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Announcements Improve How I Manage My Money Grow & Protect My Nest Egg My Home and I Ready for Retirement Kids & Family Matters Everything Fun Polls
  1. Home
  2. Improve How I Manage My Money
  3. Invest
  4. Multiplier account interest rate
  • GG
    GGoh Multiplier account interest rate

    Invest
    0

      If I already have ongoing subscription for Nikko AM STI ETF which cannot be considered under the "investment" category for Multiplier, am I still eligible for the higher interest rates once I subscribe to ABF SG Bond Fund?

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    • HeyAnna
      HeyAnna administrators
      last edited by @HeyAnna

        @XinXin That's right! Check out our Multiplier Unit for more tips/hacks to maximise the account.

        1 Reply 0 Reply
      • HeyAnna
        HeyAnna administrators
        last edited by @HeyAnna

          Hi @CLY, great to know your DCA journey into Invest-Saver is well under way! If you have subscribed to a new fund with Invest-Saver, it'll be counted for the next consecutive 12 months. Do note that if you set it up after the 15th of the month, it'll only start counting the next month (1/12). You can check out more Multiplier tips at 'Learning Units' above.

          Actually for your convenience, here you go! 😁

          1 Reply 0 Reply
        • CL
          CLY
          last edited by @HeyAnna

            @heyanna - I have previously purchased one of the ETF but after 12 months, it is now not valid to be considered as one of the investment category. I have now subscribed to another ETF during end of May 2021. Will this be eligible as one fo the investment category?

            1 Reply 1 Reply
          • XI
            XinXin
            last edited by @HeyAnna

              @heyanna Understand that this is only valid for 1st year. if i want to continue for following year. I just need to subscribe another fund in order to get the interest?

              1 Reply 1 Reply
            • HeyAnna
              HeyAnna administrators
              last edited by

                Hi @GGoh, purchasing Nikko AM via Invest-Saver definitely counts as unlocking the Investment category in Multiplier! If you bought that particular ETF externally, then you can still unlock that category when you subscribe to ABF SG via Invest-Saver.

                Once you credit your income (salary and/or dividends), this is a must-do and transact in one or more of the following categories, you can enjoy the higher interest rates πŸ˜πŸŽ‰ Check out this FAQ if you require more information.

                Good question, keep it up!

                4 Replies 0 Reply
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