DBS has revamped its Multiplier Account yet again, In the latest set of changes in 2017, DBS has essentially lowered the transaction tiers needed to get the high interest. In the past, the DBS Multiplier Account was notable for being the only contingent high interest savings account in Singapore to offer the higher interest via total monthly transaction size for the categories of salary credit, card spend, investments, insurance and loans. The new DBS Multiplier is therefore more accessible in the sense that minimum transaction size is now only S$2,000 to earn the higher interest. But how does it now compare versus its peers in the contingent high interest savings account space such as the OCBC 360, Maybank Saveup or Citibank Maxigain? Let us take a closer look.
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