If the Child Savings Account (CSA) was closed previously, can it be reopened?
Yes, you can reopen a CSA. Simply visit the CDA bank and they will assist you with the reopening process.
Important:
CSA is the default account for your child to receive Government payments, including Baby Bonus Cash Gift and education awards/financial assistance.
Please keep the CSA open to avoid delays in receiving payments. No minimum balance, fees or charges will be imposed to keep the account opened.
Related questions
My child does not have a Child Savings Account (CSA), how can I open one?
Is it possible to close a Child Savings Account (CSA) before the year my child turns 13?
Can I change bank for the Child Development Account (CDA) and Child Savings Account (CSA)?
Can parent opt out of the of Child Savings Account (CSA) when opening a new Child Development Account (CDA)?
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