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Jan 20, 2010

CPF Rate

CPF Rate

Singapore Savings Account Rates presents the latest CPF rate.

Interest Rate For Ordinary Account (OA) CPF Rate

The Board will continue to pay the CPF rate of 2.50% interest per annum for members’ CPF savings in their OA from 1 January 2010 to 31 March 2010.

The computed CPF rate derived from the major local banks’ interest rates for the three-month period, 1 August 2009 to 31 October 2009, worked out to be 0.42 % per annum. However, the higher rate of 2.50% will be paid as the CPF Act provides for a minimum CPF rate of 2.50% per annum.

Check out our site for more CPF rate updates or the Central Provident Fund Board CPF Board for the latest news on CPF rates.


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Singapore Savings Account Rates.

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