The Assurance Package (AP) will provide around $700 as a form of assistance in 2025 from the government of Singapore to its citizens to cope with the increased cost of living due to the recent GST hike. This guide elaborates on the qualifiers, payment schedule, and steps to receiving the benefits.
You will also discover additional support like MediSave top-ups, U-Save rebates, and CDC vouchers for your extra bucks.
What is this $700 Government Financial Assistance in 2025?
$700 cash payout falls under Singapore’s Assurance Package, which was aimed at alleviating some pressure created by inflation and the increase of GST to 9%. Such support is all the more critical while lower- and middle-income families struggle with their daily costs.
Key Details at a Glance
| Aspect | Details |
|---|---|
| Program Name | Assurance Package (AP) |
| Cash Payout Amount | Up to $700 (December 2025) |
| Eligibility | Singapore Citizens aged 21+ Annual income below $100,000 Owns no more than one property |
| Payment Method | PayNow-NRIC, bank transfer, or GovCash |
| Additional Benefits | MediSave Top-ups, U-Save Rebates, CDC Vouchers |
| Official Website | govbenefits.gov.sg |
Why is the Government Offering This Support?
Singapore’s cost of living has surged due to global inflation and the GST hike. To help citizens cope, the government has rolled out the Assurance Package, which includes:
- Direct cash payouts
- Utility bill rebates
- Healthcare subsidies
- Vouchers for local spending
The program also acknowledges the escalating costs of necessities such as health care, utilities, and daily sustenance. These payouts of $700 are essentially part of a larger package from the years 2022 through 2026, which will range from $700 to $2,250 in total cash grants.
Who Qualifies for the $700 Payout in 2025?
Basic Eligibility Requirements
To receive the December 2025 cash payout, you must:
- Be a Singapore Citizen living in Singapore
- Be aged 21 or above in 2025
- Have an annual income of $100,000 or less (Year of Assessment 2024)
- Own no more than one property
Payout Amounts Based on Income & Property Ownership
| Income & Property Status | Payout Amount |
|---|---|
| Income ≤ $34,000 (1 property or less) | $600 |
| Income $34,001 –$100,000 (1 property or less) | $350 |
| Owns more than one property (any income) | $200 |
Payments will be automatically credited to your bank account or made available via GovCash for those without one.
Additional Financial Support in 2025
Beyond the $700 cash aid, the Assurance Package includes:
1. MediSave Top-Ups (Healthcare Support)
- $150 per year for citizens aged 20 & below or 55 & above
- Total of $450 over three years (2023-2025)
- Disbursement: February 2025
2. U-Save Rebates (Utility Bill Discounts)
- Quarterly rebates for HDB households
- Up to $760 in savings for 2025
- Payout months: January, April, July, October
3. CDC Vouchers (Local Spending Support)
- $500 in May 2025 and $300 in January 2026.
- Use at hawker centres, supermarkets, and local shops
How to Ensure You Receive Your $700 Payout
Follow these steps to avoid delays:
Check Your Eligibility
- Use the SupportGoWhere Calculator to confirm your benefits.
Link Your NRIC to PayNow (Fastest Payment Method)
- Set up PayNow-NRIC via your bank’s mobile app.
Update Your Bank Details (If Not Using PayNow)
- Ensure your account is registered with government agencies.
Collect via GovCash (If No Bank Account)
- Withdraw your payout at OCBC ATMs using GovCash.
Smart Ways to Use Your $700 Payout
Make the most of your financial aid by:
- Paying essential bills (utilities, medical expenses)
- Boosting your MediSave for future healthcare needs
- Upskilling with SkillsFuture credits
- Supporting local businesses with CDC vouchers
Other Government Assistance Schemes in 2025
- Workfare Income Supplement (WIS) – Extra cash for low-wage workers
- Silver Support Scheme – Monthly payouts for the elderly with low savings
- ComCare Assistance – Aid for struggling families
Frequently Asked Questions (FAQs)
Q1: When will the $700 be paid out?
A1: Payments will be made in December 2025.
Q2: How do I check if I qualify?
A2: Use the SupportGoWhere eligibility checker.
Q3: What if I don’t have a bank account?
A3: You can collect your money via GovCash at OCBC ATMs.
Q4: Do I need to apply?
A4: No, payments are automatic for eligible citizens.