Child Development Account

  • child development accountchild development account


    • Earn up to 2% p.a. interest on your child’s UOB Child Development Account (CDA)
    • CDA First Step grant of S$3,000
    • Dollar-for-dollar matching from the Government, up to Total CDA benefits
      of up to S$6,000 for your 1st and 2nd child


  • The KidSmart ProgrammeThe KidSmart Programme

    The KidSmart Programme

    At UOB, we believe that all children are smart.
    Discover how you can develop your children’s interests and nurture their full potential.

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child grant

CDA First Step Grant

If your child is born on or after 24 March 2016, he/she will receive an upfront CDA First Step grant of S$3,000 paid into the UOB CDA upon account opening, as announced on Budget Day 2016.



matching from the Government

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Every dollar in the CDA is matched by the Government, up to a maximum amount depending on the birth order of your child.


Child Order  CDA Benefits from Government   Maximum CDA Benefits
First Step Grant
  Dollar-for-dollar matching
1st & 2nd Child









Up to S$3,000 each S$6,000 each
3rd & 4th Child Up to S$9,000 each S$12,000 each
5th child onwards Up to S$15,000 S$18,000 each

You can save and use the funds in the CDA any time until 31 December in the year your child turns 12 years of age.

After which, the unused balance in the CDA will be transferred to your child's Post-Secondary Education Account (PSEA), to pay for his or her tertiary education.



UOB Baby Bonus Card

Use the savings in the CDA to pay for permitted expenses incurred at Approved Institutions via NETS or GIRO, for all your children.


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24/7 access

Access your account via UOB Personal Internet Banking and 24-hour phone banking service.

UOB Baby Bonus Card


Use the savings in the CDA to pay for permitted expenses incurred at Approved Institutions via NETS or GIRO, for all your children.

Approved Institutions, which must be registered with the Ministry of Social and Family Development (MSF) under the Baby Bonus Scheme, include:

  • Child care centres
  • Kindergartens
  • Special education schools
  • Pharmacies
  • Optical shops
  • Healthcare Institutions
  • Early intervention programme providers
  • Assistive technology device providers
  • MediShield or Medisave-approved private integrated plans


The funds in the CDA cannot be withdrawn in cash.
For the full list of Approved Institutions and permitted expenses, please refer to


Interest Rates

Earn up to 2% p.a. interest on your UOB Child Development Account.
Account Balance Interest rates (p.a.)
First S$25,000 1.00%
Next S$25,000 2.00%
Above S$50,000 0.05%

Access & Track


Convenience of a monthly eStatement

Go paperless with 5 years of stored electronic statements from the time you subscribe.

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Internet Banking

Perform more than 70 types of transactions at your convenience from the comfort of your home or office.


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View your account balances at more than 1200 ATMs island-wide and deposit cash at any UOB Cash Deposit Machines.


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Other ways to access your account

Simpler, Smarter. Be the first to try new online banking experience.


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Eligibility and fees


  • Child must be a Singaporean, with parent / trustee who is a Singaporean, Singapore PR or Foreigner.
  • Child's Age <12 years old
  • Parent / Trustee >18 years old


Register as early as 2 months before the Estimated Delivery Date (EDD) of your child.

Apply now

Documents required

Via Ministry of Social and Family Development (MSF) Online Form


For Singaporeans / PRs only.

Parents who are Singaporeans and PRs can only apply for a CDA via the MSF Baby Bonus website. Please visit for more details.

Via branch


For Foreigners / Third Party Trustees only, please bring along:

  • Authorisation letter from MSF
  • NRIC or Passport of parent / third party trustee
  • Birth Certificate or Citizenship Certificate or Passport of child
Find a branch

Important Notices

Important information on the use of UOB Accounts and Services

More information

Deposit Insurance Scheme

Providing limited compensation to selected eligible deposits

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Deposit Insurance Scheme:
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Please refer to UOB Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.

More Information

Call our 24-hour hotline at 1800 222 2121