DBS changed its Mutiplier plan

[reddevil0728]

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

What do i need to do?

Don’t just read.

analyse

 

[maumu]

"... but i think the hacks are not written"

you expect the banks to be openly telling customers how to hack their programme?

 

[Devilsire]

You have nothing to lose with 100k on this!

My RM just touch base with me via email!

its kinda frustrating cos i have no RM arranged yet thus im unable to enquire on the exact tncs
and seems most are giving different infos, some say one mth some say till end jan,
some say can 2 tranches of casa, some say only 1 casa and must be after final date.

what we have here is a 200k sunk in for 4.5%, and looking out to max out just by checking all the tncs clearly
if only can one casa, it may still be more beneficial if its possible to withdraw & forfeit previous 1.58% casa and enroll on a new 1.38% for a full 200k till end jan, just do the maths.
if can multiple casa of different tranches is possible, then a 1.38% for the 2nd 100k till end jan is even better than none despite locking it in for ~30days at 0.5%

so whats what....

 

[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!

Nobody can help you. I shared many times, you simply dun believe me!

I dun need to talk to RM, I read and decipher tnc based on experience! I dun trust CSO nor RM, I only trust tnc!

(I deleted my post, you still managed to save it after so long! )

meaning? So u managed to earmark your 2nd 100k of multiplier new funds (total 200k) for the Oct Casa 1.38% till end Jan?
i.e, 200k in Treasures multiplier bonus 4.5%. of which 100k 1.58% till 5Jan, 100k 1.38% till end Jan?

 

[sansanjikikut]

Multiplier can use Paynow/FAST as salary hack from your own other bank account. Tried and tested. Tracker takes 3 days to move though. And don’t do it on last 3 day of calendar month.

Same for UOB which is already widely publicised.

 

[vsvs24]

Multiplier can use Paynow/FAST as salary hack from your own other bank account. Tried and tested. Tracker takes 3 days to move though. And don’t do it on last 3 day of calendar month.

Same for UOB which is already widely publicised.

Widely publicized. That's why cut rates many times

 

[sansanjikikut]

Dbs multiplier faq does mention it very early on as well. Milk while u can

 

[sansanjikikut]

There used to be one more method for credit card category but kinda obsolete already as salary can use paynow hack. Though it’s still useful as a borrowed credit to park elsewhere for additional Interest.

 

[turtle2018]

its kinda frustrating cos i have no RM arranged yet thus im unable to enquire on the exact tncs
and seems most are giving different infos, some say one mth some say till end jan,
some say can 2 tranches of casa, some say only 1 casa and must be after final date.

what we have here is a 200k sunk in for 4.5%, and looking out to max out just by checking all the tncs clearly
if only can one casa, it may still be more beneficial if its possible to withdraw & forfeit previous 1.58% casa and enroll on a new 1.38% for a full 200k till end jan, just do the maths.
if can multiple casa of different tranches is possible, then a 1.38% for the 2nd 100k till end jan is even better than none despite locking it in for ~30days at 0.5%

so whats what....

No RM arranged?
Maybe you can try calling Treasures hotline to check.

I called Treasures hotline around 12 noon, & I (finally ) received the call from my assigned RM before 1 pm.
My 1st question is whether I am among the first "3,000", which he needs to check.
My next question(s) relate to CASA, which after some discussions, he also needs to check.
He'll reply/ call me, either later or next Mon

 

[devion]

Btw this Multiplier top up bonus promo if join DBS Treasures, the amount 200K for 4.5% is for how long a period? Or as per bank re-adjustments of their interest rate is it?

 

[Mickey01]

Btw this Multiplier top up bonus promo if join DBS Treasures, the amount 200K for 4.5% is for how long a period? Or as per bank re-adjustments of their interest rate is it?

1. It is actually 0.4% bonus on top of the Normal Multiplier of 4.1% (income + 3 cat) for months Oct to Dec. That's why the promo document is "up to 4.5%". So if multiplier cut the 4.1%, it will maintain 0.4% above the new rate (whatever that is)
2. So from Jan 2026 onwards, your treasures multiplier reverts back to max $100,000 at whatever the rate come Jan 2026. No more 0.4% on top of ....
3. You get to enjoy treasures benefits for 6 months (Oct to Mar 2026) with no fall below fees

 

[sd0711]

Multiplier can use Paynow/FAST as salary hack from your own other bank account. Tried and tested. Tracker takes 3 days to move though. And don’t do it on last 3 day of calendar month.

Same for UOB which is already widely publicised.

Thank you.

 

[sglandscape]

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

Read the faq.

 

[reddevil0728]

Read the faq.

Don’t need liao

someone just shared openly above

 

[demoforce1]

Multiplier can use Paynow/FAST as salary hack from your own other bank account. Tried and tested. Tracker takes 3 days to move though. And don’t do it on last 3 day of calendar month.

Same for UOB which is already widely publicised.

is this mean I can just FAST transfer 30K? Then pay other banks cc with the DBS cc. What is the cheapest insurance and investment to buy for 4.1%

 

[tehhalia]

is this mean I can just FAST transfer 30K? Then pay other banks cc with the DBS cc. What is the cheapest insurance and investment to buy for 4.1%

Can find useful information in the past few pages.

 

[Jirachi]

Anyone joined the Wealth segment able to tell the RM not to bother you? I refuse to join any Wealth banking because I don't want them to annoy me.

 

[thretiredDad]

Anyone joined the Wealth segment able to tell the RM not to bother you? I refuse to join any Wealth banking because I don't want them to annoy me.

I am an AI in dbs
but no rm has ever called or contacted me
just daily general treasure email

 

[Jirachi]

I am an AI in dbs
but no rm has ever called or contacted me
just daily general treasure email

Ah nice...

 

[sansanjikikut]

is this mean I can just FAST transfer 30K? Then pay other banks cc with the DBS cc. What is the cheapest insurance and investment to buy for 4.1%

Yes u can fast/paynow back and forth. No limit, within same day.

decided to post this since its already publicised in the faq that salary category accepts fast and paynow. Play it however you deem fit. Instead of asking here, just trial and error as no harm. That’s how I found out about this. as you can already tell from the narcissistic tone of some users in this thread, no one is willing to share.

have also posted this on Reddit and fin discord channels as well for more awareness