facebookCash Management Platform, which one is the best one for a University Student? - Seedly

Advertisement

Alcander Seow

Environmental Engineer Minor in Business at Nanyang Technological University

24 Dec 2024

Adulting

Cash Management Platform, which one is the best one for a University Student?

Hi, I was thinking of parking some of my bursaries funds into a fixed deposit at the start of the new year. (Local bank, mainly DBS) However, I didn't expect DBS FD interest rate to fall from 3.20% to 2.45%.

Now I'm thinking of trying out Cash Management Accounts. But which one should I go for? I'm looking into;

  1. Endowus Cash Smart Secure (Min $1k, 2.9%~3.2%p.a.)
  2. Syfe Cash+ Guaranteed (No Min, 3.1%p.a.)
  3. StashAway Simple Guaranteed (Min $1, 3.0%p.a.)
  4. UOB AM Cash+ Xtra (Min $1, 3.5%p.a.)

I'm looking to try out for 1 Year with a small amount of $1~2k.

Between the 4 platform, which would you recommended I can try out?

Discussion (6)

What are your thoughts?

Learn how to style your text

UOB AM Cash+ Xtra (Min $1, 3.5%p.a.) -- any idea whats the performance for this

Any of the options are good but I think your amount is small enough that the percentage doesn't make...

Write your thoughts

Advertisement