CPF interest rates to remain unchanged from April to June 2026

• CPF interest rates unchanged for 1 April-30 June 2026: OA at 2.5%, SMRA at 4%.
• HDB concessionary loan rate remains at 2.6%, pegged to the OA rate.
  
• Extra CPF interest continues for members below and above 55 on their combined balances.

Interest rates for the Central Provident Fund (CPF) will remain unchanged for the period 1 April to 30 June 2026, according to a joint news release by the CPF Board and Housing & Development Board (HDB) on 11 March 2026.

All interest rates are quoted on a per annum basis.

Interest rate for CPF Special, MediSave and Retirement Accounts

From 1 April to 30 June 2026, the interest rate for the Special, MediSave, and Retirement Accounts (SMRA) will remain unchanged at the floor rate of 4% per annum. This is because the SMRA pegged rate remains below the floor rate of 4%.

The SMRA interest rate is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS), plus 1%.

Interest rate for CPF Ordinary Account and HDB concessionary interest rate

According to the release, the Ordinary Account (OA) interest rate will remain unchanged at the floor rate of 2.5% per annum from 1 April to 30 June 2026, as the OA pegged rate remains below the floor rate of 2.5%.

Correspondingly, the HDB concessionary interest rate for housing loans will remain unchanged at 2.6% per annum, as it is pegged at 0.1% above the OA interest rate.

Extra interest paid on CPF balances

CPF members will continue to earn extra interest on their CPF savings:

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

The extra interest earned on OA balances will be credited to the member’s Special Account (SA) or Retirement Account (RA).

For members aged above 55 who participate in CPF LIFE, the extra interest will continue to be earned on their combined CPF balances, including the savings used for CPF LIFE.

Members who wish to find out more about CPF interest rates and how they are computed will be able to refer to information published by the CPF Board.

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