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Exclusive ePOSBkids Account Online Promotion
Simply open an ePOSBkids Account online1 and receive a POSB Smart Buddy Watch and a Limited-Edition Watch Strap*!
*Limited to the first 1,000 redemption on a first-come-first-serve basis, while stocks last.
1 ePOSBkids Account Online Application is only for existing POSB/DBS account holders, for child up to 18 years old who does not have an existing ePOSBkids Account.
What is Smart Buddy?
Smart Buddy is the world’s first in-school savings and payments wearable on your child’s wrist that lets your child tap to pay in participating school and at selected merchants, check on balances, and track fitness levels. All with a tap on the terminal or a simple press of a button.
How to be eligible:
Step 1. Open
Simply open an ePOSBkids Account for your child online within the promotion period
Step 2. Deposit
Deposit and maintain a minimum average daily balance of S$1,000 for at least a 6-month Period.
How to redeem:
Step 1. Notification
Redemption Email will be sent to eligible customers.
Step 2. Redemption
Eligible Customer can redeem the POSB Smart Buddy Watch & Limited-Edition Watch Strap via the redemption page link provided in the email.
Step 3. Delivery
Upon Successful Redemption, the POSB Smart Buddy Watch & a NETS Contactless Payment Chip will be mailed to your address within 7 working days. The Limited-Edition Watch Strap will be mailed to you separately by the end of the following month.
Step 4. Register
Download the Smart Buddy mobile app and perform a one-time registration via SMS One-Time Password (“OTP”) to start using the POSB Smart Buddy Watch.
Promotion period is from 1 March to 30 June 2019.
Please refer to the Terms & Conditions for more details.
Frequently Asked Questions
Child who already has an existing ePOSBkids Account will not be eligible for the Promotion.
My child’s school is not a participating school under Smart Buddy. Can he/she still be entitled to receive the POSB Smart Buddy Watch?
Yes, your child is entitled for the promotion.
You will receive the redemption email as per the dates stated in the table below:
|Account Opening Month||Redemption Email||Redemption Period|
|Mar 19||By 31 May 19||1 – 30 Jun 19|
|Apr 19||By 30 Jun 19||1 – 31 Jul 19|
|May 19||By 31 Jul 19||1 – 31 Aug 19|
|Jun 19||By 31 Aug 19||1 – 30 Sep 19|
My child is currently participating in the POSB Smart Buddy programme. Am I eligible for this promotion?
Yes, you can apply for this promotion and redeem a new Smart Buddy watch & chip if your child does not hold any existing ePOSBkids Account.
Your child can use the Smart Buddy watch to pay at merchants which accept NETS Contactless payment. Click here to view the full list of NETS Contactless merchants.
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.