Give your baby the best start in life with the POSB Child Development Account (CDA)! Get up to 2% p.a. interest on balances up to S$50k and exclusive deals for all your family’s needs!
Open a POSB CDA starting 1 May 2025 and receive:
Additional SG60 cash gift
Interest earned in CDA
S$60 credited into CSA
S$50 p.a.
Assuming average balance of S$5000 in CDA(from First Step Grant under Baby Bonus Scheme)
Promotion ends on 31 Dec 2025.Open to all customers who open a POSB CDA during the promotion period.
Please refer to the Terms & Conditions and Frequently Asked Questions for more details on SG60 POSB CDA cash gift.
Promotion ends on 31 Dec 2025.Limited to the first 600 customers per calendar month, on a first-come, first-served basis.
Please refer to the Terms & Conditions and Frequently Asked Questions for more details on SG60 POSB X Pigeon promotion.
Apply online
Your POSB Baby Bonus NETS Card entitles you to exclusive benefits at selected retailers, such as:
Exclusive benefits.
Deposit Insurance SchemeSingapore 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$100,000 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$100,000 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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