I have been a DBS Multiplier Account holder shortly after it was enhanced in 2017.

In fact, I have been a POSB customer since I was in primary school.

It was a no-brainer for me to open an additional Multiplier Account and park my emergency funds into it to earn higher interest.

I am happy to report that after getting onto Multiplier, I have been getting 37 times the amount of interest I used to receive! Most importantly, this was achieved without the need of changing my spending habit.

Let me explain.

I’m a lazy person who doesn’t switch bank accounts for higher interests because I dread the administrative process and the wait at the bank.

Part of the draw to opening a DBS Multiplier account was that I did not need to go through the hassle of opening an account in person.

Everything was done online and the process