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Dec 18, 2008

DBS Autosave Account Rates







DBS Autosave Account Rates

DBS Autosave Account is an interest-paying chequeing facility. That means that it functions like a savings account and a current account.

DBS Autosave Account earns daily interest on the full balance. You can expect to automatically receive a new chequebook each time you're down to your last few cheques.

Detailed monthly statement of all your transactions are provided in the DBS Autosave Account. It comes with a DBS BankCard that's activated instantly where access to over 800 DBS/POSB ATMs and 12,500 NETS outlets is available in Singapore.

Overseas, you can withdraw cash at over 180,000 PLUS ATMs and enjoy cashless shopping at about 240,000 retail outlets that display the VISA Interlink sign.

Overdraft facility is provided with DBS Autosave account if your annual income is at least S$30,000.

The usual self-service banking facilities like ATMs, Cash Deposit Machines and Quick Cheque Deposit Boxes or Phone Banking and iBanking services are also available.

Fees to use DBS Autosave apply such as a S$2 monthly account fee and $7.50 fall-below fee if the average daily balance falls below S$3,000.

Applicants to the DBS Autosave account must be at least 21-years-old. with a minimum initial deposit of S$3,000.

DBS Autosave Account rates are:
First $3000 = 0.25% p.a.
Next $47000 = 0.35% p.a.
Next $50000 = 0.45% p.a.
Above $100000 = 0.6%

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