Should I close my DBS Remix Savings account and link everything to my newly opened DBS Multiplier account? - Seedly
 

DBS

Bank Account

DBS Multiplier Account

Asked by Anonymous

Asked on 21 Aug 2018

Should I close my DBS Remix Savings account and link everything to my newly opened DBS Multiplier account?

1

Answers (8)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent

Yes, DBS multiplier is much better. No minimum spend required too. Just make sure you have minimum 3k maintained in the multiplier account.

1 comment

2
Leong Wen Fong
Leong Wen Fong

17 Sep 2018

Yo Gab, someone said remix has no fall below fee for life, so he suggested transferring money out of it but keeping the account just in case there's a day you need it again.. What do you think?
JianHao Soo
JianHao Soo
Level 5. Genius
Answered on 16 Sep 2018

Yes, the interest rate in Multiplier is higher

0 comments

1
Nicholas Chan
Nicholas Chan
Level 6. Master
Answered on 16 Sep 2018

No, remix account has no fall below fee for life. Do not close it! Just transfer everything to your multiplier account. U might 1 day use your remix account again. :)

0 comments

1
Good Day Every Day
Good Day Every Day
Level 8. Wizard
Answered on 16 Sep 2018

Yes because of higher interest rates

0 comments

1
Jeff Yeo
Jeff Yeo, amateur Social contributor at School of social sharing
Level 7. Grand Master
Answered on 16 Sep 2018

Yes close the older account and join the DBS muliplier camp !

Higher interest rates and better perks

0 comments

1

Too many factors to consider here, but if you have a salary and you'd like higher interest with all other factors consistent, yes.

0 comments

1

Yes. Close the DBS Remix Account.

Try to have as a few account as possible and focus on ur main account.

DBS Remix Account might not have fall below fee for life but

1. $2 withdrawal fee if more than $4 ATM cash withdrawal in the month

2. Counter transaction $2 per cash withdrawal for amount within ATM cash withdrawal limit

3. highest interest rate is 0.1%

Just point number 3 is enough for you to move on and Pt 1 and 2 make life difficult for u when u need cash most.

IS better to be faithful to ONE then to have an affair.

Please upvote for me Only if you see Quality in my reply.

Thank you.

0 comments

0
Jay Liu
Jay Liu, Diploma in Accountancy at KHEA
Level 7. Grand Master
Answered on 16 Sep 2018

If you're able to hit the bonus interest in DBS multiplier, yea close the remix account and shift your cash to multiplier for better interest rates.

0 comments

0