DBS changed its Mutiplier plan

[wilflare]

can't decide to keep to this or change to POSB Kungfu or BOC SmartSaver

 

[qingyong]

Not next tues? 7 working days?

Usually is today but only can see it tomorrow.

 

[blue_denim24]

Is the interest in yet?

Hell ya!

78.43 ftw (I'm in 1.85 bracket as of now)

 

[blurblur123]

Hell ya!

78.43 ftw (I'm in 1.85 bracket as of now)

mine is in also...

 

[a4973]

So 50k full month in 1.85% tier is $78.43? Any difference between 30 & 31 day months?

Sent from Nextbit ROBIN using GAGT

 

[hwmook]

So 50k full month in 1.85% tier is $78.43? Any difference between 30 & 31 day months?

Sent from Nextbit ROBIN using GAGT

Of course got differences.

 

[netfreak123]

Believe it's always been excluded. Only the dividends are included as investments under the Bank and Earn (Multiplier scheme)

Can I just check, since SSB pay interest every 6 months, does it mean that if we constantly buy SSB for 6 consecutive months. After 6 months, there will always be dividends coming in from SSB and thus will always qualify for the investment portion for Bank and Earn (Multiplier plan)?

 

[heng_ah]

Can I just check, since SSB pay interest every 6 months, does it mean that if we constantly buy SSB for 6 consecutive months. After 6 months, there will always be dividends coming in from SSB and thus will always qualify for the investment portion for Bank and Earn (Multiplier plan)?

yes 10 char

 

[Buzy_bee]

Can I just check, since SSB pay interest every 6 months, does it mean that if we constantly buy SSB for 6 consecutive months. After 6 months, there will always be dividends coming in from SSB and thus will always qualify for the investment portion for Bank and Earn (Multiplier plan)?

Yes I am trying to build the ssb ladder. Will only know in Jan 2019

 

[tomicaguy]

yes 10 char

Didn't know SSB interest counts as investment.

 

[datalock]

Yes I am trying to build the ssb ladder. Will only know in Jan 2019

Can I just check, since SSB pay interest every 6 months, does it mean that if we constantly buy SSB for 6 consecutive months. After 6 months, there will always be dividends coming in from SSB and thus will always qualify for the investment portion for Bank and Earn (Multiplier plan)?

Didn't know SSB interest counts as investment.

Yes. I already have that ladder, so I get at least 2.2% every month.

 

[lancer6238]

Does the POSB Multitude Card (the card with $500 limit that can act as both debit and credit card) transactions count towards credit card spending, if I choose the CC option?

 

[cis2910]

Yes. I already have that ladder, so I get at least 2.2% every month.

When buying SSB, does the multiplier interest for investment kicks in? or it only kicks in when selling SSB?

 

[Buzy_bee]

When buying SSB, does the multiplier interest for investment kicks in? or it only kicks in when selling SSB?

When buying no. Not sure about selling as haven't sold before

 

[flikmy]

When buying SSB, does the multiplier interest for investment kicks in? or it only kicks in when selling SSB?

It only kicks in when selling or receiving interest coupons.

 

[Alwaysb]

Sorry. New to ssb. Can use srs to buy ssb via dbs ibanking?

Yes I am trying to build the ssb ladder. Will only know in Jan 2019

 

[ixora2007]

"Only posted retail and cash advance transactions are considered eligible credit card spend."

I'm charging my utilities and hp bill to my Everyday card, is it counted as retail transactions?

 

[hyperbole]

"Only posted retail and cash advance transactions are considered eligible credit card spend."

I'm charging my utilities and hp bill to my Everyday card, is it counted as retail transactions?

basically for dbs multiplier, all transactions posted to credit cards except things like interest, late fees, annual fees, etc will be considered eligible.

 

[Trazora]

SP utilities not counted as retail transactions. Not sure about HP bills

Thought for dbs multiplier, sp utilities charged to credit card should count?

 

[shpesft]

Thought for dbs multiplier, sp utilities charged to credit card should count?

My payment for SP utilities is not reflected as eligible spending under my Bank and Earn Summary though. I’m using the Recurring Bill Payment with my DBS Live Fresh Card though. Not sure if payment at counter or through the app is counted.