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Your DBS Multiplier Account pays you interest in two parts: Base interest: This gets added to your account on the last day of each month. Bonus interest: If you've earned any bonus interest, this gets added to your account by the 7th working day of the next month.
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.
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:
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.
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.
