facebookShould I get the DBS Multipler account? Want to earn interest but my salary is so low.. After CPF, at most i get $1700. Wanted to apply DBS Multipler but I do not have credit card. Dilemma? - Seedly

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Anonymous

07 Jun 2019

CPF

Should I get the DBS Multipler account? Want to earn interest but my salary is so low.. After CPF, at most i get $1700. Wanted to apply DBS Multipler but I do not have credit card. Dilemma?

Discussion (6)

What are your thoughts?

HC Tang

HC Tang

03 Oct 2018

Level 13·Financial Enthusiast, Budgeting at The Society

Your best bet is CIMB Fastsaver at 1% no string attach.

Try this by Seedly see what it says :

https://seedly.sg/tools/savings-account-calculator

Gabriel

Gabriel

07 Jun 2019

Level 12·Undergraduate at National University of Singapore

Hi, in your case, I would suggest CIMB FastSaver which gives you 1% interest so long as you maintain at least $1,000 inside with no other requirements such as salary credit or minimum spending like DBS Multiplier in order to earn the extra interest. Moreover, you can easily transfer funds out instantly and for free via FAST into your DBS account for spending (withdraw/card transactions)

View 2 replies

I think the CIMB Fastsaver would be a better option for you :)
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