What is the Singlife Account?
The Singlife Account is an insurance savings plan where you can earn daily interest on your savings, with no lock-in period or fees. Make top-ups and withdrawals whenever you want, and enjoy life insurance cover in the event of death and terminal illness.
Earn up to 3.5% p.a.*
on your first S$10,000!
*Up to 3.5%p.a. = 1.5% p.a. base return + 0.5% p.a. Bonus Return from the Save, Spend, Earn Campaign + 0.5% p.a. Bonus Return from the Singlife Sure Invest Bonus Return Campaign + Cash Bonus from the Singlife Account Special Incentive Campaign + 0.5% p.a. return from Additional Return Campaign (from 14 Nov 2022 to 14 Dec 2022)
Earn up to 1.5% p.a.^ base return
Start earning with a minimum of S$100. Capital guaranteed with no hidden fees or charges.
You get life insurance coverage of up to 105% of your account value.
Indulge in retail therapy and earn as you spend with our Singlife Visa Debit Card.
No lock-in period
You can withdraw your money anytime via FAST with no costs and no minimum term.
Easy application process
Just download the app and sign up – a few minutes is all it takes.
^Note that all crediting rates are not guaranteed. The Singlife Account is an insurance savings plan. It is neither a bank savings account nor a fixed deposit. Each person is only entitled to one Singlife Account.
How is the return calculated?
The amount earned will be calculated based on your daily account value and will be credited on the first day of the following policy month.
The return (crediting rates) will be declared as annual rates and will be converted to daily rates on a compound basis, assuming there are 365.25 days per year.
Enjoy no lock-in period with your Singlife Account
This means you can access and withdraw your money any time from your Singlife Account policy or spend with your Singlife card without any financial penalty.
Withdraw your money via FAST with no fees at all
Follow these easy steps!
From the Singlife App, tap on ‘Withdraw’ on your Singlife Account dashboard.
Tap on ‘Add Bank Account’ and enter your designated personal bank account details.
Enter and confirm your withdrawal amount. Give a swipe and your money will be transferred almost instantly.
What does "lock-in" mean?
Some financial products have a "lock-in" period. This is the length of time during which you are not allowed to change your financial arrangement - which includes the early withdrawal of your money.
Financial penalties may apply if you withdraw your money early and the amount received may be less than the initial amount you put in.
Is a minimum account value required?
The minimum account value is S$100. There will be no returns or benefits with your Singlife Account policy if this value falls below S$100.
Sign up in just a few minutes
Follow these four simple steps. A few minutes is all it takes.
Flip card for more details
the Singlife App
The Singlife App is available on the Apple App Store and Google Play Store.
your Singlife ID
To start, create your Singlife ID by setting up your login credentials.
for your Singlife Account policy
Next, apply for your Singlife Account policy via Myinfo with Singpass to verify your personal details.
your Singlife Account policy
Once your application is approved, get started with a minimum S$100 to start earning up to 3.5% p.a.* return.
What is a Singlife ID?
The Singlife ID is a unique identifier that's created for the purpose of online applications.
How do I fund my Singlife Account policy?
After setting up your account, you may use FAST or PayNow, via your personal internet banking account(s), to fund your Singlife Account.
Don't take our word for it
Hear what our customers say!
The Singlife Visa Debit Card
Enjoy no FX fees and no annual fees charged by us.
With your Singlife Visa Debit Card, there will be zero FX fees charged by us on your overseas purchases. Enjoy retail therapy without any worries.
Keep track of your spending with our instant notifications.
What are FX fees?
FX fees are imposed on transactions effected in foreign currencies (non-SGD), overseas transactions effected in SGD, via Dynamic Currency Conversion, as well as SGD transactions processed outside of Singapore.
FX fees typically add up to 2-4% of your converted SGD amount.
How to order your complimentary Singlife card
Follow these easy steps after you have applied for your Singlife Account!
From the Singlife App, tap on ‘Order Card’ on your Singlife Account dashboard.
Confirm your delivery address.
Confirm the display name on your Singlife card and proceed with your order and your Singlife card will be on its way!
How to activate your Singlife card
Follow these easy steps!
From the Singlife App, tap on ‘Activate Card’ on your Singlife Account dashboard.
Key in the 9-digit code found at the back of your Singlife card.
Your Singlife card is now activated!
Earn up to 3.5% p.a.*
on the first S$10,000 in your Singlife Account
Simply spend with the Singlife card and invest with Singlife Sure Invest, our investment-linked policy, from 1 July 2021 to 31 December 2022.
*Up to 3.5% p.a. = 1.5% p.a. base return + 0.5% p.a. Bonus Return from the Save, Spend, Earn Campaign + 0.5% p.a. Bonus Return from the Singlife Sure Invest Bonus Return Campaign + Cash Bonus from the Singlife Account Special Incentive Campaign + 0.5% p.a. return from Additional Return Campaign (from 14 Nov 2022 to 14 Dec 2022).
This policy is underwritten by Singapore Life Ltd.
This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You may get a copy of the Product Summary from us and the participating distributor's offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. If you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you.
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 are 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 is 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 a 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 with Aviva.
This advertisement has not been reviewed by the Monetary Authority of Singapore. The information is accurate as of August 2022.
This policy is protected under the Policy Owners' Protection Scheme which is 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 SDIC websites (www.lia.org.sg or www.sdic.org.sg).