DBS changed its Mutiplier plan

[Panerex]

Cancer care can be bought via ibanking

Thanks for the quick info.

this is a minimum 5-year plan.

Since the insurance spend is only valid for 1st 12 months, do you know if I can terminate the plan after 12 months?

logically I feel it is possible since this plan has no cash value

 

[reddevil0728]

Thanks for the quick info.

this is a minimum 5-year plan.

Since the insurance spend is only valid for 1st 12 months, do you know if I can terminate the plan after 12 months?

logically I feel it is possible since this plan has no cash value

DBS has a cancercare website with the faq

ur logic is right.

 

[Panerex]

DBS has a cancercare website with the faq

ur logic is right.

Thanks.

I just applied online and premium has been deducted.

btw, on the below clause, does it mean even though I pay this month (Nov), the Multiplier eligibility will only start in Dec?

• The recognition of the monthly premium (i.e. Annualised premium/12) starts 1 month after policy inception and continues for 12 consecutive months as long as policy is in force.

 

[silverbomb]

Thanks.

I just applied online and premium has been deducted.

btw, on the below clause, does it mean even though I pay this month (Nov), the Multiplier eligibility will only start in Dec?

• The recognition of the monthly premium (i.e. Annualised premium/12) starts 1 month after policy inception and continues for 12 consecutive months as long as policy is in force.

Dec

 

[reddevil0728]

Thanks.

I just applied online and premium has been deducted.

btw, on the below clause, does it mean even though I pay this month (Nov), the Multiplier eligibility will only start in Dec?

• The recognition of the monthly premium (i.e. Annualised premium/12) starts 1 month after policy inception and continues for 12 consecutive months as long as policy is in force.

insurance is always recognise the following month. so u need to remb u need to re-sign up in nov next year for it to be recognise in dec 2022

 

[Joseph99]

Isn't term protect cheaper than cancercare ? Can apply online too

 

[MrExile]

Hi all,

Cancelled my cancer care after 12 months and now I am on the lookout for a new insurance policy to supplement the fulfilment.

Question - Can I purchase cancer care again? Or I have to purchase something else? If so, what should I look to purchase?

Also, realised that DBS noes not allow me to buy any insurance, they say I am ineligible for all - anyone with this issue?

Thanks

 

[Panerex]

I just started a RSP of $100 to buy unit trust

the units have appeared in my investment portfolio, but under the multiplier’s eligible transactions, I don’t see the category being unlocked yet.

is it the minimum amount more than $100?

thanks

 

[reddevil0728]

I just started a RSP of $100 to buy unit trust

the units have appeared in my investment portfolio, but under the multiplier’s eligible transactions, I don’t see the category being unlocked yet.

is it the minimum amount more than $100?

thanks

Bank & Earn takes a few days to update

 

[eight8]

if my etf eligible investment category start from dec20 -> dec21. When should i cancel RSP and re-do another RSP? I am currently sub to Nikko AM Singapore. Could i get your advise on next ETF? Thanks.

 

[reddevil0728]

if my etf eligible investment category start from dec20 -> dec21. When should i cancel RSP and re-do another RSP? I am currently sub to Nikko AM Singapore. Could i get your advise on next ETF? Thanks.

if it started in dec 20, then you need to cancel the previous 1 in early dec 21. then re sign up for a new 1 in early dec 21.

if you are just doing to unlock, tbh any of the remaining 3 also can. doesn't really matter.

 

[eight8]

if it started in dec 20, then you need to cancel the previous 1 in early dec 21. then re sign up for a new 1 in early dec 21.

if you are just doing to unlock, tbh any of the remaining 3 also can. doesn't really matter.

thanks for the quick response.

 

[demoforce1]

today Bank & Earn Summary, payment become $0, anyone else has the same issue?

 

[maumu]

hey folks, if I'm just like say, short of $1,000 to make the next tier, is it possible to buy $1,000 of a non-volatile unit trust (and then sell it off a few days later) so as to meet the next tier?

how does the pricing work when buying one-off unit trust? my only experience is in RSP.

 

[reddevil0728]

hey folks, if I'm just like say, short of $1,000 to make the next tier, is it possible to buy $1,000 of a non-volatile unit trust (and then sell it off a few days later) so as to meet the next tier?

how does the pricing work when buying one-off unit trust? my only experience is in RSP.

$1000 will be counted. But need to take note of settlement date

 

[chocobo2008]

hey folks, if I'm just like say, short of $1,000 to make the next tier, is it possible to buy $1,000 of a non-volatile unit trust (and then sell it off a few days later) so as to meet the next tier?

how does the pricing work when buying one-off unit trust? my only experience is in RSP.

For small amount of $1000, you can simply use DBS credit card to pay for another credit card which has $1000 bill.

 

[reddevil0728]

For small amount of $1000, you can simply use DBS credit card to pay for another credit card which has $1000 bill.

can pay credit card bill with credit card? wah like that infinite loop?

 

[silverbomb]

can pay credit card bill with credit card? wah like that infinite loop?

The loops end at dbs so it's not infinite as per se

 

[maumu]

The loops end at dbs so it's not infinite as per se

Is this legit? Can explain how it works?

If my Other Bank's credit card bill is say $500, can I pay $1000 using DBS credit card such that the excess ($500) becomes a credit for the following month in my Other Bank's card?

 

[maumu]

Can someone pm me how we can use DBS card to pay for another bank's credit card? Appreciate much..