Personal Finance
Why I Chose POSB CDA (Plus Pre-registration With Moments Of Life App)
By The Astute Parent  •  July 10, 2020
Most of us have a DBS/POSB account. From what I surveyed amongst parent, POSB CDA is a popular choice because of the convenience of linking to the DBS Ibanking. FYI: POSB CDA gives 2% interest rate (for first $50k).

POSB CDA promotion NOW *1 July 2020 to 30 June 2021*!

This promotion is limited to first 3,000 redemptions on a first-come-first-serve basis. So do check if it is still valid here. Promotion period is from 1 July 2020 to 30 June 2021. The POSB Parent Starter Kit* consists of the following items (more):
  • 1 x Pampers by P&G
  • 1 x Breast Storage Pads by Philips
  • 1 x Nursing Shawl by Philips
  • 1 x Storage Bottle by Philips
After opening the POSB Child Development Account, you'd need to activate the Reserved Account within 90days to be eligible to receive a POSB Parent Starter Kit. If you are switching over from other CDA banks, you'd also be able to enjoy the promotion....
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By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
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