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DBS changed its Mutiplier plan

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Old 01-10-2017, 03:44 PM   #1
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DBS changed its Mutiplier plan

https://www.dbs.com.sg/personal/edm/201710/01_multiplier_notice/dbs.html
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Old 01-10-2017, 03:45 PM   #2
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https://www.dbs.com.sg/personal/edm/...otice/dbs.html
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Old 01-10-2017, 03:47 PM   #3
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versus UOB one account?
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Old 01-10-2017, 06:03 PM   #4
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New rate fr 1 Nov, no further info at this moment.
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Old 01-10-2017, 06:05 PM   #5
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New rate fr 1 Nov, no further info at this moment.
Thought the details is already on the updated TnC? Quite surprised no card spend and salary crediting amount requirement
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Old 01-10-2017, 06:08 PM   #6
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not much difference leh.

also need to hit the 3 diff catergories.

but higher IR.. which is good
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Old 01-10-2017, 08:29 PM   #7
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Thought the details is already on the updated TnC? Quite surprised no card spend and salary crediting amount requirement
More like they haven't reveal the criteria yet
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Old 01-10-2017, 08:55 PM   #8
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Thought the details is already on the updated TnC? Quite surprised no card spend and salary crediting amount requirement
I saw somewhere is >$7K in total? Not in T&C?

Last edited by zumaba; 01-10-2017 at 09:00 PM..
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Old 01-10-2017, 10:29 PM   #9
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I saw somewhere is >$7K in total? Not in T&C?
$7k in total is current mechanism. Different from new TnC, need salary credit and one of 4 criteria (card spend/mortgage/invest/insurance)
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Old 02-10-2017, 01:20 PM   #10
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Surprised that DBS would actually increase the interest given. Under the current Multiplier mechanism, I thought that they were fairly competitive (compared to UOB and OCBC). Only BOC gives a slightly higher interest rate in comparison.
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Old 02-10-2017, 01:31 PM   #11
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Surprised that DBS would actually increase the interest given. Under the current Multiplier mechanism, I thought that they were fairly competitive (compared to UOB and OCBC). Only BOC gives a slightly higher interest rate in comparison.
but give BOC's fabulous rebate on its Family visa card spending, I believe overall BOC's SmartSave a/c still beats DBS Mutiplier a/c even with its new higher interest rate.
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Old 02-10-2017, 02:06 PM   #12
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but give BOC's fabulous rebate on its Family visa card spending, I believe overall BOC's SmartSave a/c still beats DBS Mutiplier a/c even with its new higher interest rate.
Think need to see what is the amount required for salary crediting and card spend for DBS multiplier before making this assessment.
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Old 02-10-2017, 08:14 PM   #13
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I believe they will only make it harder and tougher....
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Old 03-10-2017, 12:21 PM   #14
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I believe they will only make it harder and tougher....
Agree, that almost seems certain since if they're giving better interest rates, then they have to cut the payout somewhere. Banks aren't a charity and DBS would be comparing their offering to all the other banks in Singapore.
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Old 31-10-2017, 06:52 PM   #15
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More update on this post http://forums.hardwarezone.com.sg/11...0-post132.html
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