DBS changed its Mutiplier plan

[wilflare]

hmm I don't suppose there's any new account sign-up promos going on?

 

[alalakam]

hmm I don't suppose there's any new account sign-up promos going on?

Haha I wanna know too if there’s any

 

[alalakam]

Guys for example If take home salary credited is 2k. Spend credit $1.

Balance let’s say 5k.

One month interest is how much?

 

[Trazora]

Guys for example If take home salary credited is 2k. Spend credit $1.

Balance let’s say 5k.

One month interest is how much?

https://www.dbs.com.sg/personal/landing/dbs-multiplier/

Tap on "Calculate your interest"

 

[alalakam]

https://www.dbs.com.sg/personal/landing/dbs-multiplier/

Tap on "Calculate your interest"

Thanks. That’s around $80/ year... around $6.70 per month. Quite pathetic LOL..

 

[azeris10]

Hoping DBS will increase multiplier amount to 70k for 2019... competitors have increased

 

[jnashville]

Guys for example If take home salary credited is 2k. Spend credit $1.

Balance let’s say 5k.

One month interest is how much?

If balance only 5k... no need to think about interest. It is insignificant. Go think about saving more money first lol..

 

[hmyoth]

Hoping DBS will increase multiplier amount to 70k for 2019... competitors have increased

Hope so too. Started with UOB one account since they launched ... Now join the DBS multiplier which I find it easier to hit even though mine is only 1.85% as compared to UOB one account which is 2.43%. Also move some money Maybank isavy account to enjoy the 1.9 and 2% interest. Actually very tempting to try stock market as price as dropped quite a lot but still considering .

 

[howethoon]

Hi Guys, for credit card amount spending, do I have to spend on the first day on a month to lock in the higher interest rate?

Or it doesn't really matter when I spend because they only calculate the interest at the end of the month rather then every end of the day?

 

[Squaredot]

Hi Guys, for credit card amount spending, do I have to spend on the first day on a month to lock in the higher interest rate?

Or it doesn't really matter when I spend because they only calculate the interest at the end of the month rather then every end of the day?

Doesn't matter. It's based on total spend in the calendar month.
Can check out your interest rate in ibanking "Bank & Earn".

 

[RocketAbyss]

Bonus interest is in!

 

[bright_84]

Bonus interest is in!

Free money yum

 

[Buzy_bee]

Hi Guys, for credit card amount spending, do I have to spend on the first day on a month to lock in the higher interest rate?

Or it doesn't really matter when I spend because they only calculate the interest at the end of the month rather then every end of the day?

Doesn't matter which day, as long it's captured within the month

 

[ontodhcp]

Anyone encounter similar situation like this.
I went for 2 weeks ICT, so my company pay me less minus 2 weeks of salary.
SAF will pay for my 2 weeks for the make up pay for that period.
However, the SAF make up pay is credited using GIRO IBG code, instead of SAL code.
Because of this, it falls short of the $2,000, so I am not eligible for any interest for that month.
What should I do?

 

[hwmook]

I just realised my RSP into ABF bond fund already 12 months, luckily i realised and now change my RSP to Nikko STI ETF to continue getting interest.

 

[spearhawk]

I just realised my RSP into ABF bond fund already 12 months, luckily i realised and now change my RSP to Nikko STI ETF to continue getting interest.

why not building ssb ladder?

 

[hwmook]

why not building ssb ladder?

Waiting for better rates after US increase rate....

 

[Linguist]

Anyone encounter similar situation like this.
I went for 2 weeks ICT, so my company pay me less minus 2 weeks of salary.
SAF will pay for my 2 weeks for the make up pay for that period.
However, the SAF make up pay is credited using GIRO IBG code, instead of SAL code.
Because of this, it falls short of the $2,000, so I am not eligible for any interest for that month.
What should I do?

I doubt there's anything you can do.

Maybe next time ask your company to do the claim in make-up pay rather than deducting your pay and you requesting for the make-up pay to yourself?

 

[HappyRose2017]

why not building ssb ladder?

Hi, thanks for the tip. I just learn to build the SSB Ladder and have to wait for 6 months. Meanwhile, what is the simplest way to fill another category (I have only salary credit and credit card spend now, as my RSP has also just expired).

 

[CoolRock]

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