Features of POSB Baby Bonus NETS Card

Perform transactions using your Baby Bonus NETS Card at Approved Institutions (AIs) registered with the Ministry of Social and Family Development (MSF).

List of features

• Perform NETS transactions at Approved Institutions (AIs) registered with the Ministry of Social and Family Development (MSF).
• Check your Child Development Account Balance at any POSB/DBS Cash Machine.
• Deposit Cash into your Child Development Account at any POSB/DBS Cash Deposit Machine.

More information

• Baby Bonus NETS Card cannot be used to make cash withdrawals from Child Development Account.
• Baby Bonus NETS Card cannot be used to apply for POSB/DBS iBanking.
• Funds in the CDA can only be used for payments to Approved Institutions (AIs) registered with the Ministry of Social and Family Development (MSF) via NETS or GIRO.

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