Versa website already says many times for Versa I so don’t twist turn and turn around instead 🤦‍♀️ as you can’t even differentiate between Versa and Versa I 🤦‍♀️

You earn when the unit price of the fund increases and it is reflected in your Versa Cash-i balance as you’ll see your balance increase. Your money and its earnings will then be reinvested into the fund once more, so you can earn returns from your previous returns.

https://versa.com.my/get-to-know-versa-cash...ey-market-fund/

This post has been edited by xander2k8: May 22 2023, 04:09 AM

bulshit,

Versa never say NO REBATES paid.

only you pandai pandai said NO REBATES paid

IF really Versa said so you must be damn silly not showing it here
instead keep sending link that we cant find the word NO REBATE!

oh, so I can put 30k each into Versa and Versa-i respectively to earn the promotional rate of 4% ...nice !!!

ya, at least that is what they claimed

That is just plain wrong. Rebate is never paid by the fund. It is paid by Versa. The fund only pays distribution. Stop confusing others with your own interpretation of the terms just to prove you are right.


Yes, despite proven wrong many times by many people, he still want to twist things here and there even though it does not make any sense at all.

Go check and read properly as under pay out rebate 🤦‍♀️ are paid from the fund 🤦‍♀️ while Bonus is paid from Versa using the word rebate 🤦‍♀️

Versa explained that it “may make up for the amount difference” by crediting rebates when the daily returns earned fall below 4%. (inclusive of fees). This way, even when the interest rate of the fund fluctuates, users will be able to consistently earn each month.


This post has been edited by xander2k8: May 23 2023, 09:03 PM

those observe him all know him well
conman twist and turn black oso can become white

I agree rebate (in Cash RM) is from Versa
distribution (in units) from Fund hse

next that conman will twist and turn say payout is rebate now
so rebates from fun hse he is not wrong? bulshit!

hello kaki putarbelit
dont come and tipu lah

rebates are paid in CASH
payout is in UNITS

dont twist and turn say payout = rebate ok?

think people all stupid kah?

payout is rebate? and rebate is from fund hse?
podah!

Go open your Versa check before come talk

hello for versa ,when i cash in ,how long does it take to reflect into my account ?

How long does it take for the Cash In amount to be processed and reflected in the available balance – Versa Asia

KDI now 4% alredi for first 50K , Versa will up their game to 4.5%????

Unlikely 🤦‍♀️ unless the AHAM MMF funds is performing at 4% before the bonus is given but the past month sub par performances

Hi all sifu, I deposit RM100 on 24 April and another RM 29,900 on 8 May 2023. If based on 4% interest, the total interest amount should be around RM 160 and above. I would like to ask how Versa-i calculate the interest as I can see only RM 138.53 interest.


Attached thumbnail(s)

4% is not a straighforward grant to your account

Campaign Reward
= Net return of 4.0% p.a.
= Versa Cash-i base net return rate + promotion net return rate
= 3.17% p.a. (Based on historical performance in January on January 2023) + 0.83% p.a.
= 4.0% p.a.

Your returns from this campaign will be credited to your Versa Cash and/or Versa Cash-i account the following month, on a monthly basis.


what you see from the app is (current) base return. the promo return only credited (separately) next month.

This post has been edited by cybpsych: Jun 29 2023, 08:40 AM

Thank you very much for the detailed explanation, appreciate it.

This post has been edited by datolee32: Jun 30 2023, 06:21 AM

KDI save now better? Since they increased to 4%?

At 4% not really. Been using Rize instead myself, PIDM insured savings account, 5% on the first 5k, 4% on the rest. Instant withdrawal obviously. Temporary pulled out of all MMFs thanks to this promo. https://forum.lowyat.net/topic/5370177

just read up on it.. being PIDM protected, and acts like a standard savings account (instant withdrawal/deposit) is a game changer.
Just not sure how long this promo interest will last.

thanks for sharing

This post has been edited by Davidtcf: Jun 30 2023, 12:20 PM

Ends August 31 unfortunately, enjoying while it lasts.

30th June 2023

We hereby givenoticethat the Terms & Conditions for Rize Deposit Campaign 2023 will be extended to the 31 December 2023, and will be replaced by theseamended terms and conditionswith effect from 20 July 2023.

Oh sweet! Not bad, shame there is no bump up in interest rate, hahaha.

Where did you find this notice? I can't find it anywhere.