Get covered for COVID-19 and personal accidents for less than $0.30/day
Protect yourself and your family members from the impact of the novel coronavirus. The ongoing pandemic has means uncertainty for a lot of people. To cope with the health and financial challenges, SingSaver has launched a personal accident insurance policy with FWD to extend coverage for COVID-19.
The new and exclusive insurance product will cover infectious disease including COVID-19, Dengue, Zika and more at only $98/year — one of the cheapest in the market.
One of the highest limit/coverage for COVID-19
The policy offers coverage for the highest number of Infectious Diseases in the market. It also has the highest Death Benefits of $50,000; plus Guardian Angel Benefits and Funeral Expenses Benefits at $50,000 and $2,500 respectively.
That is not all. You will be covered with a $1,000 limit for inpatient and outpatient expenses and $25/day in hospital income for up to 365 days! ($50/day if you are admitted to ICU) Yes, you see it right. Insurance coverage for the entire year. (Most insurer has a higher daily hospital cash payout but has a cap of around 14 – 30 days)
With unlimited medical evacuation, you enjoy a peace of mind if you contract an infectious disease or met with a accident overseas.
No occupation loading
Working in an environment that carries more risk? Most insurers in the market impose occupation loading which increases the price by as much as 80%! You’d be glad to know that FWD does not impose occupation loading. (Yay, for frontline healthcare workers)
The plan also covers all personal accidents
The personal accident plan also covers all accidents. In the unfortunate event that there is an accident i.e. your Grab ride gets into a collision or a GrabFood rider on e-scooter knocks into you, you are well covered with this policy.
Frequently Asked Questions
For hospitalisation due to accidents and COVID, cost of ward stay is excluded right? (i.e. I’ll need to have medical insurance for that instead)
Covid19 – SG govt covers the hospitalisation ward stay, so the $1K medical expenses is additional $ for you. For other infectious diseases and Accidents, your ward stay can be reimbursed via medishield life/ integrated shield plan (the $1K medical expenses is additional $ for you).
The plan covers me for 1 year. Anything to note if I want to renew?
Usually renewal or buying a PA policy will ask some questions like Age below 65, never excluded from any PA insurance
applications previously, etc.
Does it cover accidents arising from car accidents? i.e. my Grab ride gets into a collision, or a GrabFood rider on e-scooter knocks into me
Yes, it covers ALL ACCIDENTS – as long as it is an accident.
OCBC, HSBC and Standard Chartered offer the lowest interest personal loans in Singapore, available exclusively on SingSaver.
Editor’s note: Personal loan and bank rates are subject to change. Last updated 7 October 2019.
Whether it’s due to an emergency or simple cash flow management, most of us will need a personal loan at some point. Personal loans do get a bad reputation sometimes, but if you understand how to manage cash flow and know how to take advantage of promotional interest rates, they can be used to your advantage.
The most important factor when deciding on a personal loan is the interest rate for the personal loan. The lower the interest rate, the better. This is especially true if you need to borrow a large amount. Interest rates being offered via SingSaver are often lower than the ones being offered by the bank but also take note that ultimately, the final loan interest rate will also take into account your credit score, salary and repayment history.
Also pay attention to any admin or processing fees involved (sometimes, they are waivable), annual fees, how quickly you can get your cash as well as the monthly instalments to be repaid. Here’s a quick guide on the dos and don’ts when applying for a personal loan. We’ve compared the lowest interest rate personal loans available on the market right now and shared them below.
Enjoy the low interest rate of 3.5% p.a. (EIR 7.27% p.a.) — the lowest in the market currently — when you apply for an OCBC Personal Loan. This rate is exclusive for new to OCBC loan customers who apply via SingSaver. In addition, receive up to $320 in Capitaland vouchers with a minimum loan amount of $8,000. (Note: existing OCBC loan customers will be offered an interest rate from 4.7% p.a)
The downside for this loan is there’s a one-time processing fee of 1% of the loan amount. So if you’re looking at a $20,000 loan amount, that will be a processing fee of $200.
Do note that you will need to open an OCBC Credit Card or OCBC EasiCredit account to service your loan. Your maximum credit limit will be 6x your monthly salary if you’re earning $120,000 a year and above (if not, it will be 4x your monthly salary). Click the “Apply Now” button below, which helps you apply for both the credit account and cash loan all at once.
SingSaver Exclusive Rate
This low rate of 3.5% p.a. (EIR 7.27% p.a.) for your OCBC Personal Loan is exclusive to customers who apply through SingSaver and is not available on the bank’s own website.
If you’re looking at a loan tenor of 2 to 4 years, the HSBC Personal Loan offers the best annual interest rate of 3.7% p.a. (EIR 7% p.a.) for all income levels above S$30,000 per annum. This interest rate is only available on SingSaver and cannot be found on HSBC’s own website.
The HSBC Personal Loan also offers the longest loan tenor on the market — you can spread out your payments over up to 7 years. Enjoy a waiver of the S$88 processing fee as part of your welcome offer.
Loan amounts range from a minimum of S$5,000 to a maximum of 4x your monthly salary. If your annual income exceeds S$120,000, you can borrow up to 8x your monthly salary, or a maximum of S$200,000.
Foreigners residing in Singapore will need a minimum annual income of S$40,000, and may borrow up to 2x their monthly income, or a maximum of S$100,000.
With a guaranteed flat interest rate of 3.88% p.a. (EIR from 7.63% p.a.), regardless of loan amount or tenure, the Standard Chartered CashOne Personal Loan is one of the best options in the market.
There are no processing fees for this loan but Standard Chartered charges an annual fee of S$199 (waivable for the first year). Subsequently, a S$50 fee waiver will also be awarded (in the form of a cashback) from the second year onwards if all payment is received by the due date for the past 12 months.
What’s more, you can now get instant approval and loan disbursement – no more waiting 3-5 working days to receive your cash! From now till 29 February 2020, you can also receive an Apple AirPods worth $239 when you apply for a minimum loan of $10,000!
Nationality
Age
Minimum Annual Income
Other requirements
Singaporean or Permanent Resident (PR)
21 – 65 years old
S$30,000 and above
N.A.
Foreigners (residing in Singapore)
21 – 65 years old
S$60,000 and above
• Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes
• Q Pass holders must have minimum 1-year validity remaining on their passes
For a limited time between now until October 31, Standard Chartered are offering a fee-free personal loan with a flat interest rate of 4.49% (EIR from 8.4% p.a.). It comes with:
annual fee permanently waived
no early redemption fee (after 9 months)
instant approval and cash if you apply via MyInfo
$160 cashback for successful applicants with minimum $20,000 loan
As there is no “lock-in” period, this limited offer is ideal for people looking for a fuss-free (and fee-free!) product as a means for investment or quick emergency cash.
Nationality
Age
Minimum Annual Income
Other requirements
Singaporean or Permanent Resident (PR)
21 – 65 years old
S$30,000 and above
N.A.
Foreigners (residing in Singapore)
21 – 65 years old
S$60,000 and above
• Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes
• Q Pass holders must have minimum 1-year validity remaining on their passes
If you’re still undecided, we’ve compared all the personal loans being offered by banks so you can easily compare the various terms and conditions. Compare and apply through SingSaver now and save more with exclusive welcome gifts and better interest rates.
Alternatively, check out our summary of the Best Personal Loans in Singapore 2019 for our recommendations of the best loans based on different needs.
There are many benefits to having and using a credit card. From enjoying cashback and discounts to chalking up air miles for your next holiday, the credit savvy are charging everything to their credit card.
When used wisely, it could actually help you save money while letting you enjoy the perks exclusive to the cardholders.
And for a limited time only, receive up to $500 cash, vouchers, cash backs and more when you apply for any of the selected credit cards before 30 November 2018.
SingSaver, a trusted partner of American Express, is offering a credit card sign-up bonus of up to S$300 with successful application(s) of American Express credit cards this November.
What’s more, if you use “MyInfo” to complete your application, you’ll receive an additional $20 NTUC voucher. Best of all, even existing AMEX card holders are eligible for these cold hard cash incentives.
Let’s break down the 3 reasons:
1. Earn up to S$320 by pairing 2 AMEX credit cards in your wallet
First, let’s look at the individual AMEX credit card sign-up bonus currently available on SingSaver:
*Offer only on SingSaver, not via the bank
But what happens if you pair two credit card sign-up bonuses together? Here are 3 possible scenarios when you apply for the following card(s) and have them subsequently approved.
Register for your rewards here after completing your application.
In addition, completing the application using MyInfo will earn you an additional S$20 in NTUC vouchers.
2. All-round miles, cashback and rewards with AMEX cards
Now, let’s break down the benefits of owning each card.
American Express Singapore Airlines Krisflyer
Up to 15,800 Krisflyer miles on S$3,000 spend in first 3 months
No Frequent Flyer Program transfer fee
2 miles per S$1 spend on SIA flights
S$30k annual income requirement
500 bonus miles on first charge on Grab rides
3.1 miles per S$1 spend on Grab rides
American Express True Cashback
Enjoy 3% cash back on first S$5,000 spend for first 6 months, 1.5% cash back thereafter
No minimum spend or cashback cap
S$30k annual income requirement
American Express CapitaCard
Up to S$60 CapitaVoucher upon S$1,500 spend in first 3 months
10X STAR$ per $1 under the STAR$ Extra programme
S$30k annual income requiremen
Here’s a chart summarising key benefits of each card:
3. S$20 NTUC voucher using MyInfo to complete application
To simplify the application process, AMEX has successfully integrated MyInfo, a government-led initiative that helps complete forms using your SingPass ID. More here. Upon card approval, you will receive additional $20 voucher for using this option.
How to complete card application in 3 simple steps:
Owning a credit card is something that most Singaporeans have for its benefits, but how do you know that you are getting the most bang for your buck with that movie deal or that buffet dinner? With the plethora of credit cards in the market, finding a suitable credit card for your lifestyle needs may be daunting. Therefore, we have rounded up the best credit cards for you, which offers the best deals for your lifestyle, so you do not need to do it. So, get the most out of your travels, shopping, entertainment and more, with this guide.
Psst! Even if you already own a credit card, you can consider signing up for another one! Promotions varies from company to company, and you may score a deal with another card!
Cards selected was chosen from SingSaver’s comparison tool. Here are the top 7 credit cards for your different lifestyle needs.
1) For The Gourmand, Shopaholic and Movie Buff
Upsize your rewards with the Standard Chartered Rewards+ Credit Card for overseas and Singapore use. With 10X reward points for every $1 spent in foreign currency transactions, 5X reward points for every $1 spent on local dining, and 1 reward point for all other spending. These accumulated points can be converted to cash rebates or even flight miles. Besides reward points, the Standard Chartered Rewards+ also offers 1-for-1 Platinum Movie Suites Tickets with Cathay Cineplexes and exclusive dining privileges of up to 50% off at The Fullerton Hotel Singapore and The Fullerton Bay Hotel. Now, you can impress your date while you save! For those who use their cards for Grab rides in Singapore and overseas before 31 December 2018, you can also enjoy up to 15% off on your Grab booking.
Application Benefits: $100 cash back for new customers and $20 cash back for existing customers. This promotion ends 31 Jan 2019.
SingSaver Bonus Benefit: Additional $50 cash for new customers and $20 cash for existing customers. This promotion ends 31 Oct 2018.
If you travel frequently, Citibank’s PremierMiles Visa Card would tickle your fancy. Earn 1.2 Citi miles per $1 local spend whereby 1 Citi miles = 1 mile with Krisflyer, Asia Miles, etc. Double up your earned miles overseas with foreign currency spent on retail purchases with Citibank’s current promotion from 10 October – 31 December 2018. Besides earning miles for your next flight, hotels, rewards or cash rebate, the PremierMiles Visa Card also offers complimentary access to over 600 airport VIP lounges twice a year with Personalised Priority Pass membership card. Also, receive complimentary Travel Accident Insurance on your travels.
Application Benefits: Get 30,000 bonus miles with annual fee payment + spend a min. of $7,500 within the first 3 months for new applications. This promotion ends 31 Oct 2018.
SingSaver’s Bonus Benefit: Additional $200 NTUC/Takashimaya/Grab vouchers for new customers and $50 NTUC vouchers cash for existing customers. This promotion ends 31 Oct 2018.
For those who love travelling luxuriously, specifically on Singapore Airlines, apply for the AMEX Singapore Airlines KrisFlyer Ascend Card and pamper yourself with great savings. Enjoy one night complimentary stay at any of the 101 Hilton Properties in Asia Pacific, and four complimentary lounge access passes to any participating SATS Premier and Plaza Lounge every year. Also, if you spend S$10,000 within 3 months of your card approval, you can receive 43,000 KrisFlyer Miles! Enough to redeem an Economy Class ticket to Maldives!!!!!!
Application Benefits: Get 5,000 miles upon first spend and S$10,000 within 3 months of card approval and receive 26,000 bonus miles + 12,000 on 1.2 earn rate. This promotion ends 31 Oct 2018.
SingSaver’s Bonus Benefit: Additional $150 cash for both new and existing customer. This promotion ends 31 Oct 2018.
For savings on your daily expenditures such as groceries, bills, fast food, movies and more, enjoy up to 5% savings on Citibank’s SMRT Card with a minimum monthly spend of $300. Do your grocery shopping at FairPrice Xtra Kallang Wave and get 7.3% savings! Also doubling up as a transportation card, manually topping up your EZ-Link card is no longer necessary as the card offers an EZ-Reload feature with 2% savings with each top up. All accumulated savings go to SMART$ points, which can be redeemed for cash rebates, rides and shopping vouchers. You can earn a maximum of SMRT$600 annually.
SingSaver’s Bonus Benefit: Additional $200 NTUC/Takashimaya/Grab vouchers for new customers and $50 NTUC vouchers cash for existing customers. This promotion ends 31 Oct 2018.
For those who drive, apply for Citibank’s Cash Back Visa Card and enjoy fuel savings of up to 20.88% at Esso and Shell. This cash back card also offers 8% cash back on Grab, dining, groceries and fuel worldwide. Cash back is capped at S$25 per category per statement month, with a minimum spend of $888 per month.
SingSaver’s Bonus Benefit: Additional $200 NTUC/Takashimaya/Grab vouchers for new customers and $50 NTUC vouchers cash for existing customers. This promotion ends 31 Oct 2018.
Those who wish to get more discounts on your expensive purchases can also apply for the HSBC Advance Card. Receive 2.5% cash back for expenditures more than $2000 a month, or 1.5% for spending below $2000. If you are a HSBC Advance banking customer, you will gain an additional 1% cash back too! Cash back is capped at $70 per calendar month, or $125 per calendar month if you are a HSBC Advance banking customer. So if you are eyeing that new iPhone or that computer, it may now be the right time to buy it. *wink
SingSaver’s Bonus Benefit: $150 cashback for new customers and $100 cashback
for existing customers, upon $600 spend in first 30 days. This promotion
ends 31 Oct 2018.
If you are an extravagant spender and the Advance Card does not fulfil your needs due to its cap, consider the AMEX True Cashback Card. At 1.5% cash back with no cap and no minimum spend, receive greater cash back for your purchases if you spend above $4,667.
Application Benefits: 3% cashback on up to a total of S$5,000 spend for the first 6 months for both new and existing customer. This promotion ends 31 Dec 2018.
SingSaver’s Bonus Benefits: Additional $150 cash for both new and existing customer. This promotion ends 31 Oct 2018.
To enjoy SingSaver’s Bonus Benefits, apply for your cards directly through SingSaver. More information on promotions and cards can also be found on the website! For those who have applied for the cards, do not forget to fill up the gift redemption form to register for SingSaver’s exclusive benefits!
We have provided a table as a summary of the discounts exclusive to SingSaver for the respective banks below.
*All promotions are valid till 31 October 2018 and subjected to T&Cs.
Register for your rewards 
