facebookCan I see StashAway Simple™ SGD product as a high yield savings account? Is it advisable to park a sum of money here instead of bank savings account? - Seedly

Advertisement

Anonymous

01 Mar 2020

Saving Hacks

Can I see StashAway Simple™ SGD product as a high yield savings account? Is it advisable to park a sum of money here instead of bank savings account?

Which would be a better option? Are the fees that I'll be paying stashaway worth it?

Discussion (2)

What are your thoughts?

Learn how to style your text

StashAway simple is money market fund with the yield ard 1.8%, means it's not capital guarantee. Its low risk investment tool but not high yield saving acc imo.
There are few options that providing close to this and capital guarantee for consideration, Maybank iSavvy currently 1.9%, UOB one 1.85% (with condition), SCB esaver ~1.7%, SSB ~1.5%, single endowment 2.x% (3 years lock in).

View 1 replies

Write your thoughts

Advertisement