Singapore Savings Bond (SSB) is one of the more common options for Singaporeans to invest their money in as it usually offers a higher return as compared to bank fixed deposits.
It is one of the easier ways to combat the prevailing inflation rate (1.9%) with little risks involved.
Side note: we’ve noticed that this month’s SSB rates barely beats inflation and it’s only if you hold it till maturity…
Here’s a quick comparison that can help you with your decision, should you be looking to invest in the SSB:
Singapore Savings Bond (SSB)Savings Account in BanksFixed Deposits LiquidityYESYESNO Low Barriers to InvestYESYESNO Returns >1% Per AnnumYESNODEPENDSIn this article, we’ll guide you through EVERYTHING you need to know about SSB:
Updated SSB Interest Rates What Are The Benefits of Parking My Savings With SSB? Step-By-Step Guide To Investing In Your First SSB SSB vs Fixed Deposits This Month’s...
