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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?


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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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