facebookHow do you manage your emergency fund? Typical cash management solutions seem to have 1-3 business day withdrawal period. Are there any liquid instant withdrawal options better than a savings account? - Seedly

Anonymous

04 Dec 2020

Saving Hacks

How do you manage your emergency fund? Typical cash management solutions seem to have 1-3 business day withdrawal period. Are there any liquid instant withdrawal options better than a savings account?

I have reviewed several cash management offerings which have withdrawal time ranging from 1-3 business days. I would like to explore other options to save my emergency funds (6x monthly salary), which is easy to liquidate yet doesn't suffer the low interest rates that a typical savings account offers.

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I personally use Singlife (2%) and Elastiq (1.8%)

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Hi there!

I normally park my cash in Phillip Money Market Fund. You can try googling Phillip SMART ...

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