Some of the readers might know that we have changed our bank accounts from OCBC 360 to DBS Multiplier when it was revamped last year and I blogged about it here – Free $5 for DBS Multiplier Account Holder. The free $5 is still available (until 30th June 2018)!

In my opinion, the DBS Multiplier is by far the most generous bank/account when it comes to fulfilling/meeting the various defined categories (credit card spend, home loan, insurance and investments). Firstly, it awards you for having a higher salary and there is even a way to double it through the use of joint account! I shall elaborate further later. Next, it does not encourage spending, even a $1 credit card spend will mean that one can meet that category (proven – this is what CZM has been doing).

Last but not least, all/most of the investments category (e.g. OCBC 360 and SCB Bonus$aver) …