What other savings accounts are recommended since there is a change in the DBS multiplier?

What much do you spend on your credit card now? You need to consider if you change to ocbc or uob, you have credit card minimum spending.

Dbs doesn't have any minimum spend, even $1 will do. Salary credit and credit card give you a already decent interest. Since the new amendment is that it's CAP at 25k for salary credit and Credit card, you still benefits from it.

Don't go into spending more to fulfil your higher tier interest.

Hi anon,

For really no frills accounts, you can consider CIMB fastsaver as there are no requirements at all. Not even salary crediting.

If you want something basic without being implicitly pressured to spend or invest to unlock bonus interest, the OCBC 360 account does a good job as you only need to credit salary to start earning bonus interest, and increasing your average account balance will also unlock bonus interest as well.

Hope that helps!