Asked on 19 Aug 2019
So I have a DBS Multiplier Account + DBS credit card + Investment, but I put money into my DBS Savings Account to keep track of savings, do I earn the multiplier interest for ALL my money in DBS or those deposited in Multiplier Account only?
Only the multiplier account. Your other accounts earn their own interest rate.
Case in point, I have a POSB Savings and DBS Multiplier account. My POSB savings earns 0.05% interest while the Multiplier earns 1.55% to 1.85%.
How do I know? Every month, my Multiplier has interest deposited while my POSB savings has nothing deposited other than the end of the year.