CPF INTEREST RATES FROM 1 JANUARY TO 31 MARCH 2026 AND BASIC HEALTHCARE SUM FOR 2026

Interest Rate for CPF Special, MediSave and Retirement Accounts

The Special, MediSave and Retirement Account (SMRA) interest rate will remain unchanged at the floor rate of 4% per annum from 1 January to 31 March 2026, as the SMRA pegged rate remains below the floor rate of 4%. The SMRA interest rate is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%.

Interest Rate for CPF Ordinary Account and HDB Concessionary Interest Rate

The Ordinary Account (OA) interest rate will remain unchanged at the floor rate of 2.5% per annum from 1 January to 31 March 2026, as the OA pegged rate remains below the floor rate of 2.5%. Correspondingly, the concessionary interest rate for HDB housing loans, which is pegged at 0.1% above the OA interest rate, will remain unchanged at 2.6% per annum from 1 January to 31 March 2026.

Extra Interest paid on CPF balances

As part of the Government’s efforts to boost the retirement savings for CPF members, CPF members will continue to earn extra interest on their CPF savings. For members aged below 55, they will earn extra 1% interest on the first $60,000 of their combined balances (capped at $20,000 for OA). For members aged 55 and above, the Government pays an extra 2% interest on the first $30,000 of their combined balances (capped at $20,000 for OA), and an extra 1% on the next $30,000. 

The extra interest earned on the OA balances will go into the member’s Special Account or Retirement Account. If a member is aged above 55 and participates in CPF LIFE, the extra interest will still be earned on his or her combined CPF balances, which includes the savings used for CPF LIFE.

Basic Healthcare Sum for 2026

The Basic Healthcare Sum (BHS) is the estimated Medisave savings one is expected to require for basic subsidised healthcare needs in old age. The BHS is adjusted yearly for members below age 65 to keep pace with rising healthcare consumption. Once members reach age 65, their BHS will be fixed for the rest of their lives.   

From 1 January 2026,

1.     For members below 65 years old, their BHS will be raised from $75,500 to $79,000.

2.     For members who turn 65 years old in 2026, their BHS will be fixed at $79,000 and will not change thereafter.

Members aged 66 years and above in 2026 will not be affected by this change as their cohort BHS has already been fixed and will remain unchanged.

Members can make contributions to the MediSave Account (MA) up to their applicable BHS. MediSave contributions in excess of a member’s BHS will be automatically transferred to his or her other CPF accounts.

CPF members who have less than the BHS can still withdraw from their MA to pay for approved medical expenses and are not required to first top up their MA.

For more information on the BHS for the respective cohorts, please visit cpf.gov.sg/BHS ↗ (opens in new tab).

Public Enquiries

For more information on CPF interest rates and their computation, please visit CPF Interest Rates ↗ (opens in new tab).