Traditional savings accounts in Singapore typically offer base interest rates of around 0.05% p.a., and higher promotional rates usually require you to meet conditions such as salary crediting, minimum card spending, or maintaining a higher average daily balance.

By contrast, Cash+ Flexi USD applies its projected return to your entire invested amount with no additional requirements to fulfil, providing a simple and accessible alternative for managing short-term cash in USD.

The projected return is derived from the annualised amortised yield estimates of the underlying USD money market and enhanced liquidity funds as provided by their fund managers.

However, Cash+ Flexi USD is not a savings account. It is a cash management investment product invested in low-risk USD-denominated money market and short-duration bond funds, and therefore is not capital guaranteed. While the portfolio aims to deliver stable returns, all investments carry some level of risk, and past performance is not indicative of future results.