SNACK By Income Insurance Referral Code: CHA0414

SNACK by Income is your solution to getting more out of life

Referral promotion period has been extended!

New promotion period:

  • 1 January 2024 until 30 June 2024 (inclusive of both dates)

Best SNACK by Income referral code 2024

SNACK is a mobile app that helps you build your insurance coverage and investments a little at a time.

Here’s $20 eCapitaVouchers for you to start your investment journey! 😲💰

All you need to do is:

  1. Download the SNACK by Income app
  2. Input the referral code: CHA0414 (Note: ‘0’ character in referral code is numeric zero) and tap on SIGN UP
  3. Complete your SNACK account creation by filling up your user profile. Recommended to use SingPass MyInfo.
  4. Start SNACK Investment! Refer to steps 3-4 here:

Learn about SNACK Investment here.

Table of Contents
SNACK Poster


SNACK by Income, is a customer-centric platform that offers micro-insurance coverage to consumers without locking them into long term commitments

Backed by NTUC Income, SNACK by Income represents a unique proposition designed around the digital lifestyle needs of the future to cater for emerging technological trends and changing consumer behaviours revolving around insurance.


How exactly does SNACK by Income work?

The micro-insurance concept is pretty abstract to me and this is just my personal understanding of how things work.

The SNACK branding and cartoonish marketing also added to my initial confusion, making me wonder whether this insurance thingy was related to food, cartoon and games.

Firstly, SNACK by Income offers 3 micro-insurance products:

  • Term Life protection
  • Critical Illness protection
  • Personal Accident protection

Secondly, you need to set up in the app (termed as “GRAB A SNACK”), a set of instructions to purchase a micro-insurance automatically whenever a lifestyle activity is performed.

The concept is that whenever you perform specific lifestyle activities, a small amount is charged to your credit card to purchase a tiny amount of insurance.

Note that each purchase of a micro-insurance gives you coverage for only 365 days.

Lifestyle activities include:

  • reaching 5000 steps on fitbit
  • taking public transport using EZ Link card.
  • Spending on your credit card
  • pumping petrol
  • paying utilities bill etc..

An example of such a set of instructions:

Lifestyle Activity5000 steps completed on fitbit
ProductAccident protection

You can set a cap on the maximum amount to purchase weekly to stick to a budget.


The SNACKFIT feature is a first-of-its-kind fitness and lifestyle proposition that offers bonus insurance coverage for your policies based on biological age.

SNACKFIT calculates one’s biological age based on the fitness and activity data retrieved from linked fitness trackers and offers bonus insurance coverage when one’s biological age is younger than the actual age.

You can turn on SNACKFIT from the “Home” tab in the SNACK mobile app and scrolling down to the “Explore” section. As of March 2024, the fitness sources supported are:

  • Apple Health
  • Fitbit
  • Garmin

Hopefully other platforms like “Google Fit”, “Mi Fit” and “Samsung Health” will be integrated soon.

My personal experience

Activity source credit card and payment credit card mean different things

When you set a VISA card as a lifestyle activity source, its transactions will be monitored against set criteria. Any activity criteria met will effect a micro-insurance purchase.

In the SNACK app, you also need to setup a payment credit card which is used to pay for these micro-insurance purchases.

These two can be different credit cards, and I once mistakenly thought that the payment credit card will be monitored to trigger micro-insurance purchases.

Adding activity sources

Remember to check out after you add a activity source to the cart.

Removing activity sources

I was having a hard time in the app finding how to remove an activity source and decided to record down the steps.


The first Micro Investment-Linked Plan in the Industry!

Launched on 16 September 2021, SNACK Investment is the industry-first Micro Investment-Linked Plan that integrates micro-investments into consumers’ everyday lives. Bite-sized amounts of investments can be made whenever you perform certain lifestyle activities.

Unlike other competing products, the minimum investment amount is just $1!

You can set a weekly total cap, and also specify the amount to invest for each lifestyle activity performed.

Categories of lifestyle activities include:

  • Entertainment
  • Food and drinks
  • Groceries
  • Petrol
  • Retail
  • Transport
  • Utilities
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