Payout on 15/7 as in notification so i can see the crediting tomorrow?

The distribution units should reflected in the units you hold.

can further read this Watch Your Money Plant Grow - Versa

Earnings & Payout – Versa Asia

This post has been edited by cybpsych: Jul 18 2021, 08:16 PM

last week's PAYOUT in units

also noticed there's a new entry called BONUS in RM, I guess this is the value of the payout unit


**update: probably the bonus related to this**




This post has been edited by cybpsych: Aug 2 2021, 05:38 PM

How much was the rebates

😂 and I happened to make a full withdrawal right before this was processed, aiyo

now have to top up a bit so I can get the minimum RM50 balance withdraw requirement

Can non resident apply versa?

another app update push

// Release Notes:
- Friends and family referral Program.
- Users with account balance less than RM50 can now make a full withdrawal.
- Minor UI enhancement //





This post has been edited by cybpsych: Aug 3 2021, 01:29 PM

finally a referral program. both get rm10 reward.

Sad early adopters gets nothing

Got lah, if you invite friends and family

Where to get the Referral Link ?
Is it true now we get payout once a month instead every fortnight ? ?

Now we can earn up to 2.46% inclusive fees?
What does that mean? Better than FD promo rate?

18 days ago Updated
Currently, net interest is approximately 2.0 - 2.1% per annum.
https://support.versa.com.my/hc/en-us/artic...est-calculated-

mentioned RHB 2.55%
at post 19944, page 998
Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only
https://forum.lowyat.net/topic/4154481/+19940#entry101857991

inside the app lor

Referral Program – Versa Asia

This post has been edited by cybpsych: Aug 2 2021, 07:44 PM

What is rebate and how do I earn rebates ? – Versa Asia

What is it?
As some of you may know, the fund’s interest rate fluctuates up and down on a daily basis when you invest in Money Market Funds (MMF).
Sometimes the daily returns you earn is below 2.46% p.a. (inclusive fees)
When that happens, Versa will make up for the amount difference by crediting rebates to your account!
So, even when the interest rate of the fund fluctuates, you’ll consistently earn 2.46% p.a (inclusive fees) each month!

When will I get rebated?
You will receive a rebate if the daily returns you earn is below 2.46% p.a. (inclusive fees)
Versa will credit the rebate for the month in the following month. (Eg: Rebates for the month of July will only be credited into the Versa account anytime within the month of August.
Once you received your rebate, you will be notified in the Versa app and it can be seen as a form of bonus in the transactions tab and notifications tab.


Terms & Conditions
Rebates are only applicable to users with a positive balance in the Versa account.
Rebates are calculated based on the user's account balance. If the user’s rebate calculated is less than RM0.01, Versa will not rebate the user.
Versa reserves the right not to disclose any rebate calculation.
Versa reserves the right to terminate the rebate initiative at any time. If Versa chooses to do so, users will be given prior notice via EDM or push notification.
Any rebates given to the user are the finalized amount. In the case of any disputes of rebate amount, Versa reserves the right not to entertain or consider such disputes.
Versa reserves the right to terminate and decline to grant the rebate, if in any event, Versa determines that there may have been fraudulent activity or a violation of the terms stated.
Versa reserves the right to alter or modify the rebate program mechanics at any time.
Versa reserves the right to amend the Terms & Conditions without prior notice.

why so effing low

Cause not enough for Versa in deposits due to bad economy as most ppl has withdrawn FD atm especially long term ones

So no bargaining power ah? Haish, no worries, ayam will contribute.

Banks are now currently flushed with cash unlike Apr 2021 when they are tonnes FD promo around which give ridiculous 2.5%pa for 2 year FD hence better with stick MMF for now

Use it short term parking only and then buy stocks and sell