The Best Financial & Lifestyle Products Based on Real User Reviews (January 2021)
Sick and tired of companies and brands patting themselves on the back a little too hard?
It’s like EVERYONE is the best telco or broadband provider in Singapore.
And EVERYONE is the best robo-advisor or has the best investment course in Singapore.
Imagine trying to search for the best product to spend your hard-earned money on.
Only to be met with positive reviews and 5-star ratings (left by who?!) plastered over every single financial and lifestyle product out there.
Sell koyok (Singlish: snake oil) sia…
I mean, let’s be honest, every product sure has it’s pros and cons, right?
That’s why we started SeedlyReviews, a platform to gather unbiased, real user reviews to help YOU make smarter financial decisions as a consumer.
How do you know that they’re real?
Well… they’re all left by our Seedly community members.
Singaporeans like you and me, who just want to share their perspectives on various financial and lifestyle products that most of us would use every other day.
And no one paid any of us to leave a review.
We just want to share our experiences and help other Singaporeans make a smarter decision.
So every review you see here is as objective and as unbiased as they come.
SeedlyReviews: What Are Singapore’s Top Financial and Lifestyle Products For January 2021?
By the way, we are NOT paid to list any particular company or brand in this list.
In fact, this definitive list of Singapore’s top financial and lifestyle products was put together based on the reviews left on Seedly.
Here’re the criteria which we used to shortlist the best of the best:
- What’s the average rating?
- What’s the number of reviews?
If a product has 400 reviews with an average rating of 4 vs a product with only one review and a rating of 5, we’ll prioritise the one with more reviews as it gives a better insight!
- How recent are the reviews?
The more recent the reviews are, the better!
- How active are they in addressing negative reviews?
It’s normal to receive a negative review because of an unfortunate experience, but if the company is proactive about addressing the issue and resolving the problem. That’s a win in everyone’s books!
Let’s find out which are the top financial and lifestyle products as reviewed by Singaporeans, for Singaporeans shall we?
- Best Savings Account in Singapore
- Best Electricity Retailer in Singapore
- Best Mobile Plan in Singapore
- Best Remittance Platform in Singapore
- Best Broadband Provider in Singapore
- Best Multi-Currency Card in Singapore
- Best Debit Card in Singapore
- Best Robo-Advisor in Singapore
- Best P2P Lending Platform in Singapore
- Best Online Brokerage in Singapore
- Best Investment Course in Singapore
- Best Travel Insurance in Singapore
- Best Car Insurance in Singapore
- Best Personal Accident Insurance in Singapore
- Best Health Insurance in Singapore
- Best Insurance Savings Plan in Singapore
Oh, you might wanna bookmark this article too as we’ll be updating it every month!
This way, you’ll be the first to know which are the best products in the market to get!
Best Savings Account in Singapore
Everyone needs a savings account.
Jumping on a savings account that allows you to maximise your interest rate can help you stretch their savings.
For savings accounts with more than 170 reviews on SeedlyReviews, we have:
- CIMB FastSaver Account
- DBS Multiplier Account
- OCBC 360 Account
- OCBC Frank Account
- Standard Chartered JumpStart Account
Even with the gradual decrease of its interest rates. Standard Chartered JumpStart Account seems to be the best savings account with a 4.9 rating across 692 reviews (for now).
If you’re above 26 years old and can’t qualify for the SCB JumpStart anymore, the DBS Multiplier Account is the next best option with a 4.4 rating across 261 reviews.
Best Electricity Retailer in Singapore
Electricity bill too high since we’re all working and studying from home right now?
Then you’re going to want to switch to the best electricity retailer in Singapore.
For the best electricity retailers with more than 300 reviews (all with an average rating of at least 4.0) on SeedlyReviews, we have:
- Keppel Electric
- Ohm Energy
- Tuas Power
Tuas Power takes the top spot with an average rating of 4.8 across 363 reviews.
Their latest reviews are pretty recent (only a few hours old as of the time of writing).
Ohm Energy isn’t too far off with an average rating of 4.9 across 313 reviews.
Best Mobile Plan in Singapore
Almost everyone has a phone today.
Naturally, the competition amongst the 13 telcos to offer the best mobile plan in Singapore is always high.
For the best mobile plans with more than 350 reviews (all with an average rating of at least 4.3) on SeedlyReviews, we have:
Circles.Life is the favourite telco amongst Singaporeans, with a 4.3 rating across 587 reviews.
Big kudos to the team for actively responding to user feedback.
Next in line is MyRepublic which gathered 366 reviews and earned an average rating of 4.3.
Best Remittance Platform in Singapore
Wondering which is the best remittance platform in Singapore to send money overseas?
Based on the reviews left on SeedlyReviews, that accolade belongs to InstaReM which has a 4.7 rating across 498 reviews.
It’s clear that the team takes great pride in their product as they’re actively responding to every review.
And are highly receptive of constructive feedback in their quest to make their customers’ experience better!
Best Broadband Provider in Singapore
Everyone needs wifi at home.
Even more so since we’re at home most of the time now.
So naturally, you’ll want to know who is the best broadband provider in Singapore with the most stable connection for a reasonable price.
MyRepublic takes the top spot with an average rating of 4.4 across 1,279 reviews.
But if you’re looking to choose between the top 3 broadband service providers (all with more than 60 reviews) in Singapore:
M1 Broadband comes up on top with an average rating of 3.8 across 69 reviews.
However, we have to point out that the most recent reviews have all pointed out the repeated service disruptions during December 2020…
Best Multi-Currency Card in Singapore
We might not be travelling anytime soon but we can always use multi-currency cards for the best rates when shopping at overseas-based online shops!
Wondering which is the best multi-currency card in Singapore?
For the best multi-currency cards with more than 250 reviews (all with an average rating of at least 4) on SeedlyReviews, we have:
- MCO Visa Card
YouTrip is the clear favourite with an average rating of 4.7 across 491 reviews.
MCO Visa Card is the second choice of Singaporeans with a 4.8 rating across 288 reviews.
Best Debit Card in Singapore
If you’re a broke student or first-jobber, you probably don’t have a credit card yet.
But that’s okay.
You can always use one of these best debit cards to buy stuff online and use as an ATM or EZ-Link card.
If you read the reviews on SeedlyReviews, you’ll find that the favourite amongst Singaporeans is the POSB PAssion Debit Card, which has an average rating of 4.6 across 41 reviews.
Best Robo-Advisor in Singapore
Robo-advisors are getting popular in Singapore as they offer investors a relatively fuss-free way to invest a fixed amount of savings.
Wondering which is the best robo-advisor in Singapore?
For the best robo-advisors with more than 150 reviews (all with an average rating of at least 4), we have:
StashAway seems to be the most popular robo-advisor in Singapore with a 4.8 rating across 768 reviews.
Next up is Syfe which has a 4.7 rating across 582 reviews.
If you have an investment-related question, you’ll appreciate the fact that the Syfe team is actively answering questions left by the community!
Best P2P Lending Platform in Singapore
P2P lending platforms are becoming a go-to for small companies trying to get financial backing.
And for Singaporeans looking for alternative investments.
How do you choose a reputable platform to invest with?
By checking out real user reviews on Seedly to get a better understanding before putting your money in!
Overall, the most popular choice amongst Singaporeans is Funding Societies with a 4.1 rating across 321 reviews.
Their most recent review is a few hours old.
Next up is BRDGE who clocked a 4.7 rating across 165 reviews.
Best Online Brokerage in Singapore
Planning to trade or invest?
Then you’ll want to find out which is the best online brokerage in Singapore.
For the best online brokerage with more than 150 reviews on SeedlyReviews, we have:
- FSMOne Fundsupermart
- PhillipCapital (POEMS)
FSMOne Fundsupermart takes the top spot with an average rating of 4.3 across 165 reviews.
A big shoutout to them for responding professionally to the community’s feedback even if it is a negative one.
Close behind is PhillipCapital (POEMS) with a rating of 3.9 averaged across 158 reviews.
Best Investment Course in Singapore
When it comes to finding the best investment course in Singapore.
It’s hard to tell what the course will be like just looking at the curriculum.
So the best way is to rely on real user reviews.
For the best investment courses with more than 300 reviews (all with an average rating of at least 4.7)on SeedlyReviews, we have:
- The Systematic Trader
- Trading With Rayner
Trading With Rayner takes the top spot with an average rating of 4.8 across 394 reviews.
Not too far off is The Systematic Trader with a 4.9 rating averaged across 1,198 reviews.
Best Travel Insurance In Singapore
It’ll be a while before we start travelling again.
But it never hurts to know which is the best travel insurance in Singapore to get when we can finally head overseas again.
For the best travel insurance with more than 150 reviews on SeedlyReviews, we have:
- FWD Travel
- NTUC Income Travel Insurance
- Tiq Travel
NTUC Income Travel Insurance is a hot favourite with a 4.5 rating across 511 reviews.
Tiq Travel Insurance is a close second with an average rating of 4.7 across 166 reviews.
Overall, the reviews for most of the travel insurance products on Seedly are slightly old.
But that’s understandable as no one has been travelling in 2020 due to the COVID-19 pandemic.
Best Car Insurance in Singapore
Are you a driver looking for the best car insurance in Singapore?
NTUC Income Drivo Car Insurance seems to be the favourite as it scored an average rating of 4.8 across 56 reviews.
Best Personal Accident Insurance in Singapore
Does your work or lifestyle put you at risk of injury, disability, or even accidental death?
Then you might be looking for the best personal accident insurance in Singapore.
Manulife ReadyProtect Personal Accident Insurance seems to be the favourite amongst Singaporeans with an average rating of 4.8 across 59 reviews.
Best Health Insurance in Singapore
Choosing the best health insurance plan is not as simple as it looks.
Besides the price and coverage, how will you know which plan has the easiest claims process?
That’s where the real user reviews on SeedlyReviews will help.
The clear favourite of the community seems to be NTUC Income IncomeShield Integrated Shield Plan with an average rating of 4.5 across 284 reviews.
Best Insurance Savings Plan in Singapore
Looking for something in between an insurance plan and a savings account?
Then you’re probably looking for the best insurance savings plan in Singapore.
Since the product is widely accessible, it’s not surprising that the Singlife Account clocks in with a 4.5 rating across 136 reviews.
So we can all make a better and more informed decision.