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HL Low

02 Oct 2021

CPF

How easy to use our CPF OA to invest using Endowus? How fast is the withdrawal like when you need the CPF OA to purchase house?

Hi,

I would like to understand how easy is it to use our CPF OA amount to invest using Endowus?

As compare to the CPF OA interest 2.5% pa, is Endowus perform better if we invest using Endowus?

How fast is the withdrawal back to CPF OA account, if you intended to use this amount to buy a house in 3yrs time?

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Tan Choong Hwee

Edited 02 Oct 2021

Solutions Specialist at Providend

It is pretty easy to invest using CPF OA in Endowus. If you have your own CPFIS Investment account, just link it in Endowus; if not, Endowus will open an UOB investment account for you as part of the account opening process. Then you just set up a goal to invest in their advised portfolio for CPF and you are done.

Endowus will show you the performance chart for various return projection. Typically better returns than OA 2.5% pa.

Sell and withdraw your OA investment takes about 6-8 business days:

https://endowus.com/support/360000663893-how-do...

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