{"id":24470,"date":"2025-07-24T11:12:48","date_gmt":"2025-07-24T03:12:48","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?page_id=24470"},"modified":"2025-08-26T17:24:33","modified_gmt":"2025-08-26T09:24:33","slug":"beansprout-exclusive-syfe-sg60-promotion","status":"publish","type":"page","link":"https:\/\/www.syfe.com\/magazine\/beansprout-exclusive-syfe-sg60-promotion\/","title":{"rendered":"Beansprout Exclusive | Syfe SG60 Promotion"},"content":{"rendered":"\n

Updated as of 26 August 2025<\/em><\/p>\n\n\n\n

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Table of Contents<\/strong><\/h2>\n\n\n\n
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  1. Eligibility & Qualification<\/a><\/li>\n\n\n\n
  2. Funding & Holding Requirements<\/a><\/li>\n\n\n\n
  3. Reward Selection & Fulfillment<\/a><\/li>\n\n\n\n
  4. Others<\/a><\/li>\n\n\n\n
  5. Terms & Conditions<\/a><\/li>\n<\/ol>\n\n\n\n
    \n\n\n\n

    Eligibility & Qualification<\/strong><\/h2>\n\n\n\n
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    Who is eligible for this promotion?<\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    This promotion is open to new Syfe users who are legal residents of Singapore and have never registered or funded any Syfe account.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    How do I qualify for the SG60 promotion?<\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
    \n

    To qualify, an eligible user must complete all of the following steps:

    1. Sign up for a Syfe Brokerage account and complete the KYC verification process<\/p>\n\n\n\n

    2. Apply the promo code “SG60BS<\/strong>” during the promotion period<\/p>\n\n\n\n

    3. Make a one-time deposit of S$2,000 or more in fresh funds into their Brokerage account within 30 days of applying the promo code<\/p>\n\n\n\n

    4. Maintain a minimum balance of S$2,000 in their account for at least 30 calendar days from the date of deposit<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    When is the promotion period?<\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    The promotion is valid from 21 July 2025, 16:00 SGT to 26 August 2025, 23:59 SGT.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    Which products can I deposit funds into?<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    Funds must be deposited into your Syfe Brokerage account.<\/p>\n\n\n\n

    Deposits into other Syfe products (e.g. Cash Management or Managed Portfolios) will not count toward this promotion.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    Can I combine this promotion with other promotions?<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    No, this promotion cannot be combined with any other ongoing offers, promotions, or promo codes unless explicitly stated otherwise.<\/p>\n\n\n\n

    If you\u2019re already registered for another non-combinable promotion but prefer this one, you may email support.sg@syfe.com<\/a> to request a change. Approval is at Syfe\u2019s sole discretion.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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    Funding & Holding Requirements<\/strong><\/h2>\n\n\n\n
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    Do fresh deposits need to be made in one transaction?<\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    Yes, only a one-time deposit of S$2,000 or more will qualify. Multiple smaller deposits that add up to S$2,000 do not meet the requirement.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    Is there a minimum deposit amount required?<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    Yes, you must deposit a minimum of S$2,000 in fresh funds in a single transaction to qualify.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    What happens if my balance drops below S$2,000 during the 30-day holding period?<\/strong><\/strong><\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    You may be disqualified from receiving the reward if your balance falls below S$2,000 during the 30-day holding period due to withdrawals.
    Market fluctuations do not impact your eligibility \u2014 only withdrawals that reduce your balance do.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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    Can I transfer my funds to Managed Portfolios or Cash Management during the 30-day holding period?<\/strong><\/strong><\/strong><\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    As of 29 July 2025, we\u2019ve updated our policy based on client feedback to allow internal transfers between Managed Portfolios and Cash Management for this promotion.<\/p>\n\n\n\n

    However, please note that you should only transfer your funds 2\u20133 business days after your deposit has been reflected in your Syfe Brokerage account. Transferring funds too early may result in the promo code not being processed correctly, which could affect your eligibility for the reward.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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    Reward Selection & Fulfillment<\/strong><\/h2>\n\n\n\n
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    What exactly will I receive as a reward?<\/strong><\/strong><\/h6>\n
    <\/div>
    <\/div><\/div><\/div><\/div>\n\n\n\n
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    Eligible users will receive one (1) share each of the following Singapore bank stocks:<\/p>\n\n\n\n