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Anonymous

26 May 2021

Saving Hacks

Best bank account for fresh graduate to credit their salary?

Best bank account for fresh grad

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thefrugalstudent

26 May 2021

Founder at thefrugalstudent.com

DBS Multiplier if you're single, DBS My Account (joint account) if you're attached with plans to get married in the future.

If both you and your partner credit your salary into a joint account, your income category for DBS Multiplier will be the total of both salaries. If both you and your partner have DBS Multiplier accounts, you will likely be able to get a higher tier of interest. But take note that you need to transfer out your salaries into your Multiplier account since only the balance in the Multiplier account enjoys bonus interest.

Hope this helps!

Regards,
thefrugalstudent

Victor

26 May 2021

Financial Service Consultant at AIA

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