New Insurance Savings Product: Dash PET offers 1.7% p.a.* on the first $10,000!

* Update 27 April 2021: The crediting rates for new Dash PET sign ups with effect from 27 April 2021 will be 1.3%* p.a. for the first year for the first $10,000, and 0.3%* p.a. for the first year for amount more than $10,000. Crediting rate is non-guaranteed.

Dash PET by Etiqa Insurance, the latest insurance savings plan available on Singtel Dash, allows users to Protect, Earn and Transact – basically taking care of you! You can earn up to 1.7% p.a.* with no additional criteria required, making it absolutely hassle-free! At 1.7% p.a.*, this makes Dash PET highly attractive especially given the current climate of uncertainty and falling bank savings interest rates. Here’s how Dash PET can take care of you.

Singtel Dash is an all-in-one mobile wallet for your everyday needs, from your commute to paying at your favourite hawkers, supermarkets and restaurants, and even for your online purchases.

Enjoy attractive returns with capital guaranteed

Earn 1.7% p.a.* for your first S$50 – $10,000, and 1.2%* for amounts above S$10,000! This means that up to the first S$30,000 earn attractive returns of $410 (1.37%) per year. Ensure that you maintain a minimum account value of S$50 to start earning these high interest rates on your funds. You will be glad to know that your capital in Dash PET is guaranteed.  It also comes with SDIC protection.

You won’t be kept on a tight leash with Dash PET (pardon the pun)

This insurance savings product offers the ultimate flexibility by having no lock-in period. Once your account is active, you can top up your funds anytime! This can be done at your convenience via Dash wallet or PayNow from S$1, or via eNets (minimum S$50 top up).

If you wish to use your money, you may withdraw anytime from S$1 to your Dash wallet (free) or to your bank account via PayNow (S$0.70 transaction fee applies for each transaction).

Highly accessible given low entry barriers

Some financial instruments in the market may require hefty contributions or long lock-in periods, which may not fit into some people’s financial needs. With Dash PET, all you need is S$50 to start saving and insuring. For instance, students can save their allowance or internship pay into Dash PET first to earn attractive returns. They can then withdraw via their Dash wallets to pay for their everyday expenses like their favourite bubble teas and even hawker meals.

Self-employed or gig economy workers who may not have regular monthly income can take advantage of Dash PET to save as it does not require them to complete the myriad of tasks required (e.g. meeting monthly salary crediting, minimum spends, etc) to unlock bonus interest rates.

Finally, there is no fall-below fee if the account runs low, so savers are not penalised when they have higher expenses for the month. One thing to note though, you’ll need to maintain at least S$50 average daily Account Value for the calendar month to enjoy the rates of return and Dash PET benefits.

Takes Care of You

The value provided by Dash PET is immense. It allows your capital to grow at an attractive rate, offers the flexibility for you to withdraw funds for everyday expenses and protects you by offering insurance coverage. Furthermore, the Protect element comes from the layer of insurance coverage of up to 105% of account value in case of death as well as financial assistance benefit for Covid-19.

As demonstrated, Dash PET is the PET that takes care of you by helping you to save and insure better!

All it takes are 3 simple steps to start your savings journey with Dash PET:

  1. Download the Dash mobile app (if you are not an existing user)
  2. Sign up for Dash PET through the Dash mobile app
  3. Top up your Dash PET account from either Dash Wallet, eNets or PayNow

In these uncertain times, it is prudent to consider safe and flexible options to start saving smarter and allow your hard-earned savings to work harder. With Dash PET, Singtel Dash aims to be the companion app for saving, insurance, payments and more!

Disclaimers

  • The information is meant purely for informational purposes and should not be relied upon as financial advice.
  • Dash PET is not a bank account or a fixed deposit. It is an insurance savings plan that earns a crediting interest rate.
  • * Guaranteed 1% p.a. + 0.7% p.a. bonus on first S$10,000 for first policy year. Guaranteed 1% p.a. + 0.2% p.a. bonus on above first S$10,000 for first policy year.
  • This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K). This advertisement is for general information only. Terms apply. Full details of the policy terms and conditions can be found in the policy contract on dash.com.sg/dashpet. Protected up to specified limits by SDIC. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you. This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is accurate as at 1 February 2021.

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There’s a new insurance savings plan called “Dash PET” that is not for your pet

Dash PET cover image

Are you looking for a new insurance savings plan that allows you to Protect, Earn, and Transact (PET)? Then you might be interested in a project called Dash PET. If you’ve read the title and clicked in, you would have known that this policy is not for your pet.

The insurance savings plan is part of a product offered by Etiqa Insurance in collaboration with Singtel Dash. Etiqa Insurance is a licensed life and general insurance company registered in Singapore. They want you to think of Dash PET as the PET that takes care of you.

“We saw a gap we could fill amid the uncertain climate to help our customers grow their money smarter and faster. Using insights gleaned from the success of Dash EasyEarn, our first insurance savings plan, Dash PET is a new product with greater flexibility and a lower entry point,” Singtel’s International Group CEO Arthur Lang said.

To that, Etiqa Insurance Singapore’s CEO Raymond Ong added that they had designed Dash PET to be an innovative all-in-one insurance plan with a savings component and on-demand protection for the end consumer.

Peeps searching for an insurance savings plan where they can take full control of their finances, look no further! We will guide you through what Dash PET can offer you.

What Is Dash PET?

Dash PET on mobile mock-up

Dash PET is as cute and as useful as it sounds. It helps you maximise your money with savings at high returns, gives you guaranteed capital, and full flexibility of funds. As you invest more money into your savings account, your Dash PET will grow and provide a desirable incentive in the long run.

A comprehensive insurance plan focused on achieving simplicity for you; there are no unnoticed loopholes that could cause you problems later. Keep reading to find out the gains of Dash PET.

How can I benefit from it?

Dash PET benefits

Dash PET has an eclectic range of benefits that are solely focused on bettering your financial health. It also provides you with the support you may need through the pandemic. Worry not about a thing if you face challenging times.

Here’s a breakdown of the main benefits:

  • High returns: It allows you to earn up to 1.7% interest every year* on your savings. As such, Dash PET makes a great plan to have as you continue to accrue your savings.
  • Easy starting requirements: Whether you start with S$50 or S$10,000, Dash PET allows you to begin small and build your savings up to S$30,000.
  • Flexibility: The fear of a lock-in period should not stop you. With Dash PET, there is no lock-in period. This means you can withdraw and top up funds anytime you like without the threat of a penalty.

*First S$10,000: 1.7% p.a. for the first year. Above S$10,000: 1.2% p.a. for the first year.

Is it still not enough to sway you towards the multitude of benefits Dash PET can provide you? Maybe the fact that the policy is administered by the Singapore Deposit Insurance Corporation (SDIC) might give you peace of mind.

Everything else is automatic upon sign-up, so you’re covered without having to take any further action (except for the management of your account).

How do I sign up?

Are you a Singtel Dash user?

Singtel Dash iPhone Screenshots

Great! If you’re aged between 17 and 75 and have a valid Singapore NRIC or residency/work pass, then you are easily eligible to sign up for Dash PET. You can also check against the eligibility rules set by Etiqa Insurance.

Download the Singtel Dash app right now or click here to kickstart your savings journey today!

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Spread the joy as you spend with Singtel Dash this Christmas!

In a blink of an eye, the month of December is upon us… which also means that Christmas is just around the corner! In an unprecedented year plagued by a global pandemic, it’s timely to take stock, and show our appreciation for our loved ones as we approach the festive period. As we commemorate the spirit of giving, here’s how you can spread even more festive joy as you spend with Singtel Dash this Christmas.

Dash it, Shake it, Share it by Singtel Dash

As you shop, dine and spend with Dash this festive period, Dash users will earn a bonus chance to shake the Dash snow globe within the app and win a sure-win prize so long they meet any of the criteria from now till 31 Dec:

  • Make a purchase of minimum $10
  • Remit $400
  • Make a min $20 hi! SIM card top-up
  • Make an international air time top-up of $10

The more you spend, remit or top up gives you more chances to shake the snow globe and win a variety of awesome prizes, including up to 1 million Dash reward points, cashback vouchers and over 300,000 other sure-win prizes. Examples of cashback vouchers include:

  • FairPrice
  • Sheng Siong
  • Deliveroo
  • ZALORA
  • ezbuy
  • Pomelo
  • Old Town White Coffee
  • Tiger Sugar
  • Fave vouchers (psst… this is on top of the cashback you’ll already get when you use Dash to pay for at Fave merchants islandwide!)

In the spirit of Christmas giving and sharing the love, these cashback vouchers can also be sent on to your loved ones through the Dash app too!

As an added bonus, Dash is also giving away an additional 50,000 reward points for you and a lucky friend to spread the festive joy. Here’s how to qualify for this Instagram contest:

  1. Visit the @singteldash account on Instagram and to look for the Dash Christmas Instagram filter
  2. Snap a picture of yourself with the filter (make sure your profile is public!)
  3. Tag @singteldash and send your festive wishes by tagging a friend in your post/IG story
  4. The top 3 most creative IG post/IGS using the filter will win 50,000 Dash reward points for both the user and the friend.

Note that top 3 most creative IG post/IGS cannot be winner of social media contest for past 6 months. Other terms and conditions apply.

* Click here for more details on the Dash it, Shake it, Share it’ campaign.

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A World Of Exciting Rewards Awaits With Singtel Dash’s New Rewards Programme

Singtel’s Dash, the all-in-one mobile wallet for your everyday needs, has now given its customers even more reasons to spend on the Dash mobile app. With the launch of its flagship rewards programme, Dash Rewards, Dash users can let their dollars go the extra mile each time they spend, so they can enjoy more experiences they love.

How To Earn Dash Reward Points

For every dollar spent on your purchases, whether online at any of your favourite e-commerce merchants or offline at any of Dash’s 60,000 merchants or Fave’s 12,000 merchants islandwide, you will earn valuable Dash reward points. Yes, you get to double dip with BOTH Dash reward points and Fave cashback each time you use Dash to pay at Fave merchants. For a limited time from 7 – 30 Sep*, Dash users can also earn an additional $1 cashback for your first transaction with Dash at Fave merchants. Besides purchases, each remittance you make also earns you 100 Dash reward points, regardless of the transaction amount!

*Limited to first 20,000 redemptions

How Does Dash Rewards Work

The mechanism is simple. $1 spent = 1 Dash reward point. To celebrate this exciting milestone, users will earn DOUBLE** Dash reward points whenever and wherever you Dash. Therefore, the more you Dash, the more you earn!

All members start off at Silver tier and will move up tiers with increase in monthly spend. With the double rewards promo, Dash users will get upgraded to the next membership tier at a faster rate, where you’ll earn reward points at a higher rate per dollar spent.

As long as you hit the minimum monthly spend for each membership tier, your membership status will remain valid for the next 6 months! This ensures that you enjoy the elevated ranking for a longer period.

**Until 31 December 2020

What You Can Redeem Dash Reward Points For

After conscientiously accumulating Dash reward points, it’s finally time to redeem them – and it’s super simple to get started! The first step is of course, to simply start spending or remitting money to earn valuable Dash reward points.

The second step is to choose your preferred vouchers from Dash’s rewards catalogue. Dash users will be pleased to learn that they get to choose from a wide range featuring over 50 popular merchants across Singapore. These include vouchers from crowd-favourit es such as Cold Storage, Best Denki, Singtel hi! Card, Razer, Gojek, Sephora and many more!

Once you’re done exchanging your Dash reward points for your desired vouchers – all that’s left to do is to tap and redeem at participating merchant outlets.

Dash: The all-in-one mobile wallet for all your payment and lifestyle needs

With the addition of Dash Rewards, Dash continues to wow us with its wide-ranging suite of services that already includes payment, remittance, lifestyle and financial services. Now, you can shop, dine and commute, make overseas remittances and earn Dash reward points while you’re at it – we can’t wait!

For FAQs on Dash Rewards, please refer to: https://dash.com.sg/index.php/rewards

 

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Dash EasyEarn: The easiest way to save for a rainy day

We’re in the middle of a global pandemic, and with the economy swinging up and down, protecting and growing your money is a common concern. Some people may find it easier to save now that they’re home more often, but putting your paycheck in the bank isn’t making the most of your hard-earned savings, especially with banks reducing interest rates across the board.

In these uncertain times, it is definitely prudent to consider safe and flexible options to save smarter and grow your hard-earned savings. There are many financial tools available in the market that offer this, and you should choose one that gives you the best peace of mind, without compromising on your returns.

With that said, you might be excited to find out about the latest addition to the all-in-one mobile wallet Singtel Dash: Dash EasyEarn, a unique insurance savings plan underwritten by Etiqa Insurance, which will help you save better for a rainy day. This insurance savings plan offers an astounding 2% p.a. returns for your first year* with a minimum starting amount of S$2,000.

The best part? You can sign up directly through Dash on your mobile phone, with just a few clicks. Read on to find out more!

Enjoy attractive returns with capital guaranteed

Dash EasyEarn is capital guaranteed AND offers a very competitive 2% p.a. returns for your first year*, regardless of market movements. So if you’re risk-averse, especially in these uncertain times, you can rest assured that your savings will be safe – even if you have to withdraw it in times of need. Dash EasyEarn also has no lock-in requirements – which brings us to the next point on its flexibility.

NB: With effect from 25 September 2020, Dash EasyEarn will be revising its bonus rate to 0.3%, bringing the rate to 1.8%^ p.a. for the first policy year**.

Existing Dash EasyEarn users will continue to enjoy 2% p.a. (guaranteed 1.5% p.a. + 0.5% p.a. bonus) for the first year starting from their policy start date, including subsequent top-ups.

In addition, Etiqa Insurance will be extending an additional Financial Assistance Benefit for COVID-19 to all new and existing Dash EasyEarn policy holders. For more information on the benefits and other terms of this Financial Assistance Benefit, please visit https://www.tiq.com.sg/covid19/.

Ultimate flexibility with no lock-in period  

Image credits: Singtel Dash

Another great thing about this product is how flexible it is. After you’ve transferred your initial minimum premium of S$2,000, you can always make additional top-ups^ when you want, or withdraw what you need with no penalties.

There is no lock-in period, so if an emergency should arise, you’ll be able to access your funds immediately by withdrawing directly into your bank account or Dash wallet to tide you over.

^Maximum account value is S$20,000. Each top up must be a minimum of S$500. Minimum account value of S$2,000 must be maintained to be eligible for returns.

Open to everyone

Whether you’re a student, young professional or already savvy at saving, anyone can download Dash and sign up for Dash EasyEarn – all you need is S$2,000 to start growing your savings. As an insurance savings plan, Dash EasyEarn also comes with a layer of insurance coverage of up to 105% of account value in case of death.

Can’t wait to get started? Simply download the free Dash app today to sign up for Dash EasyEarn, and watch your savings grow.

It only takes 3 simple steps to start your savings journey with Dash EasyEarn.

  1. Sign up for Dash EasyEarn through the app
  2. Top up your Dash EasyEarn plan with your bank account
  3. Watch your savings grow!

Image credits: Singtel Dash

For more information, please visit www.dash.com.sg/easyearn.

Disclaimers

  • The information is meant purely for informational purposes and should not be relied upon as financial advice.
  • This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K). Protected up to specified limits by SDIC. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you. This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is accurate as at 29 June 2020.

  • *Effective for sign-ups up to 24 September 2020 (date inclusive): Guaranteed at 1.5% p.a. + 0.5% bonus for the first policy year.

  • **Effective for new sign ups from 25 September 2020: Guaranteed at 1.5% p.a. + 0.3% p.a. bonus for the first policy year, available on a first come, first served basis.

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