why SAMY still say 2.4% pa?

Please ask clarification from SAMY:
https://www.stashaway.my/contact

can u ask and tel us here?

I have no interest over Simple™ or have any holdings in Simple™; hence no interest over this product nor how SAMY maintain the projection.
Sorry for the inconveniences caused.

Wait till it commit on next business day. 1st time deposit will take longer time & cut off time is Friday. So need to wait on Tuesday. Monday Federal holiday.

Update status next week

remember update here....

I have always like Versa before Stashaway simple. This is because faster withdrawal time. Glad finally it's live.

I think Versa's expected returns are around 1.8% to 2.1%

Possible at that rate with another OPR rate cut of 0.25 this year which looks like gonna happen by Q2

But the key feature fast liquidity so it’s better than sitting the money in savings if it’s workable as key selling point

Idling money can still be parked in conditional high yield saving/current account without lock in period;ie RHB Smart Account @ 2.85% pa

This post has been edited by GrumpyNooby: Jan 31 2021, 08:16 AM

Not all high yielding because the minimum spent component which actually draining the earnings hence C is useless just like CMCO unless C is fulfilled by minimum spent

UOB's One Account is not too bad as well with interest rate ranging from 1.65% to 2.15% (provided criterias are fulfilled). Don't have the hassle transfer funds here & there.

UOB InvestPro can easily give 1.70% pa without any extra criteria at all.

Not difficult to fulfill the criteria, as UOB One Account is my main bank account. Naturally, I will have bills to pay..
The best returns are still in stocks..

InvestPro is my salary crediting account.
I got Stash too but the tier band range is too high; so I abandoned it.

any money market funds in singapore that is easily accessible to malaysians who have sg account? so far money only in sg bank account doing ntg, and im not ready to go into higher risk investments there yet.

Via FSM SG?

hmm well i dun think anything worth. interest rates very low there.

Yea I am using UOB one account to temporary park my cash. Easy to fulfill if using their credit card, also no hassle can in out anytime.
I don’t like MMF, the pa only 0.x% higher than UOB one, but is T+x .. also my amount not big like millions, parking time not long like years, the return delta is actually negligible..