Reference
Singapore Rates Reference
Every Singapore rate and figure the SGfi calculators rely on, in one place — grouped by category, each figure stated with its value, the date it was verified, and a link to its official source.
updateLast updated 15 Jul 2026
For reference only. Rates change; verify against the official source before acting. Figures are reproduced from official publications and the SGfi calculator data layer — this is a factual reference, not a ranking or a guide to a course of action.
CPF
The Central Provident Fund is Singapore's mandatory social-security savings scheme. Wages are split between employee and employer contributions and allocated across the Ordinary, Special/Retirement, and MediSave accounts, each earning a government-set interest rate.
Anchor: #cpf
CPF contribution rates by age — Singapore Citizens & PR (3rd year+), wages above S$750/month, 2026
Rates as of 1 Jan 2026·Source: CPF Boardopen_in_new| Age band | Employee | Employer | Total |
|---|---|---|---|
| 55 & below | 20% | 17% | 37% |
| Above 55 to 60 | 18% | 16% | 34% |
| Above 60 to 65 | 12.5% | 12.5% | 25% |
| Above 65 to 70 | 7.5% | 9% | 16.5% |
| Above 70 | 5% | 7.5% | 12.5% |
Permanent Residents in their 1st and 2nd year pay graduated rates; graduated rates also apply to wages of S$50–S$750/month. Full rate tables are implemented in the CPF calculator.
Wage ceilings & limits (2026)
CPF contributions are computed on monthly Ordinary Wages up to this ceiling.
The maximum amount of Ordinary + Additional Wages in a year on which CPF is payable.
The maximum mandatory + voluntary CPF contribution in a calendar year.
CPF interest rates (2026)
Floor rate. Reviewed quarterly by CPF Board.
Floor rate for SA, MA and RA. Reviewed quarterly by CPF Board.
An extra 1% per annum on the first S$60,000 of combined balances (up to S$20,000 from OA).
An extra 2% per annum on the first S$30,000 and an extra 1% on the next S$30,000 of combined balances.
Retirement sums & CPF LIFE (members turning 55 in 2026)
The MediSave cap for members below 65; fixed for life once 65 is reached.
CPF LIFE provides lifelong monthly payouts. Payouts can begin from 65; deferring up to age 70 raises the monthly amount. Three plans are offered: Standard, Basic, and Escalating.
Income tax & GST
Singapore taxes resident individuals on a progressive marginal scale by Year of Assessment (YA2026 covers income earned in 2025). GST is a broad consumption tax charged on most goods and services.
Anchor: #tax
Resident individual income tax — marginal rates, YA2026
Rates as of 30 May 2026·Source: IRASopen_in_new| Chargeable income band | Marginal rate |
|---|---|
| S$0 – S$20,000 | 0% |
| S$20,000 – S$30,000 | 2% |
| S$30,000 – S$40,000 | 3.5% |
| S$40,000 – S$80,000 | 7% |
| S$80,000 – S$120,000 | 11.5% |
| S$120,000 – S$160,000 | 15% |
| S$160,000 – S$200,000 | 18% |
| S$200,000 – S$240,000 | 19% |
| S$240,000 – S$280,000 | 19.5% |
| S$280,000 – S$320,000 | 20% |
| S$320,000 – S$500,000 | 22% |
| S$500,000 – S$1,000,000 | 23% |
| Above S$1,000,000 | 24% |
Each rate applies only to the slice of chargeable income within its band. The top marginal rate is 24% on chargeable income above S$1,000,000.
Goods & Services Tax (GST)
Standard rate on taxable supplies of goods and services; effective 1 January 2024.
Top marginal rate, on chargeable income above S$1,000,000 (YA2026).
Savings, fixed deposits & SORA
High-interest savings accounts pay a low base rate plus bonus interest when qualifying conditions (salary credit, card spend, bill payments) are met, up to a balance cap. SORA is the benchmark money-market rate published daily by MAS.
Anchor: #savings-fd
UOB One Account — base & bonus interest
Rates as of 12 Jun 2026·Source: UOBopen_in_newApplied to the whole balance.
Bonus interest is paid only up to this balance; amounts above earn the base rate.
Bonus interest by condition
- Eligible card spendup to 0.65% p.a.
- Salary creditup to 3.4% p.a.
- 3 GIRO debit transactionsup to 2% p.a.
DBS Multiplier Account — base & bonus interest
Rates as of 12 Jun 2026·Source: DBSopen_in_newApplied to the whole balance.
Bonus interest is paid only up to this balance; amounts above earn the base rate.
Bonus interest by condition
- Income + up to 3 categories, by monthly transaction volumeup to 4.1% p.a.
OCBC 360 Account — base & bonus interest
Rates as of 12 Jun 2026·Source: OCBCopen_in_newApplied to the whole balance.
Bonus interest is paid only up to this balance; amounts above earn the base rate.
Bonus interest by condition
- Salary creditup to 1.25% p.a.
- Balance growthup to 0.4% p.a.
- Card spendup to 0.25% p.a.
- Growup to 1.2% p.a.
- Insuranceup to 1.25% p.a.
- Investmentup to 1.25% p.a.
Standard Chartered Bonus$aver Account — base & bonus interest
Rates as of 12 Jun 2026·Source: Standard Charteredopen_in_newApplied to the whole balance.
Bonus interest is paid only up to this balance; amounts above earn the base rate.
Bonus interest by condition
- Salary creditup to 0.9% p.a.
- Card spendup to 0.9% p.a.
- Investmentup to 1.5% p.a.
- Insuranceup to 2.5% p.a.
Benchmark money-market rates
3-month compounded SORA. SORA is published every business day by MAS and changes daily — check the live figure before use.
Fixed deposit rates
Singapore has no single official fixed-deposit benchmark; bank board and promotional rates move frequently. Check the current range published by MAS: MAS domestic interest ratesopen_in_new.
See the savings account optimizer for the full per-account model.
Credit cards — miles & cashback
Singapore miles cards earn miles per dollar (mpd); cashback cards earn a percentage of spend. Both carry an annual fee, a foreign-currency/markup fee on overseas transactions, and a minimum income requirement. Figures below are listed in data-file order and are not ranked.
Anchor: #cards-miles
Miles cards — earn rates & fees
Rates as of 19 Jul 2026·Source: SGfi card data (per-card sources on each review page)open_in_new| Card | Base mpd | Top mpd | Annual fee | FX fee | Min. income (SC) |
|---|---|---|---|---|---|
| Citi PremierMiles Cardas of 19 Jul 2026 | 1.2 | 10 | S$196.20 | 3.25% | S$30,000 |
| Citi Rewards Cardas of 19 Jul 2026 | 0.4 | 4 | S$196.20 | 3.25% | S$30,000 |
| DBS Altitude Visa Signature Cardas of 19 Jul 2026 | 1.3 | 2.2 | S$196.20 | 3.25% | S$30,000 |
| DBS Woman's World Cardas of 19 Jul 2026 | 0.4 | 4 | S$196.20 | 3.25% | S$80,000 |
| UOB PRVI Miles Cardas of 19 Jul 2026 | 1.4 | 8 | S$261.60 | 3.25% | S$30,000 |
| UOB Lady's Cardas of 19 Jul 2026 | 0.4 | 4 | S$196.20 | 3.25% | S$30,000 |
| OCBC 90°N Cardas of 19 Jul 2026 | 1.3 | 7 | S$196.20 | 3.25% | S$30,000 |
| HSBC Revolution Credit Cardas of 19 Jul 2026 | 0.4 | 4 | None | 3.25% | S$30,000 |
| Maybank Horizon Visa Signature Cardas of 19 Jul 2026 | 0.4 | 2.8 | S$196.20 | 3.25% | S$30,000 |
| KrisFlyer UOB Credit Cardas of 19 Jul 2026 | 1.2 | 3 | S$196.20 | 3.25% | S$30,000 |
| American Express Singapore Airlines KrisFlyer Credit Cardas of 19 Jul 2026 | 1.1 | 2 | S$179.85 | 3.25% | S$0 |
| American Express Singapore Airlines KrisFlyer Ascend Credit Cardas of 19 Jul 2026 | 1.2 | 2 | S$397.85 | 3.25% | S$0 |
| Standard Chartered Visa Infinite Credit Cardas of 19 Jul 2026 | 1 | 3 | S$599.50 | 3.5% | S$30,000 |
| Standard Chartered Journey Credit Cardas of 19 Jul 2026 | 1.2 | 3 | S$196.20 | 3.5% | S$30,000 |
| HSBC TravelOne Credit Cardas of 19 Jul 2026 | 1.2 | 2.4 | S$196.20 | 3.25% | S$30,000 |
| OCBC Rewards Cardas of 19 Jul 2026 | 0.4 | 4 | S$196.20 | — | S$30,000 |
| UOB Visa Signature Cardas of 19 Jul 2026 | 0.4 | 4 | S$218 | 3.25% | S$30,000 |
“Top mpd” is the highest published earn rate across the card’s bonus and portal categories. Per-card rates, caps and conditions are on each card review page.
Cashback cards — rates & fees
Rates as of 19 Jul 2026·Source: SGfi card data (per-card sources on each review page)open_in_new| Card | Base rate | Top rate | Annual fee | FX fee | Min. income (SC) |
|---|---|---|---|---|---|
| Citi Cash Back+ Cardas of 19 Jul 2026 | 1.6% | 1.6% | S$196.20 | 3.25% | S$30,000 |
| UOB Absolute Cashback Cardas of 19 Jul 2026 | 1.7% | 1.7% | S$196.20 | 3.25% | S$30,000 |
| Standard Chartered Simply Cash Credit Cardas of 19 Jul 2026 | 1.5% | 1.5% | S$196.20 | 3.5% | S$30,000 |
| HSBC Live+ Credit Cardas of 19 Jul 2026 | 0.3% | 5% | S$196.20 | 3.25% | S$30,000 |
| Citi Cash Back Cardas of 19 Jul 2026 | 0.2% | 8% | S$196.20 | 3.25% | S$30,000 |
| OCBC 365 Credit Cardas of 19 Jul 2026 | 0.25% | 6% | S$196.20 | 3.25% | S$30,000 |
| Maybank Family & Friends Cardas of 19 Jul 2026 | 0.22% | 8% | S$196.20 | 3.25% | S$30,000 |
| DBS Live Fresh Cardas of 19 Jul 2026 | 0.3% | 6% | S$196.20 | 3.25% | S$30,000 |
| CIMB Visa Signature Credit Cardas of 19 Jul 2026 | 0.2% | 10% | None | 3% | S$30,000 |
| UOB One Credit Cardas of 19 Jul 2026 | 0.03% | 6.67% | S$196.20 | 3.25% | S$30,000 |
| Standard Chartered Smart Credit Cardas of 19 Jul 2026 | 0.5% | 10% | S$99.19 | 3.5% | S$30,000 |
| Citi SMRT Cardas of 19 Jul 2026 | 0.3% | 5% | S$196.20 | — | S$30,000 |
| HSBC Advance Credit Cardas of 19 Jul 2026 | 1.5% | 1.5% | S$196.20 | 3.25% | S$30,000 |
| Trust Cashback Credit Cardas of 8 Jun 2026 | 1% | 15% | None | 0% | S$30,000 |
| DBS yuu Visa Cardas of 19 Jul 2026 | 0.25% | 18% | S$196.20 | 3.25% | S$30,000 |
| POSB Everyday Cardas of 19 Jul 2026 | 0.3% | 10% | S$196.20 | 3.25% | S$30,000 |
| Citi M1 Platinum Cardas of 19 Jul 2026 | 0.3% | 5% | S$196.20 | 3.25% | S$30,000 |
| OCBC INFINITY Cashback Cardas of 19 Jul 2026 | 1.6% | 1.6% | S$196.20 | 3.25% | S$30,000 |
| CIMB Visa Infinite Cardas of 19 Jul 2026 | 1% | 2% | None | 3% | S$120,000 |
“Top rate” is the highest published cashback rate across the card’s categories and spend tiers, before minimum-spend and cap conditions. Details are on each card review page.
Housing — income ceilings, grants, loan & stamp duties
Buying an HDB flat turns on four sets of rules: the income ceilings that decide which subsidised flat you can buy, the CPF housing grants (EHG, Family Grant and Proximity Housing Grant) that offset its price, the loan and downpayment limits (HDB concessionary loan, LTV and the MAS MSR/TDSR caps) that cap what you can borrow, and the Buyer's and Additional Buyer's Stamp Duties payable on the purchase.
Anchor: #housing
SGfi property calculators
HDB & EC income ceilings (average gross monthly household income)
Standard, Plus and Prime BTO flats share this ceiling; they differ on subsidy clawback and MOP, not the ceiling.
Singles aged 35+ buying a 2-room Flexi flat under the Single Singapore Citizen scheme.
Highest household income that still qualifies for an HDB concessionary loan (families / extended families); above it, only a bank loan applies.
Full breakdown by flat type, including the resale and EC cases, is in the BTO income-ceiling checker.
CPF housing grants — first-timers (paid into CPF Ordinary Account)
Tapers with income in S$500 bands (families) / S$250 bands (singles). Income ceiling S$9,000 (family) / S$4,500 (single). Applies to new BTO and resale flats.
Singles buying on their own receive half (S$40,000 / S$25,000). Income ceiling S$14,000 (family) / S$7,000 (single).
Singles receive half (S$15,000 / S$10,000). No income ceiling; open to first- and second-timers.
A first-timer family stacking all three on a resale flat can reach about S$230,000 (S$115,000 for singles). Full tapering tables and a per-case estimate are in the CPF housing grant calculator.
HDB concessionary housing loan
HDB concessionary housing-loan rate, pegged at 0.1% above the CPF Ordinary Account rate of 2.5% p.a. (1 July–30 September 2026).
Loan, downpayment & debt-servicing limits (first housing loan)
Maximum housing loan as a share of price or value, for a first HDB or bank loan.
Payable fully in cash and/or CPF-OA — no minimum cash portion.
Caps the monthly HDB/EC housing repayment at this share of gross monthly income.
Caps all monthly debt repayments at this share of gross monthly income.
Minimum rate used to size a bank/FI loan under MSR/TDSR (use the higher of the actual rate and this floor).
Floor HDB uses to compute the eligible concessionary-loan amount (the higher of 3.0% or the CPF-OA rate + 0.1%).
Full LTV requires the loan not to extend past borrower age 65.
See how these set your maximum flat price and the cash you need in the HDB affordability calculator.
Buyer’s Stamp Duty (BSD) — residential, marginal tiers (from 15 Feb 2023)
Rates as of 30 May 2026·Source: IRASopen_in_new| Purchase price / market value | BSD rate |
|---|---|
| First S$180,000 | 1% |
| Next S$180,000 | 2% |
| Next S$640,000 | 3% |
| Next S$500,000 | 4% |
| Next S$1,500,000 | 5% |
| Remaining amount (above S$3,000,000) | 6% |
Additional Buyer’s Stamp Duty (ABSD) — first tiers (from 27 Apr 2023)
Rates as of 30 May 2026·Source: IRASopen_in_new| Buyer profile | ABSD rate |
|---|---|
| Singapore Citizen — 1st residential property | 0% |
| Singapore Citizen — 2nd residential property | 20% |
| Singapore Citizen — 3rd & subsequent | 30% |
| Permanent Resident — 1st residential property | 5% |
| Permanent Resident — 2nd residential property | 30% |
| Foreigner — any residential property | 60% |
ABSD is charged on the purchase price or market value, whichever is higher. Further profiles (entities, trustees, housing developers) and reliefs are detailed on the IRAS source page. Compute BSD and ABSD on a specific price with the stamp duty calculator.
For reference only. Rates change; verify against the official source before acting. Figures here are reproduced from CPF Board, IRAS, HDB, MAS and issuer publications and from the SGfi calculator data layer. SGfi is an educational platform and is not licensed by the Monetary Authority of Singapore.