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Earn interest on uninvested cash on most account plans. With no lock-in period or cap, your rate tracks the market rate, as you prepare to invest.
You can use the calculator to estimate the interest you can earn on the cash in your account, depending on your account currency and account plan.
Annual interest to be earnt on
|Account Plan||Annual Interest||Interest Rate*|
* Rates as of x.xx.xxxx Rates are provided on a per annum basis. The interest calculator is provided for illustrative purposes only and the information obtained by using the calculator is not, and should not be taken as financial advice to any individual or corporation. Results may vary depending on the accuracy of the information you provide and prevailing interest rates and/or assumptions. Notwithstanding, Saxo’s interest rates are subject to the provisions of our General Business Terms.
All clients on the Silver, Gold, Platinum and Diamond account plans will earn interest on your account balance above SGD 5,000 (or equivalent) at a rate varying with your account balance. So the more you deposit, the higher rate you will earn.
You will earn the best rate on your account balance above SGD 100,000 (or equivalent), with no cap on how much you can deposit. With no lock-in, your funds will remain available to withdraw or invest, while earning interest.
You can refer to the calculator at the top of the page to estimate the effective interest rate on your balance depending on your account plan, balance(s) and currency(ies). The higher you upgrade your account plan, the better interest rate you will earn.
Please note that when you trade margin products, your interest is calculated based on your Net Free Equity (NFE) and Account Value which you can read more about here.
Saxo operates as a Capital Markets Services (CMS) Licence holder in Singapore (and not as a bank or finance company). Therefore uninvested cash in your Saxo account is not covered by the Deposit Insurance Scheme that is administered by the Singapore Deposit Insurance Corporation.
Saxo is regulated by the Monetary Authority of Singapore and all of your monies are segregated from Saxo’s own funds and held on trust with HSBC (one of the world’s leading banking institutions). Our parent company Saxo Bank A/S has also received an investment grade BBB rating from S&P Global Ratings, representing the Saxo Group’s dedication to maintaining a strong financial position, resilient business model and providing cutting-edge services to its clients.
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.
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