On the first day of 2020 and I have already got my first negative news.
Last year May 2019, I wrote about how you can have greater interest in more of your savings if you fulfill one additional criteria for your DBS Multiplier Account. (Read Why I continue to save with the Boosted DBS Multiplier)
It seems there is some bad news on the horizon, at least for myself.
So here are the changes to DBS Multiplier Changes to the DBS Multiplier AccountIf I were to convert to English, it means that dividends from your local stocks, bonds, and Singapore Savings Bonds held in your CDP will be under the income category now.
The second thing is that if you have only fulfilled the salary credit plus 1 category of transactions, the interest is applied on only $25,000 instead of $50,000.
To make it easy, you read what I
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