2.68% Regular Transaction Savings Account

2.68% Regular Transaction Savings Account

To get 2.68%, regular transaction savings account must fulfill terms and conditions on monthly basis.

See table below for details:

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

This is the DBS Multiplier Account.

You will need to have eligible transactions in any of the 5 transaction categories:
 Salary Credit
 Credit Card Spend
 Home Loan Instalments
 Insurance
 Investment

If your eligible transactions add up to at least S$7,500 in a month, you will start to enjoy a higher interest rate.

These interest rates are only applicable in the SGD wallet.

0.05% p.a. is the prevailing interest rate, applicable to any amount of S$ balance in the Multiplier Account

1.08% p.a. – 2.68% p.a. are the higher interest rates, applicable to a maximum of S$50,000 balance in the
Multiplier Account.

See also:

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

5% Savings Account For Kids

FD Promo: SING Investments & Finance

Standard Chartered 11-month FD Promo

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Singapore Savings Account Rates.

2.08% DBS Multiplier Programme

2.08% DBS Multiplier Programme

We present Singapore 2.08% DBS Multiplier Programme savings rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore 2.08% DBS Multiplier Programme savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

2.08% DBS Multiplier Programme Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

2.08% DBS Multiplier Programme Details:

If your regular banking with us adds up to S$7,500 per month, you’re eligible to earn higher interest.
The higher interest earned will be paid on the first S$50,000 in your Multiplier Account
No lock-in period
Total monthly banking with DBS or POSB Interest Rate (p.a.)1

Less than S$7,500 0.0005

S$7,500 to less than S$10,000 1.08%

S$10,000 to less than S$12,500 0.0128

S$12,500 to less than S$15,000 0.0148

S$15,000 to less than S$20,000 0.0168

S$20,000 and above 0.0208

1Remaining balance over and above the first S$50,000 will be accorded the prevailing base interest rate for that month. Higher interest will be credited in 2 parts:

(i) base interest at our prevailing base interest rate calculated on daily balances will be credited at month end, and

(ii) the remaining preferential interest, calculated as the nett of the higher interest rate and the prevailing base interest rate, based on the sum of your eligible cash flows with us, by the 7th working day of the following month.

Effective from 1 Oct 2014, the interest rate of this tier is revised from 0.98% p.a. to 1.08% p.a.

What are the fees and charges under the DBS Multiplier Account?

(i) Fall below fee of S$5 will be charged if average daily balance falls below S$3,000 (based on total SGD equivalent of SGD & foreign currency balances). Please note though, that fall below fee is not applicable in the month of account opening.

(i) No monthly account fee

(ii) Early account closure fee of S$30 will be charged if account is closed within 6 months.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

2014 Best DBS Bank Account Interest Rate

2014 Best DBS Bank Account Interest Rate

We present Singapore 2014 Best DBS Bank Account Interest Rate to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

2014 Best DBS Bank Account Interest Rate :

= 1.58 % p.a.

Which account is this?

It is the DBS Multiplier Account.

Fees
No monthly account fees

Fall below fee of S$5 will be charged if average daily balance falls below S$10,000 (based on total SGD equivalent of SGD & foreign currency balances)

Eligibility
At least 18 years of age
No initial deposit required


Read more about the DBS Multiplier Account on our site.

Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

DBS Multiplier Account

DBS Multiplier Account

We present Singapore DBS Multiplier Account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore DBS Multiplier Account savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

DBS Multiplier Account

The DBS Multiplier is a new programme that rewards you for your relationship with the bank.

You enjoy:
- higher interest rates of up to 1.58% p.a. on your DBS Multiplier Account balances based on your total cash flow from key income and expenses

- ease of tracking your cash flows with one single monthly overview

- regular reviews of your financial needs so you can get advice on how to potentially grow your financial assets

How the DBS Multiplier works to your advantage

Open your DBS Multiplier Account:
You will earn higher interest on the first S$50,000 in this account, with no lock-in period.

Consolidate your finances with DBS:
Enjoy higher interest rates, based on your total cash flow derived from any of these 4 types of transactions you have with us each month.

Total Monthly Cashflow | Interest Rate

$7500 - less than $10K = 0.98%

$10K to less than $12K = 1.28%

etc

The Team

Singapore Savings Account Rates.