Investing Updates : Nerfed: Chocolate Finance Drops Top-up Rate to 3% and 3.3% p.a. on First S$50,000 From 1st February 2025

URL: https://sethisfy.com/nerfed-chocolate-finance-drops-top-up-rate-to-3-and-3-3-p-a-on-first-s50000-from-1st-february-2025/

Apple Intelligence:

Chocolate Finance has announced a reduction in its top-up program rates, effective February 1st, 2025. The new rates, ranging from 3% to 3.3% p.a., follow a similar adjustment from a couple of months ago and are attributed to changing market conditions. While other features like instant withdrawals remain unchanged, the short notice period of less than two weeks is considered inadequate.

Opinion:

I've recently added funds to Chocolate Finance platform. And then it drops 😂. But I think it's still a good product when compared to other cash management options for first 20k.

Referral: https://share.chocolate.app/nxW9/risyvv2n