We have been PRs for a long time and recently became citizens. I went along to OCBC today to open a CDA account. To my surprise, I was offered a Mighty Savers account as well. It must be a new rule or a promotional move. The CDA account can be used to pay only certain approved costs/fees, like childcare and insurance, but the Mighty Savers account is operated normally by the parent with deposits and withdrawals. I was not really interested in the Mighty Savers account, since I invest in different products for my child (5 yo) - gold, investment linked insurance policies that will mature in 12-15 years’ time. It is clear that OCBC is aggressively targeting the kids’ market for savings accounts. I am not really interested in stickers or free gifts - very gimmicky I thought. But – I guess I now have a choice of depositing her hongbao money in the Mighty Savers account or keep using that for investment product premiums…
L
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RE: Which is your preferred Kids Savings Account?
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RE: Club 2009 Kiddo
Hi Reiner
No problem. My girl is pretty strong and hot-tempered. A little wildcat that needs taming. She has made bigger and older boys cry!!! Wanna meet up?
cheers
Lisa -
RE: Club 2009 Kiddo
Hello
Just joined, my girl was born March 2009. Looking for playmates for my girl on weekends, she is an only child. We list on the West area but happy to travel around occasionally.
Cheers
lisa88 -
RE: Club Jurong East / Jurong West
Hi everyone
I am a working mum to a girl born 2009. Live near Lakeside MRT. Would like to meet up with parents and similar age kids on weekends. Let me know!
Cheers
lisa88