CPF interest rates unchanged for Q2 2025

Special, MediSave, and Retirement Accounts will stay at 4% per annum.

The Central Provident Fund (CPF) interest rates for the second quarter of the year will remain unchanged. 

The Ordinary Account (OA) interest rate will continue at the floor rate of 2.5% per annum, as the pegged rate remains below this threshold. 

Similarly, the Special, MediSave, and Retirement Accounts (SMRA) will maintain an interest rate of 4% per annum, as the rate pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1% remains below the floor rate. 

The HDB concessionary interest rate for housing loans, pegged at 0.1% above the OA interest rate, will also remain unchanged at 2.6% per annum for the same period. 

CPF members below the age of 55 will continue to earn an additional 1% interest on the first $60,000 of their combined CPF balances, capped at $20,000 for the OA. 

Members aged 55 and above will earn an extra 2% interest on the first $30,000 and an additional 1% on the next $30,000 of their combined balances, with the OA cap also set at $20,000. 

For members participating in CPF LIFE, the extra interest will still apply to their combined CPF balances, including savings used for CPF LIFE. 

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