Earn up to 3.20% on your cash savings with Singtel Dash PET 2 + cashback bonus and free life insurance!


Singtel Dash PET 2 has just been relaunched on the Singtel Dash app!

With Dash PET 2, you can start saving from S$50 with a flexible basic plan, and get up to 3.20% p.a. yield on your cash.

Singtel Dash PET also comes with free life insurance, which means you get protected and enjoy interest on your savings at the same time.

There is also a sign-up promo right now where you can earn cashback, find out more below!

Note: This post is sponsored by Singtel Dash. All views and opinions in this post are from Financial Horse.

What is Singtel Dash PET 2 (relaunch of Singtel Dash PET)?

In a nutshell, Dash PET 2 is a yearly renewable insurance savings plan, where you can enjoy the dual bonus of insurance protection, plus earn interest on your savings.

You can start saving from just S$50 and earn 1.0% on the flexible basic plan, and add on fixed year plan riders to get higher returns up to 3.20% p.a.

You have peace of mind with 100% capital guarantee on your savings.

With Dash PET 2, you also get free life protection, and you can also add on more protection for your needs from just 2 cents a day.

Dash PET 2 is underwritten by Etiqa Insurance.

You are also free to use your basic account however you want, from using it to pay your everyday expenses or insurance premiums.  

Key features of Singtel Dash PET 2

  • Earn interest on cash (start saving from just S$50)
    • Crediting interest of 1.0%*
    • Plus higher interest with add-on fixed year plan riders:
      • 1 year: 2.80%
      • 3 year: 3.00%
      • 5 year: 3.20%
    • Cash is capital guaranteed upon maturity
  • Insurance protection
  • Flexible use for transactions

Find out more below!

Why choose Singtel Dash PET 2?

As a Dash PET user, you can enjoy:

  • Ease and convenience of digital banking
  • Insurance protection
  • Interest on your cash savings up to 3.20% p.a.
  • 100% Capital Guaranteed upon maturity 
  • Flexible use for transactions

Easy and Convenient

To enjoy the benefits of Dash PET 2, you can access everything easily with the Singtel Dash app.

Launch Dash > Home screen > ‘Grow Money’ to access and manage your account.

You can easily:

  • View your policy details
  • Top up your account via Paynow, Dash Wallet or eNets
  • Make transfers and withdrawals of funds

Dash PET 2 makes it easy to top up & withdraw your funds.

You may make partial withdrawals from as little as S$1.

You just need to maintain an account balance of at least S$50 to continue earning interest for that month.

Insurance Protection

Each plan comes with FREE life protection of 105% of the account value.

You can add-on more protection if you need, from just 2 cents a day.

You can add on protections for major cancer, death & total and permanent disability, and accidental death.

You get to earn additional interest of up to 0.25% p.a. from each add-on protection.

This means you get to enjoy up to 0.75% p.a. in additional interest in total.

These 3 plans are also the most common and useful for the average person, so they are worth considering if you need the extra insurance coverage.

With each add-on life protection, you are covered from S$10,000 to S$100,00 sum assured.

There is seamless daily payment right from your Dash PET 2 account so you don’t have to worry about keeping up to date with your premiums.

You can update your sum assured at any time directly on the app as well.  

The interest applies to the first S$10,000 account value of your policy.

Find out more on about the add-on protections available here.

Earn interest on your cash savings

With the flexible basic plan, you can start saving from just S$50, up to S$50,000.

The basic plan’s crediting rate is 1.0% p.a., and you can add-on protections, to get more returns on your savings.

Interest is accrued daily and credited monthly to your account.

This means you can get extra interest on your savings every single month.

Instead of just letting your extra cash sit idly in the bank, you can enjoy extra interest while getting free life insurance with Dash PET 2.

Also, your savings are 100% capital guaranteed upon maturity (up to S$50,000) which gives you peace of mind.  

Add-on riders for higher returns

On top of the flexible basic plan, you can also add on fixed plan riders to maximize returns.

This means you can stack bonus interest to maximize your savings, by choosing to add-on fixed year plans.

You can choose from 3 durations, 1-year up to 5-years, to enjoy higher returns.

The longer you save, the more the returns:  

1-year fixed plan

  • 2.80% p.a.

3-year fixed plan

  • 3.00% p.a.

5-year fixed plan

  • 3.20% p.a.

You have the flexibility to choose the duration that best suits your needs and financial goals.

With the 3-year and 5-year fixed plan, you are locking in 3.00% p.a. and 3.20% p.a. on your savings.

You can enjoy this enhanced interest with just a minimum deposit of S$1,000, and the maximum savings per plan is S$200,000.

Flexible use for transactions

With Dash PET 2, there are no restrictions on how you can use your basic account.

You can use it for everyday expenses or to pay premiums for your insurance protection.

With the flexible basic plan, you can withdraw your money at any time.

You can use it for your daily every day expenses with zero hassle.

Dash is accepted in supermarkets, convenience stores, hawker centres, buses, trains, taxis and more!

So you can just use it conveniently to transact everyday expenses while earning interest.

The minimum account balance to maintain interest is just S$50.

Full Review of Singtel Dash PET 2 – Concluding Thoughts

Having explored the features of Dash PET 2, let’s recap the advantages.

With Singtel Dash PET 2, you can get free life insurance.

And you get interest on your savings!

You get a base interest of 1.0%* on your cash with the flexible basic plan, and this can be stepped up to 3.20% p.a. depending on how long you’re prepared to lock it in for.

All capital guaranteed, upon maturity.

You can choose from 3 durations depending on what suits your financial goals.   

You also have the option to easily add on more insurance to suit your needs, whether it’s cancer insurance, disability insurance, or accidental death insurance.

And, you get up to 0.25% p.a. additional interest for each add-on protection.

All of which can be accessed easily via digital banking.

Dash is accepted almost everywhere these days, which means you can use your account conveniently for your everyday transactions.  

All in all, Dash PET 2 is worth checking out for the life insurance and the yield on cash.

Signup bonus for Singtel Dash PET 2

Dash PET is available for users between the ages of 17 to 75 with a Singapore NRIC or residency/work pass, subject to acceptance by Etiqa Insurance.

Download the Singtel Dash app and get Dash PET here!

Dash PET 2 Launch Promo

Don’t miss the sign-up offers that Dash PET is offering below:

  1. S$10 sign-up cashback for new users

Get S$1 in Dash credits with S$1,000 – S$2,999 savings

Get S$5 in Dash credits with $3,000 – $4,999 savings

Get S$10 in Dash credits with S$5,000 or more savings

Promo ends 30 June 2023. T&Cs apply.

  1. Enjoy 5% cashback on your Singtel bill

For all new and existing Dash PET customers, get 5% cashback on your monthly Singtel bill when you pay your monthly bill with Dash.

For Singtel postpaid customers, you also get free monthly 1GB data.

To be eligible, you need to have a Dash PET average daily account value of S$5,000.

Promo ends 31 March 2024. T&Cs apply.



*Crediting rate for the basic plan is non-guaranteed.

1This is based on a 5-year fixed plan with S$50,000 savings, which earns a guaranteed return of 3.20% p.a. and matures after 5 years.

2This is based on a 1-year fixed plan with S$50,000 savings, which earns a guaranteed return of 2.80% p.a. and matures after 1 year.

3This based on a 3-year fixed plan with S$50,000 savings, which earns a guaranteed return of 3.00% p.a. and matures after 3 years.

#The minimum deposit per fixed plan is S$1,000, top-ups are not allowed. The aggregate cap for all Dash PET and Dash PET 2 policies and fixed plan riders per Life Insured is S$500,000.

Dash PET 2 is not a bank account or a fixed deposit. It is an insurance savings plan that earns a crediting interest rate. Please visit https://tiq.com.sg/dash-plans-crediting-rates/ for the latest updates on the prevailing crediting rates for your plans. SingCash Pte. Ltd. Company Reg. No 201106360E (“Dash”) is the Group Policy owner of Dash PET 2. This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K). This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. 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 policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is accurate as at 4 June 2023.

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