Multiplier Programme

It’s time we rewarded you with more

Earn up to 2.68% p.a. for banking with us.

The more you bank with us, the more you’ll be rewarded.

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:

Salary Credit

Credit your salary to any POSB/DBS Deposit Account

  • Salary must be credited via GIRO, with transaction reference codes ‘SAL’ or ‘PAY’
  • This is reflected as either ‘GIRO SALARY’ or ‘SALARY’ in the main transaction description in your Statement of Account

Email HR

Credit Card Spend

Spend with any POSB/DBS personal credit card(s)

  • Monthly spend consists of retail/cash advance transactions posted within the 1st & last calendar day
  • Eligible transactions across main cards & supplementary cards are accorded to the main cardholder

Apply now

Home Loan Instalments

Apply for a POSB/DBS Home Loan or refinance with us

  • Monthly instalment(s) due on your home loan(s) with POSB/DBS will be recognised
  • Cash and Central Provision Fund (CPF) components included

Contact me


Start Insuring with POSB/DBS

  • Purchase any of the following regular premium policies after joining Multiplier programme:
    • ManuProtect MoneyBack
    • ManuProtect Life
    • ManuProtect Term
    • ManuProtect Decreasing
    • ManuProtect Decreasing Lite
    • ReadyChoice
    • ReadyPayout Plus
    • Manulife SmartRetire
    • RetireReady
    • ManuRetire
    • ManuEdu First
    • Manulife ReadyIncome
    • ManuFlexi Growth
    • Manulife Global Medical
  • Monthly premium amount due on in-force policies past free-look/cancellation period will be recognised for the first 12 consecutive months

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Start Investing with POSB/DBS

Credit your dividends to any POSB/DBS deposit account.
  • Dividends must be credited via GIRO, from Central Depository Pte Ltd (CDP).

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Purchase a Unit Trust via POSB/DBS
  • Valid for Unit Trust Lump Sum Investments, Unit Trust Regular Savings Plan and POSB Invest-Saver purchased after joining Multiplier Programme
  • The investment amount of your Unit Trust Lump Sum Investment will be recognised after your free-look/cancellation period
  • Monthly contribution amount for Unit Trust Regular Savings Plan and/or POSB Invest-Saver will be recognised for the first 12 consecutive contributions per investment fund
  • Purchase(s) must be made in cash, not using funds from your CPF or Supplementary Retirement Scheme (SRS) account

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Trade in equities online via DBS
  • Fully settled "BUY" equity trades via Vickers Online will be recognised.
  • For transactions via Vickers online trading platforms, only the primary account holder will be accorded the transaction amount.

Apply now

How much can you earn?

The more banking activities you have with us, the higher the interest rate you enjoy.
See Interest Rates table here.

Or, use our handy calculator.

Calculate now

Other things to note:

Start earning higher interest today.

To join the Programme, all you have to do is to open a Multiplier Account:

If this is your first account with us, open online now and there will be no minimum average daily balance required.

Apply now

Need help?

Frequently Asked Questions

  • How many categories do you transact in? That determines whether you qualify for Set 1, or Set 2 interest rates.
  • How much do your eligible transactions add up to in a month? That determines the tier you belong to (under the “Total monthly transactions column”).

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.


Prefer to earn cashback instead?

Get up to S$130 a month with POSB Cashback Bonus.

Find out more

  1. 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.

  2. 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.

  3. 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.