what will be the next best alternative after Versa ?

stated there profit upto 2.46%pa, is that good or not?i am new, actual return i also dont know,
but i think is better than Stashaway lah

Anyway i am here to ask if anyone  ever see their invested amount value dropped significantly few days later.
I expect it to show a steady upwards graph, not  dropping and up back slowly.

I asked Versa about it why i saw my  invested amount as RM585 481.56 on 25.12.2021,
and i  checked it early 29.12.2021 and saw it has dropped to RM585 131.93 ,
(funny now it has gone up a bit)

i dont check every day, just simply  login and was abit annoyed showing me that drop in value.
and they are not explaining it to my satisfaction.

see their reply,  versa just simply showed me that table without  amount on 25.12.21 that i queried.

i wonder if Versa people knows or not what is shown on our Versa Apps.

no overnight interest = No bonus?? betul kah?
I dont think so.

I check my Versa, can see overnight interest  is separate entity from BONUS
Versa RM called me, seems like only overnight interest will stop
1.95% also better than  nothing lah
just parking short term only, waiting to attack SSPNi in Mac 22
high  yield i heard is SCB, but seems quite cumbersome ,tied to  regular topup use its credit cards etc

i use it for liquidity parking, still better  return than my other parking vehicle eUT PMMF....but PMMF same day  can get money

How much return do you guys get for complete year 2021?

The fund in Affin Hwang is showing 1.8% only.

Is it 1.8% +- in average for the whole year 2021?

what other funds you can recommend other than versa? 1.8% is low so i want to move away some of my funds from versa

i saw this article at : https://support.versa.com.my/hc/en-us/artic...I-earn-rebates-, it said, if daily return is lower than 2.46, they will make up the different by giving out bonus, how true is this?

If it is true , that means we will get 2.46 return consistently regardless how the AFFIN HWANG ENHANCED DEPOSIT FUND is performing then i won't move out from versa and continue to stay with them.

But overnight interest amount is too miniscule as you can see  from examples above.
So how much  it can drag the ROI down??
Overnight interest  cut hardly has any effect as the amount  is very small compared to dividend and bonus.
I  read somewhere Frank return 1.8% only, so is no better right?

Isn't overnight interest the interest you would've lost because of the deposit processing time? So it isn't actually bonus interest? And at most just 1-2 days of their base interest p.a.?

Genuinely curious lol.

Something wrong you...........very misleading.

overnight interest seems No 1 in your brain,
Number 1 contributor to your ROI at 0.2% ?
How lah ?

See transaction record as proof

tell us how much you managed to milk from overnight interest
Mine only Rm1 - 2 each time i deposit? and paid only once that's it!
Just how much can you collect from that chicken feed ?

Bonus amount at RM50- RM120 , easily 50x  more than  overnight interest.
paid every month! This is less important than  overnight interest?

Payout amount is even bigger at RM200- RM400, easily 100-200x your overnight interest, paid twice a month somemore!
yet you said it is the worst component?

Apa macam lah thinking upside down.............
going for the shillings and dowan the dollars?

tak bole tahan oredi         

tak bole tahan oredi         

If I require the money on Friday I should withdraw on Wednesday right?

To be safe, yeah.

GIVE RM8 cash back. but no upgrade server like that la!!!!

system jam. now should be o.k i just did mine.. SYIOK RM8 story..

Hmmm how should I take this news as a Versa user? Life goes on, wait and see if there'll be changes to the interest or payout structure? 🤔

Chinese New Year delay I guess. Just opened an account on 28th January and the deposit is still under processing.

How's versa latest rate? Thinking of migrating to OCBC frank.

higher than frank with every 2 week payout

I've been receiving rebates from them to match 2-2.1% p.a. returns though?

1.8% is the base but they do provide monthly rebates in order to match their "projected" net returns of 2-2.1%

Like that better use frank rather than versa. Better liquidity.

guys so versa , stashaway simple or frank for easy in and out fund ? just don't want to tie up for FD 1 years

But the 3.46% is until end of April right otherwise hit the max of RM1M will end of the event