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No minimum deposit required: A gift deposit of S$1 will be deposited when you open the account. |
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No fall-below fee: There is no minimum balance requirement and fall-below fee, until your child turns 21-years-old. |
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Daily competitive interest: Grow your child's savings earlier with attractive daily interest |
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Convenient and hassle-free: Save regularly for your child by specifying a fixed amount to be transferred to your child's POSBkids Account each month. You can also enjoy the convenience of paying for your child's school fees and insurance premiums via GIRO. |
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Handy passbook: Receive a specially-designed passbook for easy reference and to keep track of all your transactions. |
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Exclusive gift: Receive a POPULAR Bookstore discount card if your child is between 7-12-years-old when he opens the account. To find out more on Popular Card Discount Privileges, please visit here |
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| Fees |
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There is no fall-below fee. |
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Pricing Guide |
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| Requirements |
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| There are 2 account types to suit the growing needs of your child. |
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Trust Account
Give your child a great head start - open a Trust POSBkids Account if your child's below 5-years-old. You should be over 21-years-old to act as the trustee and to manage your child's finances. |
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Personal Account
Instil the discipline and importance of saving by opening a Personal POSBkids Account for your child who's between 5- and 12-years-old. The account will be in your child's name so that he can manage his own savings himself and continue to save as an adult in the future. |
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| Apply Now |
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Let your child enjoy the sweetness of saving early. Visit any POSB branch today with your identity card/passport and your child's birth certificate/passport and student pass (if any). |
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To open a Personal POSBkids Account, please bring along your child and the relevant documents. |
Terms
& Conditions | 
