Seems like it by batches

Maybe still batch updating maybe just wait until afternoon

Yeah better do other things that gain more than 1.47%

Only good for those unusable credit

CIMB already eaten 0.33% for every ringgit margin too high

Their strategy will fail unless 7 day withdrawals is allowed otherwise Versa will still rules this sector

Not phone but looks like OS issue on iOS 12 cannot support no wonder my testing phone not appearing

Not sure whether on Android 8 or below it is not supported

Maybe still waiting to rollout on those older version

It will take 3.5 weeks to get a cent, around 30 weeks to 10 cents and almost 3 years to one ringgit

Super weird because I tot was OS version

Seems like that is case

Both on ios14?

Then from your experience confirm it is batch rollout by user account

Mostly likely either by age group based IC since only Malaysians are eligible or either wallet balance to trigger the function

Updates: I can confirm it is batch rollout by user account nothing do with OS

The only thing is that this function is racist why on earth asking user what type race they are

This post has been edited by xander83: Mar 26 2021, 03:04 PM

Maybe log out on your iphone12 account and re login should be the fix issue

Otherwise reinstall the application

I suspect their rollout is very patchy and should have done over the weekend instead

Pm sent

Yes for every payout the tax will be deducted automatically as fund expenses as long as you still have balance in the account

Pm sent

Not necessary because MMF market makers has the right not to increase the rate of returns

The only reason why MMF is higher than FD because of daily compound returns while FD is simple returns

Hence no matter how MMF will outperform FD in terms of return and liquidity

There is so many KAF, Versa, SA Simple, Pecef and many more

Pm sent

Promo FD rates are inconsistent as it depends on each bank whether they need to shore up capital which is why there disadvantage because the returns are inconsistent couple with locked up period illiquid capital

You better off buying MMF for its liquidity period 4 days in a week coupled with at least 10% higher than OPR anytime

So far Versa has the best in terms of functionality liquidity followed by Simple and Pecef and the worse of the worse of Go+ which load of rubbish when you can get OPR rates from Frank

Pecef it is from Public Mutual but not sure of its liquidity because not many here are using it

It is the latest competitor to Versa but coming from Public Group should not be that fantastic

Rather put in the money by its shares or holding company which gives solid dividend returns

Pm sent

High interest savings account there is conditional interest with spend requirements hence it is still won’t grow your money which total rubbish when the year named it as high interest savings which is misleading

MMF are designed for flexibility and liquidity purposes but with the anything under 2% OPR and as long as they can give returns of 2.1% they will grow for now until when inflation hits back in Malaysia at 3% then BNM will have to hike rates

Even with those so called FD promo are mostly rubbish for 1 year with simple interest of fixed rate while MMF will outperform them at variable rate with compounding unless anything more than 30% higher than OPR at least 3%

You can try 6months and you should a difference

MMF at those days are too strict compared to now because minimum deposit hence lower returns. In MMF the returns are mostly depending on market cap which you can see with Versa at least underlying fund of rm2.2 billion to be efficient to give at least 20% more than OPR

MMF are supposed to yield a total least 20% more than OPR but most fund houses screwed themselves up as you can see with Principal itself only on par with OPR because expense ratio deducted

Go+ will deemed as failure as compared to Versa because in terms of liquidity and returns. Unless KAF has a digital product you will still see Versa ruling the market.

I suspect their MMF is not doing so well because liquidity issue hence which is why is the returns are getting poor

You should benchmark with SG MMF mostly are going downhill to giving less than 1% on some fund houses

Versa next business day withdrawal while Affin Hwang will be 3 days later

Instant withdrawal to ewallet is not liquid because ewallet is not actual currency hence it is defeat the purpose of money which supposed to be universal exchange and interchangeable as a currency because it is failed unless actual ewallet cash out function is implemented