Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.

Scheduled Maintenance: CPF digital services will not be available on 2 Oct 2022, from 12am to 10am.

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Overview

Enjoy attractive interest on your CPF savings

To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined balances, which is capped at $20,000 for Ordinary Account (OA). 

The extra interest earned on your OA savings will go into your Special Account (SA) or Retirement Account (RA) to enhance your retirement savings. 

If you’re participating in the CPF LIFE scheme, you will still earn the extra interest on your combined CPF balances, including savings used for CPF LIFE.

Learn more about extra interest
Current rates

Earn up to 6% or 5% per annum on your CPF savings

Here are the interest rates your savings could earn across your CPF accounts.


CPF Interest Rates

Rate structure

How are CPF interest rates determined?

More about CPF interest rates

Ordinary Account interest rate


Special Account and MediSave Account interest rates


Retirement Account interest rate


How are CPF savings invested?

Your CPF savings are invested in Special Singapore Government Securities (SSGS) which are guaranteed by the Government. SSGS are non-tradable bonds issued specifically to the CPF Board for the investment of CPF savings.

This ensures that CPF savings are safe, regardless of financial market conditions. The coupon rates which these SSGS earn for the CPF Board match the interest rates that you’ll receive.

More details on MOF website