DBS changed its Mutiplier plan

[a4973]

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.

Didn't you research and formulate a plan before bringing in the $150k?

 

[Kayeesha]

Didn't you research and formulate a plan before bringing in the $150k?

I only knew about it a few days before the deadline and as I had to attend to urgent matters, I made the mistake of placing my faith in my RM.

 

[Kayeesha]

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

Would you kindly share how? Thanks.

 

[DevilPlate]

I only knew about it a few days before the deadline and as I had to attend to urgent matters, I made the mistake of placing my faith in my RM.

Aiya even for 2.4%+0.4%+casa already one of the best out there liao.

SSB as income would be the best imo.

 

[sansanjikikut]

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.

Kudos to you if you are indeed able to accumulate ~30k mostly via divs & cpf/srs. (hopefully via legit means) You must have indeed come a long way in life.

That's a very rigid and conformist mindset you have there, don't have to always take a website's word for word so seriously. Get rid of that boomer mentality and it will do you good in your twilight years.

 

[tehhalia]

Would you kindly share how? Thanks.

I believe potato meant doing trades in Vickers. that is, buying shares to unlock invest category but mainly to clock eligible transactions. I suppose that going by this route you will buy and sell the shares away monthly to recycle the fund, unless you intend to hold the shares and have multiples of 20k+ each month to buy new set of shares to clock eligible transactions.

The buying and selling of shares will incur fees. 25k of shares 1 way fee should be about 55, sell another 55. So 110 cost (I stand corrected) eating into your bonus interest.

You may try to reduce the cost by holding your shares for a bit and sell when the price fluctuate upwards, but you will have to monitor and there’s opportunity cost involved in holding also - the interest you could have earned had you sold the shares earlier to place it in a high yield bank account.

 

[demoforce1]

What cheapest insurance to buy, except ProtectFirst?

 

[royalmix]

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

Now there are so many posts talking about imaginary XX salary, admin should delete all of these posts!

Let me share some stories to enlighten you:

In the early years of Multiplier, some people here were so smart, talk about building SSB ladder to meet one category, need to build 6 mths before can see fruits of labour, the news spread. Then the bank started own forum, people there also haolian, talk and talk about SSB ladder, What happened? The bank decided to remove it as a criteria for the category, but you still qualify for Income cat!

Then Tbills become hot, people start to build Tbills ladder. All these are alot of hardwork!

Initially, the salary credit was very stringent, only GIRO. Many in the bank's forum complain their company dun use GIRO with advancement in tech, cannot meet requirement. Then the bank become generous, like UOB and later SCB also followed for eg, relax the rules to allow FAST/Paynow. So many people were talking in other forums, yet today the people here still living in the past! Banks are competitive, they want to capture market share and yet still make money. UOB make from credit card, others make from investments, etc

Yes, today, there are many ways to skin the cat, as the bank allowed many ways to clock Income, to allow people from all walks of life to easily earn more interest.

Think positive!

And Remember to enjoy the last big bang with Treasures!

 

[royalmix]

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.

Aiya even for 2.4%+0.4%+casa already one of the best out there liao.

DevilPlate is right! Be contented with what you can do/achieve, cost effectively, to earn the best interest you can achieve!

You already meet Income+credit card, so you just need 2 more cat. Prioritise what you should do now to optimise your benefits:

1. Focus on Income+3 cat to earn extra interest from Treasures
2. You already meet the lowest tier at 2.4%, apply casa will boost your interest by another 1.38% (total 2.8+1.38 =4.18%, already unbeatable!).
3. Investment - just do rsp, apply before 15th, it only cost you 50c
4. Apply endowment plan - 5k, if you prefer lower cost protectfirst - you will qualify for Nov

Get all these done to secure it first. If u can, topup another 50k and add casa next mth if available, to optimise your returns.

Bear in mind that whatever you do must be cost-effective, otherwise it really defeats the objective of forcing yourself to join last minute without proper thinking/planning!

Goodluck!

 

[reddevil0728]

What cheapest insurance to buy, except ProtectFirst?

You can’t get protectfirst cause of age? Or you wondering if another insurance cheaper than protectfirst?

 

[royalmix]

The officer does not allow me to earmark the unlocked fund, so I had to transfer in another 100k to get the paper work done. How soon will DBS earmark the new fund?

There is a term of "Should Customers choose to utilize or withdraw the Earmarked Amount for any reason before the expiry of Earmark Period, such actions will be deemed as withdrawal from the Promotion." Anybody wanna try the luck by transferring out the 100k?

Quick qns for those onboard the Treasures mulitplier bonus promo + casa, is your RM able to settle Oct casa earmarking for u or have to head down branch do manually?

in any case, my RM just updated me that:

1st 100k Multiplier 4.1% + 0.4% (Treasures bonus till 31Dec) + 1.58% Sep casa (earmarked till 5Jan2026)
2nd 100k Multiplier 4.1% + 0.4% (Treasures bonus till 31Dec) + 1.38% Oct casa (earmarked till 31Jan2026), take note this 2nd 100k shall not earn any multipler interests / bonus interests for month of Jan26 IF the total in multiplier is above 100k (So can just withdraw the 1st 100k after Sep's casa ended on 5Jan)

You were involved in that discussion in late August, see in quote in bold!

I only trust the tnc and experience! That is one valuable experience shared to confirm the tnc!

I also have prior experience mid last year, that boosted my confidence in interpreting the various tncs!

Anyway, enjoy the ride!

 

[tehhalia]

What cheapest insurance to buy, except ProtectFirst?

Term life insurance maybe, depending on your age. Can just input your info in DBS app and you get a quote instantaneously. If not endowment 5k lock 3 years.

 

[reddevil0728]

Term life insurance maybe, depending on your age. Can just input your info in DBS app and you get a quote instantaneously. If not endowment 5k lock 3 years.

but protect first is termlife no?

 

[tehhalia]

but protect first is termlife no?

Protectfirst or Termprotect as per the product names. Yes both are under life insurance category.

 

[maumu]

how good were those days when we were laddering with t-bills every other week and able to clock income category + 30k easily at the same time with the matured principals.

too bad t-bills are no longer attractive.

 

[reddevil0728]

how good were those days when we were laddering with t-bills every other week and able to clock income category + 30k easily at the same time with the matured principals.

too bad t-bills are no longer attractive.

It’s always a cycle.

 

[Kayeesha]

Aiya even for 2.4%+0.4%+casa already one of the best out there liao.

Thanks for your reply, @DevilPlate

I hadn't realised I could still earn the bonus interest even if I didn't clock $30k in total eligible transactions. I got the invitation to join via my DBS app and it doesn’t give the details. I was relying on whatever the RM was telling me. Bad mistake.

SSB as income would be the best imo.

Unfortunately, I don’t have SSB interest every month.

Thanks.

 

[a4973]

DevilPlate is right! Be contented with what you can do/achieve, cost effectively, to earn the best interest you can achieve!

You already meet Income+credit card, so you just need 2 more cat. Prioritise what you should do now to optimise your benefits:

1. Focus on Income+3 cat to earn extra interest from Treasures
2. You already meet the lowest tier at 2.4%, apply casa will boost your interest by another 1.38% (total 2.8+1.38 =4.18%, already unbeatable!).
3. Investment - just do rsp, apply before 15th, it only cost you 50c
4. Apply endowment plan - 5k, if you prefer lower cost protectfirst - you will qualify for Nov

Get all these done to secure it first. If u can, topup another 50k and add casa next mth if available, to optimise your returns.

Bear in mind that whatever you do must be cost-effective, otherwise it really defeats the objective of forcing yourself to join last minute without proper thinking/planning!

Goodluck!

Hi @royalmix
May I know why is rsp suggested vs lump sum buy per month? I understand that rsp has a wait out period after 12 months and may end up having to choose a suboptimal fund for the next round. Whereas lump sum monthly buy can choose to buy different funds and no wait out period after 12 months. I hope you do get my question as I may have asked it poorly. Thank you

 

[Kayeesha]

I believe potato meant doing trades in Vickers. that is, buying shares to unlock invest category but mainly to clock eligible transactions. I suppose that going by this route you will buy and sell the shares away monthly to recycle the fund, unless you intend to hold the shares and have multiples of 20k+ each month to buy new set of shares to clock eligible transactions.

The buying and selling of shares will incur fees. 25k of shares 1 way fee should be about 55, sell another 55. So 110 cost (I stand corrected) eating into your bonus interest.

You may try to reduce the cost by holding your shares for a bit and sell when the price fluctuate upwards, but you will have to monitor and there’s opportunity cost involved in holding also - the interest you could have earned had you sold the shares earlier to place it in a high yield bank account.

Thanks for your reply, @tehhalia

This will require a lot of my resources which I may not have. I appreciate your explanation.

 

[Devilsire]

You were involved in that discussion in late August, see in quote in bold!

I only trust the tnc and experience! That is one valuable experience shared to confirm the tnc!

I also have prior experience mid last year, that boosted my confidence in interpreting the various tncs!

Anyway, enjoy the ride!

well the previous discussion was not exactly relatable as its about earlier than usual released of earmark coinciding with new month casa earmarking.
whereas for this case, the cap was increased from 100k to 200k, thus the discussion and interpretation of the involved casa & Treasures multiplier topup bonus tnc.

Treasures Topup Bonus Tnc
12. This Promotion is not to be used in conjunction with any other ongoing Deposits promotion offers.
Casa Tnc
5. For customers with multiple accounts, only one registration per account is allowed for this promotion