HL Low

05 Mar 2020

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Why is my DBS Multiplier interest so little?

Hi, I am a new user of Multiplier, have a bit of credit card spending last month (Oct) and 15k in my Multiplier account. Would like to check if the Multiplier interest code is ATINT, and if so, why mine is only $0.78c for the month of Oct. I have also made some trades on DBS Vickers, so was expecting my interest to be a lot higher. Thanks!

DBS/POSB Multiplier Account

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Kelly Trinh

01 Nov 2019

Backoffice technical at financial services firm

Did you have salary credit in October? You need it to unlock the other tiers in the bonus interest table.

Details here:
https://www.dbs.com.sg/personal/deposits/bank-e...

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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

Related Posts

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?

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?

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!?

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?

How does the calculation of interest work with DBS Multiplier? Does the balance from the other DBS savings account included?