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Featured
What’s an MCC (Merchant Category Code) – and why does it matter for your Chocolate Visa card?Ever had your card declined and not sure why? Or wondered why you didn’t earn as many miles as you thought you would? We often get questions like: “Why was my transaction declined?”, “Why didn’t I get miles for that purchase?”, “What even is an MCC?” So, we thought we’d break it down. Here’s everything you need to know about Merchant Category Codes (MCCs), how they work behind the scenes, and why they matter when you spend with your Chocolate card.
Chocolate Finance
Sep 2, 2025
Featured
What is a Singapore Dollar fixed deposit?When we are looking at safe and secure ways to get a return for our short-term cash holdings, there are a select number of options that are regularly proposed to investors. That’s no surprise because there really isn’t some massive secret to earning a decent yield on your cash savings. You’re never really going to earn more than 3% so, as the saying goes, “if it sounds too good to be true then it probably is”.
Chocolate Finance
Sep 19, 2025
Featured
What is a Singapore Treasury Bill (T-Bill)?In Singapore, idle cash represents one of the biggest untapped opportunities in the local market. In this Choc Bites series, we’ll help you understand the different types of savings and investment products available — so you can make your money work smarter for you. When it comes to managing excess cash, we can’t just leave it lying around without a plan — we want something that’s low risk but still earns a return. T-Bills are short term investment instruments, typically maturing within six months to one year, making them suitable for investors seeking safety and liquidity.
Tim Phillips
Sep 19, 2025
Featured
By Chocolate
What’s the best rate for your money in Singapore in 2025?
Chocolate Finance
Dec 15, 2025
What’s the best rate for your USD savings in Singapore in 2025?
Chocolate Finance
Dec 15, 2025
Steady and simple: keeping your money working smoothly!
Chocolate Finance
Dec 1, 2025
Savings account rates are down. Here’s how to rethink your cash strategy for 2026
With savings rates down across the board, it’s time to rethink your cash strategy now at the start of a fresh new year. Here’s how you can still enjoy happy returns on your money despite the low interest rate environment in 2026.
Alevin K Chan
Jan 2, 2026
By Chocolate
What’s the best rate for your USD savings in Singapore in 2025?If you’re holding spare cash in Singapore and looking to diversify beyond the Singapore dollar, putting your USD to work could be a smart move. With shifting interest rates and ongoing global uncertainty, many are turning to USD-denominated options for stronger returns compared to those currently available in SGD rates. In this market overview, we’ll highlight some of the best USD lower-risk savings and investment options in Singapore for your spare cash, beyond just the traditional bank accounts. While standard USD savings accounts often come with low yields or restrictive conditions, several alternatives offer better rates without significantly increasing your risk.
Chocolate Finance
Dec 15, 2025
By Chocolate
What’s the best rate for your money in Singapore in 2025?We all have cash sitting idle — whether it’s for an emergency fund or the next holiday — and now is a great time to think about how to make that money work harder for you. Whether you’re saving for short-term goals or looking to earn a little extra on the side, understanding your options is key. In this market overview, we’ll break down some of the best lower risk investment options outside of traditional bank savings accounts for your spare cash in Singapore right now — from fixed deposits to Singapore Savings Bonds and everything in between.
Chocolate Finance
Dec 15, 2025
By Chocolate
Steady and simple: keeping your money working smoothly!Ever wondered where your money is invested with Chocolate Finance or how everything works behind the scenes? At Chocolate Finance, we aim to keep things simple, safe, and steady — while helping your money grow reliably over time. Your money is invested in a carefully curated portfolio made up of conservative, short-duration fixed income funds. These funds prioritise stability and flexibility, making them a great fit for your everyday savings.
Chocolate Finance
Dec 1, 2025
High-yield savings vs smart cash management: What Singaporeans need to know
High-yield savings accounts offer good rates, but require jumping through several hoops. Is there a better way to earn increased returns? According to a recent Straits Times report, younger Singaporeans have a strong preference for high-yield savings accounts (HYSA). The report noted that savers aged 18 to 30 are drawn to the risk-free returns offered by such accounts, with higher rates progressively unlocked as different conditions are fulfilled. It’s easy to see the appeal. HYSAs promise interest rates several times higher than the base rate, providing an opportunity to grow your savings quicker or generate some extra cash. However, are Singaporeans really getting a good deal from HYSAs, and is there a better way to earn better returns on your money?
Alevin K Chan
Oct 10, 2025
Featured
What is a Singapore Treasury Bill (T-Bill)?In Singapore, idle cash represents one of the biggest untapped opportunities in the local market. In this Choc Bites series, we’ll help you understand the different types of savings and investment products available — so you can make your money work smarter for you. When it comes to managing excess cash, we can’t just leave it lying around without a plan — we want something that’s low risk but still earns a return. T-Bills are short term investment instruments, typically maturing within six months to one year, making them suitable for investors seeking safety and liquidity.
Tim Phillips
Sep 19, 2025
Featured
What is a Singapore Dollar fixed deposit?When we are looking at safe and secure ways to get a return for our short-term cash holdings, there are a select number of options that are regularly proposed to investors. That’s no surprise because there really isn’t some massive secret to earning a decent yield on your cash savings. You’re never really going to earn more than 3% so, as the saying goes, “if it sounds too good to be true then it probably is”.
Chocolate Finance
Sep 19, 2025
Featured
CPF Special account closure: what are the options for investors?Ok, so you’ve hit the big 5-5 and you might not be raring to retire just yet. In fact, given Singapore’s retirement age of 63, you’ve still got a solid 8 years of work (and income) ahead of you. However, on 19 January 2025, the Singapore Government decided to close the CPF Special Account (CPF SA) for anyone aged 55 and above. This will also apply to anyone turning 55 in future. Some people may be a bit peeved at this change but it does also open up some avenues for investors. First, let’s cover the basics, though. What happens to those funds in your CPF SA once you hit 55? They go into a newly-created Retirement Account (RA) and all CPF SA funds will then be transferred there to meet the Full Retirement Sum (FRS) for that year – for reference, in 2025 the FRS is S$213,000.
Tim Phillips
Sep 18, 2025
Featured
Why fixed deposit rates are falling in Singapore and what you can do about itLowering interest rates means fixed deposits are losing their lustre. Here’s why that’s happening, and some alternative ways to grow your money. Fixed deposit rates in Singapore continue their downward slide, with 12-month rates topping out at 2.45% p.a. as of September 2025 – a far cry from the glory days of around 4% p.a. returns, last seen in 2023. Low fixed deposit rates means depositors are getting less-than-optimal returns, which impact financial goals especially over the long run. Fixed deposits are attractive because they offer risk-free returns, but this value proposition dwindles as interest rates fall. And in the face of alternative solutions that offer higher returns with a similarly low risk profile, isn’t it time you reconsider your approach to growing your money?
Chocolate Finance
Sep 18, 2025
Featured
What’s an MCC (Merchant Category Code) – and why does it matter for your Chocolate Visa card?Ever had your card declined and not sure why? Or wondered why you didn’t earn as many miles as you thought you would? We often get questions like: “Why was my transaction declined?”, “Why didn’t I get miles for that purchase?”, “What even is an MCC?” So, we thought we’d break it down. Here’s everything you need to know about Merchant Category Codes (MCCs), how they work behind the scenes, and why they matter when you spend with your Chocolate card.
Chocolate Finance
Sep 2, 2025
Most read
Taking the MRT or Bus with your Chocolate Visa Card: Here’s what you need to knowYes, you can use your Chocolate Visa card to tap in and out of MRT stations and buses across Singapore. No more top-ups or ticket queues – just tap and go.Here’s how it works, what to expect, and how to stay on track if something goes wrong.
Chocolate Finance
Jul 9, 2025
Not covered by SDIC? Here’s why that’s normal for investments
Investments in Singapore are not covered under the Singapore Deposit Insurance Corporation (SDIC), but that shouldn’t scare you off from smart investing. Here’s what you need to know about why your money is still protected when you invest smartly with licensed platforms like Chocolate Finance. If you own a bank account in Singapore, you’d likely have seen “SDIC” somewhere in the fine print of your statements. Well, that’s an abbreviation for Singapore Deposit Insurance Corporation, which is a third-party organisation that protects your deposits should the bank or finance company holding your funds go under.
Alevin K Chan
Jul 2, 2025
Why everyone’s chasing miles: The rise of card rewards in 2025
Driven by a resurgence in travel and a desire for flexibility, air miles and rewards credit cards are becoming more popular among Singaporeans. From maximising travel perks to earning cashback on everyday spends, cardholders are seeking more than just plastic, Singaporeans want powerful rewards strategies that deliver real value.
Alevin K Chan
Jul 1, 2025
Why not just invest in the underlying Chocolate Finance funds yourself?
Short answer: You can.Better answer: But you’ll be giving up quite a few perks when you do.There’s been some chatter about whether you could build a similar portfolio yourself by investing directly in the same funds. We’re flattered, honestly. It means people are starting to appreciate how Chocolate makes money work behind the scenes — and some have even suggested trying to reverse-engineer our "secret sauce" and go DIY. But here’s the thing: the ingredients aren’t the whole recipe. Chocolate isn’t just a bunch of funds — it’s a thoughtfully built experience with features, access, and automation designed to make your money work harder, smoother, and smarter. With a lot less effort on your end.
Chocolate Finance
May 30, 2025
Most read
SGD vs USD: Why more Singaporeans are diversifying in US DollarWith the US Dollar at a eleven-year low against the Singapore Dollar, Singaporeans are looking at a golden opportunity to boost investment returns. Here’s why more investors are diversifying into the US Dollar, and how you, too, can plant the seeds for a future harvest. The US Dollar has been in the spotlight again, with recent headlines remarking on its weakness. This is significant because weakness in the Dollar also means other currencies strengthen against it – opening up interesting opportunities for the savvy investor.
Alevin K Chan
May 30, 2025
Most read
Understanding how Chocolate Finance grows & protects your moneyAt Chocolate Finance, we prioritise your financial well-being by offering a secure and transparent investment experience. Let's delve into how we manage our asset portfolio and the measures we have in place to protect your funds. At Chocolate Finance, we prioritise your financial well-being by offering a secure and transparent investment experience. Let's delve into how we manage our asset portfolio and the measures we have in place to protect your funds.
Benjamin Tan
Mar 17, 2025
Most read
The psychology of money: How our attitudes and beliefs affect our financial behaviorManaging money might seem straightforward - just numbers and spreadsheets. But our financial decisions are deeply influenced by psychology, shaped by experiences, emotions, and cultural norms. Whether it’s your spending habits or investment strategies, your mindset plays a bigger role than you might think. In this guest article, Kang Yen Joon explores how our beliefs about money influence financial behaviours and shares practical insights to help you make smarter choices.
Kang Yen Joon
Jan 2, 2025
9 effective ways to save money in Singapore
At Chocolate Finance, we're thrilled to share insights from Priscilla Lee, a well-respected financial writer with over a decade of experience in personal finance marketing communications. Priscilla, known for her contributions to platforms like Value Champion and MoneyMate, has spent years empowering readers with practical, research-backed advice on how to optimise their finances. Today, she brings her extensive knowledge and experience to offer her top nine effective ways to save money in Singapore, ensuring that each tip is actionable and easy to follow. Let’s dive into her expert strategies!
Priscilla Lee
Sep 27, 2024
The cost of convenience: How to identify and avoid overspending habits
At Chocolate Finance, we believe in the power of personal stories to inspire financial responsibility and conscious spending. Today, we’re excited to share the story of Daniel Tay, who, as a former financial planner, discovered his own overspending habits and took significant steps to change his lifestyle. Daniel’s journey provides valuable insights into lifestyle inflation and mindful spending. Here’s his story, in his own words.
Daniel Tay
Sep 26, 2024
The importance of emergency funds: How to build and maintain a safety net
At Chocolate Finance, we understand the critical role of emergency funds in securing your financial future. To provide you with expert insights on this topic, we interviewed Joanne Poh, a renowned finance writer and expert. In this interview, she shares invaluable tips and strategies for building and maintaining an emergency fund. Whether you're just starting to save or looking to strengthen your existing financial safety net.
Joanne Poh
Sep 26, 2024
How to earn a passive income in Singapore
You’ve probably heard of the saying “A passive income lets you make money while you sleep”, but is it really possible? Can you genuinely earn a passive income in Singapore?
Wee Yen Yee
Jun 21, 2024
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What’s the best rate for your USD savings in Singapore in 2025?Chocolate Finance
Dec 15, 2025
Featured
Featured
What’s an MCC (Merchant Category Code) – and why does it matter for your Chocolate Visa card?Chocolate Finance
Sep 2, 2025
Latest
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Savings account rates are down. Here’s how to rethink your cash strategy for 2026Alevin K Chan
Jan 2, 2026
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The psychology of money: How our attitudes and beliefs affect our financial behaviorKang Yen Joon
Jan 2, 2025
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