With happy returns, and no lock-ins, Chocolate Finance makes growing your money as simple as it gets. Find out why this cash managed account is made for everyone.
Saving is an important part of a healthy financial lifestyle. But saving alone will only get you so far. Afterall, there is a huge difference between leaving your cash idle in a basic savings account, and actually putting it to work for you. The point is, to reach your financial goals faster, you need to make your money work harder for you by finding the best returns for your spare cash.
Here’s the good news. You can do that without having to jump through multiple hoops or spend time micromanaging your money. With Chocolate Finance, you’ll find a simple and straightforward way to grow your money, enjoy happy returns, and diversify your funds for versatility. You’ll even earn rewards as you spend.
Let’s take a closer look at Chocolate Finance how they can make your life richer, one easy step at a time.
Table of contents
Five ways Chocolate Finance makes your money work harder
1. Happy returns on your spare cash
At the time of writing, Chocolate Finance offers up to 3% p.a. on SGD balances (and up to 4.3% p.a. on USD balances on the first S$20,000 and US$20,000 respectively – more on this later).
See the chart below for a comparison of Chocolate Finance vs alternative SGD rates of return per annum in Singapore over the last 2 years.
*Data sourced from MAS for Singapore government instruments (Singapore savings bond (SSB), Singapore Government Securities (SGS) Bond Bonds, Treasury Bills (T-Bills)); fixed deposit rates from major banks and finance companies in Singapore (e.g. DBS, OCBC, Maybank, RHB, Standard Chartered); and publicly available yield information from local cash management products including Endowus, FSMOne, PhillipCapital, StashAway, Syfe, and Maribank.
Over the past two years, Chocolate Finance has delivered returns that were generally higher than the published rates of selected fixed deposits, Singapore Government Securities (such as T-bills and SSBs), and publicly reported yields from certain cash-managed accounts. These comparisons are based on publicly available data as of July 2025 and may not reflect differences in product structure, risk profile, or fees.
And while past performance is not necessarily indicative of future results, this means that if you had consistently allocated funds to Chocolate Finance over the past two years, your returns may have been higher compared to those from products generally considered low risk during the same period. However, returns may vary and are not guaranteed, and different products carry different risk and liquidity characteristics.
2. The Top-Up Programme is there to support you!
One key differentiator of Chocolate Finance is its Top-Up Programme. Here’s how it works.
Under the programme, users currently earn 3.0% per annum on the first S$20,000 of their SGD balance, and 2.7% per annum on the next S$30,000. The same applies to the first US$50,000 in a user’s USD balance—4.3% p.a. on the first US$20,000 and 4% p.a. on the next US$30,000. If actual market returns fall below these rates, Chocolate Finance tops up the shortfall, ensuring users still receive the target rates on those balances.
There are two benefits here. Firstly, it shields you from potential daily market volatility, so you don’t have to deal with your account balance going up and down as the market fluctuates.
Secondly, this helps you to grow your money. When you see your account growing steadily daily, it’s a powerful motivator to encourage you to keep going – essential in growing your savings - oh and did we mention compounded returns….
The Top-Up Programme applies only to the first S$50,000 in SGD and US$50,000 in USD held in an account. Any balances above those are subject to market-based returns without top-up support. The programme is available during the Qualifying Period from now until 31 December 2025, or until the total funded amount across the platform reaches S$1.5 billion, whichever comes first.
See the following table for a breakdown:
|
SGD |
USD |
|
First $20,000: 3% p.a. |
First $20,000: 4.3% p.a. |
|
Next $30,000: 2.7% p.a. |
Next $30,000: 4% p.a. |
|
Amounts thereafter: target 2.7% p.a. |
Amounts thereafter: target 4% p.a. |
3. You can also diversify into USD
With Chocolate Finance, you can diversify into USD and earn up to 3% p.a. on your first US$20k. Not only does this grow your money faster, you can also take advantage of exchange rate changes to potentially further boost your cash.
Here’s how. The US Dollar has been experiencing weakness due to recession fears and market uncertainty stemming from Trump’s trade tariffs. In contrast, the Singapore Dollar has remained strong against many currencies, including the US Dollar. In the past six months, SGD/USD has climbed over 6% to reach 0.7380.
In other words, the US Dollar is cheaper to purchase now. So you could use Chocolate Finance to enjoy 4.3% p.a. on your cash by converting into USD. If the exchange rate tilts back in favour of the US Dollar, you could then convert your USD for a higher SGD rate.
If all this talk of “buying” and “selling” has got you frazzled, know that diversifying in the Chocolate Finance app is easy. You can convert your desired amount from your SGD balance into USD right in the app, and automatically start earning up to 4.3% p.a.
4. It’s so easy to digitally manage your money with the Chocolate app
Chocolate Finance is designed for flexibility and convenience. All you need is to download the mobile app and you can manage your money digitally, anytime and anywhere.
For instance, you can seamlessly add to your balances from your bank account anytime you wish. You can also convert your funds between SGD and USD with just a few taps, allowing you to take advantage when interest rates move in your favour. Withdrawals are free of fuss too. Just indicate how much you wish to withdraw, and the funds will be sent to your bank account when ready. Note that withdrawals can only be made in SGD, so if you’re withdrawing from your USD balance, you’ll need to convert the withdrawal sum back into your SGD balance first.
Another exciting feature about Chocolate Finance is that your returns are earned daily, so you are literally making progress on your financial goals day by day. On the app, you can view your returns on a daily, monthly and lifetime basis, providing plenty of motivation to keep making your money work harder!
5. Spend and earn rewards with the Chocolate Visa card
Chocolate Finance also helps you get more bang from your buck by giving you rewards when you spend.
That’s right, Chocolate Finance isn’t just a savings platform. You can also spend seamlessly from your SGD balance with the Chocolate VISA Debit Card, which is included as a digital card on the mobile app. Want to go old school? Order up a physical card that you can tap or swipe like any other debit card.
When you spend using your Chocolate VISA Debit Card, you can earn HeyMax Miles at the rate of 1 mile for every S$1 spent on nearly all spend categories, up to the first S$1,000 each month, and 0.4 miles per S$1 thereafter. But that’s not all – you’ll also get bonus miles at the end of the month if your Chocolate Finance is more than S$5,000.
Depending on your balance amount, you can get anywhere from 5% to 100% more bonus miles, so the more you save, the more miles you’ll get as you spend!
Chocolate Finance: Built for trust and long-term growth
Chocolate Finance offers plenty to love for those looking for a simple and flexible way to earn returns and grow their money. Licensed and regulated by the Monetary Authority of Singapore (CMS101452) to carry out fund management activities, Chocolate Finance stands out by not being a traditional bank, but by providing a unique offering in an increasingly competitive space.
Having been in the market for just 12 months, Chocolate Finance has managed some impressive feats, including over S$22 million in returns, almost S$900 million in Asset Under Management as of July 2025, and growing the community to over 100,000 members amassing over one thousand 5-star reviews.
Clearly, Singaporeans are finding Chocolate Finance to be a palatable way to grow their money with consistent returns even when markets are uncertain. With over S$22 million (and counting) given out in rewards in just the first year alone, Chocolate Finance has hit on a solid recipe. Dip in and enjoy your share of those sweet rewards and make your money happy too.
Disclaimer
Chocolate Finance is a brand of Chocfin Pte Ltd and is regulated by the Monetary Authority of Singapore. The views and opinions expressed on this post are solely those of the original authors and contributors as of the date of this post and are subject to change based on market and other conditions. This is for information only and does not constitute an offer or solicitation to buy or sell any of the investments mentioned. Neither Chocfin Pte. Ltd. (“Chocfin”) nor any officer or employee of Chocfin accepts any liability whatsoever for any loss arising from any use of this blog or its contents.
Please note that Chocfin does not guarantee the accuracy, relevance, timeliness, or completeness of the information provided on this post. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Chocolate’s returns are currently supported by a promotional 'Top-Up Programme', valid during the Qualifying Period and subject to terms and conditions. Past performance is not indicative of future results. All investments involve risk, including the risk of losing all of the invested amount and may not be suitable for everyone. This advertisement has not been reviewed by the Monetary Authority of Singapore.
* Returns shown in the chart represent annualised yields based on data from March 2023 to July 2025. Returns are computed based on net yield before promotional top-ups, excluding fees or charges specific to each product. Aggregated yields for third-party platforms reflect their advertised average returns as of July 2025. Products shown vary significantly in liquidity, underlying asset risk, and capital protection. Comparisons do not account for volatility, underlying instrument duration, or counterparty risk. Chocolate Finance returns for SGD balances include promotional Top-Up Programme rates during the qualifying period. These are not guaranteed beyond the programme validity and are subject to change. Past performance is not necessarily indicative of future results. The comparison is for illustrative purposes only.
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