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Discover the best savings bank accounts in Singapore that offer high interest rates. With DBS Multiplier, you can maximize your savings with an interest rate of up to 4.10% p.a.
Bonus interest rates of up to 4.10% p.a. are applicable only up to the first S$100,000 in the DBS Multiplier Account. The interest rate you qualify for is determined by your monthly eligible transactions with DBS/POSB.
Aug 1, 2023 · You only need to deposit funds in your DBS Multiplier Account, while transacting with your usual DBS/POSB products to enjoy the bonus interest rates. How do you compute the eligible transactions after my DBS Multiplier Account is opened?
DBS Multiplier Account. For a better understanding of how the DBS Multiplier Account works, you can use the Multiplier Calculator to find out the interest rate you can enjoy, and even how much interest you can earn on the SGD balance in your Multiplier Account:
Revision of interest rates for DBS Multiplier Account Effective 1 January 2021, we will make the following changes to DBS Multiplier: Income and Transactions in Credit Card / Home Loan / Insurance / Investment
The preferential interest rate is applied to the end-day SGD balance in your DBS Multiplier Account. Interest earned for each balance tier is calculated and rounded off to the nearest 4 decimal places.
Multiplier remains a great way to earn higher interest on your savings, at up to 3.8% p.a. Experts say you should put aside 3-6 months’ emergency funds, so unexpected events don’t disrupt your daily life. Your Multiplier Account balances certainly counts towards that.
Apply for DBS Fixed Deposit, Savings and Current Account. Learn more about the different types of accounts for your needs.
You can also pair your Multiplier Account with POSB Save As You Earn Account to give you bigger interest rates. Save a fixed portion of your salary into a POSB SAYE Account monthly from your DBS/POSB salary crediting account to earn 3.5% p.a. interest on your savings for the first two years.
View your eligible transactions breakdown and the interest rate you qualify for. Find out more on Bank & Earn Summary . Get the latest DBS digibank Mobile app now!
