DBS changed its Mutiplier plan

[cassowary18]

Wow, thanks! Never know there is such a counter. Dun have this when using PC to login.

Hope that this feature on appear soon on both PC and App will be similar in the near further....

It also appears in your monthly statement I believe.

 

[reddevil0728]

It also appears in your monthly statement I believe.

Yep

 

[chiokcc]

It also appears in your monthly statement I believe.

I login to see "DBS/POSB Consolidated Statement", do not see any indication of how many months of x/12 leh....

 

[cassowary18]

I login to see "DBS/POSB Consolidated Statement", do not see any indication of how many months of x/12 leh....

After the list of your transactions, there should be a part that says "Eligible Transactions for (MONTH)"

 

[chiokcc]

After the list of your transactions, there should be a part that says "Eligible Transactions for (MONTH)"

Dun have ... wonder why is it different?

 

[reddevil0728]

Dun have ... wonder why is it different?

Multiplier statement

 

[chiokcc]

Multiplier statement

You mean a dedicated statement for Multiplier, not a consolidated one?

 

[reddevil0728]

You mean a dedicated statement for Multiplier, not a consolidated one?

Ya there should be one?

 

[babyrobo]

What's the actual step to take if say insurance 12/12 is occurring in August? Which month should cancelation happen (after August interest comes in?) and which month/day to sign up the next new insurance plan? Thanks!

 

[reddevil0728]

What's the actual step to take if say insurance 12/12 is occurring in August? Which month should cancelation happen (after August interest comes in?) and which month/day to sign up the next new insurance plan? Thanks!

Meaning aug is the last month of deduction.

then best to cancel in early sep.
Sign up in a sep

 

[chiokcc]

Ya there should be one?

I dun have leh .... never mind, now can use App to check.

Thanks to all who responded ....

 

[reddevil0728]

I dun have leh .... never mind, now can use App to check.

Thanks to all who responded ....

you chose estatement or paper statement?

 

[highsulphur]

What's the actual step to take if say insurance 12/12 is occurring in August? Which month should cancelation happen (after August interest comes in?) and which month/day to sign up the next new insurance plan? Thanks!

Cancel in Aug and buy again in Aug.

 

[reddevil0728]

Cancel in Aug and buy again in Aug.

If 12/12 deduction happens in Aug, that means it will count in Sep. Why buy again in Aug? then like that sept count twice?

 

[demoforce1]

Meaning aug is the last month of deduction.

then best to cancel in early sep.
Sign up in a sep

hmm I though insurance must sign up 1 month before, so 12/12 in aug, should sign up insurance in aug too

 

[reddevil0728]

hmm I though insurance must sign up 1 month before, so 12/12 in aug, should sign up insurance in aug too

ya. so if your 12/12 deduction gets taken in aug which means count for sep, and u go cancel it after that deduction and sign up for a new 1 in aug, then like that you are double counting for sep???

 

[chiokcc]

you chose estatement or paper statement?

I dun have paper statement for a long time already.

Think there used to be estatement for individual accounts. Then along the way, become consolidated.

 

[vegavega25]

ya. so if your 12/12 deduction gets taken in aug which means count for sep, and u go cancel it after that deduction and sign up for a new 1 in aug, then like that you are double counting for sep???

OP said insurance 12/12 is August, not that deduction happens in August.

 

[reddevil0728]

I dun have paper statement for a long time already.

Think there used to be estatement for individual accounts. Then along the way, become consolidated.

did you check the statement settings on your internet banking?

 

[reddevil0728]

OP said insurance 12/12 is August, not that deduction happens in August.

oh then adjust accordingly lor.