Give your SGD a boost of 1.05% (variable)

When you turn on Interest, your money is invested in a fund that holds government-guaranteed assets and short-term debt for large companies. We'll update the value of your money every working day, so there's no more waiting a month to get what's yours.

All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

You can visit the Lion Global Investors (SGD fund), Fidelity International (EUR fund), Fidelity International (GBP fund), and Fidelity International (USD fund) pages to learn more about the securities held by the interest-earning funds. Here, you can find the funds' risk, performance and portfolio characteristics fact sheets, prospectus, product highlight sheets and annual reports.

Learn more about how Interest works

When you use Interest, you can send and spend your money whenever you want — including your gains.

You can transfer up to 170,000 SGD each day from currencies held as Interest. Any amount over 170,000 SGD adds a processing time of up to 2 working days.

In certain circumstances we might need to temporarily limit the amount of money you can withdraw, send or spend each day. But you'd still always be able to get full access to your money within 2 working days.

Learn more about managing your money

The funds that Interest uses are designed to be stable by managing liquidity and risk. Risk to the value of the funds would be if interest rates drop significantly or if the government or companies default on their debt.

The funds invest in assets which are issued by governments and large companies with high credit ratings.

We do not provide investment advice — if you're not sure, seek qualified advice.

Learn more about safety

For SGD: The annual fee is 0.68% and includes what you pay Wise (0.43% including 9% GST) and what you pay the fund manager (0.25%). This means you'll pay an annual fee of 6.80 SGD if you hold 1,000 SGD in Interest.

For GBP: The annual fee is 0.44% and includes what you pay Wise (0.34%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 4.40 GBP if you hold 1,000 GBP in Interest.

For EUR: The annual fee is 0.44% and includes what you pay Wise (0.34%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 4.40 EUR if you hold 1,000 EUR in Interest.

For USD: The annual fee is 0.44% and includes what you pay Wise (0.34%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 4.40 USD if you hold 1,000 USD in Interest.

Fees are based on the daily amount you hold in Interest. The Wise fee is charged monthly and will be taken out of your account on the 1st of every month. The fund manager includes their fee in the value of your investment, so you won't see it charged as a separate fee.

Learn more about fees

You may have to pay tax if you use Interest — for example, capital gains tax. This depends on the country you pay tax in and your financial circumstances.

We unfortunately can't give you tax advice, but you can learn more about requirements in different countries here. You can also request a report with information that can help you complete your tax return.

Learn more about taxes