DBS changed its Mutiplier plan

[iadpotato]

it's the tiong platform that kept discussing it, can't have nice things once that group of people get wind of things.

sorry what tiong group ah? i jiak kan tang one.. haha

anyway, there is more than one way to skin a cat...

 

[sglandscape]

sorry what tiong group ah? i jiak kan tang one.. haha

anyway, there is more than one way to skin a cat...

 

[royalmix]

Even DBS Wealth Planning Mgr was doing this, and showed me her DBS app reflecting this investment and how I could search up Amova ST bond fund

ahha, so it is like the "SA shielding" trick - someone created it?

it's the tiong platform that kept discussing it, can't have nice things once that group of people get wind of things.

I suspect it is "due" to the official change in name, from Nikko AM to Amova, effective last mth.

So as part of the change, the bank need to update the UT database, then to their surprise, they wondered who input $1 instead of $100, for donkey years never update?

And above RM also knew and also benefited from it !

 

[sglandscape]

I suspect it is "due" to the official change in name, from Nikko AM to Amova, effective last mth.

So as part of the change, the bank need to update the UT database, then to their surprise, they wondered who input $1 instead of $100, for donkey years never update?

And above RM also knew and also benefited from it !

You may be right, the timing is almost perfectly matched up. Maybe everyone should call them and ask how come suddenly change, and didn't inform customers beforehand! Bad customer service.

 

[iadpotato]

You may be right, the timing is almost perfectly matched up. Maybe everyone should call them and ask how come suddenly change, and didn't inform customers beforehand! Bad customer service.

should be who put $1 instead of $1000.

even the sales charge also increase from 0.5% to 0.82%

anyway, multiplier still worth playing.. 4.1% really no horse run.

 

[sglandscape]

should be who put $1 instead of $1000.

even the sales charge also increase from 0.5% to 0.82%

anyway, multiplier still worth playing.. 4.1% really no horse run.

The sales charge is what annoyed me, because I don't do $1, it was a good fund to put some money in.

 

[Devilsire]

Thanks, Only Jan mth 100k will have.0.05% (provided I get the exception Casa) Btw, what is the rate pls

huh what Jan 0.05%?

1.38% latest rate, they did check to make sure it's not from past earmark, but I moved funds in anyway for the promo.

1.38% is the latest casa rate? and what ya meant not from past earmark?

 

[sd0711]

Hi, I am new to multiplier. Can we transfer the money on our own like UOB for salary payment. What can we do to unlock higher interest if I dont have house loan. Thanks in advance

 

[Devilsire]

You can apply with "new funds" for a new mth's casa promo!

You cannot use earmarked funds from a prior casa promo to apply! If your funds are released early, you still cannot earmark it for the new promo, it is stated in the tnc clause that your interest will be forfeited! Branch staff will not allow too if you get a good staff, someone shared experience here end of August!

so for those whom previously earmarked 100k multiplier, and enrolled to Treasures multiplier bonus (200k), can earmark another 2nd 100k for casa 1.38%?

i.e 100k 1.58%+4.5% and 100k 1.38%+4.5% ?

 

[reddevil0728]

Hi, I am new to multiplier. Can we transfer the money on our own like UOB for salary payment. What can we do to unlock higher interest if I dont have house loan. Thanks in advance

Certain stuff where it is easy to test yourself, it’s best tested yourself without speaking it out loud.

There are 3 other categories other than house loan.

 

[Mickey01]

Hi, I am new to multiplier. Can we transfer the money on our own like UOB for salary payment. What can we do to unlock higher interest if I dont have house loan. Thanks in advance

if you are new to Multiplier, you should read the information available at DBS Multiplier FAQ page.

 

[lancer6238]

Assumption is wrong, latest tnc says 1 October to 3 November promotion, need to keep it there until 30 January 2026.

The latest CASA is only for 1 month, at 1.38%, and still have to keep the funds in the same account for another ~3 months without the additional CASA interest?

 

[sd0711]

if you are new to Multiplier, you should read the information available at DBS Multiplier FAQ page.

tried reading it but i think the hacks are not written. My salary credit is with another bank so if I can transfer money from another bank as salary, then i can open multiplier account

 

[Shalom_555]

Certain stuff where it is easy to test yourself, it’s best tested yourself without speaking it out loud.

There are 3 other categories other than house loan.

Well said…

 

[iadpotato]

tried reading it but i think the hacks are not written. My salary credit is with another bank so if I can transfer money from another bank as salary, then i can open multiplier account

you don't even need salary to be credited to unlock the salary cat..

 

[Shalom_555]

huh what Jan 0.05%?

1.38% is the latest casa rate? and what ya meant not from past earmark?

Treasures MP promo for 200k is till Dec 2025. From Jan 1 it will revert to 100k max and any amount above it is 0.05%. We can’t withdraw the 100k cos it is casa till end Jan. This is based on current facts and hopefully MP promo is extended for treasures.

 

[sd0711]

you don't even need salary to be credited to unlock the salary cat..

What do i need to do?

 

[Devilsire]

Treasures MP promo for 200k is till Dec 2025. From Jan 1 it will revert to 100k max and any amount above it is 0.05%. We can’t withdraw the 100k cos it is casa till end Jan. This is based on current facts and hopefully MP promo is extended for treasures.

Casa 1.38% Oct-end Jan?

 

[devion]

The latest CASA is only for 1 month, at 1.38%, and still have to keep the funds in the same account for another ~3 months without the additional CASA interest?

Wrong, I had just checked with bank. New Casa is 4 mths till Jan 26.
Also take note that you can only renew Casa after the ear marked final date of previous Casa. The funds typically can be released earlier 1-2 days before earmarked final date. The bank staff will reject the application.
So important to keep track of each Casa ear mark final dates if one likes to continue to join Casa in enjoying the additional bonus interest on top of Multiplier.

 

[Mickey01]

What do i need to do?

FAQ state INCOME cat - Salary/ Dividend credit/ Annuities ............. no??