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  1. The CSA is designed to provide every child with a personal bank account, to conveniently receive Government disbursements like Baby Bonus Cash Gift, excess CDA balance, education awards and financial awards through electronic payments.

    • My Account

      Deposit Insurance Scheme Singapore dollar deposits of non...

    • Selected Retailers

      The POSB Baby Bonus Nets Card has to be presented upon...

    • Activate Now

      You are in Personal Banking Personal Banking DBS POSB Wealth...

    • Kids Protect

      No, this is a personal accident policy that covers your...

    • Children

      Learn how you can prepare for it from POSB Singapore’s...

    • CDA

      You will be directed to POSB CDA official website. Login...

  2. If you are the parent of the child and a Singaporean or Permanent Resident (PR), you can open the CDA online. When you log in to Baby Bonus Online (BBO) to join the scheme, you will need to indicate the CDA trustee. If you indicate yourself as the CDA trustee, you can proceed to select POSB/DBS Bank and accept the Terms and Conditions of the ...

  3. You will be directed to POSB CDA official website. Login with your IB credentials. Follow the steps for CDA opening. Check trustee and child’s information and submit the application. The CDA will be automatically opened instantly after the CDA trustee accepts the Terms and Conditions online.

  4. 21 cze 2023 · Child Development Account (CDA) refers to a special savings account that's under the Baby Bonus Scheme as a token of gratitude for contributing to the nation's desperate birthrate. The aim of the scheme is to provide financial assurance and support to help parents in offsetting some early childhood expenses.

  5. 1. How do I know if my child is already registered? You can check via PayNow to your child’s NRIC using your digibank app. If your child is registered, his PayNow nickname will display on the screen. 2. Can I link my child’s PayNow to a CDA account?

  6. Change your POSB Smiley Child Development Account Trustee by logging in to MSF's Baby Bonus Portal with your Singpass.

  7. 31 sie 2023 · In order to receive these funds, you need to open a CDA with one of the three local banks – OCBC, UOB and POSB. Read Also: Step-by-Step Guide To Opening A Child Development Account (CDA)

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