I have been using Standard Chartered's e-saver promotion to park short term cash.  It has been serving me well because of its liquidity (you can withdraw anytime since it has no fixed tenure), relatively good returns (1.4% p.a. for amounts of over $200k) as well as ease with inter-bank transfers using online banking. In view of the stock buying opportunities ahead, I hesitate to place the money in longer-term FDs or commitments.  This is money that is to be deployed to buy stocks as and when I feel the time is right. Recently, I have been thinking whether there is a better way?  Hope to get some ideas from fellow bloggers in this community....