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With DBS Multiplier, you can maximize your savings with an interest rate of up to 4.10% p.a. Discover the best savings bank accounts in Singapore that offer high interest rates. You are in Personal Banking
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.
The preferential interest rate is applied to the end-day SGD balance in your DBS Multiplier Account. Interest earned for each balance tier is calculated and rounded off to the nearest 4 decimal places.
Revision of interest rates for DBS Multiplier Account Effective 1 January 2021, we will make the following changes to DBS Multiplier: Income and Transactions in Credit Card / Home Loan / Insurance / Investment
We’ve also adjusted our interest rates in response to changing market conditions. If you have been income and/or dividend crediting, and transacting in 1 or 2 categories with us, we will be guiding you with tips to earn higher interest. Revision of interest rates for Income + transactions in 1 and 2 categories.
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:
Compare savings accounts, interest rates, and deposits accounts in Singapore. Discover the best bank accounts with DBS to maximise your savings and returns today.
You can also pair your Multiplier Account with POSB Save As You Earn Account to give you bigger interest rates. Save a fixed portion of your salary into a POSB SAYE Account monthly from your DBS/POSB salary crediting account to earn 3.5% p.a. interest on your savings for the first two years.
Multiplier remains a great way to earn higher interest on your savings, at up to 3.8% p.a. Experts say you should put aside 3-6 months’ emergency funds, so unexpected events don’t disrupt your daily life.
