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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.
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 · 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$500 or more.
DBS Multiplier Is a good savings deposit account which offers 0.05% base interest rate. Bonus interest rate increases according to your DBS credit card spend, home loan, investments, or insurance, capped at a maximum of 3.80%. Rates updated to reflect 2020 new changes. 0.05% Base Interest Rate p.a. 3.8% Max. Interest Rate p.a. S$ 3,000.
Aug 4, 2022 · With the DBS Multiplier account, you can attain up to 0.55% p.a. interest by crediting your salary and spending at least $500 via DBS PayLah!. On the other hand, when you credit your salary and spend at least $5oo on an eligible UOB card, you’ll earn 0.5% p.a. with the UOB One account.
DBS Multiplier Account has Singapore Dollar and 12 foreign currencies rolled into one account and comes with digibank and eStatement. The account does not come with cheques facilities. Q2) Can I open more than 1 DBS Multiplier Account or enrol in both DBS Multiplier Account and POSB Cashback Bonus? No.
DBS Multiplier Account has Singapore Dollar and 12 foreign currencies rolled into one account and comes with digibank and eStatement. The account does not come with cheques facilities.
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.
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.
Sep 28, 2023 · How the DBS Multiplier Account works; How the DBS Multiplier Account benefits joint account holders; Types of joint accounts; How couples can multiply their earnings with the DBS Multiplier Account; How to open a DBS Multiplier join account; Conclusion
