DBS changed its Mutiplier plan

[IcYFl4mEz]

anyone got employer deposit your pay as RTF instead of PAL/SAL? or is it the first month will be RTF ?
i asked the DBS CS, to close the account within 6 months as long as your zero your acct and go close, will not kanna $30 penalty?

 

[jianlee]

Is it true, just link up your DBS account to SGX's Direct Crediting Service (DCS) and the investment category is fulfilled?

Don't even have to ensure a certain amount of dividend is credited?

If YES, bye bye BOC.

 

[Cumzilla]

Anyone has issues viewing the Bank & Earn Summary? I cant see any numbers and the chart beside it now, feedback to the bank weeks ago, til now they are still unable to resolve it. Troubleshoot myself using different PCs, laptop and even company one to log in also cannot see anything, so the problem is definitely on their end, not mine.

 

[blue_denim24]

Is it true, just link up your DBS account to SGX's Direct Crediting Service (DCS) and the investment category is fulfilled?

Don't even have to ensure a certain amount of dividend is credited?

If YES, bye bye BOC.

Not true 10 char

 

[tiertime]

Anyone has issues viewing the Bank & Earn Summary? I cant see any numbers and the chart beside it now, feedback to the bank weeks ago, til now they are still unable to resolve it. Troubleshoot myself using different PCs, laptop and even company one to log in also cannot see anything, so the problem is definitely on their end, not mine.

This section has been giving problems with the updates since MANY months ago ... it happens every now and then...

Such a big bank cannot solve such simple problem... disgraceful...

 

[DOINK1]

Is it true, just link up your DBS account to SGX's Direct Crediting Service (DCS) and the investment category is fulfilled?

Don't even have to ensure a certain amount of dividend is credited?

If YES, bye bye BOC.

Unless u bought stocks via DBS Vickers or Posb invest saver that is deducted from DBS multiplier account. Then it is considered in the investment category.

As for SSB bonds, dividends that is credited to your Multiplier account is considered in the investment category.

 

[VerVe]

have you guys stopped getting the monthly SMS telling you how much interest you've earned for the past month with DBS Multiplier?

How do you get the sms?

Sent from GAGT using GAGT

 

[tiertime]

Does anyone here buy SGX stocks monthly via Vickers to get the Multiplier bonus interest ?

 

[Globe]

Unless u bought stocks via DBS Vickers or Posb invest saver that is deducted from DBS multiplier account. Then it is considered in the investment category.

As for SSB bonds, dividends that is credited to your Multiplier account is considered in the investment category.

what if the dividends is deposited into my posb account ?

Because when i opened a multiplier account, I asked the CSO if i need to transfer my salary from my posb to the multiplier and the CSO said no need.

I could still get the interest as it will still be counted as 1 of the criteria (the other being credit card spending).

So is that same theory apply to the crediting of dividends into my posb account , meaning now i have 3 criteria (salary , credit card and investment) to get more interest .

with citibank changing the rules, i might close that account and take the money to buy a few more trenches of SSB

 

[tiertime]

what if the dividends is deposited into my posb account ?

Because when i opened a multiplier account, I asked the CSO if i need to transfer my salary from my posb to the multiplier and the CSO said no need.

I could still get the interest as it will still be counted as 1 of the criteria (the other being credit card spending).

So is that same theory apply to the crediting of dividends into my posb account , meaning now i have 3 criteria (salary , credit card and investment) to get more interest .

My dividends get credited into DBS savings and it contributes to the Investment category for Multiplier... but is this what you were inquiring about ?

 

[Globe]

My dividends get credited into DBS savings and it contributes to the Investment category for Multiplier... but is this what you were inquiring about ?

yes, i am asking about what you said.

basically must each category fall under the multiplier account or as long all the posb/dbs accounts belong under my name this multiplying effect will be in play.

currently my salary and dividends from the SSB will be credited into my posb account while my multiplier is basically just to hold money and collect interest and sees no activity.

 

[tiertime]

yes, i am asking about what you said.

basically must each category fall under the multiplier account or as long all the posb/dbs accounts belong under my name this multiplying effect will be in play.

currently my salary and dividends from the SSB will be credited into my posb account while my multiplier is basically just to hold money and collect interest and sees no activity.

My Salary and Dividennd gets credited to the DBS SAVINGS account, not multiplier, but can still get the bonus interest for Multiplier

 

[lance88]

multiplier account takes all dbs and posb savings account under your name into consideration for dividend calculation

 

[ixoral]

Recently, my top up to DBS SRS which i subsequently used to invest via DBSV was counted as part of the investment category.

 

[af7680]

Did you receive interest ?

 

[RocketAbyss]

Did you receive interest ?

Not 7th working day yet. Looks like it'll probably come in on 11th December or so.

 

[af7680]

Thanks for response. Dbs gives out interest so slow

Not 7th working day yet. Looks like it'll probably come in on 11th December or so.

 

[lance88]

last month i receive it on the 7th.

 

[tinktink82]

Never receive

 

[chiokcc]

You will see the bonus interest on the 8th, with 7th being the posted date.