The first thing I check when I woke this morning was the new changes in DBS Multiplier account. It is with great disappointment that it remains status quo, at least for me. I was hoping that DBS Multiplier will up the cap of $50,000 to $75,000 after SDIC increases the amount insured by banks, but that was not the case.

In summary, if you do not have transactions in salary + 3 other categories (credit card/ investment/ insurance/ home loan), the new changes do not affect you. 

DBS Multiplier interest is now applicable up to $100,000. But the catch is the additional interest is only applicable to next $50,000 if you have transactions in at least 3 categories excluding salary. For the others, the interest is still applicable on the first $50,000 only. The following is an example for more than $30,000 eligible transactions. The new changes do not affect