Back in late 2022, Singapore’s 1-year and 6-month T-bills were my go-to options for spare cash and
CPF OA funds, thanks to risk-free returns exceeding 3.3%. However, with the latest 6-month T-bill yield dropping to 2.73%, locking up funds for six months is no longer as attractive.
CPF OA: Stick or Switch?
For CPF Ordinary Account (OA) funds, the current T-bill rates don’t make sense when you factor in transaction fees, service charges, and the
loss of OA’s guaranteed 2.5%interest. Unless rates increase significantly, keeping CPF OA money in OA remains the smarter choice.
Alternatives for Spare Cash in 2025
With high liquidity as my top priority, here’s where I’m parking my spare cash:
- MariBank Savings Account (2.5% + SDIC Insured)
- Instant Access: No lock-in period, withdraw anytime.
- Daily Interest Crediting: Earn interest daily.
- Safety First: SDIC protection up to $100,000.
- Bonus: Use referral code 2HNL05JZ for free cash (details below).
- Mari Invest SavePlus (2.75% – Higher Than T-Bills!)
- Partial Liquidity: Withdraw $10k instantly; larger amounts take T+1 working day.
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