Ministry of Social and Family Development (MSF)
Baby Bonus Scheme - Cash Gift
Financial support for raising Singapore Citizen children.
Overview
The Baby Bonus Scheme is part of Singapore's Marriage and Parenthood Package, offering financial support to help couples manage the costs of raising children.
Key Features:
- Baby Bonus Cash Gift
- Child Development Account (CDA)
- Automatic opening of a Child Savings Account (CSA) for eligible children
Benefits:
- Government co-matching and grants based on birth order
- Funds can be used for:
– Childcare – Education – Insurance – Healthcare expenses at approved institutions
Scheme type
Who qualifies
Eligibility groups
What you receive
Eligibility details
Child must be a Singapore Citizen and parents must be lawfully married. Scheme applies to children born on or after 18 Feb 2025 for the latest benefits.
How to apply
From 1 July 2024, parents can apply for the Baby Bonus Scheme online or via the LifeSG mobile app. After enrolment, instructions to open the CDA at DBS/POSB, OCBC, or UOB will be sent via email and LifeSG inbox.
Agency details
Important Information
Scheme details may change. Check the official agency website for the latest eligibility, benefits, and application information.
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