This was the second time I signed up for an HSBC credit card through MoneySmart. The first time was about three years ago, and the second time was earlier this year. Both times, MoneySmart was punctual, responsive, and proactively kept me updated on my rewards status, without me having to chase them and with no ridiculous excuses given for delays. In fact, there were no delays. Sorry to say, but my experience with SingSaver last year was exactly the opposite, and I no longer trust SingSaver. Keep up the good work, MoneySmart!
Your Car Insurance Knowledge Hub
Your one-stop car insurance knowledge hub. Get expert guides, tips, and deep dives, from coverage to claims. Read it all at MoneySmart, Singapore's trusted finance platform.
Learn about car insurance through these key topics:
Car Insurance 101
Start learning about Car Insurance
Things to Note for Car Insurance
Car Insurance Tips
Car Insurance for Every Kind of Driver
Driver Profile
Explore our articles on Car Insurance
See what others are saying
Awesome ❤️❤️❤️
Mr Ken is reliable, honest and highly professional. He is always willing to help with patience and sincerity, and he never fails to respond promptly and efficiently. His dedication and excellent service are truly appreciated. Highly recommended!. Sincerely Dr Ibrahim.
Arvin is an exceptional consultant! He is highly knowledgeable, well-versed in different insurance policies, and incredibly patient. He took the time to explain everything clearly and helped me find the best coverage for my needs. Highly recommended!
Moneysmart team assisted me in claiming a cash gift. Inquiry was answered promptly and I received payment in about a week. Shout out to Nisa
Ken was super prompt and helpful for me as a first time user
Good services and responsive.
Good customer service experience. special mention to Dayang who was fast and helpful in addressing my queries. His solutions are quite detailed and informative. Thanks Dayang and MoneySmart team for the good work!
Customer service is straightforward and reliable and friendly and prompt
I had a very positive experience with MoneySmart's customer support team. I recently encountered an issue relating to a rewards redemption and reached out for assistance. While the matter required several rounds of communication, the team remained professional, patient, and responsive throughout the process. I would especially like to thank Nisa for her courteous communication and for taking the time to follow up on my case. Rather than providing a generic response, she listened to my concerns, ensured the case was properly reviewed, and helped facilitate a satisfactory resolution. It's reassuring to know that MoneySmart values customer feedback and is willing to carefully consider individual situations. Thank you to Nisa and the team for the excellent support and customer service. Highly recommended. 😊
Great and as advertised!
Awesome experience from Officer Kama. Thank you for helping .
Always got the best offer or promotion from money smart. Help save alot of money
Good follow through the entire process from first enquiry till gift/voucher redemption experience. Competitive product pricing.
Initially the reward was pending for some time and after some push to clarify with the concerned institution MoneySmart Singapore paid it. Finally satisfied.
Responsive and professional
Great customer service!! staff were so friendly and prompt to respond to my queries.
I’m very happy with the good deal I got through MoneySmart. The support team was also very responsive and helpful in handling my queries. Overall, I had a great experience with MoneySmart and would definitely recommend it!
I’ve had a really good experience with MoneySmart! I love the deals and promotions they offer, and they make it easy to find good value when signing up for different products. What I appreciate even more is their after-sales service. The team is helpful and responsive whenever I have questions or need assistance, which gives me peace of mind after signing up. I also really like how their website allows me to keep track of the deals and products I’ve signed up for. It’s convenient to have everything in one place instead of having to dig through emails or documents to remember what I signed up for. Overall, a great experience with MoneySmart and definitely a platform I would recommend! 😊
Good deals and importantly good response when needed support or enquiry on certain claim procedures. Special thanks to Dayang for good and fast response.
Frequently Asked Questions
Is car insurance compulsory in Singapore?
Yes. Under the Motor Vehicles (Third-Party Risks and Compensation) Act, all vehicles must have at least third-party insurance to be driven legally.
How does No-Claim Discount (NCD) work for car insurance?
NCD is a discount that grows each year you don't make a claim, up to a max of 50% in Singapore. Making a claim can reset or reduce your NCD, which is why small claims aren't always worth it.
How much does car insurance cost in Singapore?
Premiums vary based on your car's make, model, age, driving record, and NCD, but comprehensive plans generally range from $800–$2,000+ a year. Comparing multiple insurers can reveal significant price differences for similar coverage.
What happens if I don't renew my car insurance on time?
Your NCD may be affected, and driving without valid insurance is illegal, exposing you to fines, license suspension, or full liability for any accident costs.
Want more MoneySmart in your Google results?
One tap, and we'll turn up more often when you search for money answers.





















