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Why is the option to withdraw GovCash only available in $10 denominations and what can I do with my balance GovCash?



Source: https://www.cpf.gov.sg/member

Currently, the minimum withdrawal amount at the ATMs is $10. Hence, GovCash withdrawals can also be made in $10 denominations. If the balance in your GovCash is less than $10, you can accumulate your balance monies before your next withdrawal.

Alternatively, you can also transfer the balance to your PayNow NRIC-linked bank account or utilise them to make payments at any merchants with PayNow/NETS QR code, or transfer to your friends by scanning the PayNow QR code using the LifeSG mobile app. 

This information provided here is sourced from the CPF website.

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