Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
The eligible withdrawal quantum for MediSave Care is based on the MediSave balance at the point of withdrawal, if the individual has authorised to withdraw the maximum quantum. The table below shows the MediSave balances and corresponding monthly withdrawal quanta.
MediSave Balance | Monthly Withdrawal Quantum |
$20,000 and above | $200 |
$15,000 and above | $150 |
$10,000 and above | $100 |
$5,000 and above | $50 |
Below $5,000 | Nil |
For more FAQs on MediSave Care, please visit the CareShield Life website.
This information is sourced from CPF
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