Chocolate Finance SG61 Birthday Booster: An Extra 1% p.a. on Fresh SGD Funds - up to 3% p.a. on first S$20K

Chocolate Finance has been one of the more talked-about cash management options for Singapore-based savers and for its latest promotion, the SG61 birthday booster, Chocolate is layering an extra 1% p.a. on top of its usual returns for newly added SGD, capped at up to S$20,000 of new money and running for 61 days from 1 August to 30 September 2026. To take part you must opt in during the promotion period and top up at least S$5,000 above your starting balance, then keep that balance in place until 30 September 2026.

Download the Chocolate Finance app and opt in for the SG61 birthday booster HERE!

Photo Credit: Chocolate Finance

There are three steps, and the sequencing is important because your "starting balance" is locked before you begin earning the boost.‍ ‍

1. Opt in: existing users opt in through the app; new users download the app, verify with Singpass, and opt in. This must happen between 1 August and 30 September 2026.

2. Note your starting balance: your starting balance is your highest SGD balance during the promotion period before you opt in. Only money added above that figure qualifies.

3. Grow and hold: add at least S$5,000 above your starting balance and maintain it until 30 September 2026. That newly added money earns the boosted rate on up to S$20,000.

Your boosted returns are not paid out immediately. Chocolate credits them to your SGD account 10 business days after the promotion ends on 30 September 2026. The booster adds 1% p.a. to Chocolate's underlying tiered return.

Here is how the qualifying new money stacks up, based on where it sits in your account.

Qualifying new money	Base return	With SG61 booster
Up to S$20,000 (2% p.a. tier)	2% p.a.	3% p.a.
S$20,001 to S$100,000 (1.8% p.a. tier)	1.8% p.a.	2.8% p.a.
Above S$100,000	Actual returns earned	Extra 1% p.a. on actual returns earned

The booster is an extra 1% p.a., but it only runs for up to 61 days, not a full year - the quicker you get in on this promotion, the more days you will have to enjoy the boosted interest rate. On the maximum boosted amount of S$20,000, the incremental 1% p.a. over 61 days works out to roughly S$33 (calculated by using S$20,000 x 1% x 61/365). That is the value of the booster portion alone. Factor in the base 2% p.a. and the total return on that S$20,000 of new money over the 61 days is closer to S$100. So the SG61 booster is a modest sweetener rather than a windfall, and anyone imagining a headline "1%" translating into hundreds of dollars will be leaving that expectation on the table.

That said, S$33 for parking cash you were going to hold anyway is not nothing, and it stacks on a base rate that already compares favourably to most Singapore savings accounts without hoops. The value proposition here is incremental yield on liquid cash, not a hero return. The SG61 birthday booster is a sensible, low-friction promotion for the cash you already keep liquid. If you have S$5,000 to S$20,000 of idle SGD that would otherwise sit in a low-interest account, opting in and topping up is a straightforward way to nudge your return to 3% p.a. for two months, with the caveat that the incremental value of the booster itself is around S$33 at the cap.