Tag: information

Another easy $5 from CapitaLand app

On By RistrettzIn Deals, Finance, New Ideas, Personal Finance Series, PromotionLeave a comment

After all that hype and pretty good promotion AngPow vouchers for Lendlease Malls. I must say Capitastar pales in comparison. This is another easty$5 voucher from the CapitaLand app to get. It is little wonder that they are not even too concerned with the fact that their properties are located in areas that are pretty prime and have relatively decent or good location value. 

If you have not heard about the Lendlease promotion shopping app. Read my article here: Lendlease $20 free money. Hopefully you will still be in time for the promotion which is limited to 5000 sign ups.

Another easy $5 voucher from Capitaland and additional $5 on spending

Well, better than nothing. The initial quote is to go to the app click on profile on the top left, followed by Rewards for the code “LNY10OFF’

1. The initial $5 e-Capitastar voucher is only valid for 10 days and for the 1st 5,000 redemptions

Note that only 1 redemption per Eligible Shopper during the promotion period

2. The next 5 comes when you spend $100 at participating Capitamalls and for the 1st 500 redemptions per participating mall

Note that 1 redemption per Eligible Shopper, per mall, per day of the Promotion Period

Not fantastic but yeah, save while you can. If you do not have a Capitastar Shopping App, then you probably need to get one first in order to get those deals.

There’s no refer programme at the moment so probably get the one from the official app for a $5 sign up bonus by Capitastar themselves.

Capitastar Discount
Capitastar Promotion T&Cs

The CapitaStar Rewards Programme

CapitaStar is a card-less Rewards Programme with no membership fee or expiry. They reward you with STAR$® (on top of all other rewards on your everyday spend) when you make purchases at participating retailers across CapitaLand Malls. STAR$® are awarded automatically when receipts uploaded via the CapitaStar App are approved.

The STAR$® accumulated in this programme can be used to exchange for eCapitaVoucher and/or exclusive Deals on the CapitaStar Mobile App. 

Note: All purchases (including purchases with eCapitaVoucher as payment mode) made in ION Orchard are not eligible to earn STAR$®

How does CapitaStar work

1) SHOP or SPEND
Shop at any participating CapitaLand Malls (with min $20 spend per receipt) or at Jewel Changi Airport (with min $10 spend per receipt) and retain your receipts to earn STAR$®.  

2) EARN 
Simply snap your receipt with min S$20 spend and upload via the CapitaStar Mobile App ($1 spent = 5 STAR$®).
Receipts of purchase(s) must be submitted no later than the next day of purchase (11.59pm) to be eligible for STAR$®.  

3) REDEEM 
Redeem eCapitaVouchers via the CapitaStar Mobile App (5000 STAR$ or 4500 STAR$ for Passion Card Members = $5 eCapitaVoucher). You can also redeem exclusive shopping and dining rewards on the CapitaStar Mobile App to enjoy greater savings!

Disclaimer

If you like what you are seeing, do remember to check them out and do your diligence. There is no one-size-fits-all investment strategy and no one solution to life. Join my telegram group to find out more about deals and join the community to connect for ideas: Life Journey Telegram

If you have not heard about the Lendlease promotion shopping app. Read my article here: Lendlease $20 free money

Use my referral code ‘DZEqaq’ when signing up or click on this link: New Lendlease Sign-up link

If you like what I am sharing or if it resonates with you, do use my referral codes here at Referral Services

Quick Ang Pow $20 for Lendlease app

On By RistrettzIn Deals, Finance, New Ideas, Personal Finance Series, PromotionLeave a comment

This one comes a little at time but at limited supply.

Happy redeeming for new lendlease app owners.

You can spend at Parkway, Somerset 313, Paya Lebar Square and JEM malls for now.

Ang Pow
Example of how it looks like

Lendlease Promotion Refer for each to get $20 in e-Vouchers

First time I am seeing a referral $20 for $20 for both referral and referee.

If you restart the app, you need to rekey in the code to get the vouchers. Otherwise nothing will be allocated.

The app is a bit glitchy so be warned for now.

Only 5000 new lendlease sign ups get S$20 SIGN UP gift. Grab it early.

Once you download the app, you can only choose referral code or promocode. For this sign up promotion, the $20 for $20 is the most efficient one for now.

Use my referral code ‘DZEqaq’ when signing up or click on this link: https://lendleaseplusapp.page.link/gSRGPaWJpByeKrgz8

Disclaimer

If you like what you are seeing, do remember to check them out and do your diligence. There is no one-size-fits-all investment strategy and no one solution to life. Join my telegram group to find out more about deals and join the community to connect for ideas: Life Journey Telegram

Use my referral code ‘DZEqaq’ when signing up or click on this link: New Lendlease Sign-up link

If you like what I am sharing or if it resonates with you, do use my referral codes here at Referral Services

Interest Rate Series (DBS Multiplier) [2.5 out of 5 Burger Patties]

On By RistrettzIn Interest Rate Series, Interest Rates, Personal Finance Series, RandomLeave a comment

As on 4 November 2022

On 4 November 2022, 3 working days after OCBC rolled out their new interest rate on their flagship 360 accounts, DBS followed up with an email that the DBS Multiplier has increased from 3.5% to 4.1%. The balance cap amount is also increased to S$100,000

The Multiplier account has always been proportioned by the transaction amount.

below S$2,000

S$2,000 to below S$2,500

S$2,500 to below S$5,000

S$5,000 to below S$15,000

S$15,000 to below S$30,000

Above S$30,000

The next layer of categories to fulfil will be the number of categories. They are known to be:

1. Salary/Dividends/SGFinDex

The Salary portion has to be a GIRO transaction with code “SAL” or “PAY”, which seems pretty strict given that there are increasing numbers of the next generation in the ‘gig economy’

For dividend crediting, these eligible dividend has to be from CDP, DBS Vickers Securities, DBS Online Equity Trading, DBS Unit Trusts, DBS Online Funds Investing and Invest-Saver (Promotion their own eco-system)

Connecting and sharing financial information from SGFinDex to NAV Planner (I would think one needs to do this on a monthly basis

2. Credit Card Spend

For the monthly card spend, it has to be on any DBS credit card and has to be eligible spending. Eligible will be the usual suspects and it will be very much dependent on the MCC codes.

3. Home Loan Installment

Home Loan financing has to be from DBS or POSB (New or Refinancing). The eligible amount will be from the monthly home loan instalment amount.

4. Insurance

Similar to my previous post on insurance and investment in these high-yield accounts. These are usually valid for a limited period and interest rates are always subject to changes. Further, only selected insurance are eligible.

5. Investment

Nothing much to comment on here. This section will be pretty hard for most people to fulfil.

Additional option: The PayLah! Retail Spend. Honestly, don’t seem like a good deal to me.

The ideal interest rate will be between 0.9% to 2,5%. Frankly, nothing much has changed though and I don’t think it is even worth announcing via their communication channels. I feel like there wasn’t even much thought placed into it. I just felt like it isn’t any effort to compete with these changes. With the most recent 0.75 bps increase by the US Feds, this is not anything competitive and not quite worth looking into for now.

For more information, check the link here: DBS Multiplier Calculator

Conclusion

Nothing worth looking at for now. Till next time.

A New Singlife Grow & Referral Scheme

On By RistrettzIn Alternative Income, Deals, Personal Finance Series, Wealth & HealthLeave a comment

Singlife is offering up to $35 when you sign up for Singlife Account and their Singlife Grow. I’ve been following them for a while now and I realised that they have been promoting their GROW ILP account. I’m not sure if it took off well but given how there is marketing dollars to promote seems like it is encouraging a higher take up rate.  To get the $30 from grow, it takes very little effort. If you are an existing Singlife Account, you will still qualify for the Singlife Grow reward as long as you have never applied for Grow portfolio before. Just take note to use the code to get your credits – “ki02dAhi”

The new scheme and promotion

There isn’t a lock-in period for your funds, and you can withdraw without penalty but it seems like there is a cap at S$20,000 per account per day so do take note.

The interest mechanic

On top of the sign-up gift, you also get 0.5% p.a. additional returns for your Singlife Account when you set up your Grow portfolio which is a nice cherry on top of the sign-up bonus. This gives you 1.5% p.a. on your Singlife Account for the first $10,000.

Not to mention that if you complete the $500 spending per month, you get an additional 0.5% p.a. and that makes it 2.0% p.a. on your Singlife Account for the first $10,000.

The Additional Perks

As all promotion goes, do some form of diligence and check out the Terms and Conditions to understand what you are putting your money into. Read it here: Terms and Conditions

The Cash Mechanic goes like this.

a. If you are not an account holder, sign up using this code ki02dAhi + order and activate the Singlife debit card to get a S$5 sign up bonus

b. If you are an existing customer then check GROW out.

  • Sign and apply for your first GROW policy using this code ki02dAhi + Fund your first GROW policy with a minimum of S$1000 to get a $30 sign up bonus.

In short, if you are a new customer, your max benefits will be S$35 and if you are an existing customer, your max benefits will be S$30.

The Real Deal, GROW ILP (Investment Linked Plan-ILP)

Without doubt, I scrutinise at the term ILP. Personally, I have terminated 2 ILPs that I bought some time back without knowing what I was going into.

Singlife Grow is primarily an investment ILP with very minimal insurance. You don’t have to pay high upfront commissions nor high assurance charges, and no lock-in period for your funds. However, I’m not quite sure if there is a fund switch function and what the bid-offer spreads are like.

Singlife Grow is more of a hybrid robo-insurtech /advisor perhaps and I can’t really classify them under any sorts but for sure they are in the Insurance industry so hence the term ILPs. They are not the typical ILP which loads the consumer even before the investing starts so that’s a plus.

However, do take note of the investment risks so it can go both ways and there’s no guaranteed returns.

  • I understand that the fund managers who will be managing your funds will be from Aberdeen Standard investments
  • There will be three different class of investing, namely (Conservative, Balanced and Dynamic). Allocations can be found here: Grow Factsheet and the investment breakdown
  • They are also under ESG (Environmental, Social and Governance) which is a big thing these days as people approach sustainable investing.
  • Coverage will be 101% of Net premium or Account value (In the event it has gone up much higher)
  • Fees will be 0.25% per quarter of the account value. (Management Charge)
  • No Cost of Insurance (Excellent)

Some important information to note:

Singlife Launches Member Get Member Programme, Rewarding New and Existing Customers S$35 for Every Referral

Benefit

  • All referrers and referees receive S$30 when the referee signs up for Grow, and S$5 when the referee creates a Singlife Account and activates their Singlife Visa Debit Card. With no limits to the number of referrals, customers can continue to refer and receive more rewards.

The Grow ILP – Investment Linked Plan

  • Singlife’s Grow is an Investment-Linked Policy (ILP) with portfolios managed by Aberdeen Standard Investments. Accessed through the Singlife App, customers can manage, save and invest simply through a single interconnected platform with absolutely no lock-ins. For more information on Grow, visit https://singlife.com/grow/.

The Flexibility

  • The Singlife Account continues offering the same flexibility customers desire with no lock-ins or withdrawal fees, and better peace of mind. For more information about the Singlife Account, visit https://singlife.com/manage/.  However last I tried, there is a cap of S$20,000 limit of transfer out per account per day so do take note.

The physical card

  • The Singlife Account is Singlife’s flagship everyday insurance savings plan that comes with a free Visa Debit Card, carrying no FX fees for foreign currency transactions.

The protection by SDIC

  • The Singlife Account and Grow are protected up to specified limits by Singapore Deposit Insurance Corporation (SDIC).

Disclaimer

This is not a sponsored post. This is purely my own opinion after using their service and/or products. If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy. Just take note to use this code to get your credits – “ki02dAhi“

Now, if what I am sharing does resonates with you, do use my referral codes here at Referral and Recommendations

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://atomic-temporary-178675883.wpcomstaging.com/contact/

The pictures were taken from Singlife website for this article.