Looks like a MEH promo today

Introducing GOinvest - our NEW investment feature that helps you achieve your life goals directly on your eWallet!

👌 You can invest from RM10
💰 You earn up to 2.7%*p.a. returns.
🇲🇾 It's a Shariah-compliant fund made for ALL Malaysians.
✅ There's no maximum capped investment amount.
🤙 Cash out money when you need it! There's NO lock-in period or early withdrawal fees.
🔒 It's safe & secure as the fund is managed by award-winning fund house, Principal Asset Management.

Achieve your life goals with GOinvest NOW! Find out more details at https://www.touchngo.com.my/goinvest

Need minus 0.42% from what i read from the faq

Why cannablize their own go+? Both are essentially MMF

Up to 2.7% n could go - ve, might as well use those high interest CASA.

the only big different cannot direct payment from goinvest

Already got KDI save which offers 3% up to end of this year.

Yeah but I understand the appeal of those that don’t know about other MMF out there. So it’s easy marketing for CIMB Principal. Those everyday users of TNG eWallet might end up using it.

How is the deposit and withdrawal speed from TNG eWallet to Goinvest? Should be instant right? Difference is can’t use the balance here for payments.

This post has been edited by Davidtcf: Jul 6 2022, 11:20 PM

deposit quite fast either use fpx or ewallet. reflect completed order within less than a day.
strange part about this MMF is, today my return -2. loss 2 sen in 1 day. first time see MMF get return -ve

Just tried depositing 10 bucks. This is how it looks like. Got some delay in between:



Likely the same if try to withdraw.. need 1-2 days to see the balance in TNG wallet.

Trying out to see if they can maintain 2.7% interest.

This post has been edited by Davidtcf: Jul 6 2022, 11:35 PM

where to see the chart for the fund?

go+ maximum RM 9.5k + interest only; no capping for goinvest

those would have required some spending with fpx/debit/credit card, which may not be attractive than other cash back/reward credit card
and/or investment which may not be appealing

investment should be accompanied with return and risk, MMF is not limited to FD only

If you can withdraw out your tng fund, don't think people will put into go+ or goinvest with or without the capping

don't quite follow this statement
i find go+ more appealing than goinvest because it allows instant cash out to ewallet, which allows payment/transfer/duitnow
is there any ewallet that provides 1-month FD interest that i m not aware of?

goinvest, on the other hand, would be contender to versa/stashaway/fsmone/KDI
could not find information in relation to cash out to ewallet balance from the FAQs

that was my point, for those who wish to accumulate more than RM 9.5k in MMF, the excess could only be directed to goinvest
so long as goinvest allows cash in from ewallet balance ---> credit card transferable balance limit ---> cash back on ewallet reload
for cash in RM 5,000 or below monthly, the return could possibly beat other MMF as the cash back from credit card is around 2-4%

This post has been edited by 1mr3tard3d: Jul 7 2022, 02:33 PM

Ya because u say go+ has 9.5k capping, so I thought you are implying that you want to put more inside.

But the reason why people put into go+ is because source of fund can be non cash and withdrawable. .

So I don't see the point of goinvest actually, there are much better alternatives out there.

So it maxes out 2.28.
Ughhh.

No. 2.7% already after such fee

There is no "max" percentage la.

Like previously GO+ claims that "daily return rate up to 1.5%" but now already more than 1.8%.

Parking already expiry, app no pop up any notification
Go back car saw saman aiyo
Unlike red color ewallet will pop up when left about 10 mains
But app know keep spam notification for own ads which i no need to know