What if we not needed to examine between comparability websites and blogs simply to get the most effective deal?
Each time I apply for a brand new bank card or want to purchase insurance coverage on-line, I normally make an effort to buy round first for provides to ensure I all the time get the most effective deal.
- Bank card functions: money or freebie(s), or each.
- Insurance coverage buy: lowest premiums
As we all know, the banks and insurers do change their provides or quotes occasionally, which is why it may very well be value the additional minutes looking out on-line to seek out the most effective deal (or lowest premiums) earlier than you apply or buy. The perfect deal may generally come from the supplier themselves, or one among their intermediaries similar to an affiliate associate or a comparability web site.
More often than not, my search nearly all the time leads me again to SingSaver, which has been my go-to anyway since they first launched in 2015. Through the years, I’ve managed to snag a few of their superior offers, together with $350 money and a free Apple iPad, and I’ve continued sharing this tip to my pals who aren’t conscious of it.
However are they all the time the most effective? What if we may skip time spent evaluating and easily go to a single web site the place we will be assured of the most effective offers?
Effectively, that’s what SingSaver desires you to do, which is why they’ve launched their Best Deal Guarantee marketing campaign.
You learn that proper, SingSaver is going one step further to guarantee Singapore residents that we will always find the best deal on SingSaver.
Proper now, that is for any new bank card sign-up or insurance coverage buy (journey / automotive / home helper / dwelling insurance coverage) that you simply make on-line. And do you have to by some means handle to discover a higher supply or quote elsewhere, then SingSaver is promising to refund you with at least double the price difference (capped at S$300) in vouchers.
Supply / Worth distinction | Voucher reward from SingSaver |
S$0.01 – S$4.99 | S$10 |
S$5.00 – S$9.99 | S$20 |
S$10 – S$19.99 | S$40 |
S$20 – S$49.99 | S$100 |
S$50 – S$99.99 | S$200 |
> S$100 | S$300 |
For instance, because of this in case you’re capable of finding a greater supply that’s value S$120 greater than the deal you bought on SingSaver, then not solely will you get your current reward, however SingSaver will even offer you S$300 of money vouchers (e.g. Seize vouchers) to make up for the distinction.
Shiok.
SingSaver Best Deal Guarantee – How does it work?
SingSaver’s Best Deal Guarantee guarantees you the most effective deal solely with SingSaver, and in case you discover a higher supply elsewhere, merely submit a claim and be rewarded with double the distinction.
That is meant to provide you a peace of thoughts that so long as you apply via SingSaver , you will be reassured that you simply’re getting the most effective deal. And may that not be the case , SingSaver will assure that you simply get that refunded anyway – one thing that no different supplier will give (you’ll simply must dwell with the remorse of getting utilized via the unsuitable channel).
The marketing campaign runs from now till 30 November 2023 and covers bank cards from CIMB, HSBC, Maybank, OCBC and StanChart, along with chosen insurance coverage insurance policies.
The full list of eligible products can be found here.
The marketing campaign mechanics are fairly easy:
- Get the most effective deal while you join a brand new bank card or buy journey, automotive, home helper or dwelling insurance coverage through SingSaver.
- Should you discover a like-for-like supply or a worth quote that beats SingSaver’s, you’ll get rewarded for as much as 2X the distinction. Observe: the supply or quote needs to be discovered inside 3 days, with the identical monetary supplier and for a similar product that you’ve utilized for.
- Ship proof of the higher supply, alongside along with your proof of buy or software with SingSaver via this form here.
SingSaver will assess your declare and supply a choice inside 10 working days through e-mail. In case your declare is profitable, you’ll obtain Seize vouchers to make up for the distinction by a minimum of 2X, aimed to provide you a whole peace of thoughts that you simply’ll positively be getting the most effective deal on SingSaver it doesn’t matter what.
Observe that the Seize vouchers will solely be paid out inside 16 weeks after the marketing campaign ends on 30 November 2023. The rationale for the wait is as a result of SingSaver wants to find out your eligibility for the supply in query, which in flip relies on when the monetary establishment offers the report.
Should you fail to fulfill the precise eligibility standards on your rewards with the monetary establishment, you received’t be entitled to the Seize vouchers both. So for example, you possibly can’t put in a declare for a new-to-bank supply while you’re in reality an current buyer; neither can you place in a declare for a free reward in case you didn’t meet the minimal spend standards required.
The complete Terms and Conditions for the Best Deal Guarantee campaign can be found here.
The marketing campaign ought to be an excellent one for each SingSaver and Singapore residents on the whole, since this protects you all the effort from having to do your personal comparisons in an effort to discover the most effective deal on the market. Now you can have a peace of thoughts that you’ll always be getting the best deal with SingSaver, guaranteed.
However as loyal readers would know, I’m all the time skeptical every time any model says they’re the “greatest”. What’s extra, you guys know I’m fairly expert in the case of comparisons, so I made a decision to place it to the check and discover out!
Experiment 1: Bank card sign-up – PASS
I searched on-line for numerous sign-up provides for the Standard Chartered Journey Credit Card, and the most effective I discovered was through SingSaver, which is at present giving a S$140 money through PayNow upon card approval for brand spanking new cardholders. In distinction, the financial institution’s personal web site and MoneySmart didn’t have any extra perks past the financial institution’s welcome 45,000 miles promotion (S$3,000 min. spend with annual charge cost, inside first 2 months).
Experiment 2: Home helper insurance coverage – PASS
Since our helper’s work allow will likely be due for renewal quickly, I made a decision to take a look at premiums for a 26-month plan for renewal helpers, and for the aim of this comparability, targeted on the most affordable plan amongst every of the insurers’ choices.
Because it turned out, going direct to the insurer’s web site didn’t essentially get me a greater quote. The premiums have been the identical, excluding AIG the place my quote ended up being larger than after I went via SingSaver, however in return, I’d get a $50 grocery voucher and a free helper medical screening (which can only be utilized at 4 clinics in Singapore).
Are the freebies definitely worth the $155 distinction? That’s debatable.
MSIG MaidPlus (Normal) |
FWD Maid Insurance coverage (Important) |
TIQ Maid Insurance coverage (Plan A) | AIG Home Helper Insurance coverage (Basic) | |
Supply through insurer | $434.97 (25% off) |
$599.76 (15% off) |
$486.13 (34% off with MAID34) | $1714.22 and S$50 DairyFarm voucher and free domestic helper medical screening |
Premium through SingSaver | $434.97 (25% off) |
$599.76 (15% off) |
$486.13 (34% off with TIQSINGSAVER) | $1558.40 |
SingSaver extra supply | S$30 e-vouchers and S$25 PayNow (as much as S$45 for larger plans) | – | – | S$70 PayNow |
Legitimate till | 11 Nov | 11 Nov | 30 Nov | 31 Oct |
Going via SingSaver to get an extra S$25 (for MSIG) or S$70 money (for AIG) through PayNow is certainly the most effective deal in case you requested me, palms down.
Okay, so the outcomes of my experiments communicate for itself. Should you’re eager, you possibly can duplicate the identical for the other products (20 credit cards and 23 insurance policies) in the campaign.
I may be a bit of biased as a result of we’ve nearly all the time utilized via SingSaver (excluding DBS playing cards since these don’t get any extras) however this Best Deal Guarantee positively lends extra assurance that we have now, and can all the time be getting, the Greatest Deal on SingSaver.
Will the BEST deal all the time be on SingSaver?
Savvy shoppers would in all probability know by now that monetary establishments don’t all the time go direct to shoppers, however usually work with intermediaries – similar to associates (together with content material creators), brokers, brokers, companions or sponsors. The promotions change occasionally, and whereas folks usually suppose that going on to the FI would give them the most effective deal (since there are not any middleman charges to be paid), actuality has proven that that is usually not the case.
Then again, SingSaver has made it their mission to always provide the best finance deals to their users, and is now cementing that additional with their Best Deal Guarantee marketing campaign to vow Singapore residents that you’ll all the time discover the higher deal on SingSaver.
And in case you don’t? Effectively, then SingSaver will make it as much as you by greater than doubling the distinction throughout this era and reward you with the equal money vouchers.
Whereas this can be a pilot marketing campaign, it stays to be seen if SingSaver will lengthen this as a extra everlasting function amongst their choices.
When that occurs, we are able to formally say goodbye to the times of evaluating elsewhere…and simply go to SingSaver for all our wants.
Sponsored Message SingSaver’s Best Deal Guarantee guarantees that prospects can count on the best provides and lowest premiums when making use of for playing cards or insurance coverage insurance policies through SingSaver. If a greater deal is discovered elsewhere, SingSaver will reward you with Seize vouchers to make up the distinction. T&Cs apply. What’s extra, don’t neglect that SingSaver can also be concurrently operating their 101 Milestone Giveaway campaign, with a prize pool of as much as S$200,000 on high of the same old welcome provides and sign-up presents! All candidates for eligible merchandise are routinely entered so there’s no additional motion wanted from you.
Disclaimer: This text is sponsored and written in collaboration with SingSaver. All opinions are that of my very own, together with the alternatives for the experiments.