Meet Jack. He has opened a Multiplier account on 1 Sep 2025. He maintains a daily balance of at least S$100,000 in his newly opened Multiplier account throughout the promotion period.
He also credits his monthly salary of S$3,500 to his DBS/POSB savings account and spends S$500 on Credit Card/ PayLah! Retail Spend every month.
Jack has a total eligible transaction of S$4,000 monthly. As part of the promotion, he earns interest of 2.10% p.a. instead of 1.80% p.a. on his first S$100,000 savings in his Multiplier account.
The interest is credited to him in 3 parts: | |
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Last calendar day | 0.05% p.a. base interest on Multiplier Account’s SGD balance |
7th working day of following month | 1.75% p.a. bonus interest on the first S$50,000 |
By the end of following month | 0.30% p.a. bonus interest on the first S$50,000 as well as 2.05% p.a. on the next S$50,000 |