Hi mummies and daddies, would like to know which bank has better service and benefits to open CDa account? Posb or ocbc?

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If you're looking purely based on interest rates, go for OCBC. Like Diana mentioned, it is a lot more convenient if you choose the bank where you already have a savings account with for added convenience. You can access the accounts online at one glance without having to log into another bank's internet banking page. http://sg.theasianparent.com/what-exactly-can-you-do-with-your-childs-baby-bonus-child-development-account-cda/

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I would think it's the same since u cant withdraw money from cda account anyway.. But i use posb cause i got posb acc and i can do transfers via internet banking.

For me I use POSB because it can link to my own saving account which is POSB too. I vote for conveniency as there are more POSB banks nearby my place.

thanks

Super Mum

Both posb and ocb having promotion now. Do check

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Choose the one that is convenient to you :)

I use ocbc. Its linked with my acct.

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Posb so that it link to my acc

OCBC is better. :)