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With the changes to the Baby Bonus Services from 1 July 2024, will there be any change to the Baby Bonus Scheme benefits?


Updated by MSF

Eligible children will continue to enjoy the same benefits under the Baby Bonus Scheme, which comprises the following:


i) Baby Bonus Cash Gift


  • Paid into your child's Child Savings Account (CSA) every 6 months till your child is 6.5 years old


ii) Child Development Account (CDA), a special savings account for selected expenses at Baby Bonus Approved Institutions


  • First Step Grant: One-off amount automatically paid into the CDA

  • Government co-matching: Receive an extra dollar for every dollar you deposit into the CDA, up to your child's eligible cap Check your child's Baby Bonus eligibility and benefit levels at go.gov.sg/bbeligibilitycheck.

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