What is a Child Savings Account (CSA)?
The CSA is a joint savings account that opens automatically at the same time with the CDA when a child is enrolled for the Baby Bonus Scheme. It operates like a regular joint savings account (jointly held under the child and trustee) with no minimum balance requirement, fees or charges imposed on the CSA.
Related questions
What is the purpose of Child Savings Account (CSA)?
My child does not have a Child Savings Account (CSA), how can I open one?
Who can be the Child Savings Account (CSA) joint account holder?
Can the Child Development Account (CDA) trustee be different from the Child Savings Account (CSA) joint account holder?
Need more help?
Get in touch