0.05%

Base Interest Rate p.a.

Up to 4.10%

Max. Interest Rate p.a.

^S$3,000

Min. Balance

All Details

• Key Features

  • No minimum salary credit

  • POSB Multiplier Account is a deposit account with a base interest rate of 0.05% per annum

  • Bonus interest rates: Up to 4.10% per annum. POSB Multiplier Account interest rates have been updated as of June 2025

  • To enjoy bonus interest rates, you need to credit your salary and transact in 1 or more of the following categories: Credit Card/ PayLah! Retail Spend, Home Loan Instalment, Insurance or Investments

  • Earn up to 2.20% p.a. when you credit income + transact in 1 category

  • Earn up to 3.00% p.a. when you credit income + transact in 2 categories

  • Earn up to 4.10% p.a. when you credit income + transact in 3 or more categories

  • Students, NSF, self-employed, salaried or retired individuals are eligible to apply

Income

Salary Credit	Credit your salary into your DBS/POSB SGD-denominated account via GIRO/FAST/PayNow with transaction code “SAL”/“PAY” or transaction description “SALARY”/“PAYROLL”/“COMMISSION”/“BONUS”

Credit Card Spend

Spend Rewards	Spend with any DBS/ POSB personal credit card or PayLah!
Eligible PayLah! transactions include
-Payments to merchants through PayLah! in-app checkout, web checkout, express checkout
-Scan & Pay transactions
-Payments to billing organisations
-Donations to charitable organisations

Home Loan

Housing Loan	Valid for new and existing DBS/POSB home loan, for new home purchase or refinancing from another bank/HDB.​

Insurance

Insurance Premium	Multiplier recognises all Manulife Regular, Flexible and Single Premium insurance policies distributed by DBS/POSB. No minimum premium amount required.

Investments

Investing	any of these: Unit Trust Lump-sum Investment, DBS Invest-Saver, digiPortfolio, Online Equities Trade, Bonds & Structured Products

Eligibility

Citizenship Status	Singaporeans, PRs, and Foreigners
Minimum Initial Deposit	S$0
No Minimum Initial Deposit

Fees and Charges

Minimum Average Monthly Balance	S$3,000
Fall Below Fee	S$5
Waived for those under 29 years old.
Monthly Account Fee	N/A
ATM Withdrawal Charges	N/A
Cash Deposit Fee	N/A
Counter Withdrawal Fee	N/A
Passbook Replacement Fee	N/A
Incidental Overdraft Charge	N/A
Other Fees (if any)	N/A

Other Features

No. of ATMs Available	Wide coverage of ATM islandwide (> 2,000)
Online Banking
Cashback Rate	N/A

Interest Rate

Base Interest p.a.	0.05%
Credited to your account on the last calendar day of the month
Max. Interest p.a.	4.1%

Policy Material

FAQ Document	Read More