facebookIs it possible to cancel my POSB regular savings plan and re-sign up to qualify for extra interest under the 'Investments with DBS/POSB' category for the Multiplier account? - Seedly

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Anonymous

18 Apr 2019

Saving Hacks

Is it possible to cancel my POSB regular savings plan and re-sign up to qualify for extra interest under the 'Investments with DBS/POSB' category for the Multiplier account?

Hi guys! My POSB regular savings plan has been ongoing for more than 12 months and I'm going to create a DBS multiplier account (I'm starting work soon).

Discussion (1)

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Yes it is, but you'd have to cancel the plan, sell all your holdings, and wait for 6 months before you can qualify for the extra interest! (if i remember correctly, but i'm pretty sure i did)

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