Here are steps to make CPF-OA investments with Endowus:
A CPF Investment Account (CPF-IA) is necessary to invest the monies in your CPF Ordinary Account. Investing your CPF-OA monies with Endowus can be done entirely online seamlessly - from creating your CPF Investment Account (CPF-IA), to linking your CPF-IA to Endowus and investing your CPF-OA monies in our globally diversified, low-cost portfolios.
Step 1: Complete the CPF Self-Awareness Questionnaire
The CPF Investment Scheme Self-Awareness Questionnaire (CPFIS SAQ) contains 20 multiple-choice questions with no pass score.
Step 2: Open a CPF Investment Account with an agent bank
There are 3 agent banks which you can open a CPF-IA account with: UOB, DBS or OCBC. We recommend that you open a CPF IA with an agent bank which you have an existing banking relationship with.
You can open a CPF-IA with UOB completely online by clicking here. (Note: Recommended to use Google Chrome for applying with MyInfo.)
If you are an existing DBS/POSB customer, please complete this online application here.
If you do not have a DBS/POSB account, please open an Account with DBS/POSB here.
- Apply via logging into your existing OCBC online banking here.
- Apply at any OCBC branch and bring along the following documents (Click here for more information):
- NRIC (Singaporeans & PRs)
- Print-out of CPFIS SAQ status
One of the following documents: Phone bill / Half-yearly CPF statement / Any bank statement
Step 3: Look up your CPF Investment Account number and link it to your Endowus account
Find your CPF-IA number and link it to your Endowus Account. Log in to your account on a desktop browser > Go to Linked Accounts > CPF Investment Account. Under CPF Investment Account, you can click on 'Link Account' and input your CPF-IA details. The linkage should be completed within 1 business day.
Step 4: Start investing your CPF-OA monies
After you receive an email confirming that your CPF-IA is linked to your Endowus account, you can start making CPF-OA investment orders in your Endowus Account (we will directly withdraw funds from your CPF OA to fund your investment order). Please refer here to learn how to make a one-time CPF-OA investment.
As a CPFIS Registered Investment Administrator in Singapore, our broker partner UOB Kay Hian can draw the investment amount directly from your CPF-IA and CPF OA to process your CPF-OA investments.
* It is important to remember that any returns you get from investing your CPF-OA monies will go back to your CPF OA.
** Please ensure sufficient funds for investing. If your investment order is rejected due to insufficient funds, the Agent Bank will charge you a fee for processing unsuccessful transactions.