As the new year begins, there’s been a lively discussion in the  Beansprout community about the best places to park our cash. This comes as T-bill yields have risen over the past month, while fixed deposit rates have dipped in January 2025. Like many others, I’m on the lookout for a simple way to earn an interest rate of 3.0% p.a. or higher. In this article, I will share the following: Latest interest rates on fixed deposits, T-bills, SSBs and money market fundsAdvantages and disadvantages of putting your cash into these optionsWhat I would consider in deciding between fixed deposits, T-bills, SSBs and money market fundsMy strategy for parking my cash to earn a higher yield Best 3-month fixed deposit rate in Singapore of 3.00% p.a. Firstly, let's take a look at the best fixed deposit rates in Singapore in January. The best 3-month fixed deposit rate is 3.00% p.a. offered by Bank of China and ICBC...