Deposit Insurance In Singapore – 6 Little Known Facts About SDIC
Since 1 April 2024, the insurance coverage on Singapore-dollar bank deposits increased to $100,000 per depositor – from $75,000 since April 2019 and $50,000 before that. This ensured that 91% of depositors were fully covered under the Deposit Insurance (DI) Scheme that is administered by the Singapore Deposit Insurance Corporation (SDIC). The main objective of […]
Chocolate Finance: S$1,000 Transaction Limit on Card, Withdrawals Starting to Reach Customers
Update: the transaction limit has been updated to S$1,000 as of 10.23AM, 14th March 2025…
Singapore Airlines Spontaneous Escapes For April 2025 – Upsized 40% This Month
Developing story, check back for updates Pre-announced earlier this month, Singapore Airlines teased a “Spontaneous…
Best Holiday Destinations For Singaporeans In 2025 (Based On Exchange Rate)
With overseas travel spending by Singaporeans hitting record highs in December and January according to Visa, there’s no denying that Singaporeans enjoy travelling overseas for holidays. Supported by the most powerful passport in the world, the strong Singapore dollar has added to the appeal of visiting traditionally popular travel destinations. While a stronger Singapore dollar makes overseas […]
Marrying A Malaysian Spouse: Should You Get A Malaysian PR (And What You Need To Get It)
Living in a globalised nation like Singapore, it has become more common nowadays for people to meet and marry someone from another country. More than a third of marriages each year over the past decade in Singapore had involved transnational couples, consisting of a citizen and non-citizen. Oftentimes, the foreign spouses have been residing in […]
A Step-By-Step Guide On How To File Your Income Tax In Singapore For First-Timers
Filing income tax in Singapore Getting your first job? Check. Getting your first paycheque? Check. Achieving all these firsts can be exciting but adulting becomes very real when you have to start paying your dues. Apart from footing bills, working adults have one more important annual payment – income tax returns. It might sound daunting […]
You Can Choose Between Miles, Cash Rebates & Investment Credits As Rewards With This New VISA Card
DCS Flex Visa Platinum Card If you aren’t well-versed in the finance world, then the numerous credit card options might be overwhelming for you. And don’t worry, you’re not alone. Here’s where the DCS Flex Visa Platinum Card comes in: as the name suggests, this card has flexible reward systems that you can choose from. […]
A Golden Opportunity: 4 Reasons Why You Should Consider Investing In Gold
This article was sponsored by OCBC. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research, and is purely for informational purposes and should not be relied upon as financial advice. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to […]
HDB Fresh Start Housing Scheme: Does It Make Financial Sense For People Staying In Public Rental Flats To Buy Their Own 2-Room Flat?
We all love a good rags-to-riches story. In Singapore, social mobility has been a cornerstone of our society’s progress. A significant part of this success can be attributed to our public housing policies, which have empowered many families to own their homes and improve their financial standing. For lower-income families applying for HDB flats for […]
Singapore Consumer Price Index 2024: How Households Are Spending Their Money
The Consumer Price Index (CPI) measures the average prices increases for a fixed basket of goods and services that Singapore households commonly purchase. That’s why the CPI can be thought of as a proxy indicator for the cost of living in Singapore. It’s worth noting that the CPI was recently rebased using 2024 as the […]
