Monday, November 04, 2024

How I spent my NS $200 credits on LifeSG?


I received my $200 NS credits on the LifeSG app yesterday.

2 years ago, I spent my $100 NS credits by paying off my credit card bill on the AXS e-station website.

I intended to do the same again until I saw social media posts that a better way than en-cashing the credits via Sheng Siong ATM which will incur 20 cents fee, is via topping up the YouTrip account and withdrawing from app back to our bank account at no transaction cost at all.

I quickly decided to take action before YouTrip or the government takes action to nerf such practice which defeats the purpose of stimulating the economy via social benefits.

I quickly launched my YouTrip app to top up $200 and generate a QR code.



I then logged in to LifeSG app via SingPass and uploaded the YouTrip QR code to pay.



The transaction was successful and seamless.


The $200 top up is reflected instantly in my YouTrip app.


I then proceeded to withdraw to my bank via Paynow to my phone number.


The $200 NS credits rest safely in my bank now. The entire process took less than 3 mins.


I decided to top up the Moomoo Fullerton SGD Liquidity Fund to earn 2.8% p.a. yield payable daily.



This is how I utilised my $200 NS credits.

Thank you for reading.

With love & peace,
Qiongster

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