Alevin K Chan

Aelvin Chan is a freelance content specialist and former Financial Adviser with a mission to help readers make smarter financial decisions. With a background in financial services and a natural flair for writing, Aelvin transitioned from advising clients to crafting clear, actionable personal finance content for a wide audience.

Over the years, Aelvin has contributed to reputable publications including SingSaver, ValueChampion, Planner Bee, Loan Advisor, TheSmartLocal, and Yahoo, where his articles cover a diverse range of topics such as money-saving strategies, wealth planning, credit card optimization, and the latest in FinTech trends.

His writing stands out for its practical, reader-centric approach, whether he's explaining how to achieve financial freedom, comparing the best health insurance plans, or offering insights into lifestyle budgeting. Drawing from both professional financial experience and personal financial journey, Aelvin delivers relatable, well-researched advice that empowers his readers.

Outside of writing, Aelvin is a strong advocate for financial literacy, frequently sharing tips through social media, participating in community outreach initiatives, and engaging with readers who seek to improve their financial well-being. His approachable tone, transparent advice, and multi-domain expertise make him a trusted voice in the personal finance space.

Articles by
Alevin K Chan

High-yield savings vs smart cash management: What Singaporeans need to know

October 10, 2025

High-yield savings accounts offer good rates, but require jumping through several hoops. Is there a better way to earn increased returns? According to a recent Straits Times report, younger Singaporeans have a strong preference for high-yield savings accounts (HYSA). The report noted that savers aged 18 to 30 are drawn to the risk-free returns offered by such accounts, with higher rates progressively unlocked as different conditions are fulfilled. It’s easy to see the appeal. HYSAs promise interest rates several times higher than the base rate, providing an opportunity to grow your savings quicker or generate some extra cash. However, are Singaporeans really getting a good deal from HYSAs, and is there a better way to earn better returns on your money?

Not covered by SDIC? Here’s why that’s normal for investments

July 2, 2025

Investments in Singapore are not covered under the Singapore Deposit Insurance Corporation (SDIC), but that shouldn’t scare you off from smart investing. Here’s what you need to know about why your money is still protected when you invest smartly with licensed platforms like Chocolate Finance. If you own a bank account in Singapore, you’d likely have seen “SDIC” somewhere in the fine print of your statements. Well, that’s an abbreviation for Singapore Deposit Insurance Corporation, which is a third-party organisation that protects your deposits should the bank or finance company holding your funds go under.

Why everyone’s chasing miles: The rise of card rewards in 2025

July 1, 2025

Driven by a resurgence in travel and a desire for flexibility, air miles and rewards credit cards are becoming more popular among Singaporeans. From maximising travel perks to earning cashback on everyday spends, cardholders are seeking more than just plastic, Singaporeans want powerful rewards strategies that deliver real value.

SGD vs USD: Why more Singaporeans are diversifying in US Dollar

May 30, 2025

With the US Dollar at a five-year low against the Singapore Dollar, Singaporeans are looking at a golden opportunity to boost investment returns. Here’s why more investors are diversifying into the US Dollar, and how you, too, can plant the seeds for a future harvest. The US Dollar has been in the spotlight again, with recent headlines remarking on its weakness. This is significant because weakness in the Dollar also means other currencies strengthen against it – opening up interesting opportunities for the savvy investor. The reason for the current bout of softness? Trump’s global trade tariffs, which as of writing) start from 10% for most countries, and range up to 245% for China. Yikes! But while the economic rationale behind these tariffs are in question, their negative impact clearly isn’t.

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Photo of Chocolate Finance's App in a mobile phone where customers can see their daily returns on their savings.

3% p.a. return

On your first S$20k.

2.7% p.a. return

On your next S$30k.

Up to 2.7% p.a.

On amounts thereafter.

Full-on security

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Chocolate Finance is a brand of Chocfin Pte Ltd (UEN 202347190R). Chocfin Pte Ltd is licensed and regulated by the Monetary Authority of Singapore (CMS101452) to perform fund management activities. Chocolate’s returns are subject to change based on market conditions, with Chocolate top-up support offered as an incentive during the Qualifying Period, and it does not constitute a guarantee of return or capital. Returns are calculated on a compounded basis. Terms and conditions apply.

This website was prepared without regard to your specific investment objectives, financial situation, accounting or tax needs and does not constitute advice. Before applying, you should consider carefully whether the product/service is suitable for you. This advertisement has not been reviewed by the Monetary Authority of Singapore.

All views expressed are opinions of Chocolate Finance and are subject to change based on market and other conditions without notice or obligation. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. The mention of any individual securities should neither constitute nor be construed as a recommendation to purchase or sell investments, and the information provided regarding such individual investments is not intended to be used to form any basis upon which an investment decision is to be made. Any statistics have been obtained from sources Chocolate Finance believed to be reliable but the accuracy and completeness of the information cannot be guaranteed. All investments involve risk, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. Past performance is not indicative of future results.