facebookAre you going to continue using DBS Multiplier or migrating somewhere else? - Seedly

Anonymous

02 Jan 2021

βˆ™

Saving Hacks

Are you going to continue using DBS Multiplier or migrating somewhere else?

With the upcoming slash in interest rates in Jan 2021... Happy New Year to us all πŸ™ƒ

Discussion (4)

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I've been using DBS multiplier as well but with the reduced interest rates, I have started moving my funds over to Endowus Cash Smart (Enhanced) to enjoy up to 1.7% interest rates (I have a referral code as well if you're keen!) Seedly has a pretty good article covering alternatives: https://blog.seedly.sg/cash-management-accounts....

Stashaway Simple gives 1.4% interest with no min. deposit and no lock down period. Sign up with them is free. StashAway is also licensed and approved by MAS. I have been with them since September 2020 and the return I get is no gimmick. So, do check them out and you may sign up with my link https://www.stashaway.sg/referrals/hweeyanl7anb

Jiayee

02 Dec 2020

Salaryman at some company

Everytime I feel like migrating, the alternatives tend to lower their interest rates too :/ I guess ...

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