Will SkillsFuture Credit expire if you don’t take up certain courses?

SkillsFuture Singapore debunked rumours that SkillsFuture credit will expire and that the credit can only be used for certain courses, in a statement on their Facebook page yesterday.

The organisation revealed that it has received reports that individuals have been going door to door spreading false information about the SkillsFuture scheme. It also urged members of the public to be vigilant against salespersons who use gimmicks such as lucky ddraws and freebies – marketing practices that the organisation does not use:

“It has come to our attention that individuals are going door to door asking Singaporeans to sign-up for courses using their SkillsFuture Credit, claiming that their Credit will expire and they will not be eligible for subsequent top-ups.

“This is false information. Here are 2 important facts about the SkillsFuture Credit.

“1. There is no expiry date on the SkillsFuture Credit 
2. The SkillsFuture Credit can be used for ANY course in the Training Exchange in myskillsfuture.sg

“SSG has strict marketing guidelines that all Training Providers MUST follow. This includes not using gimmicks such as lucky draws and freebies to promote their programmes, or the use of misleading marketing techniques. SSG takes this very seriously and will not hesitate to act against those who contravene our guidelines and terms on the use of SkillsFuture Credit.”