Earn 3.7%* p.a. yield to maturity
Earn on any amount. No minimum, no maximum, no rules. Just a Simple way to grow your cash.
New investors enjoy an extra 1% p.a. rate boost with Simple Plus for 3 months on deposits of up to $10,000 SGD.
We’re licensed by the Monetary Authority of Singapore (Licence no. CMS100604).
It’s Simpler to grow your cash than you think.
How you can use Simple Plus
- Invest the Supplementary Retirement Scheme (SRS) funds
- Prepare for an expense (e.g. home renovation in 1.5 years)
- Set aside for investments
Simple Plus in a nutshell
- No minimum balance
- No cap on the balance that can earn returns
- No investment, insurance, or salary requirements
- No restrictions on withdrawals or transfers
- Set up in seconds! No paperwork
Simple Plus
2.7%
Management fee
0.2% p.a.
Risk
Ultra-low risk.
Understand the risks here.
Underlying funds
- 20% LionGlobal SGD Enhanced Liquidity Fund
- 20% Amova Short Term Bond Fund (formerly Nikko AM)
- 60% LionGlobal Short Duration Bond Fund
Lock-in period
None, but we do not recommend less than 12 months.
Currency denomination
SGD.
Portfolio Performance
12 Months Average | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 |
|---|---|---|---|---|---|
2.43% | 2.04% | 4.33% | 4.33% | 1.71% |
Past performance is not indicative of future performance. Performance figures are net of fees. Last updated as of 31 December 2025.
What is the volatility of Simple Plus?
Here's how Simple Plus compares to some other alternatives in terms of volatility.
Simple Fixed
Secure your rate with no market volatility. The rate you'll get, including your exact returns and when your tenor ends, will be shown upfront.
Simple™
Doesn't carry any market volatility, but the projected rate is influenced by interest rate movements.
Other options: cash funds, T-bills, Singapore Savings Bonds.
Simple Plus
Can experience short-term volatility in pursuit for higher returns than Simple.
Other options: short-term bond funds.
Bonds
Offer stable income but can be influenced by changing interest rates and market sentiment, leading to some volatility.
Other options: Flexible Portfolios.
Equity ETFs
Track stock market indexes, exposing them to the higher market volatility.
Other options: Flexible Portfolios, General Investing.
Pricing
Simple Plus | |
|---|---|
Yield to maturity before fees | 3.1% |
Net fee charged by underlying fund managers, including quarterly rebates* | 0.16% p.a. |
StashAway management fee | 0.2% p.a. |
Yield to maturity after all fees | 2.7% |
*We return to you 100% of the rebates that we receive from the fund managers for Simple Plus.
Other strategies to grow your cash
Explore a few other ways to grow cash.
Simple
Simple Fixed
Get smarter with your cash
Our new investors enjoy an extra 1% p.a rate boost on up to $10,000 SGD in their Simple Plus portfolio for 3 months. Terms and conditions apply.
Download our mobile app
Make money decisions with confidence
Here are some things to think about when deciding what to do with your cash
![Singapore Best Fixed Deposit Rates [February 2026]](/_next/image?url=https%3A%2F%2Fcms-assets.stashaway.com%2F202405_SG_FD_Rate_Article_Thumbnail_Web_2f691e65dd.jpg&w=1920&q=75)
Frequently Asked Questions
What are the risks involved with Simple Plus?
- Simple Plus is an ultra-low risk portfolio suitable for a mid to long term holding period. The average monthly drawdown for Simple Plus is -0.14% as of July 2023.
When constructing Simple Plus, the portfolio is optimised for risk-reward ratio. That means the portfolio simultaneously provides you with the best rate possible and protects the downside of your cash.
We construct the portfolio using a mix of reputable, high-quality short and ultra-short duration bond funds with proven track records. The average monthly drawdown for Simple Plus is -0.14% as of July 2023.
The minimal, yet calculable, risk comes from:
- Allocation to short duration bonds in the mix which makes the portfolio slightly more sensitive to interest rate movements and economic conditions.
- Some underlying funds having a time to maturity and duration, and higher credit risk. The average maturity of the bonds is 1.5 years which means that their full yield is paid out in that time frame.
Because of these factors, we recommend you hold your cash in Simple Plus for at least 12 months in order to reap the maximum benefits of higher rates while keeping risk in check.
For Simple Plus, why is the recommended holding period 12 months or longer? And is the current YTM guaranteed if I hold my funds in Simple Plus for 12 months?
We encourage you to invest in Simple Plus with a view of holding it there for 12 months or longer, so you don’t have to sell at a loss when faced with short-term volatility, and to allow the funds time to reach their average target yield.
The current YTM is not a guaranteed rate, and is only a snapshot from the underlying bonds in the funds at a given time. Future returns also include the price fluctuations of these bonds. Because of this, there may be situations where overall returns are below or above YTM.
How do I decide whether to use StashAway Simple Fixed, StashAway Simple, or Simple Plus?
StashAway Simple Fixed, StashAway Simple, and Simple Plus are ultra-low-risk cash portfolios, but they serve different purposes:
| Simple Fixed | Simple | Simple Plus | |
|---|---|---|---|
| Returns (Net of fees) | Fixed rate once locked in: 1.35% p.a. | 1.7% p.a. | 2.7% p.a. |
| Lock-in period | 1-month | None | None |
| Risk | No volatility | Minimal volatility | More short-term volatility than Simple |
| Assets | Money markets | Focus on money market funds | Focus on short-term bonds |
| StashAway fees | Up to the difference between actual returns and the fixed rate | 0.15% p.a. | 0.20% p.a. |
In summary, Simple Fixed offers fixed returns with a predictable outcome, no guesswork required.
Simple allows you to put your cash to work while still giving you the flexibility and access you need with ultra-low risk.
Simple Plus offers higher potential returns at the cost of more short-term volatility than Simple.
The Simple Fixed rate is correct as of 2 Feb 2026, Simple and Simple Plus rate as of 5 Dec 2025.