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    CDA account

    Scheduled Pinned Locked Moved Money Matters
    82 Posts 22 Posters 72.7k Views 1 Watching
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    • S Offline
      SAHM_TAN
      last edited by

      Daddy 😧
      SAHM_TAN:


      So Daddy D,

      You did not have a CDA when your DD was born in 2005, yours was the baby bonus credited to yours / your wife's account.

      OIC.... thanks for the explanation.
      I thought they also use CDA for baby bonus?
      Yes, the baby bonus was credited to our bank acct... (I thought auto-link from CDA)

      So have to open CDA with a new bank account... just to take this $300?

      Still sibei EXTRA.... :razz:

      :lol: That's because baby bonus and CDA serve different purpose.

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      • D Offline
        Daddy D
        last edited by

        SAHM_TAN:

        :lol: That's because baby bonus and CDA serve different purpose.
        $$ in the bank is still $$ right?
        If I use the CDA $$ to buy iPad... they will know meh? :razz:

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        • D Offline
          daddy2007
          last edited by

          [quote]
          $$ in the bank is still $$ right?
          If I use the CDA $$ to buy iPad... they will know meh? :razz:[/quote]It will be in a special bank account and unfortunately you can't anyhow use this money

          I just treat this as extra money and will use it to pay for Private HealthShield rider. Should able to last 3-4 years :boogie:

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          • D Offline
            Daddy D
            last edited by

            daddy2007:
            [quote]
            $$ in the bank is still $$ right?
            If I use the CDA $$ to buy iPad... they will know meh? :razz:
            It will be in a special bank account and unfortunately you can't anyhow use this money

            I just treat this as extra money and will use it to pay for Private HealthShield rider. Should able to last 3-4 years :boogie:[/quote]Zhen De Mah?! :slapshead:
            Sian half liao... another CPF pattern... can see cannot take...
            can collect interest a not? :razz:

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            • KissguramiK Offline
              Kissgurami
              last edited by

              Daddy 😧

              Zhen De Mah?! :slapshead:
              Sian half liao... another CPF pattern... can see cannot take...
              can collect interest a not? :razz:
              LOL!! You make me laugh!!!

              But I agree, the money used for ipad is good coz I am intending to do that as well, pay half a ipad2 :rotflmao: if possible.

              Annoying now coz CC Giro is tied to DD2 CDA, which means how on earth can i use DD1's CDA $$?

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              • P Offline
                patntee
                last edited by

                Quite a number of ways to use up the money actually



                The money may be used by all your children to pay for:

                1) Fees at Approved Institutions (AIs) which have registered with MCYS under the Baby Bonus Scheme:
                a) Child Care Centres;
                b) Kindergartens and special education schools registered the Ministry of Education (MOE) or the Council for Private Education (CPE);
                c) Early intervention programmes registered with the National Council of Social Service
                NCSS) or the Centre for Enabled Living; and
                d) Healthcare institutions licensed under the Private Hospitals and Medical Clinics (PHMC)
                Act.

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                • P Offline
                  patntee
                  last edited by

                  WCW, you have to ask the childcare for the form and apply thru the childcare. Can be used for siblings too. I use my DS CDA for DD childcare, cos DD is 2006 first born dun have CDA herself.

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                  • KissguramiK Offline
                    Kissgurami
                    last edited by

                    to fill up the giro just to use $400 from DD1 CDA… a bit extreme… the giro is a hassle itself

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                    • D Offline
                      Daddy D
                      last edited by

                      Chief very good in moving posts... :salute:

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                      • C Offline
                        Castle House
                        last edited by

                        Daddy 😧
                        SAHM_TAN:


                        :lol: That's because baby bonus and CDA serve different purpose.

                        $$ in the bank is still $$ right?
                        If I use the CDA $$ to buy iPad... they will know meh? :razz:

                        The thing is you can't use at all... no atm card will be issued.. :laugh:

                        1 Reply Last reply Reply Quote 0

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