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Investment Versa

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victorian
post Dec 20 2023, 04:42 PM

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QUOTE(virtualgay @ Dec 20 2023, 01:07 PM)
The return so far so good need check back after 5 years see hoi think next year 3k I gonna put half in growth and half in moderate

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Its only withdrawable until you are 55 sweat.gif

If you have to check it weekly/monthly and update everyone in the forum, you are doing it wrong.

Even if it increase 30%, it does not matter because it is not withdrawable.
victorian
post Feb 15 2024, 05:08 PM

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QUOTE(melz84 @ Feb 15 2024, 04:51 PM)
Just wondering if anyone is having the same issue... the Cash Out button seems to be missing for me.
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Manage-> Cash Out?
victorian
post Mar 29 2024, 12:14 AM

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QUOTE(Maniee27 @ Mar 28 2024, 11:26 PM)
i cashed in RM 6K for versa cash. its still being processed. does it usually take this long? it says to complete by 1/4/2024 11:59 PM
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Cuti la bro
victorian
post Mar 29 2024, 12:34 AM

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QUOTE(sweetpea123 @ Mar 29 2024, 12:33 AM)
freaking Versa /AHAM staff keep bugging me for EPF statement after I have given them previous employers' details and length of service. Anyone having the same problem. I asked , what if I dont give my EPF statement (super sensitive doc), they said they might close the Versa acc n return my moolah.  tongue.gif  tongue.gif

anyone having the same problem?
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What's so PNC about EPF statement?
victorian
post Apr 9 2024, 06:37 PM

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Looks like Versa Cash is a better deal since it has a higher base rate
victorian
post Apr 9 2024, 10:57 PM

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QUOTE(gooroojee @ Apr 9 2024, 10:15 PM)
Put 30k after 8 months get rm960 interest.

Deposit rm500x8 into Versa Invest as the condition. Will Versa Invest drop more than rm960?
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You can't calculate like that.

The risk free rate is 3.7%, you need to calculate the diff that 1% is getting you.

In this case 1% x 30k x 8/12 months is RM200.

If your RM500*8= RM4k dropped more than RM200, then you are already losing.
victorian
post Apr 11 2024, 11:37 AM

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Too much effort to earn the extra 1% for 10k or 30k.

And I wouldn’t even say 1%, it’s .77% to be exact if you compare it to KDI Save
victorian
post Apr 16 2024, 01:15 PM

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QUOTE(Vincent9696 @ Apr 16 2024, 11:51 AM)
thats meant this month versa is 3.77% ady?
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starting may
victorian
post May 10 2024, 09:31 PM

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QUOTE(~~5ive~~ @ May 10 2024, 05:21 PM)
I am not following you.

Can set up auto debit RM200 to versa cash to qualify for the campaign.
And assume you already have RM1k in versa cash, then you will qualify to this +1% (Apr wise is 3.68% base + 1% promo = 4.68%)
this promo is applicable for first RM10k in your account.
liquidity wise, the RM200 that deposited into account thru auto debit, can be cashed-out too as long as you keep minimum balance of 1k.

Anything i miss?
----------------

Update: Gone through the terms again and i understand now. So the Rm200/500 need to stay under "Invest" fund, and you get +1% on your "Save" account.
So this promotion is only suitable for ppl who are open to have investment in MMF.
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Open to have investment in MMF?

Versa Save is MMF, Versa Invest is not.



QUOTE(SKL @ May 10 2024, 09:17 PM)
People seems scared about versa invest. Actually auto debit in invest fund is not a bad idea using cost averaging every month. This is funds not shares that will likely delisted. It's safe to use dollar cost averaging.
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I think people just feel that it is not worth the trouble to set up a DCA just to get 4.77% (KDI offering 4% no string attached) for 10k/30k amount only.
victorian
post Oct 7 2024, 02:00 PM

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QUOTE(Gabriel03 @ Oct 7 2024, 01:42 PM)
i signed up for the autodebit (RM 600) to versa cash to gain save booster quest.

Last Sat, 5 Oct, RM 600 was debited from my bank account. However, until now, there is no record of incoming fund of RM 600 into my versa account.

Anyone face the same issue?
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Wait until Wednesday u should see it
victorian
post Oct 12 2024, 06:25 PM

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QUOTE(virtualgay @ Oct 12 2024, 09:00 AM)
Wake up RM50 richer as got bonus from versa
No idea which campaign
What I did most recently was put 3k into PRS fund

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https://versa.com.my/prs-via-versa-promotio...rms-conditions/
victorian
post Nov 5 2024, 03:12 PM

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QUOTE(virtualgay @ Nov 5 2024, 03:05 PM)
Question on the quest - I did 1 survey and 1 article so I get extra 0.3%

So with this extra 0.3% for the 1st 10k does it mean 10k in versa cash and 10k in versa cash i ? Or just versa cash?
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they will take whichever is higher
victorian
post Nov 11 2024, 09:31 PM

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QUOTE(John00 @ Nov 11 2024, 09:03 PM)
When the quests were first introduced, they felt fresh.
Now it's becoming an ad, and the extra pa is not enough to entice me to participate...
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0.1% is less than RM1 for a month of deposit, and coupled with it being given at the 11th of the month, this means that potentially one ad only pays you 50 cents haha…
victorian
post Jan 22 2025, 10:11 AM

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QUOTE(oks911 @ Jan 21 2025, 10:46 PM)
Anyone know when will we gonna get RM100 bonus from PRS versa?
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mine shows 28 Jan
victorian
post Feb 18 2025, 07:54 AM

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QUOTE(devilmaycry9 @ Feb 17 2025, 08:25 PM)
Recently Versa make mistake by credit campaign bonus to my account, twice which i thought is from my referral reward. I didn't know it until i realize my balance is less rm20 than it should be after i add up the profit it show. After email to them, they explain it was from their mistake.  The issue is they did not notify me in the first place, and if they can simply give and take the money in my account without my authorization, what stopping them to take one cent without me noticing? I'm thinking to withdraw all my money as I have trust and confidence issue in Versa.
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You mean, they have to ask you first if they can claw back, and if you say no they have no rights to claw back the bonus wrongly credited to you?
victorian
post Feb 18 2025, 09:51 AM

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QUOTE(devilmaycry9 @ Feb 18 2025, 12:31 AM)
yea even if their mistake, they should notify me so i didn't panic and wasting my time to figure out my missing balance. the credit campaign bonus or whatever promo they have look like a scam to me

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QUOTE(virtualgay @ Feb 18 2025, 09:10 AM)
claw back is fine but must inform customer
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apologise already kan icon_rolleyes.gif

This post has been edited by victorian: Feb 18 2025, 09:52 AM
victorian
post May 6 2025, 11:38 PM

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QUOTE(Gabriel03 @ May 6 2025, 11:34 PM)
I am surprised that the Versa thread is not more active ever since the 2% booster campaign. It should have gotten the attention of people with a lot of money to park in Versa for 2 months like when Gxbank had the savings pockets campaign few years back.
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300k is too much honestly.

If they put in max 50k im sure many ppl would have tried to maxed that.
victorian
post Jul 1 2025, 11:24 AM

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4.2% now but only for fresh fund. better withdraw out lol
victorian
post Jul 1 2025, 04:11 PM

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QUOTE(lerijiso @ Jul 1 2025, 03:57 PM)
Oh damn..is it too late to withdraw now? what will the new baseline for fresh fund be?
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4.2%? just a little more than the base 3.xx%
victorian
post Jul 1 2025, 04:26 PM

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QUOTE(wacko_joy @ Jul 1 2025, 04:13 PM)
If I withdraw now, the booster 2% interest (fresh fund quest) won't get affected right? Then i deposit back tmolo, does the deposit count as 4.2% (new quest)?
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too late. your baseline is the current amount that you have. so if you withdraw you have to replenish back before you can start to earn 4.2%


QUOTE(ericlaiys @ Jul 1 2025, 04:22 PM)
just add 2k, to get 4.2% for 6 month. it apply for baseline + fresh fund. not bad
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your baseline will only earn market rate bukan?

Only fresh fund will earn 4.2%

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