April Fool Day Notification By DBS – Multiplier Revision

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Some changes to the interest rates but It’s well expected given that Fed cut interest rates between 0% to 0.25%.

The last changes is on 1st Feb 2020. The changes can be read here.

DBS Multiplier Notice

What are the changes

The change affects those with “income” and “1 transaction category” and does not affect 2 transactions onwards.

The difference ranges from 0.08% to 0.25% affecting average spending the most at $2,500 to $$5,000 at 0.25%.

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Author: The Financial Guy

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