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How it works. Earn up to 4.1% p.a. with Multiplier Account when you do the following: Step 1: Credit income. Step 2: Transact in 1 or more categories. . You can still earn bonus interest without an income! Earn 1.50% p.a. on first S$50,000 balance with any Credit Card/ PayLah! Retail Spend. This applies to you if you’re 29 years old and below.
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:
Earn up to 2.08% interest rate per annum when you save and bank with DBS. Multiply your savings and grow your wealth with DBS Money Multiplier Programme.
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
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.
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:
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.
Feb 23, 2023 · From 1 November 2022, you can earn up to 4.10% p.a. on up to S$100,000 of your total monthly balance in your DBS Multiplier Account. Source: DBS. We crunch the numbers on three common Singapore saver profiles to see how this translates into higher returns on meeting your financial needs.
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.
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?
