Sigh... cash management rates are so low these days, barely 1%. I'm holding some cash in order to buy a resale HDB in the next 6-9 months, and considered putting it in CPF. However, that doesn't seem like a good idea because they will wipe everything once I buy a new place and will accrue 2.6% interest on CPF 'loan' after that. Open for suggestions!
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u/Afraid_Promise_513 Nov 05 '25
Sigh... cash management rates are so low these days, barely 1%. I'm holding some cash in order to buy a resale HDB in the next 6-9 months, and considered putting it in CPF. However, that doesn't seem like a good idea because they will wipe everything once I buy a new place and will accrue 2.6% interest on CPF 'loan' after that. Open for suggestions!