We’ve launched a new feature in the　mycpf　mobile app! If you’re considering topping up to your CPF account or that of your loved ones this festive season, here’s a new and convenient way to do it, even on the go!
You can now use the　mycpf　mobile app to top up in cash to your own Special Account (SA)/ Retirement Account (RA) or that of your loved ones. Similarly, you can also conveniently transfer your Ordinary Account (OA) savings to your own SA/ RA or to your loved ones’ SA/ RA.
Savings in your CPF can earn an interest of up to 5% per year if you are below age 55 and up to 6% if you are age 55 and above^. Grow your own and your loved ones’ savings faster with this risk-free interest from CPF!
Tip: Top up to your own or your loved ones’ CPF before 31 Dec 2018
to receive tax relief up to $7,000* a year for the Year of Assessment 2019.
Download the　mycpf　mobile app to top up!^This interest rate includes an extra 1% interest paid on the first $60,000 of your combined CPF balances, with up to $20,000 from the OA. From age 55, you will also earn an additional 1% interest, up to 6%, on the first $30,000 of your combined CPF balances.
*Top-ups under the RSTU Scheme are irreversible and irrevocable. Terms and conditions apply. For more information, please refer to the　CPF website.
Topping up with PayNow QR Want a faster way to make a cash top-up? You can now make payment easily through PayNow QR. That way, your cash top-up to yourself or your loved ones can be credited in just one working day!
Simply follow these steps to submit your application for a cash top-up and pay with PayNow QR:
1.　Log in to　mycpf　Online Services with your SingPass
2.　Submit an application via My Requests > Building Up My/ My Recipient’s CPF Savings
3.　Log in to your bank’s mobile app
4.　Scan the QR code generated with your bank’s mobile app
Top up using PayNow QR