Let’s get the obvious out of the way: DBS upset a lot of people earlier this year when they made revisions (read: nerfs) to their popular savings account. Disgruntled customers were reassessing their savings strategy, and it’s likely more than a few went to other banks. Is DBS Multipler really that bad an account now?

Previously, all one needed was to credit their salary, and spend at least a dollar on a DBS card for an easy and relatively decent interest rate on $50,000 of their savings. Accomplish another category, say investment, and your interest goes up slightly.

That’s not too bad and pretty easy to achieve. In fact, creative folks managed to come up with ways to fulfil these requirements: by buying $500 of Singapore Savings Bonds each month for 6 months, they ensured that there was a constant monthly dividend paid out which counted