Frequently Asked Questions

How can I earn the full S$50 cash reward?

To qualify for the S$38 cash reward, open a new joint-alternate account for your child and register their NRIC to PayNow within the promotion period.

To receive the bonus S$12 cash reward, link the newly opened joint-alternate account to your new/existing Smart Buddy within the promotion period.

What do I need to apply for a joint-alternate account with my child?

If you are a Singaporean/PR, you can open a joint-alternate My Account with your child instantly online with your Singpass. Please ensure you have signed up for digibank and Singpass before applying.

How will I know if my child’s NRIC has been registered for PayNow?

Your child’s NRIC will be registered for PayNow during the new joint-alternate account opening process. You will be notified via SMS on your child’s PayNow registration status.

What can I do with my new joint account?

Receive your child's Edusave award monies seamlessly with Paynow-NRIC.

Link it with your child’s POSB Smart Buddy and help them develop good saving habits. With Smart Buddy, you can instantly allocate allowance for your child to pay digitally via their wearable watch/card and monitor their spending in real time.

What do I need to apply for a Smart Buddy for my child?

Parents applying for the Smart Buddy simply need a DBS/POSB deposit account.

Explore more

PromotionsChildrenFamily