Fixed deposit and savings account rates little changed as the Fed held rates steady This week, I saw a survey which indicated that both young and older investors picked fixed deposit as their top investment choice. This did not come as too much of a surprise to me, since there is frequent discussion about the best fixed deposit rate in the Beansprout community. If your preferred investment choice is fixed deposit too, the good news is that the best fixed deposit rate in May has stayed at 3.35% p.a. However, if you are looking to earn a potential yield above the best fixed deposit rate, we share why the yield on the upcoming 6-month T-bill auction on 9 May could stay high.  With the interest rate cut on the UOB One savings account from 1 May, we went on a hunt for the best savings accounts that allow our savings to work harder....