DBS changed its Mutiplier plan

[Trazora]

Are investments made via InvestSaver counted?

I've recently started investing via InvestSaver about 2 months ago and I don't see it being registered under 'Bank and Earn Summary'.

I see the following under multiplier FAQ:



Shouldn't my investment made via InvestSaver be registered for Multiplier? Or I have to wait till a year later than it's counted?

investsaver counted if 1) it is registered after you start your dbs multiplier 2) You did not have the fund before or fully redeem the units and terminated the fund more than 6 months ago.

 

[loftystew]

Thanks all for the replies.

I guess I have to give POSB/DBS a call if its still not registered for this month. Darn.

 

[swordsly]

Thanks all for the replies.

I guess I have to give POSB/DBS a call if its still not registered for this month. Darn.

Please do update us on it.

 

[a4973]

Yes. Only one SAL into joint acc. Both multiplier account holder must have cc as principal card holder, spend any amount in both cards, then both multiplier acc are SAL + cc.

further to this
if the SAL crediting spouse also receives dividends into their Joint esavings account would the NON SAL crediting spouse also be deemed to have received dividends & earn the SAL + CC spend + Investment tiers in her own Multiplier acc?

 

[pinpinpin]

for cc spending to qualify for this, can i spend $1 on starhub payment?

 

[little pupsky]

Most certainly.

for cc spending to qualify for this, can i spend $1 on starhub payment?

 

[dontscoldme]

ask stupid question. if i have a home loan with DBS but its 100% paid off by my CPF.
does it count as a valid 2nd transaction and the entire amt is recognised?

like salary = $10,000, Mortgage = $5000,
Do i get 2% p.a.?

 

[ixoral]

Yes as long is a current dbs mortgage, it’s counted. Paid by cpf or cash doesn’t matter

ask stupid question. if i have a home loan with DBS but its 100% paid off by my CPF.
does it count as a valid 2nd transaction and the entire amt is recognised?

like salary = $10,000, Mortgage = $5000,
Do i get 2% p.a.?

 

[kurt111494]

If my salary only gets credited around mid-month, does this mean i'll only receive half of the monthly interest?

 

[pinpinpin]

If my salary only gets credited around mid-month, does this mean i'll only receive half of the monthly interest?

huh what u talking?

salary credited within the month, the entire month get interest for the deposit.

 

[vddgnd]

further to this
if the SAL crediting spouse also receives dividends into their Joint esavings account would the NON SAL crediting spouse also be deemed to have received dividends & earn the SAL + CC spend + Investment tiers in her own Multiplier acc?

Yes. 3 categories for both.

 

[kurt111494]

huh what u talking?

salary credited within the month, the entire month get interest for the deposit.

Even if I just opened the account on the day of salary crediting?

 

[pinpinpin]

Even if I just opened the account on the day of salary crediting?

U re read my sentence And analysis yourself.

 

[osirisx]

Someone might have already asked this, but just wondering if the invest saver rsp will apply for current users or will it only count for new applicants?

Sent from Xiaomi REDMI NOTE 5 using GAGT

 

[swordsly]

Someone might have already asked this, but just wondering if the invest saver rsp will apply for current users or will it only count for new applicants?

Sent from Xiaomi REDMI NOTE 5 using GAGT

Read this.

Q6) I have existing DBS/POSB Unit Trusts that I purchased before I opened the Multiplier Account. Will
they be recognised?
Only new Unit Trust purchase(s) made after you successfully open your Multiplier Account will be
recognised as eligible transactions.

 

[Xasteria]

Anyone can advise what is the lowest minimum joint account for DBS/POSB? It is posb savings with min $500? Want to credit CDP dividend to joint account.

 

[a4973]

Hi all, does anyone know will the crediting of the Great 205 annual coupon via Direct Crediting from Great Eastern Life be considered as Investment?

Sent from Motorola NEXUS 6 using GAGT

 

[vddgnd]

Anyone can advise what is the lowest minimum joint account for DBS/POSB? It is posb savings with min $500? Want to credit CDP dividend to joint account.

I am using minimum $500 account, I can't find lower than that.

 

[bin8lee]

I am using minimum $500 account, I can't find lower than that.

Joint POSBkids Account. min $1

 

[Xasteria]

Joint POSBkids Account. min $1

Cannot just open without kid right ？haha