CPF interest rates for Q3 2026: OA 2.5%, SMRA 4.0%
Current rates for all four CPF accounts — extra interest lifts effective rates to as much as 6.0% on your first SGD 60,000. Q4 2026 rates expected mid-September 2026.
CPF interest rates
Q3 20261 Jul – 30 Sep 2026 · 4% SMRA floor extended to 31 Dec 2026 · Source: CPF Board
Why your effective rate is higher
Below 55, the first SGD 60,000 of your combined balances earns an extra 1% — applied to your Ordinary Account first (capped at SGD 20,000), then Special, then MediSave.
Five years of CPF rates
What will your balances earn?
Enter your current balances — extra interest tiers for below 55 are applied automatically.
| Account | Balance | Base | Extra | Effective |
|---|---|---|---|---|
| OA · Ordinary | SGD 45,000 | SGD 1,125 | +SGD 200 | 2.94% |
| SA · Special | SGD 28,000 | SGD 1,120 | +SGD 280 | 5.00% |
| MA · MediSave | SGD 32,000 | SGD 1,280 | +SGD 120 | 4.38% |
How CPF interest works
Rates are reviewed every quarter. The OA rate is pegged to the 3-month average of major local banks' interest rates, with a 2.5% floor. SA, MA and RA rates are pegged to the 12-month average yield of the 10-year Singapore Government Security plus 1%, with a 4% floor — currently extended to 31 December 2026.
Members below 55 earn an extra 1% on the first SGD 60,000 of combined balances (capped at SGD 20,000 from the OA). Members 55 and above earn an extra 2% on the first SGD 30,000 and 1% on the next SGD 30,000. That lifts effective rates to 5% below 55, and up to 6% at 55 and above.
Interest is computed monthly on your lowest balance for the month, then credited and compounded annually — it appears in your account by 1 January of the following year.
The HDB concessionary loan rate is pegged at 0.1% above the OA rate. With the OA at 2.5%, the HDB loan rate stays at 2.6% per annum.
The Special Account closed for members aged 55 and above in January 2025. SA savings were transferred to the Retirement Account up to the Full Retirement Sum, with the remainder moved to the Ordinary Account.
For employees aged 55 and below, 37% of CPF-payable wages — 17% from the employer and 20% from the employee — on the first SGD 8,000 of monthly wages, with lower rates at older ages. See the full table by age, PR graduated rates and a contribution calculator on our CPF contribution rates page.
CPF Board and HDB announce each quarter's rates about two weeks before the quarter starts. Q4 2026 rates (1 Oct – 31 Dec) are expected in mid-September 2026.
Important Disclaimer
For educational and informational purposes only. This page produces estimates based on the inputs provided and the official CPF Board interest rates for Q3 2026 (1 July – 30 September 2026): 2.5% per annum on the Ordinary Account, 4.0% per annum on the Special, MediSave and Retirement Accounts, and a 2.6% per annum HDB concessionary loan rate. Extra interest of 1% applies on the first SGD 60,000 of combined balances for members below 55 (capped at SGD 20,000 from the Ordinary Account), and 2% on the first SGD 30,000 plus 1% on the next SGD 30,000 for members aged 55 and above. The 4% floor rate on the Special, MediSave and Retirement Accounts has been extended to 31 December 2026. Interest is computed monthly on the lowest balance each month and credited annually.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (CPF Board, MAS, HDB), this page is provided “as is” without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. CPF interest rates are reviewed every quarter and may change — figures shown may be out of date, and individual circumstances such as monthly contributions, withdrawals, account transfers, housing usage, or Retirement Sum top-ups not captured by the inputs may materially affect actual interest earned.
Not financial advice. Information provided is general in nature only and does not take into account your personal objectives, financial situation, or needs. Results do not constitute financial, tax, or legal advice and use of this page does not create an advisory relationship. Before relying on any figure shown, obtain personalised advice from a financial adviser licensed by the Monetary Authority of Singapore, or seek guidance directly from the CPF Board.
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