Chinese New Year is coming and we know you’re looking forward to meeting your friends and family, in safe groups of eight of course! If you’re like us, stumped because we can’t get Ang Baos or give them away due of COVID-19 restrictions, don’t worry. There’s an alternative while still maintaining a safe distance between you and your loved ones!

Credit: GIPHY

Normal Ang-Bao Cannot Meh?

To avoid spending a long time queueing to get fresh notes at the banks and to reduce the carbon footprint by not giving physical notes, giving E-Ang Baos digitally is definitely the way to go! Especially since there will be some of you who are limited to virtual gatherings via Zoom Calls, MS Teams or Google Hangouts. We’ve listed a few payment options for you to give your Ang Baos safely to your loved ones!

PayNow With Greetings

One of the more common ways of transferring money, you can PayNow to your relatives and friends with graphic greetings. Simply transfer your funds to your recipient with their NRIC or phone number, you can notify them with SMS or Whatsapp once they’ve received! This function will be available for DBS, OCBC, UOB, Standard Chartered, Maybank and Citibank users who will receive an app or SMS notification upon transferring.

QR Ang Baos

Photo Credit: DBS

Last year, DBS rolled out limited red packets of Ang Baos with QR codes behind them for people to PayLah their friends and family. This year, they’ve rolled out more games for you to have fun while transferring money, check out their TapLah! game in your PayLah! App for a chance to win up to S$888!

You can load up cash and transfer to your recipients, even the kids (with Parental consent of course) almost immediately! Redeem your DBS QR Ang-Baos online, have it delivered by 10 Feb 2021 or you can collect the limited QR packets at any Sheng Siong outlet! 

Terms and conditions apply.

GooglePay x OCBC

Photo Credit: OCBC Bank

I’m sure you’ve heard of GooglePay by now, on top of using it as a contactless payment option at most shops, Google Pay allows you to earn rewards as you transfer funds. Google has launched their Chinese New Year mini-game Huat Pals, giving you the chance to win up to $88.88 by completing different tasks. They are also running an exclusive promo for OCBC users. Transfer funds to your friends and stand a chance to earn cashback of up to S$30!

Terms and conditions apply.

Giving The Ang Baos A Bit More Longevity

For those of you who are still giving away physical packets, don’t forget to drop off your used packets at red packet recycling bins located at full-service DBS and POSB Bank branches. Takashimaya is also hosting a recycling point at The Atrium till 28 Feb 2021. A little goes a long way!

Amplify Your Ang Bao Money

For the parents, here are some useful tips on how to stretch the dollar on your kid’s Ang Baos that you receive! 

And if you’re all up for savings, don’t forget to check out our MoneyBag game available on our App (Google Playstore or Apple App Store) and on our website

MoneyBag Virtual Savings Game

If you’re thinking of ways to earn P$ credits and pass time during CNY reunions (don’t worry we won’t tell), check out our MoneyBag game! MoneyBag allows users to start a virtual savings plan. Choose your preferred character, motivate it and earn credits as you go. You can save from S$1 to S$100 credits depending on your PolicyPal’s account (PolicyPal credits balance). Win S$1000 when you earn P$1000 credits!  

Team PolicyPal wishes you a Happy New Year! Stay safe and we hope you enjoy the holidays with your loved ones!

Terms and conditions apply.

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You can enjoy a free financial portfolio review, to help you better understand how to create a suitable financial plan for you and your family. We will analyse life insurance products from various insurers and present you with solutions, tailor-made to address your concerns. 

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To get in touch, you can WhatsApp us at 87500688 and let us know your preferred date and time for the appointment. Alternatively, leave your details below and we will contact you to help you arrange for an appointment. 

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The teleconsultation can be done through a WhatsApp phone call or video call. However, we would recommend using Zoom as it is a free video-conferencing app that you can download for clear audio and video consulting on your computer or phone.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

 

Read more:

3 Ways To Amplify Your Children’s Ang Bao Money

What Are PolicyPal Credits? How to Start Earning & Using Your P$

Cheat Sheet for MoneyBag to Win S$1,000

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PolicyPal is here to help you make informed and savvy financial decisions through the good times and the bad.

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