Simple to Earn

2% p.a.

interest on CDA balance

Simple to Enjoy

Exclusive deals

At our participating merchants

Simple to Save

3% Cash Rebate

on Local Medical Spend with POSB Everyday Card and PAssion POSB Debit Card

Because your little one deserves the best!

The POSB Smiley Child Development Account (CDA) is a special savings account for your newborn with dollar-for-dollar matching from the government. With this account, you'll be able to:

Enjoy 2% p.a. interest with no minimum required

Your POSB Smiley CDA will be automatically enrolled with eStatement if you have an internet banking and official email address with us.

Find out more about dollar-for-dollar matching

Enjoy great benefits with your POSB Baby Bonus NETS Card

Exciting deals at our merchants.

See all deals

Pay for childcare or medical expenses at Approved Institutions (AIs) registered with the Ministry of Social and Family Development (MSF) via NETS or interbank GIRO.

See all AIs

Start depositing your savings into your POSB Smiley CDA via internet banking!

Easily save for your kid's future with a POSBkids Account

A joint POSBkids Account comes with the opening of a POSB Smiley CDA, if you do not have one.

As parents too, we know you'll have your hands full with your newborn. So we've taken the initiative to open a POSBkids Account for you. Your POSBkids Account will be automatically enrolled with eStatement if you have an internet banking and official email address with us.

Activate your
POSBkids Account now!

Ways to apply

How to apply