Source: Bank of Singapore The first thing to get out of the way is probably the number in the title- yes, it’s not 3.88% which is what most readers would have expected. I will explain that later in the blogpost on my unfortunate timing. On 1 March 2023, I proceeded to invest a decent chunk of my excess funds in CPF Ordinary Account (‘OA’) into a time deposit (fixed deposit) at 3.55% for a 5-month tenure. I will share my thought process and some tips on how you can avoid the long queues at the OCBC branches in this article. PROS AND CONS OF INVESTING YOUR CPF OA AT 3.55% ADVANTAGE The only advantage of investing my CPF OA funds at 3.55% is to improve on its current yield. As the funds in CPF OA earns 2.5% p.a., the differential interest margin is 1.05%. I am ignoring the additional 1% interest on the first $60,000 combined balances in CPF because the amount that I have earmarked for this...