Any thoughts on using CPF to earn interest? Will I still earn good interest if I pump cash into my CPF monthly?

Reason being my CPF will still be the main bank for HDB is because of the unstable disposable amount?

Discussion (1)

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Jiayee

06 Jan 2021

Salaryman at some company

I will only top up CPF when there are multiple incentives e.g.

Risk-free interest (especially SA's)
Additional 1% interest (because I just started working in 2019)
Significant tax relief

For housing, I prefer a longer loan to increase cash flow. But if I stay employed, my (+ husband's, don't know if can split the deduction) monthly CPF contributions can cover the instalment.

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During BTO key collection, can I indicate to pay the mortgage using CPF-OA funds but repay my CPF-OA using cash every month / year? Will there still be accrued interest if I repay using cash monthly?

My gf and I are both earning about $3.5k a month ($2.8k after CPF deductions). Should we use cash to finance our BTO loan or should we use CPF?

If my company credits my salary using code "GR", am I still eligible for the interest in DBS Multiplier, provided I do not earn dividends for the month?

I'm 28. After setting aside 12 months emergency fund, do I still need to allocate money to savings? Or should I use my spare cash to invest or top up CPF?

What is the reason why CPF say by topping up your CPF SA in January each year earn more interest? Does that mean other month I will earn less interest?

During BTO key collection, can I indicate to pay the mortgage using CPF-OA funds but repay my CPF-OA using cash every month / year? Will there still be accrued interest if I repay using cash monthly?

My gf and I are both earning about $3.5k a month ($2.8k after CPF deductions). Should we use cash to finance our BTO loan or should we use CPF?

If my company credits my salary using code "GR", am I still eligible for the interest in DBS Multiplier, provided I do not earn dividends for the month?

I'm 28. After setting aside 12 months emergency fund, do I still need to allocate money to savings? Or should I use my spare cash to invest or top up CPF?

What is the reason why CPF say by topping up your CPF SA in January each year earn more interest? Does that mean other month I will earn less interest?