DBS changed its Mutiplier plan

[sansanjikikut]

What’s the max Dca per month amount for the 4 posb invest saver etfs ? Minimum is $100 , max is no limit ?

 

[Trazora]

What’s the max Dca per month amount for the 4 posb invest saver etfs ? Minimum is $100 , max is no limit ?

max $3000 for each RSP

 

[reddevil0728]

So the whole process can take up to a week? Including the redemption proceeds back to multiplier account

Yep around there.

 

[iadpotato]

max $3000 for each RSP

I don’t think gor limit. When price was low I have rsp $5000 in a month before once...

Posted on my Graphite iPhone 12 Pro Max with the HardwareZone Forums app

 

[sansanjikikut]

I tried to edit my rsp to 10k. Submission was successful. You mean it will fail when the attempted deduction process on 15?

 

[TheAlphaLion]

I tried to edit my rsp to 10k. Submission was successful. You mean it will fail when the attempted deduction process on 15?

RSP fee is at least 0.5%. If you buying large amount >$5000 it is cheaper to directly buy using vickers or other brokers

 

[Trazora]

I tried to edit my rsp to 10k. Submission was successful. You mean it will fail when the attempted deduction process on 15?

Used to be max 3k, guess now no cap.

 

[highsulphur]

RSP fee is at least 0.5%. If you buying large amount >$5000 it is cheaper to directly buy using vickers or other brokers

Yup agree. Better off to RSP yourself

 

[IronMan123]

RSP fee is at least 0.5%. If you buying large amount >$5000 it is cheaper to directly buy using vickers or other brokers

The reasons he bought from DBS:
To satisfy investment category & fulfil certain tier.

 

[highsulphur]

The reasons he bought from DBS:
To satisfy investment category & fulfil certain tier.

You can still fulfil the category with purchase using vickers

 

[TehSi99]

anyone here with SAYE account too?

Just signed up after some planning in consideration of the rerevised interest rates.

 

[tytyty333]

Yes, wait until 8 jan and check interest in first

The last interest should be credited tomorrow. Then switch to cashback.

3% rebate from invest sounds good.

 

[maumu]

3% rebate from invest sounds good.

... capped at $30 though.

 

[tytyty333]

... capped at $30 though.

So, invest 1000 per mth.

 

[demoforce1]

The last interest should be credited tomorrow. Then switch to cashback.

3% rebate from invest sounds good.

what promo is this? any URL?

 

[autumm]

Can cancercare be brought towards the cashback program when initially bought for multiplier？

 

[Trazora]

what promo is this? any URL?

Posb cashback bonus. But need to switch away from dbs multiplier if go for posb cashback bonus.

 

[hwmook]

Can cancercare be brought towards the cashback program when initially bought for multiplier？

Need to buy after switching to cashback then counted.

 

[yuzu28]

Posb cashback bonus. But need to switch away from dbs multiplier if go for posb cashback bonus.

You mean this is another bank account?

 

[hwmook]

You mean this is another bank account?

No, but separate benefits. If you on multiplier interest then not eligible for posb cashback scheme. If you are on cashback scheme then no interest. Its one or the other.