Best bank account for infants

Hi mummies and daddies. What is the best bank account in Singapore for baby? We just opened a HSBC premier lite savings account but the interest earning seems quite poor

Lily Tsen

in love with baby

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VIP Member

Looks like you already selected the highest interest earning account... https://blog.moneysmart.sg/family/best-kids-savings-account-children/

CDA is already 2%, even higher interest rates than the HSBC account mentioned. Correct me if I’m wrong!

VIP Member

I opened ocbc, saving add for my son and cda. higher interest w cda @ ocbc too

Super Mum

Do check the bank website for their CDA account promotion

Super Mum

There is ocbc and uob and posb baby CDA account.

POSB or OCBC?

Ocbc or posb

VIP Member

Try ocbc...

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