Opened DBS Multiplier Account
The HR at my new job told me about the account and that people in the company were using it to credit their salary, actually I knew about the account because one or two years back I checked it out, I vaguely remember I didn't qualify or it sucked, so yesterday I went to DBS website to see what the hype is about and found that they revised the account, now it actually looks very attractive. I also found the following in their FAQ : So it looks like previously I didn't sign up because the interest rate was shit, have to transact $7500 a month to get 1.08%, otherwise just 0.05%. Based on the new structure I can get 1.9% for salary and credit card spending, or 2.2% if I buy stock via DBS Vickers, CDP dividend credit also count, wah not bad leh. Like that no need to think already, yesterday I went to ibanking and opened the account, online open is immediate, damn fast, then I also transferred some spare cash inside, nowadays so convenient open bank account at fingertip. ...