DBS changed its Mutiplier plan

iadpotato

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Finally! Can see bank and earn liao! After like 2 months... got the last 3.5% pa for July... after that drop to 2.8% liao

UcWo1UC.jpg

 

twinklingstars

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Guys,
I'm about to embark on Multiplier plan this Aug.
However, I had doubt (perhaps this has been asked before) as I had setup a regular DBS Invest-Saver (since early last year 2019) to buy ETF monthly. Upon reading the fine print on the investment criteria it says only recognised for the first 12 consecutive months (which clearly my DBS invest-Saver has been running for more than 12 months).

Does that means I should terminate my current Invest-Saver arrangement? And subscribe again? In-order to be counted on the "Investment" criteria?

Any input, guys?

Thanks

Hi guys, tapping on the above question, T&C says investment criteria only recognised for the first 12 consecutive months, what to do after that to fulfill the investment criteria? Thank you!
 

alex22

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Payment is auto.
Sharing my experience: I signed up for cancel care online in mid Nov 2019, and premium was deducted right away. But there was no deduction in Dec 2019, only from Jan 2020 onwards. I still got my dbs multiplier interest from Dec onwards.
Do check the B&E summary online- if the full premium (before 35% discount) is shown as eligible category (insurance) and amount, then things should be fine. If not, can ask DBS.
Same issue I have now, 1st payment at sign up 02July, discounted rate fee obtained.
Active policy, next expected deduction 02August.

No deduction yet at time of post.
But it does show upnas an existing category fulfilled.
 

alex22

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hi guys, my salary transaction code is "ADV" but inside reference got "SALA"

i guess like that is not recognized by DBS right? :s22:

This code is defined by your employer, not by the bank de. Reference no use one
 

HoGnix

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A part from normal Credit Card, does secured Credit Card or Student Live Fresh Credit Card qualify the Credit card spending category?
 
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