Can I open a new Child Development Account (CDA) directly with any of the Child Development Account (CDA) banks?
You cannot open a Child Development Account (CDA) directly with the bank. If your child has not joined the Baby Bonus Scheme, you can submit an application on LifeSG.
For more information on your child’s eligibility for Baby Bonus Scheme and opening of CDA, you may visit LifeSG to find out more.
Related questions
Can I open a Child Development Account (CDA) with Standard Chartered Bank if my child was enrolled in Baby Bonus before 1 July 2024, but I have not opened the CDA under my chosen bank of Standard Chartered Bank?
I enrolled my child into Baby Bonus Scheme before 1 July 2024. Can I select a different bank before opening my Child Development Account (CDA)?
My child was enrolled into Baby Bonus Scheme before 1 July 2024. The nominated Child Development Account (CDA) trustee tried opening a CDA at the chosen bank, but it has not been opened. Why is my CDA not opened yet?
I am currently overseas. How can I open a Child Development Account (CDA) for my child?
Need more help?
Get in touch