Skip to content

Singapore-Bank.net

  • Best ofExpand
    • Best Fixed Deposit Rates in Singapore February 2023
    • Best Singapore Bank Savings Interest Rate 2023
    • Best Cashback Credit Card Singapore 2023
    • Best Credit Card for Groceries in Singapore 2022
    • Best Balance Transfer Singapore 2023
  • CalculatorsExpand
    • Fixed Deposit Calculator
    • Basic Interest Calculator
    • Compound Interest Calculator
    • Balance Transfer Admin Fee Calculator
  • All Articles

Sign up for Trust Bank, get up to S$35 in FairPrice E-Voucher

Singapore-Bank.net
Sign up for Trust Bank, get up to S$35 in NTUC E-Voucher
DBS/POSB

[Get S$68 Cash Incentive] Sign Up Joint POSB My Account With Child

Updated onJanuary 19, 2023

POSB My Account is a savings account for your child where they can save their own money.

There is no minimum age or minimum balance for opening the account and you get a free S$1 gift deposit! (for children under 21 years old)

[Get S$68 Cash Incentive] Sign Up Joint POSB My Account With Child 1

advertisements

As your child grows, they are able to utilize more services such as linking My Account with Smart Buddy to pay for purchases in the school canteen and bookshops, and also use Paylah! for out-of-school purchases when they are old enough to carry a smartphone.

You will be happy to know that is there also no coin deposit fee when they deposit their coins from their piggy bank (Waiver is limited to the first 1000 pieces per calendar month at the coin deposit machine until the child turns 16 years old.).

Do note that POSB My Account is opened as a joint account.


advertisements

Promotion 🚨

Get S$68 cash incentive when you open a new joint account with your child online and register them for PayNow.

Account to open online: Joint-Alternate My Account with your Child

Conditions to fulfill:

  • (i) Open a joint-alternate My Account with your child account online via DBS/POSB website AND
  • (ii) Register the child’s NRIC for PayNow online, to the newly opened joint-alternate account within the promotion period

Reward: S$68 cash credited to the newly opened account by 31 March 2023

Note: You (the parent) need to be an existing DBS/POSB customer but do not have an existing DBS/POSB joint-alternate account with the child who is below 16 years old, at the time of making the application for a New Account. Both parent and child must be Singaporean or Permanent Resident.

Promo Until 31 Jan 2023.

How To Sign Up For Joint POSB My Account With Child

Step 1: Access the POSB My Account page

Go to POSB website > Bank > Accounts > For Kids > My Account

Step 1: Access the POSB My Account page

Step 2: Click on Apply with Singpass

Step 2: Click on Apply with Singpass

Step 3: Log in with your User ID and PIN

Step 3: Log in with your User ID and PIN

Step 4: Click Apply now

Step 4: Click Apply now

Step 5: Fill in personal particulars

Fill in particulars of yourself and your child and click Next

Step 5: Fill in particulars of yourself and your child

Step 6: Upload your child’s document

Upload your child’s document and click Next

Step 6: Upload your child's document

Step 7: Verify all the details

Verify all the details are correct, tick the agreement checkbox, click Next

Step 7: Verify all the details are correct

Step 8: Application submitted!

Step 8: Application submitted!
Go back to:
  • How To Sign Up For Joint POSB My Account With Child
    • Step 1: Access the POSB My Account page
    • Step 2: Click on Apply with Singpass
    • Step 3: Log in with your User ID and PIN
    • Step 4: Click Apply now
    • Step 5: Fill in personal particulars
    • Step 6: Upload your child's document
    • Step 7: Verify all the details
    • Step 8: Application submitted!

Check out POSB website for more details.

advertisements
Post Tags: #Savings Account
  • DBS/POSB
  • OCBC
  • UOB
  • Bangkok Bank
  • Bank Of China
  • Bank of East Asia
  • BNI
  • CIMB
  • Citibank
  • HL Bank
  • Hong Leong Finance
  • HSBC
  • ICBC
  • JPMorgan Chase Bank
  • Maybank
  • RHB
  • Singapura Finance
  • Sing Investment & Finance
  • Standard Chartered
  • State Bank Of India
  • Trust Bank
  • General
  • CPF
  • Promotions

Disclaimer: The contents on this website are purely for information only and are subject to changes without prior notice.
Check with the official websites of the respective banks for the most updated information.
Singapore-Bank.net shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein.

Terms & Conditions | Privacy Policy | Cookie Policy

© 2023 Singapore-Bank.net

  • Best
  • Calculators
  • Banks
  • Articles
Search