Starting August 2025, over 1.5 million eligible Singaporeans will receive financial support of up to $850 in cash and $450 in MediSave top-ups under the GST Voucher (GSTV) scheme, as part of the Singapore Government’s ongoing commitment to help households cope with rising living costs.
What is Being Given
Singaporeans who meet the eligibility criteria will receive:
- Up to $850 in cash, credited directly via PayNow from 6 August 2025
- Up to $450 in MediSave top-ups, credited into CPF MediSave accounts from 11 August 2025
This support is part of the $1.9 billion Assurance Package announced to help lower- to middle-income households manage inflation and rising expenses in 2025.
Who Is Eligible?
To qualify for this round of GSTV payouts:
- You must be a Singapore citizen aged 21 or above in 2025
- Your Assessable Income for Year of Assessment (YA) 2023 must be $34,000 or less
- You must not own more than one property
- You must have an active PayNow account linked to your NRIC (for cash payout)
The MediSave top-ups are primarily meant for seniors aged 65 and above, but some younger Singaporeans with specific eligibility criteria will also benefit.
Payment Timeline
- Cash payout via PayNow: from 6 August 2025
- MediSave top-up: from 11 August 2025
Singaporeans who do not have PayNow linked to their NRIC will receive the cash payout via GovCash or direct bank crediting later in August.
Credit Source: The Straits Times
There is no need to apply if you have previously received GST Voucher payouts. However, to ensure a faster payout, recipients should:
- Link PayNow to your NRIC via your bank account before end July 2025
- Update your bank details on the Singpass portal if needed
- Check CPF statements after 11 August to verify your MediSave top-up
These steps ensure that you do not miss out on the benefits or face delays in payment processing.
Important Reminders
- All cash payouts will be credited via PayNow, so ensure your NRIC is linked to your bank account
- Beware of scams: You do not need to provide banking information or pay any fee to receive these payouts
- Check your Gov.sg SMS notifications or log in to go.gov.sg/gstvouchers using your Singpass for official details
