{"id":20051,"date":"2025-12-15T18:00:51","date_gmt":"2025-12-15T10:00:51","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=20051"},"modified":"2025-12-15T18:00:51","modified_gmt":"2025-12-15T10:00:51","slug":"where-to-park-your-cash-for-higher-yield-t-bills-vs-fixed-deposit-vs-ssb-december-2025","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=20051","title":{"rendered":"Where to park your cash for higher yield? T-bills vs Fixed Deposit vs SSB (December 2025)"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div><!----><\/p>\n<h2 id=\"what-happened?\">What happened?<\/h2>\n<p>I&#8217;ve been looking at new places to park my cash in recent months.\u00a0<\/p>\n<p>After all, some savings accounts like the UOB One and UOB Stash accounts have cut their rates in December.\u00a0<\/p>\n<p>On the other hand, we&#8217;ve seen a <a href=\"https:\/\/growbeansprout.com\/t-bill-auction-18-dec-2025\" target=\"_blank\" rel=\"noopener\">slight bounce in the Singapore T-bill yield in recent auctions<\/a>.\u00a0<\/p>\n<p>There are some <a href=\"https:\/\/growbeansprout.com\/insights\/savings\/singapore-best-fixed-deposit-rate\" target=\"_blank\" rel=\"noopener\">signs of stabilisation in the best fixed deposit rates in Singapore<\/a> too.<\/p>\n<p>These changes have led to questions in the\u00a0<a href=\"https:\/\/t.me\/BeansproutSG\">Beansprout community<\/a> on the best places to park our idle cash and \u00a0<a href=\"https:\/\/growbeansprout.com\/passive-income-singapore\" target=\"_blank\" rel=\"noopener\">earn passive income in Singapore<\/a>.\u00a0<\/p>\n<p>In this article, I\u2019ll break down some popular options such as fixed <span style=\"background-color:transparent;color:#121212;\">deposits, savings accounts, T-bills and Singapore Savings Bonds (SSBs), and money market funds to see where are the best places to grow our savings.<\/span><\/p>\n<p>We\u2019ll cover:<\/p>\n<ul>\n<li>The latest interest rates on fixed deposits, T-bills, SSBs, and money market funds<\/li>\n<li>Pros and cons of each option<\/li>\n<li>What I personally look at when deciding where to park my spare cash<\/li>\n<li>And the strategy I\u2019m using right now to make my money work harder<\/li>\n<\/ul>\n<h2 id=\"best-12-month-fixed-deposit-rate-in-singapore\"><strong>Best 12-month fixed deposit rate in Singapore<\/strong><\/h2>\n<p>Firstly, let&#8217;s take a look at the best fixed deposit rates in Singapore in December.\u00a0<\/p>\n<ul>\n<li>The best 3-month fixed deposit rate we found was 1.40% p.a. offered by ICBC and Bank of China (BOC)<\/li>\n<li>The best 6-month fixed deposit rate we found was 1.41% p.a. offered by Maybank and 1.40% p.a. offered by ICBC and MariBank.<\/li>\n<li>The best 9-month fixed deposit rate we found was 1.20% p.a. offered by Bank of China (BOC).<\/li>\n<li>The best 1 year fixed deposit rate we found was 1.20% p.a. offered by Bank of China (BOC).<\/li>\n<li>GXS Savings Account is offering 1.30% p.a. for 1, 8 or 12 months tenure with their Boost Pockets.\u00a0<\/li>\n<\/ul>\n<figure class=\"table\" style=\"width:95.01%;\">\n<table class=\"ck-table-resized\">\n<colgroup>\n<col style=\"width:21.8%;\"\/>\n<col style=\"width:39.3%;\"\/>\n<col style=\"width:38.9%;\"\/><\/colgroup>\n<thead>\n<tr>\n<th style=\"border-color:hsl(0, 0%, 90%);border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\"><strong>Tenure<\/strong><\/th>\n<th style=\"border-bottom-style:solid;border-color:hsl(0, 0%, 90%);border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\"><strong>Best fixed deposit interest rate (p.a.)<\/strong><\/th>\n<th style=\"border-bottom-style:solid;border-color:hsl(0, 0%, 90%);border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.2pt;\"><strong>Bank<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>3 months<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">1.40%\u00a0<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">ICBC and Bank of China (BOC)<\/td>\n<\/tr>\n<tr>\n<td>6 months<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">1.40-1.41%<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">Maybank, ICBC and MariBank\u00a0<\/td>\n<\/tr>\n<tr>\n<td>9 months<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">1.20%<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">Bank of China (BOC)<\/td>\n<\/tr>\n<tr>\n<td>12 months<\/td>\n<td style=\"border-color:#bfbfbf;border-width:0.6666667500000001pt;padding:5pt;vertical-align:top;\">1.20%<\/td>\n<td style=\"border-bottom-color:#bfbfbf;border-left-color:#e6e6e6;border-right-color:#e6e6e6;border-top-color:#bfbfbf;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">Bank of China (BOC)<\/td>\n<\/tr>\n<tr>\n<td>1, 8 or 12 months<\/td>\n<td>1.30%<\/td>\n<td>GXS Savings Account (via Boost Pockets)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\">Source: Various bank websites as of 12 December 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>To get the latest list of best fixed deposit rates this month, check out our guide to the <a href=\"https:\/\/growbeansprout.com\/insights\/savings\/singapore-best-fixed-deposit-rate\" target=\"_blank\" rel=\"noopener\">best fixed deposit rates in Singapore.<\/a><\/p>\n<p>\u00a0<\/p>\n<h2 id=\"latest-6-month-singapore-t-bill-offers-yield-of-1.41%\"><strong>Latest 6-month Singapore T-bill offers yield of 1.41%<\/strong><\/h2>\n<p><span style=\"background-color:transparent;color:#121212;\">The yield on the Singapore T-bill has bounced in recent auctions.<\/span><\/p>\n<p>The cut-off yield on the\u00a0<a href=\"https:\/\/growbeansprout.com\/t-bill-allotment-4-dec-2025\" target=\"_blank\" rel=\"noopener\">6-month T-bill in Singapore rose slightly to 1.41% in the recent auction on 4 December 2025<\/a>, <a href=\"https:\/\/growbeansprout.com\/t-bill-allotment-20-nov-2025\" target=\"_blank\" rel=\"noopener\">from 1.39% in T-bill auction on 20 November 2025.<\/a><\/p>\n<p>With the slight increase in the T-bill yield, it is now on par with the 3-month and 6-month fixed deposit rate.<\/p>\n<figure class=\"table\" style=\"width:96.12%;\"\/>\n<div class=\"raw-html-embed\"><iframe src=\"https:\/\/flo.uri.sh\/visualisation\/13519445\/embed\" title=\"Interactive or visual content\" class=\"flourish-embed-iframe\" scrolling=\"no\" style=\"width:100%;height:600px;\" sandbox=\"allow-same-origin allow-forms allow-scripts allow-downloads allow-popups allow-popups-to-escape-sandbox allow-top-navigation-by-user-activation\" frameborder=\"0\"><\/iframe><\/p>\n<div style=\"width:100%!;margin-top:4px!important;text-align:right!important;\"><a class=\"flourish-credit\" href=\"https:\/\/public.flourish.studio\/visualisation\/13519445\/?utm_source=embed&amp;utm_campaign=visualisation\/13519445\" target=\"_top\" style=\"text-decoration:none!important\" rel=\"noopener\"><img decoding=\"async\" alt=\"Made with Flourish\" src=\"https:\/\/public.flourish.studio\/resources\/made_with_flourish.svg\" style=\"width:105px!important;height:16px!important;border:none!important;margin:0!important;\"\/> <\/a><\/div>\n<\/div>\n<h2 id=\"best-no-frills-savings-account-in-singapore-offers-an-interest-rate-of-up-to-1.50%-p.a.\">Best no-frills savings account in Singapore offers an interest rate of up to 1.50% p.a.<\/h2>\n<p><span style=\"background-color:transparent;color:#000000;\">If you are looking for another no-frills savings account to park your savings,<\/span> the <a href=\"https:\/\/growbeansprout.com\/uob-stash-account-review\" target=\"_blank\" rel=\"noopener\">UOB Stash Account<\/a> offers an effective interest rate of up to 1.50% p.a. on $100,000 deposits currently.<\/p>\n<p>Despite the cut in interest rates, it is still competitive against other savings accounts in Singapore.<\/p>\n<p>You can also make use of the\u00a0<a href=\"https:\/\/growbeansprout.com\/uob-season-of-gold-savings-promo-2025\" target=\"_blank\" rel=\"noopener\">UOB Season of Gold Savings Promotion to earn up to $340 guaranteed cash<\/a> when you deposit fresh funds into your UOB Stash account.\u00a0<\/p>\n<p>For those who are looking to deposit smaller amounts of cash, the GXS Savings Account offers an interest rate of up to 1.38% p.a. and 1.18% p.a. on the Boost Pocket and Savings Pocket without having to jump through any hoops. <a href=\"https:\/\/growbeansprout.com\/gxs-bank-savings-account-review\" target=\"_blank\" rel=\"noopener\">Learn more about the GXS Savings Account here.\u00a0<\/a><\/p>\n<p><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">If you are looking for a promo for new customers, <\/span><a href=\"https:\/\/growbeansprout.com\/dbs-new-to-multiplier-promo\" target=\"_blank\" rel=\"noopener\">the DBS Multiplier promo allows new Multiplier customers to earn up to 2.5% p.a. on the first S$100,000<\/a><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">. In addition, <\/span><span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\">you can get u<\/span>p to S$680 cash rewards by crediting your salary and signing up for a DBS yuu Card. <a href=\"https:\/\/growbeansprout.com\/dbs-new-to-multiplier-promo\" target=\"_blank\" rel=\"noopener\">Learn more about the DBS Multiplier promo here.\u00a0<\/a><\/p>\n<p>You can also consider the\u00a0OCBC 360 Account as\u00a0it allows you to earn up to 2.45% p.a. effective interest on the first S$100,000 when you credit your salary, save, and spend.\u00a0<\/p>\n<p>New customers can also earn an extra 0.50% p.a. bonus interest from 1 November to 31 December 2025 when they credit their salary.\u00a0<a href=\"https:\/\/growbeansprout.com\/ocbc-360-account-review\" target=\"_blank\" rel=\"noopener\">Find out more about OCBC 360 account here.<\/a>\u00a0<\/p>\n<p>Find out more about the <a href=\"https:\/\/growbeansprout.com\/insights\/savings\/best-savings-accounts-singapore\" target=\"_blank\" rel=\"noopener\">best savings account in Singapore here.<\/a>\u00a0<\/p>\n<h2 id=\"latest-singapore-savings-bonds-(ssb)-offer-a-10-year-average-return-of-1.99%\"><strong>Latest Singapore Savings Bonds (SSB)<\/strong> offer a 10-year average return of 1.99%<\/h2>\n<p>The December\u00a0<a href=\"https:\/\/www.mas.gov.sg\/bonds-and-bills\/auctions-and-issuance-calendar\/issuance-singapore-savings-bond?issue_code=GX26010A&amp;issue_date=2026-01-02\" target=\"_blank\" rel=\"noopener\">issuance of the SSB (SBJAN26 GX26010A)<\/a> offers a 1-year interest rate of 1.33%, and a 10-year average return of 1.99%.\u00a0<\/p>\n<p>This is slightly higher than the\u00a0<a href=\"https:\/\/www.mas.gov.sg\/bonds-and-bills\/auctions-and-issuance-calendar\/issuance-singapore-savings-bond?issue_code=GX25120E&amp;issue_date=2025-12-01\" target=\"_blank\" rel=\"noopener\">10-year average return of the previous SSB, which was 1.85%<\/a>.\u00a0<\/p>\n<div class=\"raw-html-embed\"><iframe src=\"https:\/\/flo.uri.sh\/visualisation\/13615109\/embed\" title=\"Interactive or visual content\" class=\"flourish-embed-iframe\" scrolling=\"no\" style=\"width:100%;height:600px;\" sandbox=\"allow-same-origin allow-forms allow-scripts allow-downloads allow-popups allow-popups-to-escape-sandbox allow-top-navigation-by-user-activation\"><\/p>\n<div frameborder=\"0\"><a class=\"flourish-credit\" href=\"https:\/\/public.flourish.studio\/visualisation\/13615109\/?utm_source=embed&amp;utm_campaign=visualisation\/13615109\" target=\"_top\" style=\"text-decoration:none!important\" rel=\"noopener\"><img decoding=\"async\" alt=\"Made with Flourish\" src=\"https:\/\/public.flourish.studio\/resources\/made_with_flourish.svg\" style=\"width:105px!important;height:16px!important;border:none!important;margin:0!important;\"\/> <\/a><\/div>\n<p><\/iframe><\/div>\n<p>I would consider the SSB mainly for the opportunity to lock in the yields for a period of up to 10 years.<\/p>\n<p>As of 12 December 2025, the\u00a0<a href=\"https:\/\/growbeansprout.com\/tools\/ssb-interest-rate-projection\" target=\"_blank\" rel=\"noopener\">10-year average return of the next SSB is projected to increase to 2.18%.\u00a0<\/a><\/p>\n<p>To get the most updated projections, you can check out our\u00a0<a href=\"https:\/\/growbeansprout.com\/tools\/ssb-interest-rate-projection\" target=\"_blank\" rel=\"noopener\">latest interest rate projections for the next SSB here.\u00a0<\/a>\u00a0<\/p>\n<h2 id=\"what-are-the-other-options-to-earn-a-higher-yield?-\"><strong>What are the other options to earn a higher yield?\u00a0<\/strong><\/h2>\n<p>Fixed deposits are seen as relatively safe options to park our cash as our savings will be insured to up to S$100,000 under the <a href=\"https:\/\/growbeansprout.com\/sdic-singapore-deposit-insurance-guide\" target=\"_blank\" rel=\"noopener\">Singapore Deposit Insurance<\/a>.\u00a0<\/p>\n<p>At the same time T-bills and Singapore Savings Bonds are relatively low risk investment options as they are issued by the Singapore government.\u00a0<\/p>\n<p>I have also seen questions in the\u00a0<a href=\"https:\/\/t.me\/BeansproutSG\">Beansprout community<\/a> about some products that are not capital guaranteed. Here, it is important to note that they are not capital guaranteed, even if they were to offer guaranteed rates.\u00a0<\/p>\n<h3><strong>#1 &#8211; Cash Management Accounts that offer more liquidity\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/growbeansprout.com\/cash-management-accounts-singapore-guide\" target=\"_blank\" rel=\"noopener\">Cash management accounts <\/a>aim to provide higher potential returns compared to savings accounts, and greater flexibility compared to fixed deposits.<\/p>\n<p>Some examples of cash management accounts include <a href=\"https:\/\/growbeansprout.com\/moomoo-cash-plus-review\" target=\"_blank\" rel=\"noopener\">Moomoo Cash Plus<\/a>, <a href=\"https:\/\/growbeansprout.com\/longbridge-cash-boost-promotion\" target=\"_blank\" rel=\"noopener\">Longbridge Cash Plus<\/a>, <a href=\"https:\/\/growbeansprout.com\/tiger-vault-review\" target=\"_blank\" rel=\"noopener\">Tiger Vault<\/a>, <a href=\"https:\/\/growbeansprout.com\/webull-moneybull-review\" target=\"_blank\" rel=\"noopener\">Webull Moneybull,<\/a> <a href=\"https:\/\/growbeansprout.com\/syfe-cash-plus-flexi-review\" target=\"_blank\" rel=\"noopener\">Syfe Cash+ Flexi<\/a>, <a href=\"https:\/\/growbeansprout.com\/endowus-review#what-users-may-dislike-about-endowus\" target=\"_blank\" rel=\"noopener\">Endowus Cash Smart<\/a>, <a href=\"https:\/\/growbeansprout.com\/maribank-savings-account-review\" target=\"_blank\" rel=\"noopener\">Mari Invest<\/a> and Phillip Smart Park\u00a0<\/p>\n<p>By putting your money in a cash management account, you will be investing in <a href=\"https:\/\/growbeansprout.com\/cash-management-accounts-singapore-guide\" target=\"_blank\" rel=\"noopener\">money market funds<\/a> or <a href=\"https:\/\/growbeansprout.com\/bond-funds-guide-singapore\" target=\"_blank\" rel=\"noopener\">bond funds.<\/a><\/p>\n<p>The indicative <strong>7-day annualised yield of the Fullerton SGD Cash Fund was around 0.82% p.a. as of 12 December 2025.\u00a0<\/strong><\/p>\n<p style=\"margin-left:0px;\">Learn more about the <a href=\"https:\/\/growbeansprout.com\/fullerton-sgd-cash-fund-park-cash\" target=\"_blank\" rel=\"noopener\">Fullerton SGD Cash Fund<\/a> here.\u00a0<\/p>\n<p><iframe src=\"https:\/\/growbeansprout.com\/embed\/cash-mgmt-yield\" title=\"Cash Mgmt Yield\" class=\"element-visibility w-full\" id=\"cash-mgmt-yield\" scrolling=\"no\" style=\"height: 1000px;\" data-type=\"embedded-widget\" data-content=\"cash-mgmt-yield\" frameborder=\"0\"><br \/>\n<\/iframe><\/p>\n<p>These professionally managed funds will put your cash in instruments such as bank deposits or short-term debt to earn higher interest rates.<\/p>\n<p>However, it is worth pointing out that these funds are <strong>not capital guaranteed, <\/strong>and<strong>\u00a0<\/strong>funds in cash management accounts are not insured under\u00a0Singapore Deposit Insurance Corporation Limited (SDIC).<\/p>\n<p>Longbridge is running a promotion offering<strong> 5% p.a. interest boost <\/strong><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">on S$5,000 with Longbridge Cash Plus for 365 days <\/span><strong>(worth up to S$250).<\/strong> In addition, <strong>get a free S$50 Fairprice voucher<\/strong> when you sign up for a Longbridge account via Beansprout. <span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\">Plus, take part in our festive lucky draw with S$1,200 CapitaVouchers to be won! \u00a0<\/span>Promo ends on 31 December 2025.\u00a0<a href=\"https:\/\/growbeansprout.com\/longbridge-promotion\" target=\"_blank\" rel=\"noopener\">Learn more about the Longbridge promo here.\u00a0<\/a><\/p>\n<h3><strong>#2 \u2013 Cash Management Accounts with guaranteed rates<\/strong><\/h3>\n<p>Some robo-advisors have also introduced cash management solutions that offer guaranteed rates. They generate the returns by investing your funds into fixed deposits products provided by banks in Singapore.<\/p>\n<p>For example,<strong>\u00a0<\/strong>Syfe Cash+ Guaranteed is the cash management solution offered by Syfe which offers investors guaranteed rates for their idle cash.\u00a0<\/p>\n<p>Syfe Cash+ Guaranteed offers a guaranteed rate of 1.30% per annum for a term of 3 months as of 15 December 2025.\u00a0<\/p>\n<p><a href=\"https:\/\/growbeansprout.com\/syfe-cash-plus-guaranteed-vs-tbills-fixed-deposits\" target=\"_blank\" rel=\"noopener\">Learn more about Syfe Cash+ Guaranteed here.\u00a0<\/a><\/p>\n<h3>\u00a0<strong>#3 \u2013 Endowment plans<\/strong><\/h3>\n<p style=\"margin-left:0px;\">Endowment plans are insurance-based savings policies to help you accumulate savings over a fixed period.\u00a0<\/p>\n<p style=\"margin-left:0px;\"><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">Depending on the plan, some endowment products currently offer guaranteed yields of around 1.64% p.a., which may be higher than what you\u2019d get from T-bills today, and comparable to fixed deposits.<\/span><\/p>\n<p>For example, DBS Savvy Endowment 22 offers a guaranteed return of 1.52% per annum<strong> <\/strong>for a 3-year policy term and 1.64% per annum for a 4-year policy term.\u00a0<\/p>\n<p><a href=\"https:\/\/growbeansprout.com\/endowment-plans-singapore-guide\" target=\"_blank\" rel=\"noopener\">Learn more about short-term endowment plans here<\/a><\/p>\n<h3><strong>#4 \u2013 US dollar denominated options to park your cash\u00a0<\/strong><\/h3>\n<p>If you have idle cash denominated in US dollars, you can also consider the following options to earn a higher yield compared to the T-bill.<\/p>\n<p>However,\u00a0if you are converting from SGD to USD, \u00a0you should be aware of the foreign currency exchange risks. This is because the US dollar could weaken against the Singapore dollar.\u00a0<\/p>\n<p>USD Fixed Deposits<\/p>\n<ul>\n<li>The best 3-month US Dollar fixed deposit rate is 3.85 p.a. offered by ICBC and Bank of China<\/li>\n<li>The best 6-month US Dollar fixed deposit rate is 3.90% p.a. offered by RHB<\/li>\n<li>The best 12-month US Dollar fixed deposit rate is 3.80% p.a. offered by RHB.<\/li>\n<\/ul>\n<figure class=\"table\" style=\"width:99.17%;\">\n<table class=\"ck-table-resized\">\n<colgroup>\n<col style=\"width:26.91%;\"\/>\n<col style=\"width:45.96%;\"\/>\n<col style=\"width:27.13%;\"\/><\/colgroup>\n<thead>\n<tr>\n<th style=\"border-color:windowtext;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\"><strong>Tenure<\/strong><\/th>\n<th style=\"border-bottom-style:solid;border-color:windowtext;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\"><strong>Best fixed deposit interest rate (p.a.)<\/strong><\/th>\n<th style=\"border-bottom-style:solid;border-color:windowtext;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.2pt;\"><strong>Bank<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\">3 months<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">3.85%<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">ICBC and Bank of China<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\">6 months<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">3.90%<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">RHB<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.15pt;\">12 months<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">3.80%<\/td>\n<td style=\"border-color:#000000;border-width:0.6666667500000001pt;padding:0pt 5pt;vertical-align:top;\">RHB<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\">Source: Various bank websites as of 12 December 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>You can check out the\u00a0<a href=\"https:\/\/growbeansprout.com\/insights\/savings\/singapore-best-foreign-currency-fixed-deposit-rate\" target=\"_blank\" rel=\"noopener\">best USD fixed deposit interest rates in Singapore here<\/a>.\u00a0<\/p>\n<p><strong>US Treasuries\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/growbeansprout.com\/us-treasuries-vs-t-bills-singapore\" target=\"_blank\" rel=\"noopener\">US Treasuries<\/a> are debt securities issued by the US Department of the Treasury, just like the Singapore T-bills are backed by the Singapore government.\u00a0<\/p>\n<p><span style=\"background-color:transparent;color:#000000;\">The <strong>US 1-<\/strong><\/span><strong>year Treasury yield stands 3.57% as of 12 December 2025<\/strong>,\u00a0having fallen in recent months due to rising recession concerns.<\/p>\n<p>You can purchase US Treasuries using either\u00a0<a href=\"https:\/\/growbeansprout.com\/reviews\/investing\/moomoo-singapore-review\" target=\"_blank\" rel=\"noopener\">Moomoo Singapore<\/a> or\u00a0<a href=\"https:\/\/growbeansprout.com\/tiger-brokers-review\" target=\"_blank\" rel=\"noopener\">Tiger Brokers<\/a>.\u00a0<\/p>\n<p><strong>USD Money Market Funds<\/strong><\/p>\n<p>Some of the cash management accounts also allow us to invest in money market funds denominated in US dollars.\u00a0<\/p>\n<p>For example, <a href=\"https:\/\/growbeansprout.com\/moomoo-cash-plus-review\" target=\"_blank\" rel=\"noopener\">Moomoo Cash Plus<\/a>, <a href=\"https:\/\/growbeansprout.com\/longbridge-cash-boost-promotion\" target=\"_blank\" rel=\"noopener\">Longbridge Cash Plus,<\/a> <a href=\"https:\/\/growbeansprout.com\/tiger-vault-review\" target=\"_blank\" rel=\"noopener\">Tiger Vault<\/a>, <a href=\"https:\/\/growbeansprout.com\/webull-moneybull-review\" target=\"_blank\" rel=\"noopener\">Webull Moneybull<\/a><span style=\"background-color:#ffffff;color:#000000;\"> allow for investments in USD money market funds.<\/span><\/p>\n<p>Longbridge is running a promotion offering<strong> 5% p.a. interest boost <\/strong><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">on S$5,000 with Longbridge Cash Plus for 365 days <\/span><strong>(worth up to S$250)<\/strong><span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\">.<\/span> In addition, <strong>get a free S$50 Fairprice voucher<\/strong> when you sign up for a Longbridge account via Beansprout. <span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\">Plus, take part in our festive lucky draw with S$1,200 CapitaVouchers to be won! <\/span>Promo ends on 31 December 2025.\u00a0<a href=\"https:\/\/growbeansprout.com\/longbridge-cash-boost-promotion\" target=\"_blank\" rel=\"noopener\">Learn more about the Longbridge promo here.\u00a0<\/a><\/p>\n<p>Learn more about investing in <a href=\"https:\/\/growbeansprout.com\/cash-management-accounts-singapore-guide\" target=\"_blank\" rel=\"noopener\">money market funds here<\/a>.<\/p>\n<h2 id=\"what-to-consider-when-choosing-between-t-bills-vs-fixed-deposits-vs-ssb-vs-money-market-funds?-\"><strong>What to consider when choosing between T-bills vs fixed deposits vs SSB vs money market funds?\u00a0<\/strong><\/h2>\n<p>There are 4 questions I would think about when considering these options.<\/p>\n<ul>\n<li><strong>Am I comfortable with a product that is not insured by SDIC or backed by the Singapore government?<\/strong><\/li>\n<\/ul>\n<p>If I prefer an SDIC insured product, then I would stick to savings accounts and fixed deposits.\u00a0<\/p>\n<ul>\n<li><strong>Will I need the money on short notice?\u00a0<\/strong><\/li>\n<\/ul>\n<p>If liquidity is of importance, as I may need the cash for other uses in short notice, then I may prefer savings accounts where I can have instant withdrawals.\u00a0<\/p>\n<ul>\n<li><strong>Do I want to lock in the yields for a longer time period?<\/strong><\/li>\n<\/ul>\n<p>If I am looking to lock in the current high interest rates for a period of up to 10 years and not have to worry about reinvestment risks, then the Singapore Savings Bonds allow me to do so while having the flexibility to redeem anytime.<\/p>\n<ul>\n<li><strong>Do I have any use for the cash in US dollars?<\/strong><\/li>\n<\/ul>\n<p>If I am looking to invest in US stocks or ETFs or have other uses of US dollars, then I may consider the US dollar denominated fixed deposits, money market funds or Treasuries.\u00a0<\/p>\n<p>Otherwise, I may face foreign currency risks when converting the money back into Singapore dollar in future.\u00a0<\/p>\n<h2 id=\"what-would-beansprout-do?-\"><strong>What woul<\/strong>d Beansprout do?\u00a0<\/h2>\n<p>Despite the fall in interest rates, there are still a few ways to earn an interest rate on par with or above\u00a01.4% p.a.<\/p>\n<p>The\u00a0<a href=\"https:\/\/growbeansprout.com\/insights\/savings\/singapore-best-fixed-deposit-rate\" target=\"_blank\" rel=\"noopener\">best 3-month and 6-month fixed deposit rate is at\u00a01.40% p.a. with just a minimum of deposit amount of S$500.<\/a><\/p>\n<p>For savings accounts, the DBS Multiplier promo allows new Multiplier customers to earn up to 2.5% p.a. on the first S$100,000. In addition, you can get up to S$680 cash rewards by crediting your salary and signing up for a DBS yuu Card. <a href=\"https:\/\/growbeansprout.com\/dbs-new-to-multiplier-promo\" target=\"_blank\" rel=\"noopener\">Learn more about the DBS Multiplier promo here.\u00a0<\/a><\/p>\n<p>OCBC 360 Account\u00a0allows you to earn up to 2.45% p.a. effective interest on the first S$100,000 when you credit your salary, save, and spend. New customers can also earn an extra 0.50% p.a. bonus interest from 1 November to 31 December 2025 when you credit their salary.\u00a0<a href=\"https:\/\/growbeansprout.com\/ocbc-360-account-review\" target=\"_blank\" rel=\"noopener\">Find out more about OCBC 360 account here.<\/a>\u00a0<\/p>\n<p>If you prefer a no-frills savings account, the\u00a0<a href=\"https:\/\/growbeansprout.com\/uob-stash-account-review\" target=\"_blank\" rel=\"noopener\">UOB Stash Account<\/a>\u2019s current interest rate of up to 1.50% per annum is still worth considering. \u00a0You can also tap on the\u00a0<a href=\"https:\/\/growbeansprout.com\/uob-season-of-gold-savings-promo-2025\" target=\"_blank\" rel=\"noopener\">UOB Season of Gold Savings Promotion to earn additional cash rewards of up to S$340.<\/a>\u00a0\u00a0<\/p>\n<p>With falling interest rates, I would also try to lock in interest rates for a longer period of time with the\u00a0<a href=\"https:\/\/growbeansprout.com\/tools\/ssb-interest-rate-projection\" target=\"_blank\" rel=\"noopener\">current issuance of the Singapore Savings Bonds (SSB), which offers a 10-year average interest rate of 1.99%<\/a>, with the flexibility to redeem priority to maturity.\u00a0<\/p>\n<p>If I&#8217;m looking to lock in a guaranteed rate over a 4-year period, I can consider\u00a0DBS SavvyEndowment 22, which currently offers a guaranteed return 1.64% per annum for a 4-year policy term respectively.\u00a0<a href=\"https:\/\/growbeansprout.com\/endowment-plans-singapore-guide\" target=\"_blank\" rel=\"noopener\">Learn more about endowment plans here.\u00a0<\/a><\/p>\n<p><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">For more liquidity compared to the T-bill, \u00a0I would also consider <\/span><a href=\"https:\/\/growbeansprout.com\/cash-management-accounts-singapore-guide\" target=\"_blank\" rel=\"noopener\">money market funds<\/a><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\"> to park some of my money.\u00a0<\/span><\/p>\n<p>If you are looking to invest in a money market fund, you can e<span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">arn an exclusive $50 Fairprice voucher within 5 days<\/span><span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\"> and 5<\/span><strong>% p.a. interest boost <\/strong><span style=\"background-color:rgb(255,255,255);color:rgb(18,18,18);\">on S$5,000 with Longbridge Cash Plus for 365 days <\/span><strong>(worth up to S$250). <\/strong><span style=\"background-color:rgb(255,255,255);color:rgb(0,0,0);\">Plus, take part in our festive lucky draw with S$1,200 CapitaVouchers to be won! <\/span><a href=\"https:\/\/growbeansprout.com\/longbridge-promotion\" target=\"_blank\" rel=\"noopener\">Learn more about the Longbridge promo here.\u00a0<\/a><\/p>\n<p style=\"margin-left:0px;\">Whatever option you choose, be sure to understand the product and risks involved before deciding where to park your savings. You can learn more about the various options to <a href=\"https:\/\/growbeansprout.com\/passive-income-singapore\" target=\"_blank\" rel=\"noopener\">generate passive income in Singapore here<\/a>.<\/p>\n<p>Follow us on <a href=\"https:\/\/t.me\/BeansproutSG\">Telegram<\/a>, <a href=\"https:\/\/www.youtube.com\/@beansproutsg\" target=\"_blank\" rel=\"noopener\">Youtube<\/a>, <a href=\"https:\/\/www.facebook.com\/growbeansprout\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/www.instagram.com\/growbeansprout\/\" target=\"_blank\" rel=\"noopener\">Instagram<\/a> to get the latest financial insights.<\/p>\n<p><!----><\/div>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/growbeansprout.com\/tbills-vs-fixed-deposit-vs-ssb-yield-dec-2025\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What happened? I&#8217;ve been looking at new places to park my cash in recent months.\u00a0 After all, some savings accounts like the UOB One and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-20051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/20051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20051"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/20051\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}