaign lets you build a solid money burger by stacking it with more flavourful 0.5% p.a. return on the first S$10,000 in your Singlife Account.The bonus return will be credited into your Singlife Account. Terms apply.

more about the campaign

Oh, wait

Not sure how to get started? Let us show you the way!

Commonly Asked Questions

This campaign runs from 1 July 2021 to 31 December 2021.

However, the Grow policy has to be in-force by 30 November 2021 to qualify for last payout calculated on 31 December 2021.

Customers who:
1) hold a Singlife Account policy
2) apply for Grow policy by satisfying the Customer Knowledge Assessment (CKA) and fund the policy of at least S$1,000 *
*The Grow policy has to be in-force by 30 November 2021.

The minimum Grow investment amount is S$1,000. You may have multiple Grow policies, however, 0.5% p.a. bonus return will only be calculated once, on the first S$10,000 in the Singlife Account. The bonus return will be credited to the Singlife Account on the Singlife Account crediting date every month.

No. Existing Grow customers can also participate in this campaign. All you need to do is maintain your Grow policy, as well as Singlife Account policy during the campaign period to qualify for the bonus returns.

Bonus return will only be applied once (based on 1 Grow policy) on the first S$10,000 in the Singlife Account. We will verify if any of your Grow policies are inforced for at least 30 days at each checkpoint and similarly, credit your bonus return into your Singlife Account on the respective bonus return crediting date.

Bonus return is calculated on the first $10,000 in the Singlife Account. Bonus returns are credited to Singlife Account . Once the Singlife Account policy is terminated, you will not be eligible to earn and/or be credited with any bonus return that is outstanding.

If you only hold one Grow policy and this is terminated during the campaign period, you will not be eligible to earn and/or be credited with any bonus return that is outstanding.

  1. You must have an in-forced Singlife Account policy
  2. You must have ordered and activated your Singlife Visa Debit Card
  3. You must spend the minimum of S$500 within a card spend period to qualify for the 0.5% p.a. bonus return on your first S$10,000 in the next policy month.
  4. You can spend the minimum of S$500 in any or all of the individual card spend periods to qualify for the 0.5% bonus return in the next policy month as each card spend period is independent of each other. Spend the minimum of S$500 in all of the card spend periods throughout the Promotion to maximize your bonus return earnings.

First, head onto the Home screen of the Singlife app, and tap on the menu bar on the top left-hand corner. Tap on the “Order Card” option and confirm the address that your card is being sent to. After being directed to the next page, tap on “Proceed”. Your card should arrive in 9-12 business days at your selected address.

You may find the step by step illustration here: https://faq.singlife.com/articles/Knowledge/how-do-I-order-my-card.

*Remember to activate your card upon receiving it!
There will be expected minor delays in card delivery during this Safe Reopening period. We seek your understanding as we work to ensure your card is successfully delivered.

Firstly, the Singlife card is a Visa Debit Card, not a credit card.

Secondly, the amount you receive from cashback is tied to your spending amount. Say a user spends S$500, and they are entitled to 0.5% cashback, that will be 0.5% x S$500 = S$2.50 cash back.

By contrast, although the qualification of the bonus return is tied to a minimum spend within a specific card spend period, the amount received from bonus return of 0.5% p.a. is tied to your Singlife Account value. Say a user spends S$500 and qualifies for the bonus returns, he will get 0.5% p.a. return on his Singlife Account value, so it’s actually (0.5% p.a. x S$10,000) which amounts to more than S$4 a month on the same S$500 spend.

Crediting of earned returns will happen on the following day (e.g. policy start date was 31st August 2020, so crediting date in September will fall on 1st October).

No, the minimum qualifying spend of S$500 has to be achieved within a specific card spend period in order to earn the bonus return for a period of one month. The spending in one card spend period has no bearing on any other card spend period.

Yes, card spend periods are independent of one another, you can choose to fulfill the spend criteria of minimum S$500 in any card spend period and you will then earn the bonus return for a period of one month after that card spend period.

Important Notes
  • The information on this page is meant for your general knowledge and does not regard any specific investment objectives, financial situations or particular needs any person might have. Nothing on this page constitutes the provision of financial advice.
  • Before making a commitment to purchase this product, you should consider whether the product is suitable for you by referring to the product summary, terms and conditions and FAQs. Alternatively, you may wish to seek advice from a financial adviser before making a commitment to purchase this product.
  • We hereby disclose to you that:
    (a) Your relevant money as defined under Payment Services Act (“PSA”) from Singlife Account will be held by us on behalf of you in a trust account opened with a safeguarding institution;
    (b) Your relevant money from Singlife Account will be deposited in a trust account together with, and commingled with, the relevant money received by us from our other Singlife Account customers;
    (c) There is no foreseeable risks of such commingling and you are able to withdraw your account value anytime via FAST;
    (d) The relevant money in the trust account with the safeguarding institution is insured by SDIC. Pursuant to section 23(7)(b) of the PSA, the customers’ relevant money deposited in a trust account are not liable to be taken in execution under an order or any court process, such as in insolvency proceedings. In the event of the insolvency of the safeguarding institution, the Monetary Authority of Singapore may make regulation under section 103 of the PSA on the manner in which the customers’ relevant money must be treated and dealt with; and
    (e) The safeguarding institution is not liable to compensate you for your claims against Singlife.
  • This policy is protected under the Policy Owners’ Protection Scheme administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme, as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association or Singapore Deposit Insurance Corporation Limited (SDIC).
  • Information is correct as at 1 July 2021.
  • This advertisement has not been reviewed by the Monetary Authority of Singapore.