Anonymous

07 Jun 2019

∙

How do I earn maximum benefit of DBS Multiplier?

I'm 25 currently have SGD60k (full savings) in my DBS Multiplier Account; in which I earn 2.2% (includes salary, credit card and investments (RSP)).

In view that DBS multiplier only gives the interest benefit of up to SGD50k savings, please advise on how should I utilize the remaining SGD10k? Or should I put it elsewhere?

Thank you very much!

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Gabriel Tham

07 Jun 2019

Tag Team Member at Kenichi Tag Team

If you are married, can put into your spouse's account (multiplier or other bank's version) to get the higher tier interest. If full already, then CIMB fastsavers or Singapore savings bonds.

If you are single, can use CIMB fastsaver for 1%. Or alternatively, buy Singapore savings bonds.

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Yong Kah Hwee

07 Feb 2019

Like what the others have mentioned, CIMB Fastsaver and the Singapore Saving Bonds are good alternatives :)

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Nicholes Wong

04 Feb 2019

Diploma in Business Management at Nanyang Polytechnic

Put into Singapore Saving Bonds or CIMB Fastsaver. You can also consider citi maxigain if you have 1...

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Hi, with the new changes with the DBS Multiplier, should I upgrade my e-everyday saving acc into the DBS Multiplier before NS, then apply for the Save As You Serve to earn more interest for the SAYS + the paylah retail spending for Multiplier?

Do both of us (couple) need to apply for DBS credit card for both of us to earn DBS multiplier interest?

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!?

Do I earn Multiplier interest on my other DBS savings account if I have a Multiplier account?

Currently I have a POSB eSavings account and MySavings account and I intend to have a higher interest earned for thr savings account. Do I open the DBS multiplier acct? If I do, do I close one acct?