Syfe Cash+ Guaranteed 2026: SGD & USD Rates, Capital Protection & How It Works
Is Syfe Cash+ Guaranteed still worth it now that SGD rates sit below T-bills?Syfe Cash+ Guaranteed is a capital-guaranteed cash management product on the Syfe app. Unlike the variable-rate Cash+ Flexi portfolio, Cash+ Guaranteed locks in a fixed rate for a fixed term by placing your funds in fixed deposits with MAS-regulated partner banks. As at 2 July 2026, the SGD variant guarantees 1.05% p.a. (1-month) up to 1.20% p.a. (6- and 12-month) — currently below the 6-month T-bill (1.55% at the 16 July 2026 auction). A separate USD variant guarantees a much higher 3.55%–3.95% p.a., but carries foreign-exchange risk for SGD-based investors. There is no minimum investment and no management fee, but it is not covered by SDIC.
Not financial advice. All figures are for educational reference only and change regularly — always check the live rate in the Syfe app before investing. Data as at 2 July 2026.
- Syfe Cash+ Guaranteed (SGD) currently pays 1.05%–1.20% p.a. — capital and returns guaranteed, but below the current 6-month T-bill yield (1.55%).
- The lesser-known Cash+ Guaranteed (USD) variant pays 3.55%–3.95% p.a., but the guarantee applies only to the USD value — SGD investors take on FX risk.
- Use referral code SRPRFFFCD when signing up to Syfe — full details at our Syfe referral code page.
Table of Contents
Contents — Click to expand
- What Is Syfe Cash+ Guaranteed?
- Syfe Cash+ Guaranteed Interest Rates 2026 (SGD & USD)
- How Syfe Cash+ Guaranteed Works
- Syfe Cash+ Guaranteed vs T-Bills vs Fixed Deposit vs SSB
- Is Syfe Cash+ Guaranteed Safe? MAS Regulation & Capital Protection
- How to Sign Up (With Referral Code SRPRFFFCD)
- Pros & Cons
- Who Should Use Syfe Cash+ Guaranteed?
- Frequently Asked Questions
What Is Syfe Cash+ Guaranteed?
Syfe Cash+ Guaranteed is Syfe’s fixed-return cash management product. Unlike the better-known Cash+ Flexi portfolio (which invests in money market funds with a daily-fluctuating return), Cash+ Guaranteed places your funds in fixed deposits with multiple MAS-regulated partner banks and locks in a guaranteed rate for a term you choose upfront.
| Feature | Cash+ Flexi | Cash+ Guaranteed |
|---|---|---|
| Return type | Variable (money market funds) | Fixed, guaranteed |
| Underlying assets | Money market / liquidity funds | Bank fixed deposits |
| SGD rate (2 Jul 2026) | ~1.5%–1.6% p.a. | 1.05%–1.20% p.a. |
| Term / liquidity | None — withdraw anytime | 1, 3, 6 or 12 months — locked until maturity |
| Management fee | 0.05%–0.20% p.a. | None |
| Minimum investment | None | None |
Source: Syfe (syfe.com/cash-management), rates as of 2 July 2026. Rates are indicative and change regularly — verify current rates in the Syfe app.
Think of Cash+ Guaranteed as the Syfe-ecosystem equivalent of a bank fixed deposit: you know exactly what you’ll earn before you commit, in exchange for giving up daily liquidity and (currently) accepting a lower headline rate than the variable Cash+ Flexi or a T-bill.
Syfe Cash+ Guaranteed Interest Rates 2026 (SGD & USD)
Cash+ Guaranteed comes in two currency variants with very different rate levels. Rates below are as published on Syfe’s official Cash+ Guaranteed page, updated 2 July 2026:
| Term | SGD Rate | S$100,000 Return | USD Rate |
|---|---|---|---|
| 1 month | 1.05% p.a. | ~S$315 | 3.55% p.a. |
| 3 months | 1.15% p.a. | ~S$863 | Not offered |
| 6 months | 1.20% p.a. | ~S$1,800 | Not offered |
| 12 months | 1.20% p.a. | ~S$1,800 | 3.95% p.a. |
Source: Syfe Cash+ Guaranteed page, as of 2 July 2026 (based on a S$100,000 / US$100,000 illustrative investment). Rates change regularly — always check the Syfe app for the live rate before committing. USD variant funding currency can be USD or SGD, but the guarantee applies to the USD value only.
Open the Syfe app under “Save” → “Cash+ Guaranteed” to see the latest live rate and available terms before you commit — Syfe reviews and adjusts the rate periodically based on prevailing bank fixed deposit rates.
How Syfe Cash+ Guaranteed Works
- Open the Syfe app and create a Cash+ Guaranteed portfolio, choosing your term (1, 3, 6 or 12 months for SGD; 1 or 12 months for USD).
- Fund the portfolio via PayNow/bank transfer. There is no minimum or maximum investment amount.
- Your funds are locked and invested within one business day into fixed deposits with Syfe’s MAS-regulated partner banks, at the rate shown at the time your funds are processed.
- At maturity, you choose whether to withdraw or reinvest at the (potentially different) prevailing rate.
Important: once a Cash+ Guaranteed portfolio is funded and locked, you cannot withdraw before the term ends — there is no early-withdrawal option, unlike Cash+ Flexi’s daily liquidity. If you top up an already-locked portfolio, Syfe places the new funds into a separate, newly-laddered Guaranteed portfolio with its own maturity date rather than adding to the existing one — useful if you want staggered maturities, but worth knowing before you fund.
Syfe Cash+ Guaranteed vs T-Bills vs Fixed Deposit vs SSB
Here’s how Syfe Cash+ Guaranteed (SGD) stacks up against the main capital-protected alternatives for Singapore investors, using the most recent published rates:
| Feature | Cash+ Guaranteed (SGD) |
6-Month T-Bill |
Best Fixed Deposit (3-mo) |
Singapore Savings Bond |
|---|---|---|---|---|
| Rate (as at Jul 2026) | 1.05%–1.20% p.a. | 1.55% p.a. (16 Jul auction) | ~1.10% p.a. | 1.46%–2.11% p.a. (avg step-up) |
| Capital protected? | ✓ Guaranteed (bank risk) | ✓ Yes (govt-backed) | ✓ Yes (SDIC up to $100k) | ✓ Yes (govt-backed) |
| Min. amount | None | S$1,000 | S$5,000–S$20,000 | S$500 |
| How to buy | Syfe app (instant) | MAS auction (bi-weekly) | Bank branch or online | DBS/POSB/OCBC app |
| SDIC coverage? | ✗ Not a bank deposit | ✗ (govt bond, no SDIC needed) | ✓ Up to S$100,000 | ✗ (govt bond, no SDIC needed) |
| Early withdrawal | ✗ Locked to maturity | Secondary market only | Penalty applies | ✓ Redeem anytime at par |
| CPF/SRS eligible? | ✗ Cash only | ✓ (via CPFIS-OA) | ✓ (selected banks/SRS) | ✓ SRS eligible |
Source: Syfe, MAS T-bill auction results (16 Jul 2026), MAS Singapore Savings Bonds, DBS/OCBC/UOB published rates. Figures indicative — verify before investing.
Honest take: at current rates, Cash+ Guaranteed (SGD) is not the most attractive capital-protected option in Singapore — the 6-month T-bill and even the Singapore Savings Bond currently pay more, with comparable or better safety. Cash+ Guaranteed’s main edge is convenience (instant sign-up via app, no auction queue, no S$1,000 minimum) rather than the highest available yield. See our Singapore Savings Bonds guide and T-bill auction results for more detail.
Is Syfe Cash+ Guaranteed Safe? MAS Regulation & Capital Protection
Syfe Pte. Ltd. is licensed by the Monetary Authority of Singapore (MAS) and holds Capital Markets Services Licence No. CMS100837. That means it is regulated and supervised on custody of client assets, disclosure, and fair dealing.
However, one important distinction: Syfe Cash+ Guaranteed is an investment product, not a bank deposit. It is not covered by the Singapore Deposit Insurance Corporation (SDIC), which protects bank deposits up to S$100,000 per depositor per bank.
Syfe’s stated approach is to spread your funds across fixed deposits with several MAS-regulated partner banks (rather than a single bank), which diversifies — but does not eliminate — the underlying bank counterparty risk. In practice this risk is considered low given Singapore’s well-capitalised banking sector, but investors who need explicit government-backed SDIC protection should compare this against a bank fixed deposit or T-bill instead.
How to Sign Up for Syfe Cash+ Guaranteed (With Referral Code)
- Download the Syfe app on iOS or Android.
- Register with your email and Singapore phone number. Enter referral code SRPRFFFCD when prompted to link your account for the sign-up bonus.
- Complete SingPass MyInfo verification — fully digital, usually under 2 minutes.
- Fund your account via PayNow from any Singapore bank account (or a USD-funding option for the USD variant).
- Navigate to “Save” → “Cash+ Guaranteed”, select your currency and term, and review the live guaranteed rate before confirming.
Your funds start earning interest once invested (within one business day). At maturity, principal and interest are credited automatically to your Syfe account.
For the full referral bonus details, check our Syfe referral code SRPRFFFCD page.
Syfe Cash+ Guaranteed: Pros & Cons
| ✓ Pros | ✗ Cons |
|---|---|
| Guaranteed fixed return — you know exactly what you’ll earn upfront | SGD rate (1.05%–1.20%) is currently below the 6-month T-bill and SSB |
| No minimum investment, no management fee | Not covered by SDIC bank deposit insurance |
| Instant setup via app — no auction queue or bank branch visit | No early withdrawal once funded and locked |
| USD variant offers a meaningfully higher 3.55%–3.95% p.a. | USD variant carries FX risk for SGD-based investors; cash only, no CPF/SRS |
| MAS-regulated issuer; access to Syfe’s broader investment suite on the same platform | Rate changes with each new tranche — not a set-and-forget rate |
Source: TKN analysis of Syfe published rates, as at 2 July 2026.
Who Should Use Syfe Cash+ Guaranteed?
Syfe Cash+ Guaranteed is a reasonable fit if you:
- Already have idle cash sitting in a Syfe account and want a guaranteed rate without moving platforms
- Find T-bill auctions or FD branch visits administratively tedious, and value the S$1-and-up convenience more than squeezing out the last 0.3–0.5% p.a.
- Hold USD savings and want a guaranteed rate on them without opening a separate USD fixed deposit
It’s less suitable if you:
- Want the highest available capital-protected SGD rate — currently the 6-month T-bill (1.55%) and SSB (up to 2.11%) both beat Cash+ Guaranteed SGD
- Need SDIC deposit insurance specifically (use a bank fixed deposit instead)
- May need the funds before the term ends (no early withdrawal — use Cash+ Flexi or a bank account instead)
- Want to invest CPF or SRS funds (Cash+ Guaranteed is cash-only)
For building wealth beyond cash savings, see our passive income Singapore guide and the retirement planning calculator.
All Referral Codes — Singapore Investing Platforms 2026
| Platform | Referral Code | Best For |
|---|---|---|
| Syfe | SRPRFFFCD | Cash+ Guaranteed/Flexi, robo-advisory, CPF/SRS |
| Endowus | 2V343 | CPF OA/SRS investing, fund portfolios |
| FSMOne | P0544985 | CDP stocks, S-REITs, unit trusts |
| MariBank | 2DCT80WQ | High-yield savings account |
| Trust Bank | HTWYQP95 | Everyday banking + NTUC LinkPoints |
| GXS Bank | YONG477 | FlexiLoan, savings |
Referral bonus terms subject to change. Verify on each platform’s official website. TKN may earn a referral fee when you use these codes.
Frequently Asked Questions
What is the current Syfe Cash+ Guaranteed rate in 2026?
As at 2 July 2026, the SGD variant guarantees 1.05% p.a. (1-month term) rising to 1.20% p.a. for 6- and 12-month terms. The USD variant guarantees a higher 3.55% p.a. (1-month) to 3.95% p.a. (12-month), but the guarantee applies only to the USD value — SGD-based investors take on foreign-exchange risk. Rates are reviewed periodically, so always check the live figure in the Syfe app before investing.
What is the difference between Syfe Cash+ Flexi and Cash+ Guaranteed?
Cash+ Flexi invests in money market funds with a variable, daily-fluctuating return and no lock-in — you can withdraw anytime. Cash+ Guaranteed places your funds in bank fixed deposits and locks in a fixed rate for a fixed term (1, 3, 6 or 12 months for SGD), with the trade-off that you cannot withdraw before maturity. As at July 2026, Cash+ Flexi (SGD) actually pays a higher projected rate (~1.5%–1.6%) than Cash+ Guaranteed (SGD) (1.05%–1.20%), though Flexi’s rate is not guaranteed.
Is Syfe Cash+ Guaranteed covered by SDIC?
No. Syfe Cash+ Guaranteed is an investment product, not a bank deposit, and is not covered by the Singapore Deposit Insurance Corporation (SDIC). Your capital and returns are guaranteed by Syfe, backed by underlying fixed deposits diversified across several MAS-regulated partner banks — this is bank counterparty risk, not government deposit insurance. If SDIC coverage is essential, use a bank fixed deposit instead.
Can I withdraw early from Syfe Cash+ Guaranteed?
No. Once your Cash+ Guaranteed portfolio is funded and locked, you cannot withdraw until the chosen term matures — there is no early-withdrawal option. If you top up an already-locked portfolio, Syfe places the new funds into a separate newly-laddered Guaranteed portfolio with its own maturity date, rather than adding to the existing one. Only invest funds you’re confident you won’t need before the term ends.
What is the minimum investment for Syfe Cash+ Guaranteed?
There is no minimum or maximum investment amount for Cash+ Guaranteed (SGD), and no management fee — Syfe’s margin is embedded in the rate it passes on from its partner banks. This is more accessible than most bank fixed deposits, which typically require a S$5,000–S$20,000 minimum, and T-bills, which require a S$1,000 minimum.
How does Syfe Cash+ Guaranteed compare to T-bills in Singapore?
As at July 2026, the 6-month Singapore T-bill yields 1.55% p.a. (16 July 2026 auction) — higher than Cash+ Guaranteed’s 6-month SGD rate of 1.20% p.a. T-bills are government-issued and backed by the Singapore government, arguably the safest capital-protected option available, but require participating in a bi-weekly MAS auction with a S$1,000 minimum and cannot easily be sold before maturity without going through the secondary market. Cash+ Guaranteed is simpler to buy (instant via app, no minimum) but currently pays less and is not government-backed.
Can I use CPF or SRS funds for Syfe Cash+ Guaranteed?
No. Cash+ Guaranteed is a cash-only product and does not accept CPF Ordinary Account or SRS funds. If you want to invest CPF-OA or SRS savings on Syfe, you would use Syfe’s separate CPF/SRS investment portfolios, which invest in diversified funds and ETFs rather than Cash+ Guaranteed. You can hold a Cash+ Guaranteed investment and CPF/SRS investments in the same Syfe account.
Is the USD variant of Cash+ Guaranteed worth it for SGD investors?
The USD variant’s 3.55%–3.95% p.a. rate is meaningfully higher than the SGD variant, reflecting higher USD interest rates generally. However, the guarantee applies only to the USD value of your portfolio — if you fund or withdraw in SGD, currency movements between SGD and USD can add or subtract from your actual SGD-denominated return, and could outweigh the higher headline rate. It typically makes more sense for investors who already hold USD savings or have a genuine need for USD, rather than as a way to boost SGD returns.
What is the Syfe referral code for Singapore in 2026?
The Syfe referral code is SRPRFFFCD. Enter this when creating your Syfe account to receive a sign-up bonus. Full bonus terms and the latest offer are on our Syfe referral code page.
Is Syfe regulated in Singapore?
Yes. Syfe Pte. Ltd. is regulated by the Monetary Authority of Singapore and holds Capital Markets Services Licence No. CMS100837. This means it is subject to MAS rules on client asset custody, disclosure, and fair dealing. MAS regulation does not guarantee investment returns or provide deposit insurance — it means Syfe must comply with strict regulatory standards for how it manages client money.
This article was researched with the help of AI. While we strive to keep all information accurate and up to date, there may be errors. If you notice any discrepancies, please contact us.
