We share the best ways to earn a yield on your cash through fixed deposits, Singapore T-bills, SSBs and money market funds. What happened? Interest rates have been very volatile in recent months. In July, I noticed that the yield of the Singapore 6-month T-bill and Singapore Savings Bonds has declined. However, some banks have raised the interest rates on their fixed deposit accounts. As a result, there has been a lot of discussion in the Beansprout community about where we can park our cash to earn a higher yield. In this article, I will share the following:

• Latest interest rates on fixed deposits, T-bills, SSBs and money market funds
• Advantages and disadvantages of putting your cash into these options
• What I would consider in deciding between fixed deposits, T-bills, SSBs and money market funds
• My strategy for parking my cash to earn a higher yield

Best 3-month fixed deposit rate in Singapore of 3.5% p.a....