Interest rate on CPF Special, MediSave and Retirement accounts remains at 4% for Q3 2025

CPF members below 55 will continue to earn an extra 1 per cent interest on the first $60,000 of their combined account balances. ST PHOTO: NG SOR LUAN

Sarah Koh

UPDATED May 22, 2025, 11:29 AM

Thanks for sharing!

SINGAPORE – The interest rate on the Central Provident Fund (CPF) Special, MediSave and Retirement accounts (SMRA) will remain unchanged at 4 per cent from July to September 2025 .

Savings in these accounts will earn the floor rate of 4 per cent a year in the third quarter , as the SMRA pegged rate remains below the floor rate, according to a joint statement by the CPF Board and Housing Board on May 22 .

The interest rate is pegged to the 12-month average yield of the 10-year Singapore Government Securities, plus 1 per cent.

The interest rates for the Ordinary Account and for HDB housing loans remain unchanged at 2.5 per cent and 2.6 per cent , respectively.

CPF members below 55 years old will continue to earn an extra 1 per cent interest on the first $60,000 of their combined account balances, capped at $20,000 for the Ordinary Account.

Those aged 55 and above will continue to earn an extra 2 per cent interest on the first $30,000 of their combined balances, capped at $20,000 for the Ordinary Account, and an extra 1 per cent on the next $30,000.

The extra interest earned on the Ordinary Account will go into a member’s Special Account or Retirement Account, said the statement.

More on this Topic

Join  ST's WhatsApp Channel and get the latest news and must-reads.

Thanks for sharing!