What do you get from SPARXX?
- SPARXX offers a guaranteed future savings value per card for selected ages.
- To illustrate, if, for example, you activated your SPARXX account with a P300 card at age 31, you will get a guaranteed P387 upon maturity after 10 years. The table below shows how much SPARXX cards could earn after 10 years.
|
|
SPARXX Denomination |
Registration Ages |
Minimum Period to Receive Earnings |
Guaranteed Earnings |
Interest |
P300 |
0 to 55 |
10 years |
P387 |
29% |
P500 |
0 to 57 |
8 years |
P619 |
24% |
P700 |
0 to 58 |
7 years |
P841 |
20% |
P1,000 |
0 to 58 |
7 years |
P1,228 |
23% |
P2,500 |
0 to 59 |
6 years |
P2,967 |
19% |
P5,000 |
0 to 59 |
6 years |
P5,989 |
19.8% |
- The maturity amounts are guaranteed regardless of what happens. Pioneer Life, one of the country’s leading names in Insurance, offers the guarantee. You
get the earnings that are due to you,
guaranteed.
- Your SPARXX account will never lapse. Your account will always be in
your name, earning interest over the years until
maturity.
- SPARXX is not subject to withholding tax. You get the entire
amount due you upon maturity.
- SPARXX also offers life insurance equal to the guaranteed future savings value. With more cards activated, you get higher savings and higher insurance.
How often should I get SPARXX?
With SPARXX, there are no fixed terms. You set the pace for your savings. Get as many cards as often as you want. You can save and build your insurance up to P500,000!
When can I receive my savings?
You can get your savings:
- After a fixed number of
years;
- When you reach a specified age.
You just need to meet the minimum period necessary for your savings to grow. To make the most of the benefits of SPARXX, all savings are programmed for release by the maximum age of 65.
|
