same-day cash-out

Versa Cash : Your money will take up to T+1 business days (by 11.59 PM*) to reach your bank account.
Versa Cash-i : Your money will take up to T business days if you Cash Out before 10.30 am


Can I save with Versa Cash and Versa Cash-i at the same time, and earn the promotional net return rate of 4.0% 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 4.0% p.a. on the first RM30,000 in each fund respectively. Subsequent amounts above RM30,000 will be entitled for base net return rate.

i can click into Versa Cash-i

main page, tap Savings icon, then tap into Versa Cash-i, then there's [Cash In Now] button

The same day cash out and t+1 cash in applied to regular versa cash too?

Rebate = free cash given by Versa, right ?
Payout = free units given by Versa, right ?

Both also considered as earnings from your Versa investment

Anyone has a referral code? PM me

I haven't tried Versa but from the last couple pages, many compared it to KDI, how does it compare to StashAway Simple?

That's how it works for unit trust. That's what I did for my amanah saham fixed price fund. Withdraw everything and just leave behind RM10P so I will get paid on my previous balance.

Is Versa easy to use? What's the current returns like?

so quiet?
versa fund indeed sucks
3050 left 3046

I wish PRS can invest in BTC...long term sure rich liao

i guess we kena tiup hahahaha.
But i have never ask them exactly how it's calculated.

i use add all the 2022 reinvestment+bonus divide by principal amount (less than 20k) to get that 2%
Gross Interest p.a. seem to hover around 3.1% though

I cashed out 25k from versa last week how come my bank is only showing 24975.07 today

Ei I thought versa cash is fixed one kan
Capital always preserved

Hi, it was my first since it started, and I noticed something which I don't understand, after I did a full withdrawal of Versa Cash and app shows Zero balance.

So today, as usual, emails come, and it's time to check statements. To my surprise, AHAM shows I have balance/transactions after the fact. It's not much, but it's weird as it doesn't show up in Versa App as usual, only AHAM web.
Initially I thought it was the "price difference during-after........" , but doesn't seem like. The redemption amount is already the same as what I got.
Anyway, for those who are curious, first image below is cropped from latest statement, while second image show what is displayed on AHAM website.

I’ve just installed versa. I can’t understand. It has 0 sales fee. 1.5% management fee 0.05% trustee fee.

When I see fund fact sheet. It says. AHAM select sgd income fund. Initial sales charge 3% annual management fee 1.5%

So which one is correct? Have to pay 0 sales fee and 3% initial sales charge or just 0 or both in the case of management fee?

Thoughts on these funds? Looking at the fund info on SGD seems to heavily invest in monetary managers ie. Banks/MoF

Global-i looks more promising if compare the two

I have around rm10200 on versa cash since december
Since it is 4percent pa interest which is round rm37 per month
But in February , only get around 13rm
May I know why so less?

however in janaury is credited manay rebate.

thanks for advice

First of all 4.77% is not guaranteed. Base net return for every month is different. What if their base net return drop until 3.3% like we see before? Then we only get 4.3%.

That RM30k if put into GXbank will earn a fixed RM600 for 8 months risk free. At the end of the day it depends on your risk appetite.

What do you guys think? Maybe temporary move to Rize for 3.8% first?

Oh yeah KDI still giving 4% for first 50k right?