DBS changed its Mutiplier plan

[reddevil0728]

If you are getting insurance for the sake of higher interest and not for the cover, may not be advisable to pay annually. If bank cut rate and you deem it no longer attractive to cover, can terminate and run. If pay annual a bit more troublesome to ask for refund (and not sure if allowed and how this is processed processed).

Think that’s why poster asking how to pay over 12 months

 

[vsvs24]

Think that’s why poster asking how to pay over 12 months

I interpret that he is interested to pay annually, probably cheaper

 

[questionman26]

I started RSP on 13th this month, and got deducted on 15th. Until today I have not seen the transaction in ibanking. My dashboard just show 0.00 in my investment.

1) How long will it take for the RSP amount to transact into the ETF units?
2) Will the RSP being recognized as this month (Oct) category?

TIA

 

[reddevil0728]

I started RSP on 13th this month, and got deducted on 15th. Until today I have not seen the transaction in ibanking. My dashboard just show 0.00 in my investment.

1) How long will it take for the RSP amount to transact into the ETF units?
2) Will the RSP being recognized as this month (Oct) category?

TIA

Bank and earn usually take some time to reflect.

as long as money got taken i wouldn't worry too much about

 

[maumu]

I started RSP on 13th this month, and got deducted on 15th. Until today I have not seen the transaction in ibanking. My dashboard just show 0.00 in my investment.

1) How long will it take for the RSP amount to transact into the ETF units?
2) Will the RSP being recognized as this month (Oct) category?

TIA

if got deducted on 15th then is safe already lah... can't run road. there's also an eAdvice which states the date of purchase, number of units, etc.

the bank and earn summary will take some days to update... still got more than a week to month end, they are just slow in updating... maybe too many modules to transfer data here and there.

 

[maple96]

I started RSP on 13th this month, and got deducted on 15th. Until today I have not seen the transaction in ibanking. My dashboard just show 0.00 in my investment.

1) How long will it take for the RSP amount to transact into the ETF units?
2) Will the RSP being recognized as this month (Oct) category?

TIA

Many people here never read the DBS Multiplier FAQ, dunno the rules so anyhow blame DBS. That guy always anyhow blame, not just DBS but socash too

After deduction on 15th, wait about 3-4 working days for it be posted to your investment account, then wait another 3-4 workings days for it to be reflected in BNE. All these are documented in the FAQ!

Pls read the FAQ, it is like your bible to your "wealth building" with Multiplier!

(ps I lost count how many times I posted the above tnc in this thread, u guys are not reading )

 

[demoforce1]

B&E error

Any issue with B&E summary now?
I still see my insurance and credit card spent last week, but since Sat, become $0
https://ibb.co/PhjfN34

 

[reddevil0728]

Any issue with B&E summary now?
I still see my insurance and credit card spent last week, but since Sat, become $0
https://ibb.co/PhjfN34

So last week got number now don’t have?

 

[Squaredot]

Any issue with B&E summary now?
I still see my insurance and credit card spent last week, but since Sat, become $0
https://ibb.co/PhjfN34

Just check my B&E, it's in order.

 

[demoforce1]

So last week got number now don’t have?

yes, last week still have, now only salary
just chat from digibot, the agent say interest will still count even b&e not correct

 

[questionman26]

Many people here never read the DBS Multiplier FAQ, dunno the rules so anyhow blame DBS. That guy always anyhow blame, not just DBS but socash too

After deduction on 15th, wait about 3-4 working days for it be posted to your investment account, then wait another 3-4 workings days for it to be reflected in BNE. All these are documented in the FAQ!

Pls read the FAQ, it is like your bible to your "wealth building" with Multiplier!

(ps I lost count how many times I posted the above tnc in this thread, u guys are not reading )

Hello Bro, are you referring wrong person? I never blame socash and don't know what is that. I just ask for information from kind bro here. Never have intention to blame DBS too.

 

[oceanicmanta]

From this month, if you are with DBS for your SRS, dividend credited into your SRS is also considered "Income" ...

sorry to dig up old post ... has DBS updated / changed its SRS Statement format ?

last time, the format was quite bad

 

[chiokcc]

sorry to dig up old post ... has DBS updated / changed its SRS Statement format ?

last time, the format was quite bad

Don't know what you mean by quite bad. Do you mean the online or e-statement?

I am quite OK with both.

 

[havetheveryfun]

I started RSP on 13th this month, and got deducted on 15th. Until today I have not seen the transaction in ibanking. My dashboard just show 0.00 in my investment.

1) How long will it take for the RSP amount to transact into the ETF units?
2) Will the RSP being recognized as this month (Oct) category?

TIA

still no update. faster worry

 

[caleb.seah]

After etf rsp being credited, how do i sell those etf?

 

[Trazora]

After etf rsp being credited, how do i sell those etf?

Go to the investment section of dbs digibank or ibanking to redeem

 

[ABuNeNe]

thanks reddevil0728!

just setup my insurance with cancercare at a premium of $11.57 for the first 12 months and investment with RSP on ABF Singapore Bond Index

will wait for my salary credit and transfer in my funds

salary credited yesterday have already reflected in my B&E Summary but not the investment with RSP on ABF Singapore Bond Index setup on 8 Oct and debited on 15 Oct, any idea?

 

[reddevil0728]

salary credited yesterday have already reflected in my B&E Summary but not the investment with RSP on ABF Singapore Bond Index setup on the 8 Oct, any idea?

There’s always a lag time...

As long money deducted. Wouldn’t be too worried about it

 

[demoforce1]

salary credited yesterday have already reflected in my B&E Summary but not the investment with RSP on ABF Singapore Bond Index setup on 8 Oct and debited on 15 Oct, any idea?

if not wrong around 25th

 

[Squaredot]

salary credited yesterday have already reflected in my B&E Summary but not the investment with RSP on ABF Singapore Bond Index setup on 8 Oct and debited on 15 Oct, any idea?

no worries. If your RSP is deducted on 15 Oct, it will show up next week.