April 13, 2016 July 10, 2020 The Astute Parent 13791 Views 0 Comment cda , cdaaccount When baby Isaac was born, we looked into the offerings by OCBC, UOB and POSB for a CDA (Child development account). Perhaps at 16 months, little Edison is too young to understand the concept of saving money. Regarding savings accounts, 71% of parents found good interest rates to be the key factor in their decision. Learn more. Factors to consider when choosing a savings account. Top. this to encourage the little one to save money. Go cashless to minimise contact risk. both my boys have ocbc cda and mighty saver accounts. A savings account should earn and not cost you money. Learn more. Make the 360 Account your first OCBC account. got a free lunch box, 2 night lights and many other free gift with min. Itâs an interactive savings program that educates and motivates our children to save. OCBC Mighty Savers. GreenBelt Posts: 118 Joined: Fri Nov 26, Post by mommy2two » Wed Mar 09, 2011 4:19 pm After the CNY, I can deposit all his ang pao money into his own savings account, rather than keeping them in my safe! The only account that grows with your kid. See all accounts. This may take about 5 minutes. Proof of account ownership is in the form of Tanda Junior passbook for IDR, USD, and SGD. Cards. Eligibility â 16 and below (under 5, joint account) Young savers (sole/joint account), or passbook/statement/school savings (trust account) No minimum deposit, minimum $1 balance; 55 branches, including 16 full-service on Sundays 11am-7pm, priority queue for kids; Freebies â wrist band, stationary set, sling bag i opened a ocbc mighty savers account for my girl during their road show promo. The little ones can earn up to 0.20% interest per year on their entire account balance. For everyday spending. My Account. RM ... View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking. #ocbc #mightysavers #saving All was well until suddenly, the evil Dr. Greed casts a spell on the children and they start spending all their savings. Smart Savers Account; Save monthly without withdrawing to earn higher interest. This programme teaches kids the importance of saving and ⦠This is why OCBC, the #1 preferred bank for savings accounts among the surveyed Singaporean parents, has been running the OCBC Mighty Savers®Programme for over 9 years! Initial deposit. POSB SAYE Account. mommy2two. Am thinking of opening POSB Kids account too for angbao money. Enjoy higher interest when you credit your salary and have successful monthly saving with us. The account holder name is the child's name. If youâre considering banking with OCBC, or are already banking with them, you mightâve heard of its OCBC Mighty Savers account for kids. Gotta start the habit of saving those cents! Which is why we believe in no fall-below fees. OCBC CDA (Child Development Account) + Mighty Savers Account review | Updated 2020! Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. OCBC Mighty Savers Account. OCBCâs Mighty Saver TM Program is on my list now. Learn more. For all their firsts. Get your account in 5 working days You prefer to complete the application manually. Promotion ends on 31 March 2021. Get rewarded for shopping. ATM card facility is given for Tanda Junior account in IDR currency. every $20 saved and deposit into account will have a ⦠Easy payments and transfers. For Kids. POSB Smart Buddy. Learn more. i was given a card and stickers. Photography: Rawpixel via Unsplash. deposit. Access to CIMB Clicks & Free E-Statements . Mighty Savers Account. OCBC 365 Credit Card. Age of the child at the time of account opening is in between 14 days up to 17 years old. 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