BIGe

Hi Mr Tan,

I've just placed $X of my CPF ordinary account into Aviva's BIGe single premium endowment. It gives a guaranteed interest rate of 3.5% p.a. for 3 months. In your view, how does Aviva's BIGe compares to Income's Flexi-Cash?

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REPLY

Aviva's Big-e gives a guaranteed return of 3.5%. This is higher than Flexi-Cash in NTUC Income, which earns between 3% and 3.5% (not guaranteed).

If Aviva keeps the interest at 3.5% beyond 3 months, it is attractive. If it drops below 2.5%, then it is not attractive. Between 2.5% and 3.5%, it is marginal.