Earn up to 3.32%* interest on your account

Earn up to 3.32%* interest on your account

Saxo pays interest on most account plans. With no lock-in period or upper limit on your Account Value receiving interest, your rate tracks the market rate.

  • Get the market rate

    As rates are updated daily based on market conditions, you don’t have to wait for adjustments when market rates change.
  • Interest on different currencies

    Earn interest that follows the market rate regardless whether your account is in SGD, USD and/or other currencies. 
  • Earn higher interest

    With no cap, you’ll earn more interest the higher your Account Value, and the higher you upgrade your account plan.
  • No lock-in period

    Unlike with many bank deposit accounts, your funds earn interest with no lock-in whatsover.

Current rates

Swipe left or right for more
Account planBronzeSilverGoldPlatinumDiamond
Earn USD interest of up to*0%1.57%2.02%2.57%3.32%
Earn SGD interest of up to^0%0.38%0.88%1.38%2.13%

*The USD interest rates above are indicative, applying the relevant spreads and markdowns to the Secured Overnight Financing Rate (SOFR) benchmark rate of 4.30%, as at 27 December 2022.

^The SGD interest rates above are indicative, applying the relevant spreads and markdowns to the Singapore Overnight Rate Average (SORA) benchmark rate of 3.13%, as at 27 December 2022.

The effective rate is decided by the daily market rate for the specific currency. See here for more details or learn more about our plans.

How it works

At Saxo, you earn interest based on your net free equity. Generally speaking, your net free equity is the same as the cash in your account, but if you use sub-accounts or trade derivatives, your calculated net free equity can be different. That means the calculation of your earned interest can differ too.

Read more about net free equity here.
You can find an overview of the interest you have earned in the platform, including applied interest rates. Navigate to Historical Reports> Account Interest Details
If you have a negative cash balance, you will be charged negative interest based on the market rate, plus a mark-up. To read more about how the rate for a negative cash balance is calculated, click here.

The investment tools you need

The investment tools you need

With your new Saxo account, you take control over your investment no matter where and when. With our selection of award-winning platforms, you can easily invest in thousands of investment products from different devices. Get inspired in SaxoInvestor, execute your next great trade with SaxoTraderGO or build sophisticated strategies using several screens on SaxoTraderPRO—it all depends on how you want to invest.

Mac OS

Mac OS

30+ years

Experience in the industry



20+ bn

USD daily trade volume


Industry awards

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