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

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

not sure if it helps
have u tried the followings?
restarting phone
manage app - clear cache, clear all data

not necessarily since the reward may be limited by the spending category/cap

sell at discount ? carousell, facebook marketplace, lowyat garage sale?

that was the bonus campaign, 2% bonus in addition to daily return, which expired in April 2022

#12568
now daily return for all balance in go+ is around 2.x% p.a.

This post has been edited by 1mr3tard3d: Sep 7 2022, 03:36 PM

always read the advertisement with cautious, 3% p.a. refers to the projected 'gross' return, excluding any management and trustee fees

the net return should be lowered by ~ 0.40%

that is valid
but the real issue of the discrepancy here lies with the gross return vs the net return
because they failed to read

not all MMFs are equally super low risk
better check their asset allocation
the risk might not be as low as u think if there are bond/sukuk involved


just in case u r not satisfied with the information provided by our friend

is there any investment that provides guarantee on capital/principal amount?

just tried, QR P2P is not supported

hmmm, indeed
how r they going to promote go invest

This post has been edited by 1mr3tard3d: Nov 30 2022, 09:54 AM

is it go+ or goinvest?
RM 150,000 allocation only

right...RM 8 annual fee
i wonder why people complaining about the RM 8 debit card fee on saving account
but gladly accepting for TNG

hmmm...right
let me rephrase that
the RM 8 fee from savings account have been complaint on many occasions
while no complaint has been occurred for TNG yet

fair point

comparing the 6-day return from both go+ and go invest
since both balances are identical
so, the goinvest return is trailing behind go+ return by 9% (1.59/1.75-1)
not sure whether the 1.59 is inclusive of the campaign reward

perhaps u could show yours like he did

then your saved bank card will be charged the amount charged instead of reloading the shortfall amount
FAQ

i think it is more of a telco network / tng server issue
had loading problem too with snapdragon 865

yeah, you don't get warning email/suspended transfer but you also get 0% interest

perhaps the fd rate of PIB, HL is better than gopinjam

lol, u mentioned that they fund the gopinjam with go+
but it is about 15% of the total being placed with CIMB Islamic

in short, the fund within gopinjam and go+ are not related, as least not directly
unless the structure is like kdi, i.e. proprietary fund

better target cc cash back 2.5%-4% / month instead of the 3.5% p.a. go+ interest
RM 10/RM 1,000 for 50 days would be 7.3% p.a., so u r actually paying 3.8% p.a.

i guess TNG segregate transferable and non-transferable balance into different wallet, and applies the same code similar as ewallet/go+ balance
either your transferable amount or non-transferable amount must be sufficient for successful transaction, so they won't top up the difference from another wallet

bigpay = e-wallet?
so it is still within T&C
but gov transaction

if the non-transferable e-wallet balance is blocked from the MCC, how does the prepaid card access the balance?