DBS changed its Mutiplier plan

[Alex K]

How does the investment bonus for dividend work? Only during months that I get dividend then I’ll get the extra interest?

Yes. Check your online Bank&Earn Summary.
Even $1 dividend counts.
Too bad SGX dont have stocks that pay div monthly.

Sent from Samsung Note8 using GAGT

 

[Alex K]

intereting. Does CPF IS dividend count?

CPF IS dividends goes back to CPF, does not go into POSB/DBS accounts, so no count.

Sent from Samsung Note8 using GAGT

 

[only_lonely]

how the interest rate compared to ocbc360 or boc smart saver. am thinking which savings account to jump.

 

[TabascoSauce]

how the interest rate compared to ocbc360 or boc smart saver. am thinking which savings account to jump.

u cant open the respective webpages and compare urself meh? how would anyone know which one will be better for u when the interest rate varies depending on various criteria?

 

[zSpiraL]

Hi all, one question regarding the Credit Card Spend..

From the site FAQ:
Q1) Are all types of credit card transactions eligible?
Only posted retail and cash advance transactions are considered eligible credit card spend.

MasterCard® Paypass™ payment at watsons, sheng siong etc.. considered posted retail transaction or cash advance transactions?

 

[Trazora]

Hi all, one question regarding the Credit Card Spend..

From the site FAQ:
Q1) Are all types of credit card transactions eligible?
Only posted retail and cash advance transactions are considered eligible credit card spend.

MasterCard® Paypass™ payment at watsons, sheng siong etc.. considered posted retail transaction or cash advance transactions?

MasterCard® Paypass™ payment at watsons, sheng siong etc are retail transactions. It will count as credit card transaction for DBS multiplier once it is posted by the merchant.

 

[Soul77]

I already have Nikko STI ETF InvestSaver RSP opened before my multiplier account, so this is not eligible.

Now, if I set up another Nikko ABF Bond fund ETF, will it be eligible for the multiplier category?

 

[Trazora]

I already have Nikko STI ETF InvestSaver RSP opened before my multiplier account, so this is not eligible.

Now, if I set up another Nikko ABF Bond fund ETF, will it be eligible for the multiplier category?

Should be eligible if you do not have the ABF bond ETF before, or closed and fully redeemed it more than 6 months ago.

 

[Soul77]

Should be eligible if you do not have the ABF bond ETF before, or closed and fully redeemed it more than 6 months ago.

Ok. Thanks. Will try out next month

 

[item2sell]

CPF IS dividends goes back to CPF, does not go into POSB/DBS accounts, so no count.

Sent from Samsung Note8 using GAGT

Hmm.. is it?

I see that my CPF dividend will stay in my DBS account for a while, and then transferred to CPF.

 

[xipi]

Hi All, questions for the recognise spending...

1/ Does pay the SPC by using Everyday Card though Giro considers as Credit Card Spend?

2/ Does using DBS Visa Debit Card, visa pay wave considers as Credit Card Spend?

3/ For Online Equity Trade, selling share through DBS Vickers online trading platform can considers as eligible transaction?

Many Thanks.

 

[Trazora]

Hi All, questions for the recognise spending...

1/ Does pay the SPC by using Everyday Card though Giro considers as Credit Card Spend?

2/ Does using DBS Visa Debit Card, visa pay wave considers as Credit Card Spend?

3/ For Online Equity Trade, selling share through DBS Vickers online trading platform can considers as eligible transaction?

Many Thanks.

1. You mean SP, not SPC right? Either case considered card spend.

2. No. Debit card spend not counted.

3. Sell not counted. Buy counted.

 

[xipi]

1. You mean SP, not SPC right? Either case considered card spend.

2. No. Debit card spend not counted.

3. Sell not counted. Buy counted.

Yes...is SP..paiseh. Giro consider as card spend... Good!. No need use the card for the pathetic 0.3%.....Thanks you.

 

[Trazora]

Yes...is SP..paiseh. Giro consider as card spend... Good!. No need use the card for the pathetic 0.3%.....Thanks you.

I assumed your "GIRO" is actually recurring bill payment charged to the credit card.

 

[leoch037]

Should be eligible if you do not have the ABF bond ETF before, or closed and fully redeemed it more than 6 months ago.

i terminated my ABF bond ETF in Oct, but i have yet to redeem all remaining units
does my 6 mths start from Oct or only after i redeem all units?

 

[Trazora]

i terminated my ABF bond ETF in Oct, but i have yet to redeem all remaining units
does my 6 mths start from Oct or only after i redeem all units?

After full redemption

 

[nefariel]

Hi all, just to check - i had amounts deducted on 15 and units credited to me for the etfs.

but my bamk and earn summary does not show any amounts under investments. is this supposed to be the case? or should i call in and ask.

my other components are showing as usual.

 

[Trazora]

Hi all, just to check - i had amounts deducted on 15 and units credited to me for the etfs.

but my bamk and earn summary does not show any amounts under investments. is this supposed to be the case? or should i call in and ask.

my other components are showing as usual.

As in you bought Units under POSB investsaver? It will only be reflected later, if eligible.

 

[gamma7sg]

for info, there is a clause for regular saving plans for investment and insurance.


If my interpretation is correct, the bank will only be keeping track for 12 months only...


https://www.dropbox.com/s/me9qete45b547kf/Clipboard01.jpg?dl=0

 

[nefariel]

As in you bought Units under POSB investsaver? It will only be reflected later, if eligible.

yup. thanks. so they should be reflected by end of month?