This article is not financial advice. All figures are as at March 2026 and subject to change. Please verify with Endowus directly before making investment decisions.
If you are looking for an Endowus referral code in 2026, you have come to the right place. Endowus is Singapore’s first and only MAS-licensed digital wealth advisor offering CPF, SRS, and cash investing through a single platform — and their referral programme gives new investors a cash reward just for signing up.
In this guide, we cover the latest Endowus referral code, how to claim your sign-up bonus, a full review of fees and features, and how Endowus compares to Syfe and StashAway. Whether you are a first-time investor or moving funds off a traditional bank platform, this guide gives you what you need to decide.
Table of Contents
Table of Contents — Click to expand
What Is Endowus?
Endowus is a Singapore-based digital wealth management platform licensed by the Monetary Authority of Singapore (MAS) as a Registered Fund Management Company. Founded in 2017 and launched publicly in 2019, it has grown to manage over S$5 billion in client assets — making it one of the largest independent wealth managers in Singapore.
What makes Endowus genuinely different from traditional banks and most robo advisors is its fee-only, trailer-fee-rebate model. Traditional fund distributors (banks, insurers, IFAs) collect trailer fees of 0.5%–1.0% p.a. from fund managers as a kickback for recommending their funds. Endowus rebates 100% of these trailer fees back to you — meaning the total cost of investing through Endowus is often lower than going through a bank, even after accounting for the access fee.
The other critical differentiator: Endowus is the only platform in Singapore that allows retail investors to invest their CPF Ordinary Account (OA) and Special Account (SA) funds through a digital interface, alongside SRS and cash. For Singaporeans serious about retirement planning, this is a significant advantage. Read our CPF Investment Strategy guide to understand how CPF investing works and whether it is right for you.
Key Features and Fee Structure
Three Core Products
1. Goal-based Portfolios (Advised) — Pre-built portfolios (Balanced, Equity, Fixed Income, ESG) constructed from institutional funds. Endowus handles rebalancing and fund selection. Minimum initial investment: S$1,000; subsequent top-ups from S$100.
2. Fund Smart (Self-directed) — A unit trust marketplace where you pick individual funds from Dimensional, PIMCO, BlackRock, Amundi and others. All trailer fees are rebated, making this significantly cheaper than buying through a bank. No minimum investment per fund.
3. Cash Smart — A cash management solution investing in money market and short-duration bond funds. Access fee is 0% — only fund expense ratios apply. Effectively a higher-yielding alternative to a savings account, with T+1 or T+2 withdrawal.
Endowus Fee Structure (as at March 2026)
| Account Type | Portfolio Value | Annual Access Fee |
|---|---|---|
| Cash / SRS | First S$200,000 | 0.60% p.a. |
| Cash / SRS | S$200,001 to S$1,000,000 | 0.40% p.a. |
| Cash / SRS | S$1,000,001 to S$3,000,000 | 0.30% p.a. |
| Cash / SRS | Above S$3,000,000 | 0.20% p.a. |
| CPF (OA / SA) | All amounts | 0.40% p.a. |
| Cash Smart | All amounts | 0.00% (fund expense ratios only) |
Source: Endowus website. Always verify current fees before investing.
Important note: the access fee is charged on top of the underlying fund’s expense ratio. For a typical balanced portfolio, the all-in cost (access fee + fund expense ratio) is generally in the range of 0.70%–1.20% p.a. — still competitive versus the equivalent bank or insurer product.
Endowus Referral Code 2026 — How to Claim Your Bonus
The Endowus referral programme rewards both the new investor and the referrer. To make sure you receive your sign-up bonus, follow these steps exactly:
- Get the referral link — Visit our Endowus Referral Code page to access the latest code. Bonuses are updated whenever Endowus runs promotions, so bookmark the page for the most current offer.
- Click Sign Up through the referral link — The referral is tracked via a unique link parameter. Do not close and reopen the browser or navigate away before signing up, or the tracking cookie may be lost.
- Complete Singpass / MyInfo verification — Endowus uses Singpass MyInfo for fast KYC. Most accounts are approved immediately. Have your Singpass credentials ready.
- Fund your account within the qualifying period — The cash reward is typically credited after you make a qualifying deposit (usually S$1,000 or more for managed portfolios) and hold it for a minimum period. Check the exact terms on the referral page.
- Cash reward credited — The bonus is credited to your Endowus account and can be used to offset future access fees or reinvested. Check your Endowus dashboard under Promotions to confirm receipt.
Tip: If you are investing CPF funds, note that CPF transactions take longer to process — up to 3 business days after a CPF investment instruction is submitted. Cash and SRS transactions are faster.
Endowus Pros and Cons
| Pros | Cons |
|---|---|
| Only platform with CPF OA + SA + SRS investing | Higher entry minimum for managed portfolios (S$1,000) |
| 100% trailer fee rebate across all funds (Fund Smart) | Access fee applies on top of fund expense ratios |
| Access to institutional-grade funds (Dimensional, PIMCO) | No direct stock, ETF, or bond trading (fund-only platform) |
| MAS-licensed Registered Fund Management Company | CPF investing limited to CPFIS-approved fund list |
| Cash Smart: 0% access fee for cash management | No T-Bill or Singapore Savings Bond investing on platform |
| Clean app, easy portfolio tracking, auto-rebalancing | Limited portfolio customisation compared to DIY brokerage |
Endowus vs Syfe vs StashAway (2026)
Endowus is not the only robo advisor in Singapore. Here is how it stacks up against its two main competitors, Syfe and StashAway, on the metrics that matter most to Singapore investors:
| Feature | Endowus | Syfe | StashAway |
|---|---|---|---|
| Minimum Investment | S$1,000 (portfolios) | S$1 | S$1 |
| Fee (first S$200K) | 0.60% p.a. | 0.65% p.a. | 0.80% p.a. |
| Fee (above S$1M) | 0.20% p.a. | 0.35% p.a. | 0.20% p.a. |
| CPF OA / SA Investing | Yes | No | No |
| SRS Investing | Yes | Yes | Yes |
| 100% Trailer Fee Rebate | Yes | No | No |
| Referral Bonus (approx.) | S$20 cash | S$10 to S$20 | S$10 voucher |
| Best For | CPF optimisers, long-term retirement investors | Income seekers, beginners, S-REIT exposure | Globally diversified, risk-first methodology |
Fees approximate as at March 2026. Always verify with each platform before investing.
Our take: If you want to maximise your CPF and SRS investing in a structured, low-cost portfolio, Endowus is the clear choice. The CPF access and trailer fee rebate are genuine advantages that no competitor currently matches. For pure cash investing without the CPF angle, Syfe’s Income+ portfolio or StashAway’s global diversification are strong alternatives.
We have covered the Syfe vs Endowus comparison in full detail if you want a deeper look at both platforms side by side. You can also browse our Best Robo Advisor Singapore 2026 guide for the full market overview.
For those considering an ETF-focused strategy alongside a robo advisor, our Singapore REIT ETF Guide explains how S-REIT ETFs complement a long-term portfolio — and our Best S-REITs Singapore 2026 ranking shows which individual REITs are worth watching.
Frequently Asked Questions
What is the Endowus referral code for 2026?
The latest Endowus referral code and sign-up bonus for 2026 can be found on our dedicated Endowus Referral Code page. Codes and bonus amounts change with promotions, so the page is updated whenever a new offer is live. Using the referral link ensures your bonus is tracked and credited correctly.
Can I invest my CPF through Endowus?
Yes — Endowus is the only MAS-approved digital wealth advisor that allows Singaporeans to invest their CPF Ordinary Account (OA) and Special Account (SA) funds through a digital interface. Investments are limited to funds on the CPF Investment Scheme (CPFIS) approved list. CPF SA investing is subject to a minimum balance requirement, and investments are made via a linked CPF Investment Account opened through a local bank.
Is Endowus safe? Is it regulated in Singapore?
Yes. Endowus is licensed by the Monetary Authority of Singapore (MAS) as a Registered Fund Management Company (RFMC). Client assets are held in segregated custodian accounts — they are not co-mingled with Endowus corporate funds. All Singapore residents investing through Endowus are covered by standard MAS investor protection rules.
What is Endowus Fund Smart?
Fund Smart is Endowus’s self-directed unit trust marketplace. It gives retail investors access to hundreds of funds from Dimensional Fund Advisors, PIMCO, BlackRock, Amundi, Lion Global, and others — and rebates 100% of trailer fees back to investors. Traditional fund distributors keep these trailer fees as commissions, which can amount to 0.5%–1.0% p.a. Fund Smart eliminates this hidden cost, making it the lowest-cost way to access unit trusts in Singapore.
What is the minimum investment for Endowus?
For Endowus managed (goal-based) portfolios, the minimum initial investment is S$1,000. Subsequent top-ups start from S$100. For Fund Smart (self-directed unit trusts), minimums vary by fund. For Cash Smart, there is no stated minimum investment amount.
Can I withdraw my money from Endowus at any time?
For cash and SRS portfolios: yes, you can redeem at any time with no lock-in period and no withdrawal fee. Funds are typically credited to your bank account within 3 to 5 business days. For CPF investments: withdrawals are subject to CPF Board rules — CPF funds can only be withdrawn from Endowus back into your CPF account, not directly to a bank account.
Does the Endowus referral bonus count as income? Do I pay tax on it?
Singapore does not have capital gains tax, and small referral bonuses from investment platforms are generally not treated as taxable income in practice. However, this is a general observation and not tax advice — if you are in any doubt, consult a licensed Singapore tax professional or IRAS directly.
Conclusion: Is the Endowus Referral Code Worth It?
Endowus remains one of the most compelling investment platforms available to Singapore investors in 2026. For CPF and SRS investors, it is effectively the only credible digital option. For cash investors, the trailer fee rebate and access to institutional-grade funds make it competitive with any alternative.
The referral sign-up bonus is a nice extra — it is not a reason to choose a platform, but if you have already decided Endowus is right for you, there is no reason not to claim it. Head to our referral page for the latest code and current bonus amount.
If you are still comparing platforms, check out our referral pages below or run your retirement numbers through our Singapore Retirement Calculator.
More Referral Codes for Singapore Investors
Comparing your options? Check the latest sign-up bonuses across the major Singapore investment platforms: