Access real, optimised rates now with no minimum requirement
Access real, optimised rates now with no minimum requirement
Access real, optimised rates now with no minimum requirement
Access real, optimised rates now with no minimum requirement
Syfe maintains partnerships with various banks regulated by MAS (Monetary Authority of Singapore) that offer fixed deposits. We regularly assess the rates from these providers, along with market rates, to ensure that Cash+ Guaranteed rate remains competitive.
Returns are guaranteed as we invest your funds in a fixed deposit with a partner bank (subject to underlying bank risk). When the term ends, you will receive returns from the underlying fixed deposits at the guaranteed rate that you had secured at the beginning of the lock-in period.
After locking in your guaranteed rate, it will not change during the entire 3 months lock-in period.
From the rate we obtain from our partner bank, we take a slight margin before extending to you a rate that is still very attractive in the market. Once you lock-in this rate, your Cash+ Guaranteed portfolio is assured to provide returns at the same rate. Our commitment is to deliver exceptional products, coupled with an unparalleled user experience, and this margin facilitates our ability to fulfill that commitment.
After locking in the Guaranteed portfolio, you will not have the option to make top-ups or withdrawals for a period of 3 months or until the term ends.
You may consider creating an additional Cash+ Guaranteed portfolio, allowing you to have multiple portfolios maturing on different dates and earning guaranteed returns simultaneously.
Why the name Syfe?
In Japanese, the word Saifu means wallet and to be closely associated with our most important attribute - which is the word safe