Savings in the Ordinary Account (OA) earn the 3-month average of major local banks’ interest rates, subject to the legislated minimum interest of 2.5% per annum. This is reviewed quarterly.

Savings in the Special, MediSave and Retirement Account (SMRA) earn the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, subject to the current floor interest rate of 4% per annum. This is reviewed quarterly.

Please refer to the CPF interest rates and MOF website for more information.

Computation of CPF OA Interest Rate and HDB Mortgage Rate for 1 July 2026 to 30 September 2026

Average banks' interest rate from February 2026 to April 2026	0.32% (see note)
CPF OA interest rate for July 2026 to September 2026	2.50% per annum (legislated minimum rate)
Plus: Fee to cover Cost of Loan Administration	0.10%
HDB mortgage rate for July 2026 to September 2026	2.60% per annum

Note:

	12-month deposit rate (% per annum)			Savings Rate (% per annum)			Average (% per annum)
Month / Year	DBS¹	OCBC²	UOB³	DBS⁴	OCBC⁵	UOB⁶	Using the 80FD:20SD formula
28 February 2026	0.0500	0.1000	1.0000	0.0500	0.0500	0.0500	0.3167
31 March 2026	0.0500	0.1000	1.0000	0.0500	0.0500	0.0500	0.3167
30 April 2026	0.0500	0.1000	1.0000	0.0500	0.0500	0.0500	0.3167

¹Balances of $20,000 to < $50,000
²Balances > $20,000 to $50,000
³Balances < $50,000
⁴Balances > $10,000 to $100,000 (AUTO-SAVE Account)
⁵Entire Account Balance (EASI-SAVE Account)
⁶Balances > $15,000 to $100,000 (UNIPLUS Account)

Computation of CPF SMRA Interest Rate for 1 July 2026 to 30 September 2026

Average yield of 10YSGS from May 2025 to April 2026	2.09%
Plus: 1.00%	1.00%
Computed CPF SMRA interest rate for July 2026 to September 2026	3.09%
CPF SMRA interest rate floor for July 2026 to September 2026	4.00%
CPF SMRA interest rate for July 2026 to September 2026	4.00% per annum

Source: Yields of 10-Year Singapore Government Securities are obtained from mas.gov.sg/bonds-and-bills

Central Provident Fund

5 articles in

What are the CPF interest rates?

Will the interest rates on savings in the Special, MediSave and Retirement Account be maintained at a floor rate?

How is my CPF interest computed and credited into my accounts?

How are CPF interest rates determined?

How much extra interest can I earn on my CPF savings?

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