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Next Best Place to Deposit 100K in 2025
By My Sweet Retirement  •  March 18, 2025
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Beside UOB Stash Account, where is the next best place to deposit 100K in 2025? If you have followed my previous post on UOB Stash Account, I am expecting to receive a total interest amount of S$3,004.91 with my 100K placed in UOB Stash Account from January to December 2025. Now that I maxed out my UOB Stash Account, which is the next best place to deposit another 100K? In recent months, Singapore bank fixed deposit interest rates have been falling. This is because Singapore Overnight Rate Average (SORA) fell to 2.08 per cent on 13th March 2025, the lowest since December 2022. What is SORA? SORA is the volume-weighted average rate of unsecured overnight interbank SGD transactions in Singapore. In Singapore, bank interest rates, particularly for loans and savings products such as fixed deposits, are being...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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