Personal Finance
More changes for DBS Multiplier on 1 May 2020
By Singaporean Talks Money  •  April 2, 2020
There have been many revisions to interest rates by the banks recently. For me, I opened the DBS multiplier account when it first came out and most recently the Standard Chartered Jumpstart Account. I also have another POSB account and a UOB One account. The accounts which I put most of my money into are mainly DBS Multiplier and Jumpstart. After changes in Feb 2020, another round of changes has arrived for Multiplier come 1 May 2020. Read more: DBS Multiplier changes and what might be my next action Everyone can really easily qualify for DBS Multiplier's criteria and I guess that is why they had to combine the categories in Feb and now with lower interest. As per below, effective 1 May 2020 the interest rates would have some adjustments with total eligible transactions of $2500 to $5000 having the biggest cut of 0.25%. For me, I still think it is a...
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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