that is what happens on my both app now. "Processing" as i deposit yesterday. Both showing same date. i did not purchase on that fund in allocate+.

Under allocate+, it showed another portfolio.

Quite smart. I use both same email address when register

Any answer to this?

rfid toll will auto reload as well?

i don't dare try later have to reverse...

General question - do we expect MMF returns to increase when BNM eventually raises the interest rates?

Basically, will there come a point in time when FD returns will be higher than Versa/Simple?

My understanding is that MMFs have holdings in FDs anyway, so I would expect the returns to also move up in step with any interest rate hike?

Versa and StashAway Simple both give higher projected returns than current non-promotional-rate FD, at least for the moment, because both have rebates from their respective fund houses that they pass on down to users.

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

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

Promo FDs usually only for certain tenure and require a fairly big sum of investment of at least several thousand "fresh funds" (aka money that wasn't initially deposited with that bank). Some only give that promo rate if you buy investment/insurance products which means you need even bigger starting capital. Even regular FD certificate needs at least RM1k usually. Versa/Simple etc. are designed for people who

1) don't have much capital (since minimum deposit is RM1 haha)
2) want liquidity and don't want to get locked in FD tenures

So target audience is different.

Both have their uses but obviously if you have the financial capability and don't mind that lock in period, please invest in promo FDs 🤣

I want to add another point to DragonReine input
1) No promo rates can beat MMF rates for shirt term say 1-3 months. For 1 year yes.

For me the point of MMF is simple. I use it as short term parking place/until next bill is due. This is so my cash won't be completely rotting inside the bank.

I feel sad to TNG, launch new product also get scold 

They didn't cheat us, they already mention the return rate around 1.47 pa, still got many ppl complain the interest is low.

The main purpose for this Go+ is for you to generate interest when you got money in e-wallet. Few sen better than nothing 

I think is mainly because TNG advertising too much on this and it looks like something big... but some people disappointed on the return
The haters and supporters are always there ...