Welcome to the future of Saving with SqSave
MONEYBOX
Invests in Singapore money market and short term fixed income Funds,
using our investment expertise & quantitative tools
*Above graph reflects MoneyBox performance over the past 3 years assuming an initial S$10,000 deposit is made on 31st Oct 2022.
Important Note: MoneyBox Projected Returns and past performance are not indicative of future results. Investment sums are exposed to market risks and as such, invested amounts may fall or rise on a daily basis. Please read our account terms and conditions and seek professional advise if unsure. Also before opening an account and investing in MoneyBox please review our MoneyBox FAQs.
MoneyBox FAQs
It’s where your idle cash stops being lazy.
Think of MoneyBox as your smarter (and better-paying) alternative to bank savings.
No strings attached, no lock-ins, no catch.
Whether you’re investing for the first time or parking short-term funds, MoneyBox gives you what banks won’t: attractive returns (currently projected at 1.7% to 2.0% p.a.) with real flexibility.
Start with as little as S$1000, withdraw anytime, and watch your returns grow with minimal annual management fees applied. It’s investing made simple — powered by AI, backed by our MAS license.
It can also be held conveniently until you’re ready to shift into other SqSave portfolios created for longer term needs.
- Open an SqSave account (if not already created) by registering at this Link.
- Create a Moneybox portfolio in your Sqsave Account Login, by selecting [Invest]/[MoneyBox] at the top menu tab.
- Deposit monies at anytime by tapping the [Deposit] button in the expanded view of your MoneyBox portfolio, then open your online Banking App and use the “scan to pay” option of your Paynow function to transfer an amount to invest. Alternatively, you can select the “Fund Goal using SqCash” option from the top right My Account menu tab in your Dashboard, using your available SqCash balance.
It's currently comprised of an allocation of 70% UOB United SGD Fund Class B Acc and 30% UOB United SGD Money Market Fund Class B. The Funds and allocations are reviewed and assessed at least annually (or on an ad-hoc basis if deemed necessary) with changes made if warranted to maintain or enhance risk adjusted returns.
There are volatility and risks associated with short-term interest-bearing debt and money market securities.
No, investments made in MoneyBox are not covered by the SDIC because SqSave and our brand operator, PIVOT, are not a bank. Banks have SDIC protection because if the bank fails, your money is at risk of loss. In contrast, your monies and investments in MoneyBox are held separately by our trusted and fully licensed custodians in Singapore.
State Street Bank and Trust Company and United Overseas Bank Limited. As such, your monies and investments are safeguarded in the event that anything happens to SqSave’s brand operator, PIVOT.
See more MoneyBox FAQs here