Anonymous
How to best optimise DBS multiplier in terms of investments?
Not sure how to hit the higher interest rates for investments as i newly opened this account. Furthermore, what if i invest say S&P500 with another broker, does this mean i do not hit the category if the money still comes from that account?
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Jiayee
21 Oct 2020
Salaryman at some company
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From DBS website about the investment category:
DBS Invest-Saver (Recognised for the first 12 consecutive months)
Valid for new DBS Invest-Saver purchased after opening your Multiplier Account.
The monthly contribution amount of Invest-Saver plan for Unit Trusts (UT) or Exchange Traded Funds (ETF) will be recognised for the first 12 consecutive contributions per investment fund.
Contribution must be made in cash, not using funds from your CPF or Supplementary Retirement Scheme (SRS) account.
Please go to the website to verify too!