Syfe cash+ guaranteed rates is better than banks’ fixed deposit rates. Even thou it’s shorter tenure, but the rate is so much more attractive. Anyone can share why is this so?

Guaranteed rates are not guaranteed deposits

I heard that accredited investors such as Syfe can access to better interest rate for the same product available to retail investors.

They have bigger pool of money to negotiate for lower fees and higher interest rate

They simply can negotiate better since they have the scale