Here's where the promo rate comes from
https://www.nst.com.my/business/2022/09/828...reign-investors
Investment Versa
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 Sep 8 2022, 10:19 PM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur   
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Sep 8 2022, 10:19 PM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur
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duplicate message
 This post has been edited by ronnie: Sep 8 2022, 10:20 PM |
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Sep 10 2022, 06:38 PM
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Senior Member
1,354 posts Joined: Sep 2021
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QUOTE(ronnie @ Sep 8 2022, 10:19 PM) 3.2 fd is it? |
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Sep 13 2022, 04:17 PM
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Junior Member
223 posts Joined: May 2017 From: USJ 
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Why versa cash in still stuck at processing? 3 days already
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Sep 13 2022, 04:38 PM
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(DanialTan1990 @ Sep 13 2022, 04:17 PM) Why versa cash in still stuck at processing? 3 days already new to versa? iirc, will take few days to get updated. long time didnt use Versa  This post has been edited by cybpsych: Sep 13 2022, 04:39 PM |
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Sep 13 2022, 04:39 PM
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Junior Member
223 posts Joined: May 2017 From: USJ
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QUOTE(cybpsych @ Sep 13 2022, 04:38 PM) new to versa? Yes started last Saturday, very newbie in this section |
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Sep 13 2022, 04:43 PM
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(DanialTan1990 @ Sep 13 2022, 04:39 PM) Yes started last Saturday, very newbie in this section refer here How long does it take for the Cash In amount to be processed and reflected in the available balance? – Versa Asia |
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Sep 14 2022, 02:18 PM
Show posts by this member only | IPv6 | Post
#408
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(DanialTan1990 @ Sep 13 2022, 04:39 PM) Yes started last Saturday, very newbie in this section FYImy deposit @ 11 Sep (Sun), already reflected in Versa's balance today |
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Sep 14 2022, 02:22 PM
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Junior Member
271 posts Joined: Oct 2006
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QUOTE(cybpsych @ Sep 14 2022, 03:18 PM) FYI journey to 3.2% my deposit @ 11 Sep (Sun), already reflected in Versa's balance today  |
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Sep 15 2022, 11:13 AM
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Junior Member
223 posts Joined: May 2017 From: USJ
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Versa cash current promo 3.2% but why in my apps still show 2.5% ?
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Sep 15 2022, 04:05 PM
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Senior Member
1,354 posts Joined: Sep 2021
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QUOTE(DanialTan1990 @ Sep 15 2022, 11:13 AM) Versa cash current promo 3.2% but why in my apps still show 2.5% ? You should email to them. Anyway base is 2.5 but they will give you a bonus of 0.7. To be honest, I really do not know how it works and I am asking them whether they will give us the same monies everyday and whether like go invest there is an extra dividend payment they make at the end of the month at which your unit trust price will go down |
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Sep 15 2022, 04:21 PM
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(DanialTan1990 @ Sep 15 2022, 11:13 AM) Versa cash current promo 3.2% but why in my apps still show 2.5% ? https://versa.com.my/versa-cash-3-2-net-ret...rms-conditions/ |
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Sep 15 2022, 10:57 PM
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Senior Member
1,354 posts Joined: Sep 2021
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QUOTE(cybpsych @ Sep 15 2022, 04:21 PM) Sorry to trouble you. I emailed to them but they still gave a generic answer to my reply.Actually this is what I asked them but they still did not answer my question. Dunno why customer service are ai nowadays. QUOTE Just an quick one. Do I expect the same returns every day. And also do you pay dividends at the end of the month. Actually for the 2nd part, I was implying do they pay a lump sum of profits distribution or dividend at the end of the month. I was asking this because for TNG Invest, at the end of the month they will pay out profit distribution and the price will actually fall before the price goes up again because the dividends are redistributed the next day. Anyway. Should be no biggie because the profits are only distributed at the start of the following month anyways. This post has been edited by BrookLes: Sep 15 2022, 10:59 PM |
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Sep 17 2022, 09:48 PM
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1,354 posts Joined: Sep 2021
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If anyone is using Versa Save for a long time.
Is it evenly distributed everyday. For example if I put in Versa Save for 5 days. Will i get 5 days of 3.2% the next month? |
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Sep 23 2022, 10:06 AM
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771 posts Joined: Jun 2015
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QUOTE(cybpsych @ Sep 1 2022, 01:45 PM)  Frequently Asked Questions (FAQs) How does the campaign work? It’s simple! As long as you have funds in Versa Cash, you will automatically enjoy our promotional net return rate of 3.2% p.a. This promotion only applies to the first RM30,000 in your Versa Cash account and it is open to all new and existing Versa Cash users. If my balance in Versa Cash exceed RM30,000, will I continue to earn the promotional net return rate of 3.2% p.a.? The promotional net return rate of 3.2% p.a. only applies to the first RM30,000 in your Versa Cash. Any subsequent balance above RM30,000 will continue to earn Versa Cash’s base net return rate of 2.5% p.a. When will I receive my earnings from the campaign? Your returns from this campaign will be credited to your Versa Cash account the following month, on a monthly basis. Example: Your earnings from the promotional net return rate for the month of September, will only be credited into your Versa Cash account in October. T&Cs https://versa.com.my/versa-cash-3-2-net-ret...rms-conditions/ | https://versa.com.my/wp-content/uploads/202...-Conditions.pdf |
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Sep 23 2022, 10:07 AM
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Junior Member
771 posts Joined: Jun 2015
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QUOTE(BrookLes @ Sep 17 2022, 09:48 PM) If anyone is using Versa Save for a long time. The T&C says on a monthly basis not dailyIs it evenly distributed everyday. For example if I put in Versa Save for 5 days. Will i get 5 days of 3.2% the next month? |
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Sep 27 2022, 02:03 AM
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Senior Member
1,354 posts Joined: Sep 2021
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QUOTE(Afterburner1.0 @ Sep 23 2022, 10:07 AM) The T&C says on a monthly basis not daily Actually you did not get what i mean.What I mean is, is the profit distributed evenly each day. Of course everyone knows the profit will be distributed at the start of next month. So if I put in my monies for say 3 days vs if say I put my monies for 4 days. Do I get exactly 3 days of profit next month or 4 days of profit next month, or it's not really evenly distributed and it is based on profit for each day. |
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Oct 4 2022, 08:24 PM
Show posts by this member only | IPv6 | Post
#418
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All Stars
65,286 posts Joined: Jan 2003
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Can you guess what big change awaits?
We can’t unveil the details just yet, so stay tuned for the announcement in the coming weeks  |
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Oct 4 2022, 08:51 PM
Show posts by this member only | IPv6 | Post
#419
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Senior Member
1,056 posts Joined: Jun 2011 From: Kuala Lumpur, Malaysia 
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Personally I'm just getting more frustrated with Versa because it has this "reverse engineer barrier", showing us the interests/bonus in #units instead of simple money value.
Anyone running both Versa and KDI in parallel with exact same money and entry, to compare till end of this year? I wanna satisfy my curiosity  |
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Oct 4 2022, 11:23 PM
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Junior Member
586 posts Joined: Mar 2006
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QUOTE(Takudan @ Oct 4 2022, 08:51 PM) Personally I'm just getting more frustrated with Versa because it has this "reverse engineer barrier", showing us the interests/bonus in #units instead of simple money value. KDI update interest daily which bring me great satisfaction and motivation to invest.Anyone running both Versa and KDI in parallel with exact same money and entry, to compare till end of this year? I wanna satisfy my curiosity Versa GUI better but it payout monthly and I feel bored... Just like you said, I feel bored Versa shows in unit and I don't really know how much is it. I prefer KDI which encourage me to invest more. littleprawnReborn, lovelyuser, and 1 other liked this post
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