Anonymous

10 Aug 2020

∙

For the DBS multiplier, how do you reach the next tier interest rate with GIRO credit card spending?

With regards to DBS multiplier account, if credited salary is above $2000 for example, and i want to reach the next tier of interest rates that includes credit card spending, can this be done using GIRO into roboadvisors such as stashaway?
At the moment, i have GIRO into stashaway but that is directly from my UOB account. Is there such thing as GIRO from a credit card and will that be an elligible transaction in DBS multiplier?

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Nicholas Beh

10 Aug 2020

Student Ambassador 2020/21 at Seedly

No. Credit card spending, as its name implies, refers to transactions performed using your credit card. GIRO does not count towards that.

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Hi I just opened a DBS Multiplier Account, do I qualify for higher interest rates with the provided debit card spending? Or is it limited to specifically credit card spending?

How do I increase my interest rate in the DBS multiplier account? I have credited my salary and linked a credit card to this DBS account. What else can I do to earn more interest rates? Thank you!?

Hi all, I have a DBS multiplier account and want to increase my interest rate. I'm currently spending less than $600 per month, should I still get a credit card (I'm looking at Live Fresh CC)?

Is it be advisable to apply for a credit card from a different company with better cash back rates (BOC/UOB) and then paying off the credit with my DBS credit card (so i get both the cash back from and multiplier)?

What are some suggestions on bank accounts and credit cards (or ones that link like UOB One and DBS Multiplier) for employees who don't get to have their salary credited under GIRO at all (requested from HR as well but that option is not available)?