DBS changed its Mutiplier plan

[nobody1968]

I have registered for 12M CASA today. First in the queue and done in 10 mins.

To terminate early, one will need to go to the branch. Funds will take 2 days to be released.

Went to the bank today to register for 12 mth casa. As per bank officer, my previous casa last day was 30 Sept, so i can enrol in new casa on 30 Sept.

For the 12 mth casa, if i withdraw my funds on 1 April 27, i will not be entitled to the int for period jan to mar 27 as this int is payable on 30 Apr 27. So if i withdraw on 1st May, i will lose 1 month ie Apri 27's int.
So if really need to withdraw, rec int first then withdraw - minimum will lose 1 mth interest.

 

[TimsTom]

https://www.posb.com.sg/iwov-resour...avings-loyalty-program-24sep-to-31oct2026.pdf

CASA Savings Loyalty Program

wa this looks good, can save all the trips & queueing to combo with multiplier
bonus paid quarterly with 1 mth wait, forfeiture of unpaid bonus incase of emergency withdrawal

Hi. May i know whats the interest rate for the casa as i opened up and cant see a rate. Only numbers that after calculate like 0.3 (i likely am wrong).

I just put into Tbills. Is it a lower profit for me ?