Anonymous

10 Jan 2020

∙

Is the dbs multiplier additional interest rate applied on the total amount in your bank account or on your cash transactions?

DBS/POSB Multiplier Account

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Gabriel Tham

10 Jan 2020

Tag Team Member at Kenichi Tag Team

Interest is always calculated on your average daily balance in your bank account.

Reply

Save

Write your thoughts

Related Posts

DBS will cut interest rates on flagship Multiplier savings account again from Aug 1, amid a low interest rate environment and macro uncertainties. Will this push you to consider other banks instead?

Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

I am currently enjoying the highest interest rate possible on the DBS multiplier (2 categories). Should I get another savings account or invest the excess money (amount above 50k) into digiportfolio?

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!?

With the cuts in interest rates across various banks (SC Jumpstart, DBS Multiplier), what other viable savings accounts are there that yield better returns?

Related Products

DBS/POSB Multiplier Account

4.4

321 Reviews

Up to 4.10% p.a.

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

Standard Chartered JumpStart Account

4.8

778 Reviews

OCBC FRANK Account

4.7

211 Reviews

Related Posts

DBS will cut interest rates on flagship Multiplier savings account again from Aug 1, amid a low interest rate environment and macro uncertainties. Will this push you to consider other banks instead?

Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

I am currently enjoying the highest interest rate possible on the DBS multiplier (2 categories). Should I get another savings account or invest the excess money (amount above 50k) into digiportfolio?

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!?

With the cuts in interest rates across various banks (SC Jumpstart, DBS Multiplier), what other viable savings accounts are there that yield better returns?