Anonymous

07 Jun 2019

∙

Some questions about DBS Multiplier?

Hi there! Just wanted to confirm a couple of things if i were to apply for a Multiplier account:-

Currently have existing POSB acc, if apply does it mean my current acc becomes the Multiplier? Or new account made (i.e 2 accs)
Salary - must credit to the Multiplier acc/any DBS/POSB acc?
CC - ive not used a cc before, is it every month have to pay the bill via the Multiplier acc to get the interest or any DBS/POSB acc?
Dividend - have to be credited to Multipler/any DBS/POSB acc?

DBS/POSB Multiplier Account

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Gabriel Tham

07 Jun 2019

Tag Team Member at Kenichi Tag Team

They will create a new multiplier account for you.

Salary need not go into the new multiplier account, as long as it has the correct transaction code

No, You dont have to use multiplier to pay credit card, as long as u clock the spend is enough.

Dividend, same like salary as long as credit to a posb/dbs account

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Hi Seedly fans! I have a question about the DBS multiplier investment category. I set up a regular savings plan with DBS and was wondering how long will my RSP count as an investment category?

Urgent question: Do I need to hold off investing in POSB Invest-Saver until I open a DBS Multiplier account?

I am a fresh grad interested in maximising my interest with DBS Multiplier! I have two basic questions on the investments and credit card categories of the account. ?

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?

I have open a DBS multiplier account to enjoy the interest. Previously I was using POSB saving account with 0.05% of interest. Should I close my old account,now that I have the DBS multiplier account?