- Spending on eligible credit cards
- Purchase of eligible insurance product
- Purchase of eligible investment product
- Taking a home loan
DBS Multiplier allows you to earn a bonus interest rate when you transact across multiple product categories.
What happened?
Many of us who have a savings account with DBS have probably heard that DBS Multiplier is offering an interest rate of up to 4.2% p.a. a year.
However, as DBS Multiplier also comes with different tiers of bonus interest, we thought it might be worth taking a closer look to see how easy or difficult it would be to earn this interest rate.
How does DBS Multiplier work?
To earn a higher interest on DBS Multiplier, you will need to credit your salary or dividends, or connect your SGFindex on NAV Planner.
You will also earn a bonus interest when you take up more product categories with DBS/POSB.
The more product categories you transaction with, the higher bonus interest you can potentially earn with the DBS Multiplier account.
These product categories would include:
