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Time moves scarily fast sometimes, but when it comes to collecting interest and returns, that is quite a good thing. It‘s been 3 months since I started my deposit with Moneybull and the returns have come up to a healthy amount! It’s time again to share my returns so far and my thoughts from using it.
Fuss-free, decent returns
I deposited S$138,647.34 on 16th October 2023 and the cumulative returns over the past 3 months has been S$1,382.18 as of 17th January 2024 . That works out to be approximately 3.97%* p.a. which is really quite good if you ask me, particularly for a relatively low risk investment.
What makes this even beter is how fuss-free it has been. There are no pesky requirements like crediting salary...