Endowus SRS Account 2026: How to Invest Your SRS Funds With Endowus
A step-by-step guide to Endowus’s Cash Smart, Flagship and Fund Smart SRS portfolios — fees, tax savings, and how they stack up against Syfe and just leaving your SRS balance idle.
Leaving your Supplementary Retirement Scheme (SRS) balance uninvested earns just 0.05% p.a. — barely above zero. Endowus lets you invest that idle SRS cash directly in Cash Smart, Flagship, or 140+ Fund Smart funds, without withdrawing it first, all for a flat 0.40% p.a. access fee.
This is not financial advice. Do your own due diligence, and consider speaking to a licensed financial adviser before investing your SRS funds.
TL;DR: Endowus offers three SRS-eligible options — Cash Smart (1.2%-2.3% p.a., low risk), Flagship Portfolios (globally diversified, long-term), and Fund Smart (build your own from 140+ SRS-eligible funds). SRS/CPF investments are charged a flat 0.40% p.a. access fee for multi-fund portfolios (0.30% for single-fund, 0.15% for Cash Smart) — no agent bank charges apply to SRS. You’ll still need an SRS account with DBS, OCBC or UOB first. Contributing up to S$15,300/year can save you S$1,071-S$2,754 in tax, regardless of what you invest in afterward.
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What Is the Supplementary Retirement Scheme (SRS)?
The Supplementary Retirement Scheme (SRS) is a voluntary savings scheme run by the Singapore government to help you save more for retirement, on top of CPF. You open an SRS account with one of three banks — DBS/POSB, OCBC or UOB — and contribute cash into it.
Every dollar you contribute reduces your taxable income for that year, dollar for dollar, up to a personal income tax relief cap of S$80,000. Singaporeans and PRs can contribute up to S$15,300 a year; foreigners working here can contribute up to S$35,700 a year. That upfront tax relief is the main reason people open an SRS account in the first place.
The catch: money left sitting in your SRS bank account only earns 0.05% p.a. — roughly the same as leaving cash in a basic savings account. To make your SRS balance actually work for your retirement, you need to invest it. That’s where a platform like Endowus comes in.
You should know upfront that only 50% of your eventual SRS withdrawals are taxable at retirement, and withdrawals before the statutory retirement age (63 for those who joined SRS before 1 Jul 2022, and gradually rising for later joiners) attract a 5% penalty plus full taxation. Our SRS Account Interest Rate guide (linked below) covers the full picture on how idle SRS interest works and why it isn’t the full story.
Which Endowus Portfolios Accept SRS Money?
Endowus is Singapore’s only MAS-licensed digital wealth platform that lets you invest CPF Ordinary Account, CPF Special Account, SRS, and cash all from one account. For SRS specifically, you get three broad options, depending on how soon you’ll need the money and how much risk you want to take:
| Portfolio | Best For | Illustrative Yield/Return |
|---|---|---|
| Cash Smart | Short-term, low-risk parking of idle SRS cash | 1.2%-2.3% p.a.* |
| Flagship Portfolios | Long-term (3+ years), globally diversified growth | Historically ~4%-7% p.a.* |
| Fund Smart | Investors who want to pick their own funds from 140+ SRS-eligible options | Varies by fund chosen |
*Not guaranteed. Cash Smart yields as of 30 Jun 2026; Flagship figures are illustrative and historical, not a forecast. Source: endowus.com, Jul 2026.
Popular Fund Smart picks in the SRS Collection include the Amundi Prime USA Fund, Dimensional Global Core Equity Fund, and PIMCO GIS Global Bond Fund — all accessed at institutional share-class pricing, with 100% of any trailer fees cashed back to your SRS account. There’s a minimum initial investment of S$1,000 across Endowus generally.
How to Invest Your SRS Funds With Endowus (Step-by-Step)
Endowus keeps the SRS onboarding process to four steps, and most of it happens inside the app once your accounts are linked:
- Open an SRS account with an agent bank. If you don’t already have one, register with DBS/POSB, OCBC or UOB online. You must be at least 18, not an undischarged bankrupt, and either a Singaporean, PR, or foreigner working in Singapore.
- Create your Endowus account. Sign up online with Singpass — Endowus says this takes under 5 minutes.
- Link your SRS account number. In the Endowus app, go to fund transfers and link your SRS bank account number so Endowus can pull funds from it.
- Choose your portfolio and invest. Pick Cash Smart, a Flagship Portfolio, or build your own via Fund Smart, then submit your investment instructions. Existing clients can add SRS as a new goal or attach it to an existing one via “Invest / Redeem”.
One thing worth flagging: if you already contributed to SRS this year but haven’t invested any of it yet, that idle cash keeps earning 0.05% until you actively move it into a portfolio — contributing and investing are two separate steps, and Endowus won’t do the second one automatically for you.
Endowus SRS Fees
Endowus prices SRS investments separately from Cash investments — your SRS balance doesn’t combine with your Cash portfolios for fee-tier purposes, and there’s no agent bank charge on SRS (unlike CPF OA, which does carry one). Here’s the flat-rate SRS fee schedule as of July 2026:
| SRS Product | Endowus Access Fee (p.a.) |
|---|---|
| Cash Smart (SRS) | 0.15% flat |
| Flagship / Income / ESG / Fund Smart with 2+ funds | 0.40% flat |
| Fund Smart, single fund | 0.30% flat |
Source: endowus.com/pricing, verified Jul 2026. Fees are before 9% GST and exclude fund-level fees (TER), which are embedded in each fund’s NAV.
Two extra costs to know about: the Endowus Fee is subject to 9% GST, and if you transfer a fund out within 6 months of buying it (a rule effective from 10 November 2025), you’ll pay a USD 100 per-fund transfer-out fee. Fund-level fees (the Total Expense Ratio charged by fund managers like PIMCO or Dimensional) sit on top of the Endowus Fee but are already priced into each fund’s daily NAV — you won’t see them as a separate deduction. For a full breakdown of how Endowus fees work across CPF, SRS and Cash, see our Endowus Review 2026, linked below.
SRS Cash: Idle vs Endowus vs Syfe vs T-Bill vs Fixed Deposit
If your only goal is to stop your SRS cash earning 0.05%, Endowus Cash Smart isn’t your only option. Here’s an honest side-by-side against Syfe’s SRS-eligible Cash+ Flexi, a 6-month T-bill, and a 6-month fixed deposit:
| Option | Rate | Guaranteed? |
|---|---|---|
| Idle SRS (DBS/OCBC/UOB) | 0.05% | Yes |
| Endowus Cash Smart (SRS) | ~1.2%-2.3%* | No — projected |
| Syfe Cash+ Flexi (SRS) | ~1.5%-1.6%* | No — projected |
| 6-Month T-Bill | ~1.45%-1.46% | Yes |
| 6-Month Fixed Deposit | ~1.6% | Yes (early withdrawal penalty) |
*Not guaranteed, not a bank deposit product. Endowus Cash Smart yield range as of 30 Jun 2026. Rates as at Jul 2026, subject to change.
The honest takeaway: Endowus Cash Smart’s upper range (2.3%) can beat a T-bill or fixed deposit, but the lower end of its range (1.2%) can lag behind them. Unlike a T-bill or FD, none of these yields are guaranteed — they’re money-market and short-duration bond fund returns, which move with rates. If you want a locked-in, guaranteed return and don’t mind a 6-month wait to access the cash, a T-bill or FD inside SRS may suit you just as well. If you want flexibility with no lock-in and are comfortable with a fluctuating (not guaranteed) yield, Cash Smart or Cash+ Flexi make more sense. See our full Syfe SRS Account guide, linked below, if you’re weighing both platforms side by side.
SRS Tax Savings Worked Example
Before you even think about which portfolio to choose, remember the core benefit of SRS: the upfront tax relief. Every dollar contributed lowers your taxable income for that year, up to S$15,300 for Singaporeans/PRs (S$35,700 for foreigners). That saving happens the moment you contribute — it applies whether you invest the money with Endowus, leave it uninvested, or move it elsewhere.
| Chargeable Income Bracket | Marginal Tax Rate | Tax Saved on Max S$15,300 Contribution |
|---|---|---|
| S$40,001 – S$80,000 | 7% | ~S$1,071 |
| S$80,001 – S$120,000 | 11.5% | ~S$1,760 |
| S$120,001 – S$160,000 | 15% | ~S$2,295 |
| S$160,001 – S$200,000 | 18% | ~S$2,754 |
Based on 2026 IRAS resident tax brackets. Actual savings depend on your full chargeable income and other reliefs — use the IRAS SRS relief page or a tax advisor to confirm your exact figure.
That’s tax-deferred growth: your original contribution already saved you tax, and only 50% of what you eventually withdraw at retirement is taxable. Investing the balance on top of that, instead of leaving it at 0.05%, is what turns a one-time tax break into a genuinely useful retirement asset. Our CPF Investment Strategy guide (linked below) covers how to sequence SRS investing alongside your CPF OA and SA strategy, and our free Retirement Planning Calculator (also linked below) can help you model how SRS contributions fit into your broader retirement number.
Pros and Cons
| Pros | Cons |
|---|---|
| Flat, transparent SRS fees (0.15%-0.40%) with no agent bank charge | Cash Smart and Flagship yields/returns are illustrative, not guaranteed |
| 140+ SRS-eligible funds via Fund Smart if you want to DIY | SRS balance doesn’t combine with Cash portfolios for better fee tiers |
| 100% trailer fee cashback and institutional share-class access | USD 100 per-fund transfer-out fee if sold within 6 months |
| One account to manage CPF, SRS and cash together | Endowus Fee subject to 9% GST on top of the quoted rate |
Ready to Stop Your SRS Cash Earning 0.05%?
Sign up with Endowus using referral code 2V343 to get started with Cash Smart, Flagship, or Fund Smart for your SRS funds.
Frequently Asked Questions
Can I invest my entire SRS balance with Endowus?
Which SRS bank account do I need to use with Endowus?
What's the flat SRS fee on Endowus?
Does investing my SRS funds with Endowus affect my SRS tax relief?
Is Endowus Cash Smart (SRS) the same as a fixed deposit?
How is Endowus different from Syfe for SRS investing?
What happens if I already have SRS money invested elsewhere, like a unit trust with my bank?
Are Endowus's SRS portfolio returns guaranteed?
What is the SRS Collection on Fund Smart?
Do I pay an agent bank charge on SRS investments through Endowus?
This article was researched with the help of AI. While we strive to keep all information accurate and up to date, there may be errors. If you notice any discrepancies, please contact us.
