![]() Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. 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$75,000 for each depositor per Scheme member. 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$75,000 in aggregate per depositor per Scheme member by law. Service charge is waived for DBS Multiplier Account holders up to 29 years old, effective from May 2018 onwards. Such accounts may also be subject to exchange controls imposed on the currency held. If your transactions do not meet the criteria, the SGD balance in your DBS Multiplier Account will be accorded the prevailing base interest rate for that month.įoreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses. Interest is credited in 2 parts:īase interest, calculated on daily balances will be credited at month end, andīonus interest at the higher interest rate (which is the higher interest rate less the prevailing base interest rate) calculated on daily balances, will be credited by the 7th working day of the following month. Any amount over and above this will be accorded the base interest for that month. Connect your other bank accounts to Fi and see a combined balance and transaction history. (This chat service is available from 9am to 6pm on Mon to Fri, excluding Public Holidays.)Īlternatively, you may leave your contact details and we will get in touch soon.īonus interest rates are applicable to the SGD balance in your DBS Multiplier Account, up to the first S$100,000. Fi is a money management app for working professionals, loaded with a zero balance savings account and commission-free mutual funds.
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