Enjoy 2% p.a. interest for balances up to S$50k, and up to S$18,000 with CDA First Step grant and government dollar-for-dollar matching.

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Exclusive Promotion: POSB Parent Starter Kit

Kickstart your journey with us by opening a POSB CDA and receive an exclusive POSB Parent Starter Kit to help with the new addition to your family!

The POSB Parent Starter Kit* consists of the following items:

  • 1 x Nursing Shawl by Philips
  • 1 x Pampers Premium Care Tape Diapers – Newborn Size by P&G
  • 1 x Disposable Breast Pads by Philips
  • 1 x Breast Milk Storage Cup by Philips

*Please take note that items offered in the POSB Parent Starter Kit are sample sizes and should not be compared to actual product.

Limited to first 3,000 redemptions on a first-come-first-serve basis, while stocks last.

Promotion period is from 1 July 2020 to 30 April 2022 *Extended

Please refer to the Terms & Conditions or Frequently Asked Questions for more details.


How to be eligible:

Open a new POSB Smiley CDA Account. Activate your Reserved Account(s).


How to redeem:

Eligible customers will receive a redemption email in the following month upon fulfilling the criteria. Follow the instructions in the redemption email to collect the Promotion Gift.

Past Promotion: CDA Baby’s First Gift Promotion

Please be informed that the 1,000 Gift Sets have been fully redeemed and will no longer be available for redemption.

For more details, please refer to the Terms & Conditions.

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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