What is the interest rate after the first 25k on DBS multiplier? Is it 0.05% (standard bank interest rate)? If so, should i park my money (in excess of 25k) elsewhere for higher interest? - Seedly
 

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Asked 2w ago

What is the interest rate after the first 25k on DBS multiplier? Is it 0.05% (standard bank interest rate)? If so, should i park my money (in excess of 25k) elsewhere for higher interest?

Assuming I only have SALARY + 1 category spend. Are there other bank accounts that I should be considering?

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It will be based on the prevailing interest rate, currently at 0.05% per annum.

It depends on whether you need so much liquidity in the short run. Either way, you should park it elsewhere for better yield over time.

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