CPF Life

CPF Life gives monthly payout, much like rental income from property: Koh Poh Koon

[SINGAPORE] Topping up one’s savings in the Central Provident Fund (CPF) account is akin to investing in a property for a regular source of income in one’s old age.

A 64-year-old retiree said his existing card was cancelled when he tried to increase its credit limit for an overseas holiday.

DBS, OCBC and UOB to recognise CPF Life payouts as income in credit card applications

[SINGAPORE] – Applicants for DBS, OCBC and UOB credit cards will be able to use their CPF Life payouts as proof of income under policy updates by the banks.