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Savings Account for Fresh Graduates and Young Adults
At a Glance
Earn 0.90% - 2.40% p.a. and potentially more out of your salary
Make an "investment" with your very first pay cheque with a DBS Multiplier Account! And no, it doesn't require you to analyse graphs.
No minimum salary credit and credit card spend required!
No minimum balance required (up to 29 years old)
Not Sure What That Percentage Means To You?
Here's a simple breakdown:
With Jack having a current balance of S$10,000 in his Multiplier account and transactions totalling S$2,700 each month, Jack earns an interest rate of 0.90% p.a..
That's S$90 in interest after one year, all by crediting his salary to a DBS/POSB account and spending as he normally would.
How Do You Get EVEN HIGHER Rates
|Increase your total eligible monthly transactions||Take up a product in an additional category |
(investments, insurance, home loan)
New to DBS? It’s easy with digibanking
digibank is the only app you’ll need for an intelligent, secure and intuitive banking experience. Open an account with just your phone and Singpass to enjoy instant approval. Get a headstart with our starter packs, all without the need to visit a branch.
You will need:
- Singpass (Singaporeans, PRs or foreigners who do not have a Singpass account may register here.)
- A valid mobile number and email address
- Or these required documents, if applicable
Get DBS digibank now
For existing DBS customer:
You can register for digibank using any of the following methods:
- ATM/Debit/Credit Card and PIN
- Singpass Face Verification* (only for Singaporeans and PRs)
*Registration available through digibank mobile app only.
About the DBS Multiplier Account
If you're ready to multiply your money
Here's a credit card suggestion for you:
Besides earning interest on your savings, get up to 5% cashback on online shopping and Visa contactless purchases with DBS Live Fresh Card. It can also be used as your ATM card, saving up space in your pocket!Find out more
Climb The Corporate Ladder
Whether you want to ace your first job, making the most out of your career or do more with your first paycheck, we've got you covered! Read some of these articles from our DBS Learn and NAV to get tips relating to your career and salary: