Can a dad handle being ‘pregnant’?
Dads are big and strong. But when it comes to being pregnant, physical strength isn’t everything. We challenged Alfred Sim, to take on the weight of being 9 months pregnant alongside his expectant wife, Tay Kewei.
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:
|Balance in CDA||Interest Earned|
For 1st & 2nd child
For 3rd & 4th child
For 5th child and beyond
|Remaining balance above the maximum amount||0.05% p.a.|
Your POSB Smiley CDA will be automatically enrolled with eStatement if you have an internet banking and official email address with us.
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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.
Start depositing your savings into your POSB Smiley CDA via internet banking!
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.