facebookIs there any difference in interest when you top up your CPF SA on 1 January vs 31 January? - Seedly

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Anonymous

04 Jan 2021

CPF

Is there any difference in interest when you top up your CPF SA on 1 January vs 31 January?

Is there any differences in interest when you top up your CPF special account on 1 January vs 31 January?

Discussion (3)

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Elijah Lee

04 Jan 2021

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

There is no difference. They will only start to receive interest in the following month. As long as the money is received by the end of the month, the effect is the same as having the monies received at the start of the month.​​​

Jiayee

02 Jan 2021

Salaryman at some company

To the best of my knowledge, there's no difference as long as you top up within the same month.

The top up amount only earns interest the following month. You may want to top up at the end of the ...

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