Please note that from 23rd June 2015 onwards, we no longer open new CDA accounts. There will be no impact to existing Child Development Account-holders.

The Baby Bonus Scheme supports parents' decision to have more children by helping to lighten the financial costs of raising children.

It was introduced on 1 April 2001 and enhanced on 1 August 2004 and 17 Aug 2008. The latest enhancements include the expansion of the categories of Approved Institutions (AIs) with effect from 1 July 2012 and the extension of the Child Development Account (CDA) until 31 December in the year the child turns 12, with effect from 1 January 2013.

As part of the enhanced Marriage and Parenthood package announced on 21 January 2013, there will be an enhanced Baby Bonus Cash Gift of $6,000 per child for the first two births and $8,000 per child for the third and fourth births.

Here's a simple breakdown of the Enhanced Scheme's benefits from 21 Jan 2013:

Birth Order Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $6,000 Up to $6,000 Up to $12,000
2nd child $6,000 Up to $6,000 Up to $12,000
3rd child $8,000 Up to $12,000 Up to $20,000
4th child $8,000 Up to $12,000 Up to $20,000
5th child and beyond Not applicable Up to $18,000 for each child Up to $18,000

Scheme's benefits after 17 Aug 2008:

Birth Order Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $4,000 Up to $6,000 Up to $10,000
2nd child $4,000 Up to $6,000 Up to $10,000
3rd child $6,000 Up to $12,000 Up to $18,000
4th child $6,000 Up to $12,000 Up to $18,000
5th child and beyond Not applicable Up to $18,000 for each child Up to $18,000

Scheme's benefits before 17 Aug 2008:

Birth Order Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $3,000 Not Applicable $3,000
2nd child $3,000 Up to $6,000 Up to $9,000
3rd child $6,000 Up to $12,000 Up to $18,000
4th child $6,000 Up to $12,000 Up to $18,000


A child is eligible for the Baby Bonus Scheme if he or she is:

  • a Singapore Citizen or becomes a Singapore Citizen1;
  • born alive to the mother2; and
  • the mother is lawfully married to the child's father.

1 The amount of cash gift and/or matching Government contribution may be pro-rated according to the date of the child's citizenship if the child is not a citizen by birth.

2 As long as a child is born alive (i.e. not a stillbirth), it will be counted as a live birth. Children who are not Singapore Citizens and stepchildren are not considered in the counting of birth order.

Cash Gift

The cash gift is deposited into your nominated bank account in 3 installments over a period of 12 months from the birth of your child. MSF will give out the first cash gift installment within three weeks of receiving your properly completed forms. You will be notified by post after the money has been credited into your account.

Child Development Account (CDA)

The CDA is a special savings account for your children. You will enjoy government contributions in the form of a dollar-for-dollar matching for the amount of savings you contribute to the CDA. MSF will provide you with information on opening the CDA when your child joins the Scheme.

The person who manages the CDA on behalf of the child is called the Trustee.

Criteria of a Trustee are:

  • a parent of the child or another person nominated by both parents of the child;
  • at least 21 years of age and;
  • is not a bankrupt.

Uses for the funds in the CDA

  1. The funds may be used by all your children to pay for fees at:
    • Approved Institutions (AIs) registered with MSF under the Baby Bonus Scheme
    • MediShield and Medisave-approved private integrated plans
  2. The money cannot be withdrawn in cash. Withdrawals from the CDA are only permitted for:
    • Interbank GIRO payments to AIs;
    • NETS payments at AIs using a Baby Bonus Card issued by the Managing Agent (bank) of your CDA; and
    • Principal-protected Singapore Dollar time deposits approved by MSF and offered by your CDA's Managing Agent (bank).

* A list of the Approved Institutions and private integrated plans is available at

Post Secondary Education Account (PSEA)

The unused balance in your child's CDA will be transferred to his or her Post-Secondary Education Account (PSEA) in the year your child turns 13 years of age. The funds in the PSEA can be used to pay fees for post-secondary education in Singapore for your child and his or her siblings.

The PSEA is under the purview of the Ministry of Education (MOE). Please refer to for more information about the PSEA.

MSF Baby Bonus Scheme

For all enquiries pertaining to the Baby Bonus Scheme, please contact the Ministry of Social and Family Development.

Hotline 1800 253 7707 (Calling from Singapore)
(65) 6253 7707 (Calling from overseas)
Fax (65) 6355 2124
Address 512A Thomson Road, SLF Podium, #02-01/09, Singapore 298137
Office hours 8.30am to 5.30pm (Mon-Thur), 8.30am to 5pm (Fri), Closed during lunch hour 12.30pm-1.30pm.

Disclaimer: Standard Chartered Bank (Singapore) Limited (the "Bank") has prepared the above solely for your general information. The information has been derived from sources which the Bank believes to be reliable. While all reasonable care has been taken in preparing the above, the Bank does not represent or warrant that the information contained herein is accurate or complete and accepts no responsibility for any errors of fact or for any opinion expressed herein. The above information should not be used as a basis for making business or investment decisions. You should obtain professional advice before relying on any information contained herein. The Bank accepts no liability whatsoever for any reliance placed by you on the contents herein and will not be liable for any loss, damage or expense incurred by you whether arising directly or indirectly from your reliance on the above information.

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