Partner Exclusive: Unlock Rewards with SRS Investing on Syfe

We understand that waiting over 30 years for your SRS to mature can feel like an eternity.

So from now till 31st December 2024, get up to S$400 of cashback rewards when you invest in Core Equity100 or Income+ SRS portfolios.

Promotion is available from now – 31st December 2024.

Eligibility:

  • This promotion is available to both new and existing Syfe clients.
  • To qualify, clients must apply the promo code before funding their portfolio.
  • The promotion is applicable exclusively to Core Equity100 or Income+ portfolios funded with SRS contributions.
  • Clients are required to create a new SRS portfolio and transfer fresh SRS funds by 31st December 2024, 23:59 SGT to qualify.
  • The promo code can be combined with other active promo codes.

How It Works:

  1. Download the Syfe app and register for an account (if you are a new user).
  2. Create a new Core Equity100 or Income+ SRS portfolio.
  3. Tap the menu icon in the bottom-right corner of the Home Screen.
  4. Select “Redeem Promo” and enter the promo code.
  5. Fund your portfolio with fresh SRS funds from now until 31st December 2024, 23:59 SGT.

SRS Promotion Terms and Conditions

Mechanics:

  • This promotion can be used in conjunction with other offers or promotions.
  • Only fresh SRS funds deposited into Syfe’s Core Equity100 or Income+ SRS portfolios are eligible for cashback.
  • Cashback eligibility requires meeting the minimum required consolidated fresh SRS fund transfers and activating the promo code.

Cashback Distribution and Calculation:

  • The total cashback will be distributed in four equal quarterly payouts over a 12-month period.

    For example, if eligible for a total cashback of S$400, clients will receive four payments of S$100 each quarter.

    Cashback will follow the schedule below:
    • First quarter: By 31st March 2025
    • Second quarter: By 30th June 2025
    • Third quarter: By 30th September 2025
    • Fourth quarter: By 31st December 2025
  • Cashback will be credited into the client’s Cash+ Flexi portfolio (funded with cash).
  • If the client does not already have a Cash+ Flexi portfolio, one will be automatically created to facilitate cashback deposits.

Maintaining Eligibility for Cashback

  • Clients must maintain the qualifying tier’s minimum funding level throughout the entire 12-month cashback period to receive the full cashback.
  • If at any time the portfolio balance falls below the qualifying tier’s minimum funding level before the next scheduled payout, all future cashback payments will be forfeited.
  • Partial withdrawals, transfers, or reductions in the portfolio balance will also result in forfeiture of subsequent cashback payouts.

General Terms and Conditions

  • All Syfe promotions are subject to a set of terms and conditions.
  • By participating in this promotion, clients consent to the collection, use, and disclosure of their personal data by Syfe and third parties for the purposes of this promotion.
  • Syfe reserves the right to amend terms and conditions including changing the reward benefits of the promotion, terminating the offer before the stated validity date, changing the details of the promotion or giveaway, or any other changes in order to protect the interests of the company or under circumstances of abuse.
  • Eligible clients consent to Syfe’s collection and use of the client’s personal data and any disclosures of the client’s personal data by/to third parties for the purpose of this promotion. Eligible clients agree to the terms and conditions of Syfe’s Privacy Policy, which can be found at Syfe Privacy Policy.