Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
The monthly cash withdrawal quantum is based on your MediSave balance, or the maximum withdrawal amount that you set when applying for MediSave Care (whichever is lower).
MediSave Balances and corresponding Monthly Withdrawal Quantum
| 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 ($0) |
If you have received voluntary cash contribution from family members or Government top-ups, and the MediSave balance is in the higher tier once again, your corresponding withdrawal quantum will automatically increase.
This information is sourced from MOH
Related questions
I develop severe disability. Can I withdraw up to $200/month each from my own MediSave and another $200/month from my spouse’s MediSave (i.e. withdrawing a total of $400/month) under MediSave Care?
What is MediSave Care (also known as MediSave Withdrawals for Long-Term Care)?
Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
If my MediSave balance has dropped from $20,000 to $15,000, how much will I be able to receive based on the quantum?
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