Earn up to 2.68% p.a. for banking with us.
With the Multiplier Programme, you can multiply your returns to enjoy up to 2.68% p.a. interest. Simply fulfil any of these five transaction categories, with transaction amounts adding up to S$7,500 or more:
Credit your salary to any POSB/DBS Deposit Account
Credit Card Spend
Spend with any POSB/DBS personal credit card(s)
Home Loan Instalments
Apply for a POSB/DBS Home Loan or refinance with us
Start Insuring with POSB/DBS
Start Investing with POSB/DBS
How do I read the Interest Rates table?
When you put (i) and (ii) together, you will then be able to tell which is the exact interest rate that is relevant to you.
Whatever interest rate I qualify for – is this applicable to all of my balances in the Multiplier Account?
These interest rates are only applicable in the SGD wallet.
How can I check if my salary credit transaction is eligible?
If your total monthly transactions amount is less than S$7,500, the S$ balances in your DBS Multiplier Account will be accorded the prevailing interest rate for that month.
Higher interest rates will only apply for the first S$50,000 balance in your DBS Multiplier Account. Remaining S$ balance will be accorded the prevailing interest rate for that month. Higher interest will be credited in 2 parts:
(i) base interest at our prevailing interest rate, calculated on daily balances will be credited at month end, and
(ii) preferential interest at the preferential interest rate (which is the higher interest rate less the prevailing interest rate) based on the sum of your eligible transactions with us, calculated on daily balances, by the 7th working day of the following month.
Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.