Idle cash earns nothing. Working cash earns 12%
S$1 million sitting in a Singapore current account earned about S$500 last year. The same S$1 million in Kilde's senior-secured private credit paid S$123,900 — net of fees. That gap is what cash on the sidelines actually costs you. Onboarding takes ten minutes.
Watch what your idle cash costs you — every second
Enter the cash you have parked and where it's parked. The counter starts when the page opens and ticks up live. Then drag the deployment slider to see what putting part of it to work in Kilde would actually do.
At 12.34% of foregone annual yield on S$3,450,000 — the gap between where your cash sits today and what Kilde paid over the last 12 months.
40% kept liquid
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60% to Kilde
Over 5 years, the deployed portion would compound to roughly S$3,712,006 — versus S$2,075,180 if it stayed idle. That's a gap of about S$1,636,826
Kilde modelled at the trailing 12-month net return of 12.39%, already net of the 0.5% p.a. platform fee (track record, not a guarantee). Current account default at 0.05% reflects the standard tier 1 SGD savings rate published by the three major Singapore banks. Tiered multiplier products (e.g. DBS Multiplier, UOB One) can pay up to ~4% on first S$100k under bonus-transaction conditions — see your bank's tier table. Past performance is not a guarantee of future returns. Capital at risk.
The share of investor capital permanently lost after recoveries. 0% means no principal losses.
Total amount investors have committed to private credit opportunities on Kilde since launch.
What idle cash actually costs you
There's a difference between cash you need and cash you've parked. Most investors over-park. The numbers below are what that habit costs in a market where senior-secured private credit pays meaningfully more than any deposit account.
What S$1M idle in a 0.05% current account costs you every day, versus the same S$1M earning Kilde's 12.39% trailing net return.
Global HNWIs held about 25% of their portfolio in cash and equivalents in 2024 — typically far more than is needed for operations or emergencies.
The published tier 1 rate on a standard Singapore savings account. About S$500 a year on a million — before tax.
Annual yield on S$1M at Kilde's 12.39% trailing net rate. Paid monthly. Already net of the 0.5% p.a. platform fee.
Operational cash: what a business actually needs to run for the next 60–90 days. That belongs in a current account. Don't touch it.
Emergency reserve: 3–6 months of household expenses. Belongs in a high-liquidity instrument — a savings account or money market fund.
Everything else: the cash that's sitting because of indecision, a recent liquidity event, or caution that's no longer being paid for. That is what this page is about.
The hardest cash to deploy is the cash that arrived suddenly — from a business sale, a bonus, an exit, a fundraising, or a maturing FD ladder you didn't roll. Most of it ends up sitting in a current account "for a few weeks" and stays there for a year.
Every quarter that S$1M sits at 0.05% instead of 12.39%, you've handed roughly S$30,000 to the bank for the privilege of holding it.
We do only one thing, and we do it well
Most platforms offer you the world. Stocks. Bonds. ETFs. REITs. Crypto. Maybe a little hype.
At Kilde, we specialise in secured private credit and that’s all we do. We don't promise anything else, we don't sell anything else, and we don't pretend to know anything else. The best investments don't need hype. Just results.
Doing one thing for five years, with one credit team, inside one regulated entity, is how the track record came to be what it is.
Different problem
Built for people whose cash should be working harder
Kilde isn't the right home for every dollar. It's the right home for the dollars that have been sitting because of inertia, recent liquidity events, or treasury caution that's no longer being paid for.
What idle cash earns at different sizes
Annual figures, modelled at the trailing 12-month Kilde net return of 12.39%, versus a standard 0.05% Singapore current account. Same capital, same year. The gap is what indecision is costing.
Three steps from idle to earning
Most investors are earning their first coupon within thirty days of starting onboarding. The hard part isn't the product — it's making the decision to deploy.
If it sounds too good to be true
Why does private credit pay this much, and where is the risk?
A 12% net yield in a world of 3% deposits and 3.5% T-bills should make any serious cash manager pause. Here is the unvarnished answer.
The short version
Private credit yields more than deposits because (a) the underlying borrowers are riskier than blue-chip corporates, (b) the asset is illiquid relative to a current account, and (c) most retail investors can't access this market at all.
Kilde's job is to make sure you are paid properly for those three premia, that the structure is senior and secured, and that nothing is hidden. The 0.0% loss record since 2021 reflects how the structure has performed so far — not a guarantee that it always will.
If anyone tells you yield this high comes with no risk, walk away. We won't.
Where the yield actually comes from
You are funding non-bank lenders in Asia and Europe — companies that lend to consumers and SMEs that traditional banks underserve. These borrowers pay 25–40% interest on their loans. After the lender's costs, capital, and risk buffer, what's left is a senior-secured 10–15% coupon to you.
Yield is real. So is the risk premium.
Why it suits short-term deployment
Underlying loans are short-term (3–24 months) and self-amortising. That means as a Kilde investor you can choose 3-, 6-, 12-, or 24-month deals — matched to how long you're willing to set the cash aside. You re-price into prevailing rates regularly.
Liquidity matched to your horizon.
The risks that actually matter
Three things can go wrong: (1) the borrowing lender's loan portfolio deteriorates faster than its capital absorbs; (2) macro events (FX, regulation) hit a country we lend into; (3) you can't access your capital exactly when you want it because the term hasn't matured.
These are real. They are not eliminated.
How Kilde structures around them
Every investment is senior-secured against ~1.6× collateral in diversified loan receivables, with conservative advance rates, covenants, and quarterly monitoring. You sit ahead of every other creditor. Since launch in 2021, after recoveries, principal losses to investors are 0.0%.
Track record, not promise.
How Kilde compares to the usual parking spots
Six places Singapore investors typically park idle cash. Net yield, liquidity, what backs your principal, and how much hassle is involved. Yields shown are typical for 2025; individual instruments will vary.
I sold a subsidiary in early 2023 and had S$2.5M sitting in our corporate account at 0.05% for nearly a year. We meant to deploy it but never quite got there. Once we moved 60% into Kilde across a ladder of 3-, 6-, and 12-month deals, we had income coming in monthly with rungs maturing every quarter. The other 40% stays liquid for opportunities. I should have done it twelve months earlier — that year cost us about S$120,000 in foregone yield.
Honest answers
MMFs are a fine parking spot — more liquid than us (T+2 redemption) and reasonable yield, net of fund-level fees. They're constrained by what they can hold: short-dated bank paper and government securities. Kilde sits a rung further up the risk-return ladder: senior-secured private credit with real collateral, paying meaningfully more, with maturities matched to how long you're willing to set the cash aside. For idle cash beyond what you'd keep in an MMF for operational liquidity, the trade is usually worth it. We'd suggest holding both, not picking one.
T-bills via the MAS auction are an excellent ultra-safe option for parking cash 3–6 months — particularly if government-credit is what you want at the safe end of the curve. Use them for that slice. Kilde is for the capital you're willing to leave to work for 6, 12, or 24 months at a yield that meaningfully exceeds the safe end of the curve, in exchange for taking senior-secured exposure to a more interesting borrower set.
SingPass onboarding takes about ten minutes — MyInfo pulls verified data and accreditation is confirmed in the same flow. Once your account is funded (typically same day or next day via FAST), you can allocate to any deal on the platform that day. Most investors earn their first coupon within thirty days of starting onboarding.
Yes — see the ladder section above. Most investors who deploy a meaningful pool split it across 3-, 6-, 12-, and 24-month deals. With four rungs, something matures every quarter. Combined with the scheduled early-redemption windows some deals offer (2–4 per year), most investors have enough freedom of movement without sacrificing the yield.
Tickets start at SGD 100 per deal on the platform, but for the time spent administering to be worth the yield gap, we typically recommend S$100k as a sensible starting pool. Below that, a Multiplier account or a T-bill ladder may serve you just as well. The yield gap genuinely starts to compound meaningfully at S$250k+.
A flat 0.5% per year platform fee on the invested amount. No performance fee, no entry fee, no exit fee, no hidden product spread. The 12.39% trailing 12-month return shown across the site is already net of this fee — what you see in the calculator is what reaches your account.
Same underlying investments, different lens. The monthly income page is for people who want to convert capital into a stable lifetime income. This page is for people who already have cash sitting idle and want to stop the bleeding while they decide what to do with it long term. Many investors arrive here, deploy a ladder for a year or two, and then convert the strategy into a long-term income sleeve once they're comfortable.
Every investment is senior-secured with collateral worth approximately 1.6× the loan, typically diversified consumer or SME loan receivables. You sit first in line for repayment, ahead of every other creditor. Since launch in 2021, after recoveries, Kilde has had 0.0% principal losses to investors. That is a track record, not a guarantee — capital remains at risk.
Kilde holds a Capital Markets Services licence (CMS 101016) issued by the Monetary Authority of Singapore and is an exempted financial adviser. Client funds are held in segregated trust accounts at DBS Bank — not on Kilde's own balance sheet. Were Kilde itself to fail, your assets would not be part of our estate.
Stop watching the meter run. Have a 30-minute conversation
No registration walls, no robo-flow. Speak to a member of our private wealth team about how to deploy your idle cash without locking it all up. Or open an account directly if you'd prefer.