DBS changed its Mutiplier plan

[OngHuatHuat]

Ya. My Dividends also not reflected, although it's included in the total amount at the bottom. Strange..

I called in but they didn't get back to me .

 

[Mad_Stranger]

Ya. My Dividends also not reflected, although it's included in the total amount at the bottom. Strange..

Good point. At least the total amount is updated correctly.
I think it is a bug. Hopefully it will be rectified soon.

 

[Niaoson]

Any idea how long it takes for POSB Invest Saver transactions to be tracked under the Bank and Earn page? Deduction successfully done on 15 Jan but still not tracking until now..

 

[OngHuatHuat]

I called in again just now, hope they do something about it.

Good point. At least the total amount is updated correctly.
I think it is a bug. Hopefully it will be rectified soon.

 

[lindseymin]

Hi, which DBS credit card has cheapest fee if I just want to use and spend less than $10 each month, cause I'm using UOB one also (which means all the spending is on UOB).


Also I read some users say if DBS cant waive the annual fee, we can cancel card? can help me understand if this is correct?

If I use the card, and when its time to pay for that annual fee, I call to ask for waive fee. But if they dont allow cause I rarely use this card, then I just cancel the card? Like this will I need to pay the annual fee after i cancel?
If cancel card, can reapply the SAME credit card or not?


sry if its a noob question, my first time applying for credit card.

 

[hyperbole]

Hi, which DBS credit card has cheapest fee if I just want to use and spend less than $10 each month, cause I'm using UOB one also (which means all the spending is on UOB).


Also I read some users say if DBS cant waive the annual fee, we can cancel card? can help me understand if this is correct?

If I use the card, and when its time to pay for that annual fee, I call to ask for waive fee. But if they dont allow cause I rarely use this card, then I just cancel the card? Like this will I need to pay the annual fee after i cancel?
If cancel card, can reapply the SAME credit card or not?


sry if its a noob question, my first time applying for credit card.

Annual fee is always charged for next year, so if you cancel the card the charges will be waived. You can request for waiver for all banks except OCBC.

 

[Stallone]

Annual fee is always charged for next year, so if you cancel the card the charges will be waived. You can request for waiver for all banks except OCBC.

how abt amex krisflyer card? u think can waive?

 

[hyperbole]

how abt amex krisflyer card? u think can waive?

depends on your spending. i heard varying results with amex, but they did not waive the charges for mine, so i cancelled.

 

[Squaredot]

Ya. My Dividends also not reflected, although it's included in the total amount at the bottom. Strange..

I called in again just now, hope they do something about it.

finally rectified liao

 

[lindseymin]

Annual fee is always charged for next year, so if you cancel the card the charges will be waived. You can request for waiver for all banks except OCBC.

Erm, then after cancel the card, then apply back same card huh? so like this no need pay fee yearly?

 

[Trazora]

Erm, then after cancel the card, then apply back same card huh? so like this no need pay fee yearly?

they may not approve the card if you re-apply so soon.

 

[mrtanbg]

they may not approve the card if you re-apply so soon.

True usually is one year wait.

Sent from Google PIXEL XL using GAGT

 

[vegavega25]

POSB Invest Saver vs. others

I am just trying to understand what the attraction is to invest via the POSB Invest Saver route vs any other regular RSP (regular savings plan).

Is it basically that (1) there are 2 funds offered through POSB Invest Saver meaning that we don't need to search through hundreds of funds ourselves, (2) these are two ETFs, and (3) the minimum amount to buy-in is S$100 to start with, as opposed to S$1000 in most other funds?

 

[wilflare]

opened my DBS Multiplier on 29 Dec
but no $20 cash gift :/

there's no further bonus with more than 2 categories right? (CC + Investment)

 

[sharinganez]

how come everyone is rushing in to open multiplier acc?
if u have max $ (70k OCBC vs 50k DBS) in saving account, OCBC 360 still producing more interest $ right?

 

[hyperbole]

how come everyone is rushing in to open multiplier acc?
if u have max $ (70k OCBC vs 50k DBS) in saving account, OCBC 360 still producing more interest $ right?

Are you using the extra 20k put in OCBC to say there's more interest? The 20k could be put elsewhere

 

[sharinganez]

Are you using the extra 20k put in OCBC to say there's more interest? The 20k could be put elsewhere

im currently with 360 now, $ well park inside..
still thinking whether wan to switch or not
any advise where to put the extra 20k if i switch it to dbs?

 

[Trazora]

im currently with 360 now, $ well park inside..
still thinking whether wan to switch or not
any advise where to put the extra 20k if i switch it to dbs?

maybe Citi Maxigain

 

[hyperbole]

im currently with 360 now, $ well park inside..
still thinking whether wan to switch or not
any advise where to put the extra 20k if i switch it to dbs?

CIMB fastsaver of fixed deposit

 

[sharinganez]

CIMB fastsaver of fixed deposit

maybe Citi Maxigain

Hav done some math...
ocbc : 70,000 * 1.8% = 1,260
dbs : 50,000 * 2.2% + 20,000 * 1.0% = 1,300

the diff is minimal, guess i'll just stick with ocbc
thanks for the inputs.