Don't know. I assume all mmf the same. So I usually do that. No need. RM200 inside. RM105 or RM110 enough.

This post has been edited by Ramjade: Sep 8 2023, 03:25 PM

Wait till next promo 🤦‍♀️ then you will be left out again

Not a mistake on your end 🤦‍♀️ just you don’t understand before putting in your money there

It is a simple why 4.3% which anything lower than MMF performance rebate will given to top up to it

In fact Versa-I itself is way better tool because it is accumulating fund rather than Versa which is being paid out every month which makes way more complicated in terms of calculating because you have money in and out

???? 🤔🤔🤔

Promo these days got minimum AUM just like for 4.3%

bank in again lor, apa susah?

have been treating Versa n KDI as temporary parking all these while, accumulate bigger amount, then masuk FD

i am like u put i park at Rize
problem is higher FD is most likely not going to be there anymore
OPR either maintain or drop saja now

ASM can leave RM10 min right? Why RM100 though?

Cause majority of unit trust all want you to have minimum 100 units inside. You can try 10 units and see.

Later they will change the clause to include loyalty bonus 🤦‍♀️ so by the time you bank in again it will be too late 🤦‍♀️

ya, wanted to do Rize, but I read last time like very unstable. So I pass, is it better now? BTW, OT a bit but Ambg FD 8m @4.2% one of the best out there. You can go check it out.


Later then later baru worry lor. hahahahah, why worry about something that havent happened? If happens, it happens lor. You dont have to worry for me.

This post has been edited by sweetpea123: Sep 11 2023, 06:48 PM

i start to move my fund into ASM slowly
still got a lot of quota for me 300k!!!

Is it me or is Versa rebates coming in late this month? last month came in 10th of the month..

they need to count many times hahahaha

they also credited on 14th or 17th in the past

Check on 2nd Wednesday or Thursday each month 🤦‍♀️

Hi Sifu,

Just want some info before I cash in money into Versa.

1. 4.3% promo rate is first RM30,000. Would I enjoy this promo rate of 4.3% if I transfer in RM30,000 to versa cash and another RM30,000 versa cash-i? Would the total RM60,000 enjoy 4.3% promo rate?

2. I understand that 4.3% promo rate is net promo rate. Did anyone experience getting lesser than 4.3% in the past few months? In other words is the 4.3% promo rate guarantee or would the rate fluctuates?

Thank you sifu.

Do not calculate like FD 4.3%... it's slight variable actually.
Versa is buying into unit trust which invest in money market fund.

1.
Can I save with Versa Cash and Versa Cash-i at the same time, and earn the promotional net return rate of 4.3% p.a. for both funds respectively?

Yes, all users can save with Versa Cash and Versa Cash-i at the same time to enjoy the promotional net return rate of 4.3% p.a. on the first RM30,000 in each fund respectively. Subsequent amounts above RM30,000 will be entitled for base net return rate.

2.
You earn the base net return from Versa Cash/Cash-i on a daily basis, and the rebates from this campaign will be credited to your account the following month.

Example: Your rebates from promotional net return for the month of July will be credited in your Versa Cash/Versa Cash-i account in August.

Mean you get base net return from Versa Cash/Cash-i on a daily basis, if the base net return is not up to 4.3%, you will get the rebate next month to tally to 4.3% promo rate. Base net return is vary every month.



This post has been edited by songokujames: Sep 14 2023, 01:53 PM

Thanks for the explanation. Seems like it's quite tedious to calculate the return.
Did anyone tried to keep track of the return to see the return is really 4.3%?

When would the 4.3% promo end btw? Couldn't find any info about it in the promo page.

Thanks.

depends on how your calculate
it would be straightforward if you use their NAVs


if you want the tedious way,

still pending for the August rebate