NTUC Members deserve the best — both at work and at play

At the National Trades Union Congress (NTUC), every worker matters! Apart from protecting and advancing workers’ rights, NTUC also strives to support working families through the various stages of their lives and moderate the cost of living. In commemoration of its 60th anniversary, NTUC has curated a wide range of deals and privileges for its members and workers, staying true to its anniversary tagline of “Members First, Workers Always”.

Get to know the NTUC Membership

An NTUC Membership brings benefits to workers from all walks of life and helps to reduce the overall cost of living through the myriad of personal finance deals, money saving tips as well as daily deals. These deals can be categorised into several categories that often impact a typical member’s life:

  • Savings on daily essentials
  • Savings on leisure activities for enjoyment
  • Training to prepare for future jobs
  • Health & financial well-being
  • Workplace protection and support

With such all-encompassing offers, these ensure your needs at work and in life are well supported. Indeed, there is no better time to be an NTUC Member as there are plenty of deals and discounts in conjunction with their anniversary campaign.

60 years by your side – Members First, Workers Always

To celebrate 60 years of being by the side of NTUC Members, here is a glimpse of the list of promotions Just For You. These exclusive privileges are specially curated with a focus and emphasis on NTUC social enterprise offers.

MoneyOwl

MoneyOwl is specially inviting all NTUC Members to take charge of your financial future. The newly launched Fullerton MoneyOwl WiseIncome Fund is a flexible income solution that can help to supplement members’ income and cater to their changing financial needs. Enjoy 0% advisory fee (standard rate is 0.5%-0.6%) on WiseIncome Fund till 31 Dec 2021. More details here here.

NTUC LearningHub

Learn anytime, anywhere, with LHUB GO Grow60. At only $6 a year, you will be able to gain access to over 60 courses specially curated according to NTUC LearningHub’s proprietary research on the in-demand skills coveted by employers in Singapore. Boost your employability today via this exclusive LHUB GO 60-Course Package (GROW60).

ShopBack

ShopBack provides cashback for your online and in-store purchases, netting you more savings effortlessly. New ShopBack users enjoy $6 sign-up offer by clicking through this link and downloading the ShopBack app. Existing  ShopBack user enjoys $1 bonus cashback for spend on any online merchants via ShopBack. All offers are valid till 31 July 2021.

ezbuy

Simply download MyNTUC app, login and receive exclusive eCoupons and promo codes now. New Customer enjoy $6 OFF with min. spend of $12 while existing Customer enjoy $6 OFF with min. spend of $40.

Cat & the Fiddle

Enjoy $6 OFF all whole cake purchases at Cat & the Fiddle. Promotion is applicable both in-store and online. For online purchases, retrieve the promo code here before checking out on Cat & the Fiddle’s page.

Sign up for NTUC Membership

Become an NTUC Member today and be rewarded with the best – both at work and play. Not an NTUC Member yet? Sign up here to enjoy the exclusive benefits at just $0.32 per day. Furthermore, receive a free OTO Ginnie Beanie worth $108 when you sign up online (terms and conditions apply*)

*Upon payment of 6-month membership fee and successful application for Credit/Debit Card Recurring arrangement for subsequent membership fees.


About NTUC

The National Trades Union Congress (NTUC) is a national confederation of trade unions as well as a network of professional associations and partners across all sectors in Singapore. NTUC strives to help workers of all collars, ages and nationalities achieve gainful employment through better jobs, and a better living through higher wages so they can live a better life. Apart from protecting the rights and advancing the interests of our workers, NTUC also supports working families through the various stages of their lives and moderate their cost of living.

 

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Invest Your SRS with MoneyOwl And Get Up To $200 Shopping Vouchers

The Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement. Unlike the Central Provident Fund (CPF), it is not compulsory to participate in the SRS scheme. A key benefit of SRS is that members can enjoy dollar for dollar tax relief, capped at $15,300 per annum for Singaporeans while saving towards their retirement goals. As a tax deferral scheme, when you subsequently withdraw from your SRS after the statutory retirement age, only 50% of the amounts withdrawn will be subject to tax. Individuals who would like to open an SRS account can do so with either DBS, UOB or OCBC bank.

Don’t leave your funds in SRS un-utilised

After transferring funds into your SRS account, don’t leave it un-utilised! According to Ministry of Finance (2019), over 28% of SRS contributions sit idle as cash balances, earning a low interest rate return of only 0.05% p.a.

There are many ways that you can utilitse your SRS contributions to grow your retirement funds, such as investing in unit trusts, ETFs, stocks, bonds (including Singapore Saving Bonds and Singapore Government Securities) and single premium insurance.  A particular affordable and convenient way is to invest your SRS funds with MoneyOwl to boost your future retirement fund. Here’s why you should do so.

Invest your SRS with MoneyOwl

Investing your SRS funds with MoneyOwl starts from as little as S$50/month or $100 as a lump sum. This means that it is possible to start early without waiting for your SRS funds to accumulate to a substantial level. Besides, there is no platform fee so that more wealth is generated for the you in the long run. With MoneyOwl, you gain access to a globally diversified portfolio of companies with good growth potential at value prices.

Receive up to $200 eCapita shopping vouchers

MoneyOwl is offering a limited time SRS promotion valid till 31 Dec 2020*

Tiers Qualifying Conditions* eCapita voucher
1 S$1,000 to S$10,000 fresh funds invested OR; $50
2 S$10,001 to S$50,000 fresh funds invested OR; $100
3 S$50,001 and above fresh funds invested $200

More details can be found on MoneyOwl’s website

*T&C:

  • This promotion is only valid from 9 November to 31 December 2020.
  • This promotion is only open to the first 500 people who successfully invest their SRS funds with MoneyOwl.
  • Promotion is valid for one-time top ups using SRS funds only. Regular savings plans/ monthly SRS investments are not eligible.
  • Promotion is not valid for cash investments and investments in WiseSaver portfolio.
  • You need to stay invested and not withdraw your funds for at least 2 months after the promotion period is over (i.e. till end-February 2021). Vouchers will be sent to you in March 2021.
  • Only new MoneyOwl clients are eligible for S$50 voucher redemptions.
  • Both existing and new MoneyOwl clients are eligible for the $100 or $200 voucher redemption.
  • MoneyOwl reserves the right to change these terms and conditions from time to time.

About MoneyOwl

MoneyOwl empowers and fulfils lives by helping people make wise decisions to achieve their financial goals. With one of the lowest fees in the market, invest your SRS funds with MoneyOwl today to boost your future retirement income.

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Write Your Will For Free And also Receive $5 GrabFood Credit!

Writing a will in the past used to be a cumbersome and costly affair. It had to be done in the presence of legal counsel where fees could easily run into the hundreds or even thousands of dollars. Thankfully, MoneyOwl has made the will writing process extremely fast, convenient and affordable (FREE!). As an NTUC Social Enterprise, MoneyOwl has inherited a legacy of doing social good and caring for the community. Will writing is just one of the products and services offered at MoneyOwl to help ordinary Singaporeans manage their money well so that they can reach their life goals.

Importance Of A Will

The importance of a will cannot be underestimated, yet it is often one of the most neglected actions. In the absence of a will, intestacy laws will determine how the deceased’s estate is distributed to the beneficiaries. For instance, if you have a spouse and child, your parents will not get a piece of your estate in the event of your death. On the other hand, having a will allows you to dictate how your estate will be distributed and ensure that your intended beneficiaries will be taken care of.

Furthermore, you get to appoint your own executor and trustee to manage your assets and execute your will. This not only gives you peace of mind but is also a financially responsible act to your loved ones. Having a will helps you prevent unnecessary disputes amongst your loved ones.

Write Your Will For Free

Writing your will with MoneyOwl is fuss-free and easy. As no lawyer is required to be present, will writing can be done online anytime, any day. All these in less than 10 minutes and from the comfort of your home! All you need to prepare beforehand are the names and NRIC of your beneficiaries, executor, and two witnesses. Find out more on MoneyOwl’s website.

Receive $5 GrabFood Credit

If offering its valuable will writing service for FREE is not a good enough reason for you to take action, how about an additional $5 GrabFood credit? That’s right, MoneyOwl is giving out $5 GrabFood credit to new MoneyOwl clients who successfully complete their will writing service before 20 Nov 2020*.

Hurry and take advantage of this limited-time promotion to get your will drafted for FREE today with MoneyOwl!

*Only applicable to the first 1,500 clients NEW to MoneyOwl and who successfully complete their will within the campaign period (21 Sep – 20 Nov 2020).

Learn More About Will Writing

If you would like to learn more about will writing and why you need one, watch MoneyOwl’s Webinar on Will Writing that they have recently held.

 

 

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