Thoughts on the latest SSB rates released for Nov 2020? This month’s bond rate is at 0.87%. Is this considered good or bad or no difference?

It isn't good to me because there are other low-risk products offering higher interest rates. Also, SSB charges a $2 transaction fee.

Unless I have an enormous cash reserve (6-digits) that needs to have its capital preserved right off the bat but I also want the flexibility of withdrawing, I will be looking at other products first.

You can check the interest rates of the SSBs issued in 2020.

In general, you will see the interest rate has fallen quite drastically. And the rate mentioned is the average over 10 years. The first two years are very low at 0.24%. Of course you can sell and buy other SSBs when they are available.

Unless you have fully utilized all the available high savings rate accounts/plans mentioned in Seedly, I would suggest that you look at other alternatives first.

https://eservices.mas.gov.sg/statistics/fdanet/...