Wednesday, 22 November 2017

Alternative to Singapore Savings Bond (SSB) - DBS Multiplier Account

Singapore SAvings Bond (SSB) gives a guaranteed yield of 2.16% p.a. (based on NOV 2017 issue) if held for full 10 years. If you decide to redeem your savings bond early, you will still receive a lower return.

What if you do not plan to hold it for the full 10 years?

You should consider opening a DBS Multiplier Account.

Simply credit your salary and spend any amount using DBS credit card will get you 2.08% p.a. on the first $50,000 balance in your Multiplier account. There's no minimum salary credit or credit card spend required!




Note: You can get higher interest! Read here.

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