FINTECH startups Revolut, PolicyPal and StashAway have teamed as much as provide Singapore medical personnel bank card cashback, free Covid-19 insurance coverage and 6 months of free investing service, the businesses mentioned on Thursday.
Below a joint initiative referred to as “Medical Energizer”, funds fintech Revolut, a Visa accomplice, is providing Three per cent cashback for every transaction made on Revolut Visa playing cards with none caps and as much as S$50 rides rebates per week for any ride-sharing providers and taxi rides.
Medical personnel can e mail employment proof to Revolut to obtain the Revolut Visa card.
In the meantime, insurtech PolicyPal is offering free private accident Covid-19 insurance coverage with a prognosis good thing about S$3,000 and as much as S$2,000 outpatient medical bills reimbursement.
Lastly, robo advisory agency StashAway is providing its funding service to medical personnel freed from cost for six months. Its fees usually begin with a 0.eight per cent annual payment charge for the primary S$25,000 invested. StashAway has a tiered discount in annual charges based mostly on how rather more cash is invested after the preliminary S$25,000.
Revolut and PolicyPal are additionally inviting prospects to donate through their apps, with all donations going straight in direction of their respective choices for medical personnel. Any extra contribution might be donated to registered medical charities, each startups mentioned.