Thanks to Z S from the Telegram group chat for pointing this out
In a continuing trend of falling interest rates, the rate of Dash EasyEarn has been decreased from 2.0% p.a. (1.5% guaranteed + 0.5% bonus) for the first year to 1.8% p.a. (1.5% guaranteed + 0.3% bonus) for new sign ups as of today (25th September).
Existing policyowners are not affected and remain at 2% p.a. (1.5% p.a. + 0.5% bonus). Regardless, Dash EasyEarn is a relatively new product so it is surprising to me that a cut has come this soon.
This follows Elastiq, also from Etiqa like Dash EasyEarn, being withdrawn. eSave Advance continues to be available until the end of this month, and is a safeguard against the continually falling rates we have been witnessing because it guarantees a 1.80% rate for three years while still allowing for withdrawals.
Singlife Account continues to give a handsome 2.5% p.a., but it’s perhaps inevitable that a drop would come. Let’s hope that happens later rather than sooner.
Etiqa also has Gigantiq which is very similar to Dash EasyEarn, and at present still gives the 2% p.a. rate it launched with.
I have been in touch with someone from Etiqa for a referral incentive programme, and they are working on something, although it is currently unclear what the specifics are. You can sign up for GIGANTIQ here, or read the review first.
If you are interested in short-term savings plans, subscribe to my Telegram to get timely updates. There is at least one upcoming product with limited tranche coming up soon.
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips exclusively shared in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. None of the information here constitutes personal financial advice. Thank you for supporting my site!