Can anyone share their experience with Syfe Cash+ account?

Hi Anon,

I don't personally use Syfe Cash+, but regarding your question on the calculation of returns, I believe what it means by daily accruals is simply that you will earn returns everyday, instead of only every month or every year.

For example, if you have $10k in the portfolio, you will earn (10000*1.75%/365) of returns everyday. So you don't have to wait for a set amount of time before you start earning returns.

However, do take note that neither the returns from Syfe Cash+ nor your capital are guaranteed. While it is a relatively safe investment, do make sure that you are aware of the risks involved.

Hope this helps!

Regards,
thefrugalstudent