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Baby Bonus & CDA Estimator
Cash Gift, CDA co-matching and MediSave grant by birth order, all in one total.
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The government matches your CDA savings dollar-for-dollar up to $4,000 for this child.
Cash Gift$11,000
CDA First Step grant$5,000
CDA co-matching (up to $4,000)$4,000
MediSave Grant for Newborns$4,000
Total if you save the max$24,000
Good to know
The Cash Gift is paid out in instalments up to age 6.5. The CDA First Step is credited automatically once you open the account, while co-matching depends on what you save. The MediSave grant goes into the child’s CPF MediSave for healthcare, not cash.
Amounts are for children born on or after 14 Feb 2023 under the enhanced Baby Bonus scheme, and may change. Payout eligibility and schedules are set by MSF; verify at the official Baby Bonus website.