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Kids Online Account Opening Promotion
Teach your child the importance of money and sustainability by instilling these values in your child from young. Simply start by guiding your child to grow his/her savings with My Account.
In addition, each child will be entitled to receive a free DIY Farming Kit when a new My Account is opened to let your child to start their very own edible garden.
Free DIY Farming Kit
(For all ages)
Enjoy the fulfilment of watching your plant grow, and savour the satisfaction of eating the fruits of your own crop.
How to be rewarded:
Promotion period is from 1 July 2020 to 30 September 2020.
My Account for 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, and do not own an existing joint alternate My Account.
Please prepare the following required documents prior to your application.
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.