Kids Online Account Opening Promotion

New Year, New Beginnings.

Usher in the Year of the Tiger with a CNY Cash Gift for your child to embark on their savings journey.

Simply open a My Account with your child online and get rewarded with a S$18 Cash Gift (“Lucky Ang Bao”).

Promotion period is from 10 January 2022 to 19 February 2022.

Apply now

How To Participate?

OPEN My Account for your child online

DEPOSIT a minimum of S$2,000 to the newly opened account by 19 February 2022.

MAINTAIN the required balance of S$2,000 between 20 February – 19 August 2022

GET S$18 CNY Lucky Ang Bao

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

Apply joint alternate My Account with your child

For existing POSB/DBS account holders, you can apply for a joint alternate My Account with your child online1.

1Applicable to children below 16 years old.

Apply now

Please prepare the following required documents prior to your application.

Past Promotion Update: Q4 2021 Online Account Opening Promotion

Thank you for participating in our Q4 2021 My Account (Kids) Online Account Opening Promotion. The winners will be announced by 31 March 2022. Refer here for the winner list.

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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