6 thoughts to “Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds”

  1. Interesting info! Thanks for sharing. I have two questions about this.

    1. If I understand correctly, does one have to purchase SSB every month so as to enjoy a higher interest rate for the rest of the year?
    2. does it mean that the month they pay the interest, the interest deposit in DBS is considered a separate transaction, even if you don’t buy new bonds that month?

    1. Hi Amit, SSB pays out interest rate every 6 months. Just buy SSB every month until you completed your plan to receive interest payout for every month of the year. The interest payout in that month will fulfil the investment criteria under the DBS Multiplier step up interest program which means you will be entitle to additional interest. Read my post on DBS Multiplier for more details.

      1. Hi MSR, what do you mean by buy SSB every month until you completed your plan? What is this plan? Does it means i have to buy SSB every month for 6months?

  2. If i already have some SSB holdings bought previously via the normal POSB/DBS savings account, but not the multiplier account, and I now sign on to the multiplier account, will i receive the additional investment interest under the multiplier account now from my current SSB holdings?

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