Advertisement

Anonymous

18 Apr 2019

∙

I'm a fresh graduate with $1950 take-home salary. I'm interested in applying for DBS Multiplier, but any advice on what credit card I should apply for?

Hi guys. I'd like to sign up for DBS Multiplier, and I currently have a POSB Passbook Savings account and Debit Card. For their "credit card spend" transaction category, 1) Are transactions via my POSB Savings account / Debit Card counted? 2) If they aren't and I have to own a Credit Card, which card would you recommend given my low income level? Ideally with low annual fees / min spend.

DBS/POSB Multiplier Account

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Gabriel

16 Oct 2018

Undergraduate at National University of Singapore

I think all of the credit cards offered by DBS/POSB requires a minimum income of $30,000 per annum. Maybe you can consider the CIMB AWSM Credit Card. It has no annual fees and gives you 1% cashback on Dining & Entertainment, Telecommunications (Starhub/M1/Singtel/Circles.Life) and Online Shopping. If you sign up before 31 December, you can get a free Wave House Sentosa 1 hour FlowRider (worth S$40) and $30 credit if you spend at least $100 within 2 months from the date of your card activation. Check out the CIMB Awesome (AWSM) Credit Card here - https://www.cimbbank.com.sg/en/personal/product...

Reply

Save

Nicholes Wong

16 Oct 2018

Diploma in Business Management at Nanyang Polytechnic

1) You have to spend with your credit card.

2) I dont remember DBS/POSB having any credit card annual income requirement below $30k except the student card.

Reply

Save

Write your thoughts

Related Posts

I'm a fresh graduate and just started my first job. Which credit card I should use (thinking of DBS Live Fresh, HSBC Revolution, DBS Altitude and SCB Unlimited) for dining and online shopping. Advice?

Hi all, I have a DBS multiplier account and want to increase my interest rate. I'm currently spending less than $600 per month, should I still get a credit card (I'm looking at Live Fresh CC)?

How do I increase my interest rate in the DBS multiplier account? I have credited my salary and linked a credit card to this DBS account. What else can I do to earn more interest rates? Thank you!?

I'm using DBS multiplier savings account and achieving >2 categories (salary credit, investment RSP, and credit card). Should i transfer the excess (from $50k since that's the cap) to SCB Jumpstarter?

Intending to open a DBS Multiplier account. However, I am deciding on which credit card to get - DBS Live Fresh or POSB Everyday? (I spend $300-600 on groceries, food, entertainment, EZ-Link and M1 bills). Any advice?

Related Products

DBS/POSB Multiplier Account

4.4

321 Reviews

Up to 4.10% p.a.

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

Standard Chartered JumpStart Account

4.8

782 Reviews

OCBC FRANK Account

4.7

212 Reviews

Related Posts

I'm a fresh graduate and just started my first job. Which credit card I should use (thinking of DBS Live Fresh, HSBC Revolution, DBS Altitude and SCB Unlimited) for dining and online shopping. Advice?

Hi all, I have a DBS multiplier account and want to increase my interest rate. I'm currently spending less than $600 per month, should I still get a credit card (I'm looking at Live Fresh CC)?

How do I increase my interest rate in the DBS multiplier account? I have credited my salary and linked a credit card to this DBS account. What else can I do to earn more interest rates? Thank you!?

I'm using DBS multiplier savings account and achieving >2 categories (salary credit, investment RSP, and credit card). Should i transfer the excess (from $50k since that's the cap) to SCB Jumpstarter?

Intending to open a DBS Multiplier account. However, I am deciding on which credit card to get - DBS Live Fresh or POSB Everyday? (I spend $300-600 on groceries, food, entertainment, EZ-Link and M1 bills). Any advice?

Advertisement