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The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents' decision to have more children by helping to lighten the financial costs of raising children. The Baby Bonus Scheme consists of two components - a cash gift and a Child Development Account.
- Home [www.babybonus.msf.gov.sg]
Cash Gift and Child Development Account (CDA) Join Baby...
- Services - Ministry of Social and Family Development
The Baby Bonus Scheme, which was introduced on 1 April 2001,...
- Home [www.babybonus.msf.gov.sg]
Cash Gift and Child Development Account (CDA) Join Baby Bonus to get a cash gift and open a CDA – a special savings account which can be used for your child’s educational and healthcare expenses at Baby Bonus Approved Institutions.
The Baby Bonus Scheme helps you manage the costs of raising a child. It comprises the (i) Baby Bonus Cash Gift (BBCG) and (ii) Child Development Account (CDA) benefits comprising First Step Grant and Government co-matching of parents’ savings.
Sign up for an OCBC Child Development Account (CDA) and receive a S$10 Shopee voucher*. You also stand to win a Shopee voucher worth S$300^ for baby necessities. Apply now!
The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents' decision to have more children by helping to lighten the financial costs of raising children. The Baby Bonus Scheme consists of two components - a cash gift and a Child Development Account.
Baby Bonus account services. You can switch your child’s Child Development Account (CDA) and Child Savings Account (CSA) to another bank, change joint account holder and account trustee, or update any other CDA and CSA-related information.
The Baby Bonus Scheme is a Government Scheme administered by the Ministry of Social and Family Development (MSF) to help parents manage the costs of raising children. It comprises a cash gift and Government contributions into the Child Development Account (CDA), which will be opened for your child.
