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Deal: Get $10 When Signing up for Singlife Account, and $10 for Each Friend You Refer

Updated 3rd November 2020 Seth

Update 30th October 2020, from Singlife: Singlife’s Paid Referral Programme has enjoyed a successful run and will come to a close as of 1 November 2020. Thank you for all your support! Upon the Effective Date of Termination (1 Nov 2020), all referees who have successfully in-forced their Singlife Account(s), by the Effective Date of Termination, will have up to fifteen business days (i.e. by 20 Nov 2020) to order and activate their Singlife Visa Debit Card to qualify for the S$10 bonus.

If you have been procrastinating and still haven’t signed up for Singlife Account which currently gives a handsome 2.5% pa rate on your savings, here is some money to nudge you into action.

Get $10 when you complete these steps:

  1. Download the app on your phone and sign up
  2. Order and activate the free debit card

Remember Step 2 in order to get your $10!

After that, you are also able to refer your friends and get $10 for each friend you successfully refer. They too will get $10 for starting their Singlife Account.

For the uninitiated, these are the compelling features Singlife Account offers:

  • 2.5% pa on $10,000 of savings
  • 1% on the next $90,000
  • Capital guaranteed
  • Withdraw and top up any time without penalty
  • Death benefit on your account value
  • SDIC insured

This referral programme just launched, and I can only weep at the number of referrals I have missed over the past few months; my Singlife Account review is the 2nd most read article of my entire site.

Well, better late than never. It is already a very good product, and an additional $10 is icing on a very sweet cake.

You may also want to see the comparison I wrote pitting Singlife Account with other popular insurance savings accounts that have popped up over the past few months.

Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.

He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.

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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. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).

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2 thoughts on “Deal: Get $10 When Signing up for Singlife Account, and $10 for Each Friend You Refer”

  1. Anonymous says:
    3rd August 2020 at 6:53 pm

    Hi,

    How do you calculate the daily bonus interest amount? Roughly how much would one get to earn monthly?

    Loading...
    Reply
    1. Seth says:
      3rd August 2020 at 6:55 pm

      It’s 2.5% pa compounded daily and credited monthly. Around $20+ every month for $10,000.

      Loading...

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