Personal Finance
How I Maximise DBS Multiplier Account Interest Rate After 1 August 2020
By Heartland Boy  •  August 8, 2020
Heartland Boy has been an avid and loyal user of the DBS Multiplier since its first revamp in 2017. He convinced Heartland Girl to jump on the bandwagon and they each own a DBS Multiplier Account under their respective names. Furthermore, they harnessed the advantage of being a couple to multiply their interest income to great effect (pardon the pun). Faced with a declining interest-rate environment, the DBS Multiplier Account is ringing in some key changes from 1 August 2020 onwards. Some of these changes were made with a sensitive touch to ensure that certain groups of people are not left behind as a result of the economic disruption caused by the Covid-19 pandemic. Heartland Boy will also go on to share how he has recently managed to unlock new categories to maximise his DBS Multiplier Account interest rate (2.1% on $100K) in this review.

HIGHER INTEREST RATE ON FIRST $10,000

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By Heartland Boy
Heartland Boy is a young working adult who pretends to be competent in the real estate industry despite graduating with only a Business Management degree. Outside of work, he analyses stocks, reits and property for investment to build passive income. He is also a stickler for all things that represent value-for-money.
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