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Anonymous
And anyone can share how do I manually transfer the amount upon tbill maturity back to cpf-oa immediately? Can I set a auto giro in advance? (Otherwise i saw it willl take about 2 days for it to be back to cpf-oa?). Thank you!!
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Anonymous Poster
05 Jun 2023
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Yes, ex 2
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Man of the Hour
04 Jun 2023
Man at Man of the Hour
Yes dump everything over 20k in. No regrets.
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Keep 20k in CPF OA as its interest rate is 3.5%.
As for the 80k, just do it. If you think Tbills interest rate may climb higher, then perhaps you can try 40k this round and 40k next round.
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If have no short term use, $80k into t bill....
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Hi! Does it mean that if I submit application using $80k cpf-oa, bidding at competitive rate of 3.8%, if I manage to get this, it will be better off than leaving in CPF? Thanks :)