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Prudential Singapore – Change Payment by GIRO to Credit Card

Switch your Prudential Singapore insurance payments from GIRO to credit card in two simple steps to earn reward points or cash rebates.

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Daily.SG Newsroom
Archive · 30 Jan 2010
Prudential Singapore – Change Payment by GIRO to Credit Card
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KEY POINTS

  • ●Complete an Application for Alteration Form 1 to cancel your existing GIRO payment arrangement, specifying Cash/Cheque as the new payment method.
  • ●Mail the signed form to Prudential's Robinson Road address.
  • ●Log into PRUaccess using SingPass and navigate to Payment Settings to switch to credit card payment.
  • ●Paying by credit card allows you to earn reward points or cash rebates on your insurance premiums.

IN SIMPLE TERMS

Instead of paying your Prudential insurance automatically from your bank account every month, you can pay with a credit card instead. This way you earn reward points or cash back on your insurance payments. The article shows you exactly how to make this switch.

WHY IT MATTERS

Switching to credit card payments can help you earn additional rewards or cash back on regular insurance expenses.
Credit card payments may offer better financial benefits compared to GIRO's automatic deductions.
The process is straightforward and can be completed online or by mail in just two steps.
Consolidating insurance payments on a rewards credit card maximises overall cashback or points accumulation.

WHERE DO YOU STAND?

Should you switch your insurance payments from GIRO to credit card to earn rewards?

👍 👎 Vote ↓
The Full Story

Are you paying your Prudential Singapore insurance premium by GIRO in Singapore?

Why not consider switching from GIRO to credit card payments and earn reward points or cash rebates?

Prudential Singapore Payment Mode Switch

I have recently carried out this change successfully and here’s how it is done:

Basically, there are 2 steps to be completed:

Step 1 – Application for Alteration Form 1

1) Download “Application for Alteration Form 1 [PDF]” to cancel your existing GIRO payment arrangement.

2) Complete the following fields found in the form:

  • Policy Number(s)
  • Name of Policyowner
  • Financial Consultant’s Code and Name
  • Tick Cash/Cheque under “A. Payment Method”
  • Signature of Policyowner and Trustee(s)/Assignee
  • Name and Date

3) Mail this form to Prudential at:

Prudential Assurance Company Singapore (Pte) Limited
Robinson Road P.O. Box 492
Singapore 900942

Step 2 – Application for Regular Premium Payment by Credit Card

4) Log into PRUaccess using your SingPass.

5) Navigate to Payment Settings, then Change Payment Method to Credit Card / Change Credit Card.

6) Complete information accordingly and submit.

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