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DBS Multiplier - Open a High Interest Savings Account Online. Bank. Accounts. Multiplier is simpler than ever for all! Easier to get bonus interest, More income types recognised, No min spend always. At a Glance. Everybody’s welcome.
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:
DBS Multiplier Account | DBS Singapore. 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.
DBS Multiplier Account is a deposit account with a base interest rate of 0.05% per annum. Bonus interest rates: 1.40% to 3.80% per annum. DBS Multiplier Account 2020 interest rates have been updated as of 1 August 2020.
Aug 4, 2022 · 2. How are DBS Multiplier interest rates calculated? The DBS Multiplier account starts with a very low base interest rate of 0.05% p.a. To earn the highest bonus interest, you need to fulfil transactions in 3 categories. Requirement 1: Income credit (compulsory) Requirement 2: Select 1 or more of the below transactions
Jan 2, 2021 · To help you estimate how much interest you can potentially earn using the DBS Multiplier Account, we’ll next use this handy calculator by DBS and project a few common scenarios. Scenario #1: How Much Can A Young Working Adult Earn With DBS Multiplier Account?
The DBS Multiplier Account is a personal deposit account that rewards you higher interest when you when you transact with DBS/POSB. There are three ways for you to earn higher interest rates:
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.
Dec 30, 2023 · With the DBS / POSB Multiplier Account, your transactions will be sorted into 5 different categories – Income, retail spend, home loan, insurance and investments. As long as you accumulate $500 in eligible transactions, which can come from all 5 categories, you can earn up to 4.1% bonus interest.
Sep 28, 2023 · Income + 1 category = 1.8% to 2.2% interest per annum. Income + 2 categories = 2.1% to 3.0% interest per annum. Income + 3 categories = 2.4% to 4.1% interest per annum. In short, the more you save and bank with DBS, the higher your bonus interest.
