What went down?
So, interest rates kept on sliding in August. The 6-month Singapore T-bill yield dropped to 1.77%. Even the top fixed deposit rates in Singapore took a hit. Plus, OCBC 360 savings account interest rates were trimmed down in August 2025. Come 1 September 2025, the UOB One account and Mari Savings Account are expected to do the same. After we tossed around a few ideas on generating passive income in Singapore, the Beansprout community buzzed with chatter about the best places to stash cash now that rates are shrinking. In this piece, I’ll dig into some of the popular choices like T-bills, fixed deposits, Singapore Savings Bonds (SSBs), and money market funds to see where they stand. We’ll dive into: Current interest rates on fixed deposits, T-bills, SSBs, and money market funds, the ups and downs of each option, what I personally consider when choosing where to park my extra cash, and the strategy I’m rolling with…
