How to earn more "riks free" from my CPF?

Love it or loathe it, the CPF is something that all Singaporeans and PRs have to accept as a way of life here. Central Provident Fund contributor, While there have been many vigorous discussions about our CPF in recent years. I want to do everthing that I can to increase my returns and make the most of my CPF.

Search other products or providers:

  • user image

    No Name

    Your Ordinary Account earns 2.5% interest per year or the 3-month average of major local banks’ interest rates, whichever is higher.Your Special, Medisave and Retirement accounts earns 4% interest per annum or the 12-month average yield of 10-year Singapore Government Securities plus 1%, whichever is higher From January 2016 onwards, the CPF will now pay an extra 1% interest per annum on the first $30,000 in your CPF accounts. This is on top of the additional 1% interest that is already paid on your first $60,000

    2020.03.24 15:44

    Please leave your knowledge and opinion!

    Related Forums

    What is HSBC's personal loan in brief?

    HSBC Personal Loan

    Why should I invest my money in Singapore?

    Why did the MOM decide to change the money lending laws for foreigners?

    How do I notify my landline provider my change of address?

    How do U apply for a telephone line in Singapore?

    What is Singapore's main landline provider?

    Related Reviews

    Pleasant Rewards

    Citi PremierMiles Visa Card / Citibank Singapore

    In my opinion, this card is one of the best cards in the market especially as there are no expiry date to miles earned and an amazing 2 VIP airport lounge access. I love the fact that the card can be used for major big ticket items and to clock mileage. Redemption can be done easily without hassle and customer service staff are very helpful

    Spa privileges that come with card membership

    American Express Platinum Credit Card / American Express International

    I find it very pleasant and rewarding the Platinum Wellness offerings of the AMEX Express Platinum Credit Card as I get to rest and replenish after a hard week at work. I treat myself to spa privileges that come with my Card Membership with spa vouchers from Adeva Spa, Spa Rael and The Ultimate. I do this one’s a week and enjoy up to 40% off à la carte spa services at Adeva Spa, Spa Rael and The Ultimate. Simply relaxing and feels good to be pampered.

    OCBC Frank Card offers young adults a great, no-fee way to earn cashback from social and online spend

    FRANK Credit Card / Oversea-Chinese Banking Corporation

    OCBC Frank Card stands out for its low minimum spend requirement and annual fee waiver however, it’s not a great match for consumers seeking everyday cashback. Online spend on utilities, recurring bills, and school and hospital payments are all not eligible for rebate. Dining, groceries, and other categories are also not rewarded. Ultimately, OCBC Frank Card offers young adults a great, no-fee way to earn cashback from social and online spend. OCBC Frank Card is definitely worth consideration.

    Looking to maximize on the number of priority pass visits and other privileges

    HSBC VISA Infinite Credit Card / HSBC Bank Singapore

    If you are like me an HSBC Premier client and also a frequent traveller that can maximize the number of priority pass visits, limo and meet-and-assist services as well as your supplementary cardholders too, then this is the card for you. The reduced general mile earn rate is worth the trade-off for the unlimited priority pass memberships, as well as the high number of limo and meet-and-assist services that you can use.

    Complimentary Night Stay a Success

    Citi Cash Back Visa Card / Citibank Singapore

    Very impressed by the complimentary night stay I got after I made bookings for a five nights stay at a resort I spent my birthday at in Malaysia. Even more pleasing was the complimentary golf games at a high quality golf courses in Malaysia. As a matter of fact, I had as much as six complementary golf games.

    Poor and upleasant hotline

    HSBC Revolution Credit Card / HSBC Bank Singapore

    I am a fresh graduate and just started my first job, I signed up for this card due to the onetime $150 cash back reward for $800 spend within the first two months. However for its main monthly rewards, it is nothing to be pleasant about and the hotline is very bad, I even had to hold more than 20 minutes during non-peak hour.