CPF interest rates to hold steady from July to September 2025

The floor rates for all CPF accounts, including the Ordinary Account and the Special, MediSave and Retirement Accounts, will remain unchanged.

Singapore’s Central Provident Fund (CPF) interest rates will stay unchanged for the third quarter of 2025, from 1 July to 30 September 2025, according to a joint statement by the CPF Board and the Housing & Development Board (HDB) issued on 22 May 2025.

The latest CPF interest rate details are outlined below

Breakdown of CPF interest rates

• The Special, MediSave, and Retirement Accounts (SMRA) interest rate will remain at the floor rate of 4% per annum. The SMRA interest rate is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, but as this pegged rate is still below 4%, the floor rate continues to apply.
• The Ordinary Account (OA) interest rate will stay at the floor rate of 2.5% per annum. The OA interest rate is pegged below the floor rate of 2.5%.
• The HDB concessionary interest rate for housing loans will remain unchanged at 2.6% per Annum. This rate is pegged at 0.1% above the OA interest rate, which remains at 2.5%.

All interest rates quoted are on a per annum basis.

Extra interest for CPF members

Members will continue to earn extra interest on their CPF savings during this period:

• Members below age 55 will receive an additional 1% interest on the first S$60,000 of their combined CPF balances (capped at S$20,000 for OA).  
• Members aged 55 and above will earn an extra 2% interest on the first S$30,000, and an extra 1% on the next S$30,000 of their combined CPF balances (also capped at S$20,000 for OA).

For those above age 55 who are on CPF LIFE, the extra interest will continue to apply to their combined balances, including the savings used for CPF LIFE. Extra interest earned on OA balances will be credited to the member’s Special Account or Retirement Account.

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