Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving...
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How to Stop SA to RA Transfer at 55!


How to Stop SA to RA Transfer at 55!

Your monies in CPF Special Account now earns 4% pa while your OA only earns 2.5%. But CPFB will empty your CPF SA into RA at 55. How can you stop this auto transfer of all monies in SA to RA at 55?

Yes, you can do it because there is a big loophole created by CPFB policy makers. If you know the loophole and how to “protect” your SA funds (except 40k) from being automatically transferred to RA on your 55th birthday, you can continue to earn higher interest of 4% on SA balances.

Do I need to explain why having a higher balance in SA is better than a higher balance in OA after 55?

One obvious benefit is you are “guaranteed” of a higher cash inflow from the 4% pa interest on SA which you can either withdraw every year or leave it in SA to compound and snowball into a bigger retirement fund.

So what is the loophole and how can you “protect” or stop CPFB from transferring all your SA monies into RA?


(some people still do not understand the other articles on this topic, so I try to explain in a different way here)

Click to read this:

LIFE@55 What CPFB don't tell you?




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