The Central Provident Fund interest rate will be slightly higher for the Special, MediSave, and Retirement accounts.
The interest rate for these accounts is pegged to the average yield plus 1%. All interest rates mentioned are quoted on a per-annual basis. Correspondingly, the concessionary interest rate for HDB housing loans will also stay the same at 2.6% in the third quarter. This loan rate is pegged at 0.1% above the OA interest rate.Members under 55 will earn an extra 1% interest on the first S$60,000 of their combined account balances, with a cap of S$20,000 for the OA.
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