Invest
Where to park your cash for higher yield? T-bills vs Fixed Deposit vs SSB (Apr 2025)
By Beansprout  •  April 19, 2025
We share the best ways to earn a yield on your cash through fixed deposits, Singapore T-bills, SSBs and money market funds. It's not hard to notice that interest rates have been falling in recent months. This month, we saw the yield on the 6-month Singapore T-bill decline to 2.50%, and the yield on the 1-year Singapore T-bill fall to 2.29%.  Many of you may also have seen the news that interest rates on the UOB One and OCBC 360 savings accounts will be cut from 1 May 2025.  The best fixed deposit rates in Singapore have fallen too. In the past few weeks, I noticed there has been much discussion in the Beansprout community about the best places to park our cash to earn a higher yield. In this article, I will compare a few alternatives to find out whether there still ways to earn an interest rate above the T-bill yield....
Read the full article
By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance