DBS changed its Mutiplier plan

[reddevil0728]

as per many people here said, only cancel after received the interest

that's even safer yes.

 

[sansanjikikut]

Ya lor $100 only

 

[reddevil0728]

Ya lor $100 only

huh????

 

[RedsYWNA]

the condition is as long as the amount is invested for the month, it should count regardless whether the rsp is cancelled within the month right?

Got Tnc to say u can't cancel within the mth. I kena b4 so I remembered.

 

[IronMan123]

as per many people here said, only cancel after received the interest

Yes totally agree.

 

[maumu]

Hi multiplier users, are CardUp transactions charged to posb everyday card considered as eligible card spend?

 

[Trazora]

Hi multiplier users, are CardUp transactions charged to posb everyday card considered as eligible card spend?

yes almost any cc spending count to multiplier

 

[maumu]

yes almost any cc spending count to multiplier

was a bit uncertain because read the cardup thread and it says cardup transactions using DBS Live Fresh card are not eligible spend...

https://carduphelp.zendesk.com/hc/en-us/articles/115002393727

 

[silverbomb]

was a bit uncertain because read the cardup thread and it says cardup transactions using DBS Live Fresh card are not eligible spend...

https://carduphelp.zendesk.com/hc/en-us/articles/115002393727

That's for live fresh.

 

[maumu]

so can I get some confirmation from anyone here who has used the posb everyday card with Cardup and qualified as eligible spend?

not just based on what is not eligible. want to be sure, so asking those who have actually done it before.

 

[reddevil0728]

think you need to differentiate between card benefit and multiplier transaction recognition.

there can be transactions that don't get card benefits, but recognise for multiplier

 

[maumu]

think you need to differentiate between card benefit and multiplier transaction recognition.

there can be transactions that don't get card benefits, but recognise for multiplier

I'm not interested in the card benefits, just want to ensure the card spend is eligible for multiplier. so what are card spends that aren't eligible for multiplier? None?

So, I can use the card to pay for government services and it'll still be eligible for multiplier interest...?

 

[reddevil0728]

I'm not interested in the card benefits, just want to ensure the card spend is eligible for multiplier. so what are card spends that aren't eligible for multiplier? None?

So, I can use the card to pay for government services and it'll still be eligible for multiplier interest...?

What are the eligible credit card transactions?​

Only posted retail and cash advance transactions will be recognised as eligible credit card spend. Balance transfers, instalment payment plans, preferred payment plans, and any fees/ charges imposed by the bank are not eligible.
Example:
30 Aug: Credit card spend is made at a merchant.
1 Sep: Transaction is posted to your credit card account.
This transaction is therefore recognised under September’s credit card spend (not August).

https://www.dbs.com.sg/personal/deposits/multiplier/faqs.page
according to what they have said

 

[sansanjikikut]

Yes even cc bill payments to Amex are eligible

 

[cassowary18]

so can I get some confirmation from anyone here who has used the posb everyday card with Cardup and qualified as eligible spend?

not just based on what is not eligible. want to be sure, so asking those who have actually done it before.

Worth it meh.

 

[maumu]

based on what some have shared, no need to even use CardUp.. can directly pay using the everyday card for my insurance premium and still be eligible for multiplier under card spend?

previously used CardUp with UOB cos they don't recognise insurance payment as eligible transaction...

 

[IronMan123]

Wah, first time annual fee waiver for POSB Everyday rejected by DBS. Luckily I still have Live Fresh card to clock credit card spending for Multiplier acc.

 

[reddevil0728]

based on what some have shared, no need to even use CardUp.. can directly pay using the everyday card for my insurance premium and still be eligible for multiplier under card spend?

previously used CardUp with UOB cos they don't recognise insurance payment as eligible transaction...

cause 2 different criteria.

You can always test spending with a few bucks to check

 

[reddevil0728]

Wah, first time annual fee waiver for POSB Everyday rejected by DBS. Luckily I still have Live Fresh card to clock credit card spending for Multiplier acc.

u got how many cards?

 

[maumu]

cause 2 different criteria.

You can always test spending with a few bucks to check

unfortunately I don't have 'cheap' insurance premium to test.