At a Glance

Apply for the Smart Buddy to enjoy more features on the Smart Buddy Mobile App (i.e. Savings, Stamps, Allowance). Your child may tap to pay with Smart Buddy at the school bookshop or canteen (participating schools only) or any out-of-school merchants to minimise contact risk.

By applying for Smart Buddy, you’ll be receiving a Smart Buddy Payment Card (without watch). Alternatively, you may purchase a watch on FREE Smart Buddy watches are only available at Smart Buddy Participating Primary Schools

Check out the quick comparison of accepted payments.

Accepted Payments School Smartcard /
EZ–Link Card
Smart Buddy
(Card only)
Top up required? Yes No
Deductions made from? Card's stored value Parent's bank account
Set spending limit? No Yes
(Allowance section)
Monitor expenses on Smart Buddy App Transactions made in Smart Buddy Schools All transactions
(Both in & out of school)
Disable card when lost? Not available on Smart Buddy app Yes
(Child's Profile section)

Get started today by applying for Smart Buddy Card (without watch) !

Not keen on Smart Buddy?

Download Smart Buddy Mobile App to link your child’s School Smartcard / EZ-Link Card to view in-school transactions!


Note: The app is published by Network for Electronic Transfers (SG) Pte Ltd.



$5 Flying Cape eVoucher

Simply make your first 5 transactions with your Smart Buddy watch/card.

Flying Cape is an online booking and advisory platform for all your tuition and enrichment needs. Visit Flying Cape here.

Find out more

Promotion ends : 31 March 2022

Receive an S$18 Ang Bao this Lunar New Year

Open a new My Account for your child online and deposit S$2,000 to get S$18 Lucky Ang Bao.

Terms & Conditions apply.

Promotion ends : 19 February 2022


About POSB Smart Buddy

POSB Smart Buddy is the world’s first in-school savings and payments wearable on your child’s wrist. It lets your child tap to pay in school and at selected merchants, check on balances, and track fitness levels.

As a parent, enjoy greater convenience in managing your child’s allowance and daily expenses.

POSB Smart Buddy can give you some insights.


How does it work?

Smart Buddy Mobile App

  • Manage daily allowance
  • Monitor expenses*
  • Track savings
  • Auto-transfer to kid’s account
  • Set alarms(s) or reminder(s)

*Includes Smart Buddy Watch/Card, School Smartcard and EZ-Link Card.

Smart Buddy Watch or Card

  • Tap and pay
  • Learn about budgeting
  • Set Savings Goal
  • Develop healthy habits
  • Track fitness levels

Click here to view the Smart Buddy Watch (participating schools only) and Card.


About My Account for Kids

As the saying goes, good habits start young. My Account is the first deposit account that you can customise to meet your kids’ growing needs.

S$1 gift deposit1 to get them started

No minimum balance

No coin deposit fee2

Auto-transfer of unutilised allowance3

FREE POPULAR Membership4

You may opt to open a kid’s account when you apply for Smart Buddy!


  1. Gift Deposit for anyone below 21 years old.
  2. Waiver is limited to first 1000 pieces calendar month at the coin deposit machine until the child turns 16 years old.
  3. The new account will be automatically linked as a Smart Buddy crediting account.
  4. For child age below 16 years old at the point of account opening.

  1. Parent/Guardian
    1. Existing POSB/DBS customer with an active deposit account
    2. Have a registered mobile number & e-mail address with the Bank
  2. Student
    1. Between 7 to 17 years old
    2. Linkage of deposit account is optional, but strongly encouraged

The Smart Buddy Pack will be delivered to the address tagged to the parent’s bank account within 7 - 14 working days (due to high volume) upon successful application. We seek your understanding during this period.

POSB Smart Buddy T&C apply.
POSB Smart Buddy S$5 eShoppeNow eVoucher Promotion T&C apply.

Need more information?

Smart Buddy website

Smart Buddy User Guide

About Allowance and Stamp Savings

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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