nope. min 2k. but u can top up till 300k to get 4,2%

ok.Thx

Versa announced Versa Cash Base Nett Return in June is 4.11%

I only started Versa in May, is this the highest so far?

Yeah I think it's the highest from my experience of using Versa. Plus the fresh funds 2% quest in June that's a whopping 6.11%

Plus a bit more via reading article quests and auto-debit quest. Tho these are limited amounts.

Versa is quite generous lately

Any idea when does Versa credits the base returns? As far as I can tell, recently my total assets accrue at just below 3 % per day.

noob question > all these r not capital guaranteed right?

yea not PIDM protected

Just registered.
For the 4.2% promotion. Upon withdrawal after 31 Jan 2026, will there be finance charges ? I thought i read somewhere 0.3% charges for some product.

I read TNC of the 4.2% promo, mainly the scenarios they provided... Did not see keyword about finance charges do you happen to have any screenshot/snippet/link to that clause?

I was navigating around the apps as a new user. Saw it with other products, cant remember where. But not in 4.2% promo because my account is awaiting activation.. So seeking clarification.

0.3% is quite likely to be the management fee
which has been deducted and been reflected in your balance, so no further charge
the fixed 4.2% is for versa cash only

This post has been edited by 1mr3tard3d: Jul 11 2025, 04:22 PM

nope they dont have any withdrawal fee. they say all the returns shown on the app is nett. so the management fee that they say has already been minus off already.

it should be on a daily basis and based on per annum tho.

I believe that to be conservative, they use a lower rate daily, because they don't yet know what rate will be declared each month. Once the rate is declared, there will be a one-off adjustment each month end?

Well that's the problem with Versa -- their calculations have too many layers and their FAQ are dumbed down for the financial illiterate. I haven't taken the time to scrutinise my historical numbers to find out exactly how they work.

If you look at the statement/transaction history, you'll see the bonus/interest are credited to you biweekly monthly. I can't remember well but perhaps they did mention the interest is calculated daily, so you can withdraw anytime and won't lose 2 weeks of accrued interest.

I just checked my own, apparently it's credited monthly now... But quest rewards are mid week. History from 2 years ago showed biweekly reinvestment/bonus.

Hey guys, this 4.2% is it counted on a daily basis?

Like in a month 30 days, deposited on the 15th day, then till end month only entitled for 15 days (half of month) of that month's interest?

Asking about this because I deposited 2k (first timer) and it took like 3 days for them to actually arrive in my account. So in this case I've lost the 3 days interest?

And another question, unit price for CASH. Will it be the same when I withdraw on February? Or might go up/down

Thanks in advanced!

This post has been edited by johnnyenglish123: Jul 12 2025, 12:04 PM

4.2% p.a. (per annum) means balance X 4.2% / 365
save --> versa cash --> in the overview page, scroll down and see the total units quantity
AHAM EDF, select historical NAVs
the NAVs did go down but due to distribution which increases the total units
as for the risk assessment, refer to the annual report in the above link

let say i deposit 100,000 today.
and if i withdraw 98,000 on December 2025.
1) the 4.2% is paid on Feb 2025?
2) Withdrawal before Jan 2026 will cause no 4.2% for the 98,000?

you check T&c
i think is 98 k will earn 4.2% till day you withdraw
but that Rm2k cannot withdraw until after 31.1.26
if not your RM98k would not get 4.2%
but it would be paid base rate close to 4% also.



today i noticed 2 Quest bonus paid on 10.7.25

1)Financial liter survey 0.1% RM0.82
2)Autodebit 1% RM8.21

i think deposit via autodebit Quest Bonus to earn extra RM8.21 a month
is way better than trying to hit that promo 4.2%

say you have spare cash RM7200

you want to
1)deposit RM7200 for that promo 4.2%
or
2)set as autodebit RM1200 x 6 months get Quest Bonus 1%

Base is the same for both eg 4.0%
so extra for (1) is only 0.2%

i will go for (2) much better

with just additional capital of RM1200 x 6 months i can earn RM8.21 x 6 =RM49.26

the same RM7200 if go for campaign 4,2% actually earns extra only RM7200 x 0.2% x 6/12 =RM7.20

anyone good at calculation can confirm my guesstimation?
if proven true what for go for that 4.2%
better setup autodebit for Quest Bonus 1%