Should I switch to DBS multipler? Currently using OCBC 360. Assume I have 70K, will hit $600/$800 credit card spend and hit 3 bill. ?

Assuming salary credit $2000

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For OCBC 360:

• Base interest: 0.05
• Credit salary:1.2
• Pay 3 bills online through GIRO with total amount of at least S$150: 0.3
• Spend min. $500 on OCBC credit cards: 0.3

Total: 1.85%

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For DBS Multiplier:

• Base interest: 0.05
• Credit salary: 1.55

Total: 1.60%

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However, if your salary credit is $5000 or more monthly, or have a 2nd salary credit (min. $2000), then DBS Multiplier is better. As it stands currently with the information given, OCBC 360 gives better interest.

Do note that Multiplier bonus interest is capped at $50k :) May want to consider putting the other $20k at other platforms such as CIMB Fast Saver/SSB