Can I use my child’s Child Development Account (CDA) to buy store credits or vouchers from an optical shop on or before 31 Dec 2025, but only utilised for goods and services on or after 1 Jan 2026?

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Accepted Answer

No, Child Development Account (CDA) cannot be used to buy store credits or vouchers at optical shops for future use on or after 1 Jan 2026.

Can I use my child’s Child Development Account (CDA) to buy store credits or vouchers from an optical shop on or before 31 Dec 2025, but only utilised for goods and services on or after 1 Jan 2026?

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If I have made a payment using my child's Child Development Account (CDA) moneys for an approved use at optical shops or retail pharmacies before 1 Jan 2026, can I seek a refund after they are no longer Approved Institutions (AIs)?

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