Chocolate Finance is thrilled to introduce an upgrade to its popular Chocolate Top-Up Programme, enhancing its appeal for those looking to make the most of their cash reserves. With a new cap of S$50k for eligible balances, users can now enjoy boosted returns at 3.6% p.a. on the first S$20k and 3.2% p.a. on the next S$30k. This substantial boost represents Chocolate Finance’s commitment to delivering reliable, accessible returns that fit seamlessly into a customer’s financial goals.
Top-Up Programme now supports balances up to S$50k!
Under the new structure, a balance of S$50k could yield S$4.50 daily, S$138 monthly, and S$1,650 annually, all conveniently accessible in the Chocolate Finance app. This improvement aligns with Chocolate Finance’s mission to simplify the path to financial growth without the usual barriers or restrictive terms. Users can rest assured knowing they have the flexibility to withdraw their funds whenever they need, with no lock-ins or complicated criteria to meet.
Guaranteed 3.6% p.a. during the qualifying period
If they don’t make the target returns for your first S$50k (3.6% p.a. on your first S$20k and 3.2% p.a. on your next S$30k), the difference will be topped up during the qualifying period. In the app, you will now see a breakdown of your returns for amounts up to S$50k and for any amounts above S$50k, making it easier for you to track your earnings. You can tap on the first S$50k to view the detailed breakdown of 3.6% on your first S$20k and 3.2% on the next S$30k.
How to Get Started
Opening an account with Chocolate Finance is completely free. Simply download the Chocolate Finance app, sign up with Singpass MyInfo, and start growing your savings today.
The company’s innovative Top-Up Programme has also added a valuable assurance: if the target returns on the first S$50k are not met, Chocolate Finance will top up the difference during the Qualifying Period, which extends until March 31, 2025, or until reaching the ambitious target of S$1 billion AUM.
Important Information
Is the money in Chocolate Finance Account safe from capital losses, can I lose my principal sum?
The short answer is the money you put into your Chocolate Finance account is not safe from capital losses. However, for the long answer, you need to understand these 3 things:
- Investment strategy: Any money you put into your account (capital) is then invested into a portfolio of fixed-income funds designed to optimise risk-adjusted returns based on factors like duration, yield to maturity, credit quality and currency.
- Market fluctuations and how they deal with them: Markets do go up and down and so will the portfolio value. For balances below S$50k, if the value of your portfolio is lower than your capital at any given point in time, the shortfall will be topped up (on both losses incurred on capital and target returns) so you earn the 3.6% p.a. returns on your first S$20k and 3.2% p.a. on your next S$30k. I.e: This means, while the Qualifying Period is live, your capital sum for balances below S$50k won’t go down. Read more about the Top-Up Programme here or dive into the details for the Top-Up terms and conditions.
- Segregated funds: All funds invested with Chocolate Finance are segregated and held separately by third-party licensed custodians. This means if anything happens to them – your money is still safe. Only the balancing item (i.e. any top-up that they may have provided) is not protected (and this is why they can’t say your capital is guaranteed).
Chocolate Finance’s strategy for delivering these returns rests on a meticulously selected portfolio of fixed-income funds. The focus is on optimizing risk-adjusted returns by thoroughly evaluating factors such as yield, credit quality, currency, and duration. This approach ensures that returns are not only competitive but also sustainable, making the programme an ideal solution for those who want to grow their money without taking on undue risk.
Chocolate Finance is a brand of Chocfin Pte Ltd (UEN 202347190R). Chocfin Pte Ltd is licensed and regulated by the Monetary Authority of Singapore. Returns illustrated above are rounded for presentation purposes. Actual returns may differ. Past performance is not indicative of future results. All investments involve risk, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. T&Cs apply. This advertisement has not been reviewed by the Monetary Authority of Singapore. Please refer to the full disclaimer at https://www.chocolatefinance.com/?risk=readdisclosure
