DBS changed its Mutiplier plan

[DevilPlate]

if received the multiplier invite, can always join the next coming casa window after 15apr too

Is there any cap on casa amount?

 

[DevilPlate]

if received the multiplier invite, can always join the next coming casa window after 15apr too

But the top up promo only till end June and then new casa will end mid July?

 

[Devilsire]

Is there any cap on casa amount?

i dont recall any cap, but there's limit of 1 tranche enrollment per CASA window, per account if i recall correctly
multiplier bonus invite is up to 300k

If received invite for existing customer, we get extra 0.05%?

har? the 0.05% is the base interest.
1.38% is the invitation treat, for each $10k incremental balance above 100k till 300k
https://www.dbs.com.sg/iwov-resources/media/pdf/deposits/promotions/multiplier-multiply-more-tnc.pdf

 

[Devilsire]

But the top up promo only till end June and then new casa will end mid July?

and your existing casa will also probably end in may or june?

 

[iduncheckmail]

Is there any cap on casa amount?

10m

 

[rest1ess]

16. This Promotion is not to be used in conjunction with any other ongoing Deposits promotions or offers, unless otherwise specified.

Casa also got similar clause iirc, looks like in conflict.

 

[sglandscape]

i dont recall any cap, but there's limit of 1 tranche enrollment per CASA window, per account if i recall correctly
multiplier bonus invite is up to 300k


har? the 0.05% is the base interest.
1.38% is the invitation treat, for each $10k incremental balance above 100k till 300k
https://www.dbs.com.sg/iwov-resources/media/pdf/deposits/promotions/multiplier-multiply-more-tnc.pdf

Seems like only for the lucky ones who are invited?

 

[Devilsire]

Seems like only for the lucky ones who are invited?

no idea, went branch do casa to stack today and is crowded as always
nobody here kena the invite? mine was via app notification under deal

 

[Devilsire]

16. This Promotion is not to be used in conjunction with any other ongoing Deposits promotions or offers, unless otherwise specified.

Casa also got similar clause iirc, looks like in conflict.

those multiplier laojiao/old birds/ex treasures promo would know how it works
anyway i already did my part in sharing sic

 

[itchying]

i dont recall any cap, but there's limit of 1 tranche enrollment per CASA window, per account if i recall correctly
multiplier bonus invite is up to 300k


har? the 0.05% is the base interest.
1.38% is the invitation treat, for each $10k incremental balance above 100k till 300k
https://www.dbs.com.sg/iwov-resources/media/pdf/deposits/promotions/multiplier-multiply-more-tnc.pdf

Even if u can stack is max 2.88% only? Hsbc about the same?

 

[DevilPlate]

Even if u can stack is max 2.88% only? Hsbc about the same?

No frills lock up almost 3mths at 2.88% not bad liao

 

[Nanonited]

No frills lock up almost 3mths at 2.88% not bad liao

Damn good but i didnt get the invite sadly

 

[sglandscape]

no idea, went branch do casa to stack today and is crowded as always
nobody here kena the invite? mine was via app notification under deal

No invite, not sure how they choose it's almost like lottery. Need to register after the invite or they will auto give the 1.38%?

 

[sglandscape]

Even if u can stack is max 2.88% only? Hsbc about the same?

2.88% sounds like they intend for it to stack to match HSBC EGA, just that this need to lock up the funds whereas HSBC EGA don't need.

 

[itchying]

2.88% sounds like they intend for it to stack to match HSBC EGA, just that this need to lock up the funds whereas HSBC EGA don't need.

Yes perhaps dbs can better offer will consider, for those who has maxed out ega can consider. Max 200k.

 

[maumu]

for those who already have $100k in multiplier, this promo isn't anything much to shout about right? just 1.38% flat on the 'excess'... can put in HSBC/SC instead for the EGA/eSaver promo cycles.

 

[winningeleven]

Recently I received the call from DBS as I have fulfill 2 categories (spending / insurance) in the multiplier and asked me whether I am interested to invest .

Any ideas what kind of investment DBS offer to unlock the 3rd ?

 

[reddevil0728]

Recently I received the call from DBS as I have fulfill 2 categories (spending / insurance) in the multiplier and asked me whether I am interested to invest .

Any ideas what kind of investment DBS offer to unlock the 3rd ?

are you looking to actually "investing" or just want to unlock?

if just want to unlock can just do the rsp into one of the bond etfs lor.

 

[sibeiTrolled]

Recently I received the call from DBS as I have fulfill 2 categories (spending / insurance) in the multiplier and asked me whether I am interested to invest .

Do not invest just to simply unlock "higher" tier.
If you want to invest, do your own research and consider alternatives, not just from bank.

See below for the eligible investment items and identify their charges / fees before you jump in unprepared just to end up with a wounded head

Any ideas what kind of investment DBS offer to unlock the 3rd ?

Can be found on multiplier page at the very bottom under "FAQ & Eligible Transactions"
https://www.dbs.com.sg/personal/deposits/bank-earn/multiplier

Investments
Unit Trust Lump-sum Investment

• Valid for new Unit Trust lump-sum or Online Funds Investment purchased with cash, CPFIA or SRS after Multiplier Account is opened.
• The investment amount will be recognised post settlement date.

Find out more about Unit trust lump-sum investments here.
DBS Invest-Saver

• Valid for new DBS Invest-Saver plan for Exchange Traded Funds or Unit Trusts purchased after Multiplier Account is opened
• The monthly investment amount will be recognised for the first 12 consecutive months per fund

Find out more about DBS Invest-Saver here.
digiPortfolio
Valid for new digiPortfolio purchased after Multiplier Account is opened

• Minimum qualifying amount is S$1,000 per transaction for Lump Sum investments
• Recurring top ups (RSPs) from S$100 will be recognised for the first 12 consecutive months per portfolio as long as the RSP remains valid
• The investment amount will be recognised post settlement date

Find out more about digiPortfolio here.
Online Equities Trade

• Valid for "BUY" equity trades with cash, CPF or SRS via DBS Vickers Online Trading or DBS Online Equity Trading after Multiplier Account is opened.
• The investment amount will be recognised post settlement date.

Find out more about online equities trade here.
Bonds & Structured Products

• Valid for new Bonds & Structured Products purchased after Multiplier Account is opened
• Eligible products include Bonds (excludes Singapore Savings Bonds and Singapore Government Securities), Structured Deposit, Currency Linked Investments and Structured Notes.
• The investment amount will be recognised within 7 days from the transaction date.

Find out more about Bonds & Structured Products here.

 

[qrcode]

Even if u can stack is max 2.88% only? Hsbc about the same?

how does that 2.88 come from? I thought just 1.38+0.05 =1.43%



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