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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.
Singapore Dollar (SGD) 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 · What is DBS Multiplier Account? The DBS Multiplier Account is a personal multi-currency deposit account that rewards bonus interest when you transact with DBS/POSB. Credit your income and transact in one or more of the following categories: credit card/PayLah! retail spend, home loan instalment, insurance, investments, adding up to S$500 or more.
Aug 4, 2022 · You know, the one with bunnies multiplying? That’s supposed to suggest how fast your money can grow in this high interest savings account. In January 2021, DBS announced some huge interest rate cuts, which immediately rendered the very popular advertisement untrue.
Q1) What is DBS Multiplier Account? nterest when you when you transact with DBS/POSB. There are three ways for you to earn higher interest rates: Option 1: Credit your income (salary and/or dividends) and transact in one or more of the following categories: credit card spend, home loan instalment, ins.
DBS Multiplier Is a good savings deposit account which offers 0.05% base interest rate. Bonus interest rate increases according to your DBS credit card spend, home loan, investments, or insurance, capped at a maximum of 3.80%. Rates updated to reflect 2020 new changes. 0.05% Base Interest Rate p.a. 3.8% Max. Interest Rate p.a. S$ 3,000.
The DBS Multiplier Account is a deposit account that rewards you higher interest when you credit your income (salary and/or dividends) and transact in one or more of the following categories: credit card spend, home loan instalment, insurance, investments. It has Singapore Dollar and 12 foreign currencies in one account.
Sep 28, 2023 · One good example is the DBS Multiplier Account, which lets you earn an interest of up to 4.10% p.a on your bank deposits. Moreover, it has also made some notable revisions on 1 August 2023, making it simpler for you to earn bonus interest. Let's take a look at this savings account works and how you can maximise the interest earned.
Feb 23, 2023 · The DBS Multiplier Account is a personal deposit account that rewards you with bonus interest as you spend on the different DBS/POSB product categories, such as Credit Card, Home Loan Instalment, Insurance, and Investments.
Jan 2, 2021 · By giving users the ability to earn between 0.30% – 3.00% interest per annum, the DBS Multiplier Account is a popular choice as the go-to high-interest savings account for many people in Singapore. We’ll explain how the account works so you can decide if it makes sense for you to start using the DBS Multiplier Account.
