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Syfe review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Syfe suits Singapore savers who want a cash balance that costs nothing to hold and easy access when they need it. The account takes SGD 0 as a minimum and a SGD 0 monthly fee, though the 1.5% variable rate leaves little interest against wider savings offers.

Key facts

Best for
Parking short-term cash in Singapore with no minimum and no monthly charge.
Headline rate
1.5%↗
Rate type
Variable↗
Minimum deposit
SGD 0↗
Access terms
No lock-ins, no minimum; unlimited next-day withdrawals, daily accrual, T+1 settlement↗
Monthly fee
SGD 0↗
Account kind
Easy access↗
Regulators
Monetary Authority of Singapore↗
Legal entity
Syfe Pte. Ltd.↗
Headquarters
Singapore↗
Founded
2019↗
Support channels
Email, Chat, Phone, Help-centre↗
Pricing model
No monthly fee
Official website
syfe.com

Brokers

Markets
Stocks, ETFs, Options, Funds, Bonds↗
Account types
Joint, Corporate↗
Features
Fractional shares, Mobile app

Robo-advisors

Management fee
0.25% to 0.65%↗
Minimum investment
SGD 0↗
Portfolio types
ETF, ESG, Cash↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInXapps.apple.cominstagram.com

Pros and cons

Pros

  • No minimum deposit (SGD 0) and a SGD 0 monthly fee, so holding cash costs nothing.
  • Easy access: listed as easy access, with unlimited next-day withdrawals and interest accruing daily.
  • The money sits with a regulated firm, as the Monetary Authority of Singapore supervises Syfe Pte. Ltd. under licence CMS100837.
  • Fractional shares and a mobile app, both listed under fractional shares and mobile app, so small sums can be put to work.

Cons

  • The rate is variable at 1.5%, so interest can move down without notice.
  • On headline rate the brand ranks 360 of 488, below the 3% median across the site.
  • Regulation sits with the Monetary Authority of Singapore and the account runs in Singapore dollars, so it serves a single market rather than sterling or euro savers.
Syfe

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Scored 8.9 / 10 by SumCue.

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Who it suits

  • Singapore savers who want an easy-access balance with a SGD 0 minimum and a SGD 0 monthly fee.
  • Investors who want fractional shares across stocks, etfs and options without a large starting amount, since the minimum investment is SGD 0.
  • Joint and corporate holders, since account types include joint and corporate.

Who should look elsewhere

  • Wise, which pays 3.29% on balances, for anyone whose main goal is the interest rate.
  • bunq, which pays 3.01%, for readers who want a higher rate on euro balances.

Fees and currency costs

The savings side is where Syfe's pricing looks kindest. The listed minimum deposit is SGD 0, so there is no floor on the balance, and the monthly fee is SGD 0, so nothing is deducted each month before interest lands. Anyone comparing day to day costs on cash alone will find nothing to pay here.

How Syfe compares

Where Syfe is available

Available
Australia, Hong Kong, Singapore
Licence in Singapore
Monetary Authority of Singapore (CMS100837), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Syfe pay on cash?+

The cash balance earns 1.5%, and the rate is variable, so it moves with the base rate. Across the brands ranked here Syfe sits at 360 of 488, below the 3% median. The rate is the main reason to shop elsewhere.

Is there a minimum deposit or a monthly fee?+

Neither applies to the savings account. The listed minimum deposit is SGD 0 and the monthly fee is SGD 0, and the pricing model is described as no monthly fee. That keeps the cost of holding cash at nothing, though portfolio charges sit elsewhere in the range.

Who regulates Syfe and where is it based?+

Syfe Pte. Ltd. is based in Singapore and is regulated by the Monetary Authority of Singapore under licence CMS100837. The firm was founded in 2019. One regulator oversees the business, which matters when comparing providers across several markets.

How fast can I get money out?+

The cash account is an easy-access product, listed as easy access. There are no lock-ins and no minimum, with unlimited next-day withdrawals, interest accruing daily and withdrawals settled the day after you ask. There is no notice period to serve before the money moves.

What can I invest in with Syfe?+

The brokerage side covers stocks, etfs and options, so shares, funds, bonds and derivatives are all reachable from one account. Managed portfolios are built from etf, esg and cash options, and fractional share purchases let a modest balance be spread across holdings rather than held in a single stock.

What does Syfe charge to manage a portfolio?+

Management fees are 0.25% to 0.65% and the minimum investment is SGD 0, so small amounts can still go in. Those fees sit on the investments rather than the cash balance, which carries no monthly charge. Readers after a pure savings product will find this part beside the point.

Can I hold an account jointly or as a company?+

Account types include joint and corporate, so joint holders and companies are served alongside individual savers. Paired with a SGD 0 minimum deposit, that suits a household sharing one balance or a business parking cash aside between payments.

Which platforms can I use and how do I get help?+

Listed features include fractional shares and mobile app, so the service runs on a mobile app and allows fractional share purchases. Support covers email, chat and phone, giving a help centre, live chat, email and phone rather than a single channel for questions about orders or transfers.

Sources

  • syfe.com checked September 26, 2026

    Backs: Account types, Legal entity, Portfolio types, Regulators, Licences

    “SRS Portfolios / Joint Accounts / Syfe for Business”

  • syfe.com checked September 26, 2026

    Backs: Features

    “Fractional investing with a simplified user experience and low to no fees”

  • syfe.com/about-us checked September 26, 2026

    Backs: Founded, Headquarters

    “Launched in Singapore in 2019, Syfe is licensed by the Monetary Authority of Singapore (MAS)”

  • syfe.com/brokerage checked September 26, 2026

    Backs: Markets

    “Trade US, SG, and HK Stocks and ETFs - Syfe Brokerage”

  • syfe.com/cash-management/cash-plus-flexi checked September 26, 2026

    Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type

    “No Lock-ins, No Minimum Balance. Unlimited next-day withdrawals, with no minimum investment required.”

  • syfe.com/contact-us checked September 26, 2026

    Backs: Support channels

    “Email ... Chat Monday to Sunday (24 hours) ... Call Available Monday to Friday (9 am to 6 pm) ... +65 3138 1215 ... Whatsapp”

  • syfe.com/pricing checked September 26, 2026

    Backs: Management fee, Minimum investment, Pricing model, Monthly fee

    “MANAGED PORTFOLIOS Fees (p.a.) ALL PORTFOLIOS 0.65% / 0.55% / 0.45% / 0.35% / 0.25%”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Deposit protection.

Syfe

Syfe

Parking short-term cash in Singapore with no minimum and no monthly charge.

8.9/10See alternatives