Anonymous

18 Apr 2019

∙

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).

DBS/POSB Multiplier Account

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Yong Kah Hwee

19 Sep 2018

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)

Reply

Save

Write your thoughts

Related Posts

Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

I am currently enjoying the highest interest rate possible on the DBS multiplier (2 categories). Should I get another savings account or invest the excess money (amount above 50k) into digiportfolio?

Hi Seedly fans! I have a question about the DBS multiplier investment category. I set up a regular savings plan with DBS and was wondering how long will my RSP count as an investment category?

I have a POSB savings acc & DBS multiplier acc. My CDP account is linked to my POSB acc. If my dividends payout is credited to that this acc, will it unlock the Multiplier investment category?

I am looking to maximize the interest for my multiplier account by doing the insurance and investment category. Any suitable plans with the lowest premiums/investment?

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

778 Reviews

OCBC FRANK Account

4.7

211 Reviews

Related Posts

Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

I am currently enjoying the highest interest rate possible on the DBS multiplier (2 categories). Should I get another savings account or invest the excess money (amount above 50k) into digiportfolio?

Hi Seedly fans! I have a question about the DBS multiplier investment category. I set up a regular savings plan with DBS and was wondering how long will my RSP count as an investment category?

I have a POSB savings acc & DBS multiplier acc. My CDP account is linked to my POSB acc. If my dividends payout is credited to that this acc, will it unlock the Multiplier investment category?

I am looking to maximize the interest for my multiplier account by doing the insurance and investment category. Any suitable plans with the lowest premiums/investment?