What are the benefits for signing up / applying for Optimal Cash Account?
There are no up front charges or fees when you open an Optimal Cash Account. There is also no maintenance fee to operate on this account. This means tremendous savings as you use this account to prepare for any investment opportunities. Management fee of 0.3% per annum for the DBS Enhanced Income Fund is reflected in the Net Asset Value as provided by DBSAM. Maximize your excess funds Depending on your preference, you can choose to park your cash funds either in Singapore Dollar deposits or in DBS Enhanced Income Fund, while you wait for opportunities to trade or invest. For your cash funds in Singapore Dollar deposits, we pay competitive interest based on the Singapore Dollar money market rate. 4 X More Trading Power Increase your trading limit by up to 4 times the value of your Optimal Cash Account balance to make an impact on emerging investment opportunities. Hassle Free Trade Settlement With Optimal Cash Account, we take away the inconveniences of settlement so you can concentrate
