DBS changed its Mutiplier plan

[sky1978]

Hi, I am really new at this. On 30 Sep 2025, under the advice of my newly assigned RM, I joined the 4.5% DBS Treasures Multiplier account promo and brought in $150k on 1 Oct 2025. However, I wasn’t interested in the products that the RM tried to sell me today to qualify for the 4.5%. So, I’m now trying to figure how best I can manage my funds now that I have already brought in the $150k and my RM had put it under the 4 month CASA bonus interest at 1.38%.

I did try to read as much as possible but I’m still rather confused. So, I will really appreciate guidance.

Can I check how can I qualify for the 4.5% interest for Nov and Dec since I cannot meet the 3 cat for Oct?

Here is what I can achieve (sal + 1 cat):
Salary in the form of Interests from SBS and SGX bonds $2k per month
Credit card spend $800 per month

So, in order to meet the sal + 3 cat with total eligible transaction of $30k, do I now:

1. Purchase ABF Singapore Bond Index - SGD - Ydis - Cash (A35) or Amova SGD Investment Grade Corporate Bond Index ETF - SGD - Ydis – Cash via Banking > Invest > Unit Trust
Enter $100 for monthly investment amount?

2. Invest $30k Savvy Endowment for 3 years through DBS website by 20th of the Oct for qualify the insurance cat for Nov and repeat again with another $30k by 20th of Nov to qualify insurance cat for Dec:
https://www.dbs.com.sg/personal/insurance/endowment/wealth-accumulation-plans/savvyendowment?pid=sg-dbs-pweb-insure-promo-savvyendowment-txtlink-product-savvyendowment

I do realise that $60k investment is a heavy commitment. So, wondering what other options that are available? Thanks.

A normal Multiplier account only needs a $5k endowment, and that will qualify the insurance cat for the next 12 months. Is Treasures Multiplier different?

If you have already set up a DBS Vickers online trading account, the buy trades should also count towards the investment cat, and there are both bonds and MMF ETFs listed on SGX. The commission for upfront trades is min $10/0.12%. You can use the SGX ETF screeners and filter by Fixed Income under Asset classes. I believed there are only two counters with the MM wording and only one in SGD. You can do further research as to whether that is truly an MMF if you are looking for those very short-term ones. On the sell side, if you really want to save every cent, I think there is a broker which offers fixed sell comm under 10 dollars.

https://www.sgx.com/securities/etf-screener

 

[Kayeesha]

A normal Multiplier account only needs a $5k endowment, and that will qualify the insurance cat for the next 12 months. Is Treasures Multiplier different?

If you have already set up a DBS Vickers online trading account, the buy trades should also count towards the investment cat, and there are both bonds and MMF ETFs listed on SGX. The commission for upfront trades is min $10/0.12%. You can use the SGX ETF screeners and filter by Fixed Income under Asset classes. I believed there are only two counters with the MM wording and only one in SGD. You can do further research as to whether that is truly an MMF if you are looking for those very short-term ones. On the sell side, if you really want to save every cent, I think there is a broker which offers fixed sell comm under 10 dollars.

https://www.sgx.com/securities/etf-screener

Thanks for your reply, @sky1978.

No, I don’t have DBS Vickers online trading account.

If I is just do $5k endowment, then instead of $100 investment per month, maybe I do $25k investment in ABF and immediately sell when the trade settles? Would this work?

 

[sky1978]

Thanks for your reply, @sky1978.

No, I don’t have DBS Vickers online trading account.

If I is just do $5k endowment, then instead of $100 investment per month, maybe I do $25k investment in ABF and immediately sell when the trade settles? Would this work?

I have never bought any unit trust from them before, so I am not sure. You need to read carefully what charges you need to pay when you buy and sell; those charges, if any, will eat into your returns.

Or alternatively, you can go to the online banking platform and open the trading account now and see if they can finish processing within a few days.

 

[turtle2018]

Hi, I am really new at this. On 30 Sep 2025, under the advice of my newly assigned RM, I joined the 4.5% DBS Treasures Multiplier account promo and brought in $150k on 1 Oct 2025. However, I wasn’t interested in the products that the RM tried to sell me today to qualify for the 4.5%. So, I’m now trying to figure how best I can manage my funds now that I have already brought in the $150k and my RM had put it under the 4 month CASA bonus interest at 1.38%.

I did try to read as much as possible but I’m still rather confused. So, I will really appreciate guidance.

Can I check how can I qualify for the 4.5% interest for Nov and Dec since I cannot meet the 3 cat for Oct?



2. Invest $30k Savvy Endowment for 3 years through DBS website by 20th of the Oct for qualify the insurance cat for Nov and repeat again with another $30k by 20th of Nov to qualify insurance cat for Dec:
https://www.dbs.com.sg/personal/insurance/endowment/wealth-accumulation-plans/savvyendowment?pid=sg-dbs-pweb-insure-promo-savvyendowment-txtlink-product-savvyendowment

I do realise that $60k investment is a heavy commitment. So, wondering what other options that are available? Thanks.

Note that DBS will divide this amount ($30k) by 120 to be the "Total eligible transactions" per month, i.e. $250.
So not worth it to tie down $30k for 3 years just for this. Just $5k to trigger a category will be enough.

And are you funding this $30k (or $5k) from your $150k Fresh Fund? If yes, then your Multiplier Bal. (& interest) will be reduced accordingly.

 

[turtle2018]

1. Purchase ABF Singapore Bond Index - SGD - Ydis - Cash (A35) or Amova SGD Investment Grade Corporate Bond Index ETF - SGD - Ydis – Cash via Banking > Invest > Unit Trust
Enter $100 for monthly investment amount?

I have not tried myself, but you can explore this (for Investment Category) to increase the "eligible transaction amount":

(1) Online purchase of Unit Trust
DBS charges 0.82% upfront sales fees
(2) Online Equites Trade
You need to open your Wealth Management AC. I think SGX-listed shares/ ETF comm is 0.12%, plus the usual
SGX-fees

 

[Kayeesha]

Note that DBS will divide this amount ($30k) by 120 to be the "Total eligible transactions" per month, i.e. $250.
So not worth it to tie down $30k for 3 years just for this. Just $5k to trigger a category will be enough.

Thank you for your reply, @turtle2018.

My RM didn’t highlight to me about dividing the premium by 120. Thanks for letting me know. So, if I just invest $5k to trigger the insurance category, that means the eligible transaction is only $41.67.

Then I invest $100 per month in ABF Singapore Bond Index - SGD - Ydis - Cash (A35), that will bring m total eligible transactions to $147.67.

How am I going to make $30k total eligible transactions to qualify for the 4.5% bonus interest?

And are you funding this $30k (or $5k) from your $150k Fresh Fund? If yes, then your Multiplier Bal. (& interest) will be reduced accordingly.

The $150k is already locked in under the 1.38% 4 month CASA until 30 Jan 2026. So, I have to bring in additional funds to trigger the SAL + 3 categories.

 

[turtle2018]

Thank you for your reply, @turtle2018.

My RM didn’t highlight to me about dividing the premium by 120. Thanks for letting me know. So, if I just invest $5k to trigger the insurance category, that means the eligible transaction is only $41.67. [YES]

Then I invest $100 per month in ABF Singapore Bond Index - SGD - Ydis - Cash (A35), that will bring m total eligible transactions to $147.67. [YES]

How am I going to make $30k total eligible transactions to qualify for the 4.5% bonus interest?


The $150k is already locked in under the 1.38% 4 month CASA until 30 Jan 2026. So, I have to bring in additional funds to trigger the SAL + 3 categories.

 

[sglandscape]

Don't act smart. I don't need to use FAST to create an imaginary salary. There are 2 other methods to activate Income Cat.

Your half truth post, 2 wrongs does not equal one right. If you want to cut and paste quotations from legit website, do it properly or don't do it as all. Now I have an idea of the rule breakers in town. Just spotted one.

Dividends, SSB redemption, maturity of Tbills all would count. Also why a reason I link my direct crediting service account to a multiplier account! Link to the other banks no benefit at all, why even bother.

 

[Kayeesha]

Dividends, SSB redemption, maturity of Tbills all would count. Also why a reason I link my direct crediting service account to a multiplier account! Link to the other banks no benefit at all, why even bother.

Can I check if the direct crediting service is link to the My Account and not the Multiplier account, it should still trigger the Income category? Thanks.

 

[sglandscape]

Can I check if the direct crediting service is link to the My Account and not the Multiplier account, it should still trigger the Income category? Thanks.

Yes it would, any dbs account would work.

 

[DevilPlate]

Dividends, SSB redemption, maturity of Tbills all would count. Also why a reason I link my direct crediting service account to a multiplier account! Link to the other banks no benefit at all, why even bother.

I think redeem SSB is the most legit way of achieving 30k transaction liao.
Just that need to sacrifice some interest (if u redeem those higher SSB and then renew into current ones)

But yeah better than imaginary 30k salary which may create a red flag.

 

[DevilPlate]

This one is already trading on SGX under the "SBO" stock code; you can buy it via DBS Vickers' online trading platform instead of from the Unit Trust side.

I know but i only wana unlock investment cat so RSP $100 with 0.5% sales charge make better sense.

 

[sglandscape]

I think redeem SSB is the most legit way of achieving 30k transaction liao.
Just that need to sacrifice some interest (if u redeem those higher SSB and then renew into current ones)

But yeah better than imaginary 30k salary which may create a red flag.

Could also do spend, for months with big purchases it's quite easy to hit.

 

[tehhalia]

I think if u purchase insurance today (before certain cut off date) should be counted next mth….

I bought the low monthly cost protect first policy on 20 sep. shortly after on the same day, I received email from manulife with my policy document, and the policy start date is also the same day 20 sep. I paid the first month premium also on the same day. But, it did not unlock the insurance category for Sep on the tracker.

So I suppose this month Oct deduction then will unlock insurance category and i will only get the bonus interest next month Nov

 

[DevilPlate]

I bought the low monthly cost protect first policy on 20 sep. shortly after on the same day, I received email from manulife with my policy document, and the policy start date is also the same day 20 sep. I paid the first month premium also on the same day. But, it did not unlock the insurance category for Sep on the tracker.

So I suppose this month Oct deduction then will unlock insurance category and i will only get the bonus interest next month Nov

Confirm not counted for the same month…..earliest is following mth

 

[iadpotato]

Thanks for your reply, @sky1978.

No, I don’t have DBS Vickers online trading account.

If I is just do $5k endowment, then instead of $100 investment per month, maybe I do $25k investment in ABF and immediately sell when the trade settles? Would this work?

$25k ABF… good luck with the 0.5% sales charge aka commission which is just only $125…

 

[Kayeesha]

$25k ABF… good luck with the 0.5% sales charge aka commission which is just only $125…

Yes, I forgot about the commission charge and only realised it after I posted my message. Nevermind, have a good laugh at my ignorance. I already feel really bad about bringing in the $150k on 1 Oct 2025 and not able to reach the $30k total eligible transactions.

 

[iadpotato]

But yeah better than imaginary 30k salary which may create a red flag.

Maybe tax man will come knocking..

 

[tehhalia]

Thank you for your reply, @turtle2018.

My RM didn’t highlight to me about dividing the premium by 120. Thanks for letting me know. So, if I just invest $5k to trigger the insurance category, that means the eligible transaction is only $41.67.

Then I invest $100 per month in ABF Singapore Bond Index - SGD - Ydis - Cash (A35), that will bring m total eligible transactions to $147.67.

How am I going to make $30k total eligible transactions to qualify for the 4.5% bonus interest?


The $150k is already locked in under the 1.38% 4 month CASA until 30 Jan 2026. So, I have to bring in additional funds to trigger the SAL + 3 categories.

Using invest and insurance category spends to build up eligible transaction is pretty unsustainable (extremely difficult to do it every month) and counter productive (the opportunity cost and fee involved would eat into your multiplier interest). I stand corrected though.

Should rely on income and spend categories to build up eligible transaction. As to how, can go though the FAQs for these 2 categories to formulate your approach. Some users have already provided some good possible approaches, which I also found very beneficial, and there are more listed in the FAQs.

 

[iadpotato]

Yes, I forgot about the commission charge and only realised it after I posted my message. Nevermind, have a good laugh at my ignorance. I already feel really bad about bringing in the $150k on 1 Oct 2025 and not able to reach the $30k total eligible transactions.

A DBS Vickers online trading account will solve all your problems.