POSB "Save-As-You-Protect"

• The return

  4 Nov 07, 19:58

  There is a POSB "Save-As-You-Protect" savings: http://www.dbs.com/posb/insurance/sayp/
  
  Do you think it a good idea to put money here?
• kenn3th

  4 Nov 07, 20:00

  Put in my savings account better. put in it can get a watch.
• smartboy4

  4 Nov 07, 20:01

  their SAYE better leh i think but change to this
• The return

  4 Nov 07, 20:05

  Originally posted by smartboy4:

  their SAYE better leh i think but change to this

  Still got right? http://www.dbs.com/posb/saye/
• smartboy4

  4 Nov 07, 20:22

  heard SAYP take over saye already what
• The return

  4 Nov 07, 20:25

  Oic.. So anyone try the SAYP? Do you recommend it?
• Nadare

  4 Nov 07, 20:30

  hows the interest ?
• missqi

  4 Nov 07, 20:48

  btw..
  can i apply for a dbs savings accnt when i alr have a posb one?
• kitson_83

  4 Nov 07, 20:54

  actually both acc serve different purpose.
  
  MSA is rainy day saving programme whereas SAYP is a insurance saving plan. Depend on what you actually wan to do with your $$.
  
  
• de_middle

  5 Nov 07, 08:58

  posb not the only bank, now banks tie up with insurance companies....read carefully before signing on the dotted line....
• The return

  12 Nov 07, 01:03

  Originally posted by kitson_83:

  actually both acc serve different purpose.
  
  MSA is rainy day saving programme whereas SAYP is a insurance saving plan. Depend on what you actually wan to do with your $$.
  
  

  What is MSA? which bank policy program?
• JerryYan

  12 Nov 07, 15:08

  Originally posted by The return:

  What is MSA? which bank policy program?

  MSA stands for My saving account which give higher interest & free watch
  Recently I oso checking to invest in POSB account which is giving out 20' LCD Sony TV
  They email me 2 plans but haven't decide which one to invest
• trendz

  12 Nov 07, 16:59

  SAYP is an endowment plan. premium very high but returns very little. don't fall for it. you'll take a long time to break even.
• de_middle

  12 Nov 07, 17:04

  Originally posted by missqi:

  btw..
  can i apply for a dbs savings accnt when i alr have a posb one?

  yes you can & aloows you to do fund transer between the 2 accounts
• kcockicht

  12 Nov 07, 18:56

  what piangs not one of the better account up to 1.5% at DBS u all dun know meh? somemore the interest calculated monthly 1
• polarsnake

  12 Nov 07, 20:44

  Originally posted by missqi:

  btw..
  can i apply for a dbs savings accnt when i alr have a posb one?

  Yes you can. When I tried opening a savings a/c in dbs (i already have one) they ask me to open in posb.
• The return

  12 Nov 07, 20:58

  Originally posted by JerryYan:

  MSA stands for My saving account which give higher interest & free watch
  Recently I oso checking to invest in POSB account which is giving out 20' LCD Sony TV
  They email me 2 plans but haven't decide which one to invest

  MSA interest rate is 1.5% while SAYP is 2.5% leh ..
• AsTr0GiRL

  5 Dec 07, 17:25

  Originally posted by The return:

  MSA interest rate is 1.5% while SAYP is 2.5% leh ..

  MSA interest rate is at 1.5% p.a. if onli ur savings contribution amt is $1500 or more... min of $50 per mth is at 0.45% p.a.... SAYP is 2.5% but tt's onli indicative also.. if interest rates all go down I doubt that they can give u so much also..