In 2025, the Singapore Government will roll out the S$700 SG Bonus to help citizens manage everyday expenses amid rising living costs. This one-time payout is part of the Cost-of-Living Support Package and will benefit millions of Singaporeans.
The payout will be automatically credited to eligible citizens, making the process seamless and hassle-free.
Who Qualifies for the S$700 SG Bonus?
To receive the payment, you must meet these criteria:
- Singapore Citizen – Only Singapore citizens are eligible.
- Age Requirement – Must be 21 years old or above in 2025.
- Residency – Must be residing in Singapore during the qualifying year.
- Income & Property – Higher-income earners and those with multiple properties may get a reduced amount or be excluded.
- Bank Details Updated – Linking your NRIC to PayNow ensures faster payment.
Payout Dates for 2025
The SG Bonus will be disbursed in December 2025 through different methods:
| Payment Method | Expected Date |
|---|---|
| PayNow-NRIC | Early December 2025 |
| Direct Bank Transfer | Mid-December 2025 |
| GovCash | Late December 2025 |
How the Money Will Be Paid
Eligible citizens will receive the S$700 SG Bonus through:
- PayNow-NRIC – Fastest and most secure option.
- Direct Bank Transfer – For those without PayNow-NRIC, funds go directly into bank accounts.
- GovCash – For recipients without bank accounts, cash can be collected from OCBC ATMs with Singpass.
Why This Matters
The S$700 SG Bonus will provide meaningful financial relief for day-to-day essentials like groceries, transport, and utilities. It complements other support measures such as GST Voucher, CDC Vouchers, and U-Save rebates.
Quick Reference Table
| Detail | Information |
|---|---|
| Amount | S$700 |
| Year | 2025 |
| Eligibility | Singapore citizens aged 21+ |
| Disbursement Period | December 2025 |
| Payment Methods | PayNow-NRIC, Bank Transfer, GovCash |
| Purpose | Cost-of-living support |
Official Source
For detailed eligibility and updates, visit the Ministry of Finance Singapore website.
FAQs
Q1: Do I need to apply for the S$700 SG Bonus?
A: No, eligible recipients will get it automatically.
Q2: Can I get my payout earlier?
A: Yes, link your NRIC to PayNow before disbursement.
Q3: What if I don’t have a bank account?
A: You can collect it in cash via GovCash at OCBC ATMs using Singpass.