Any referral code for versa? new here.

One question. I noticed the money stored is not protected by PIDM. What if one day they have a system glitch or got hacked, will my money be affected? Like e-wallets, I kena once where my money being reduced for no reasons.

I see. What is the recommended amount to be stored inside Versa, to keep the risk low? I guess large amount, going with bank FD is better?

So what if one day Versa closed down or gone bust, as you know companies do close down too.

What will happen to my money? Will it get frozen? or will they allow me to withdraw all of them?

I doubt banks will just close down (even they do, it will be in the news to withdraw in time). But service providers like Versa, not sure. I may be over thinking, but curious.

edit: nevermind, it's stated here https://support.versa.com.my/hc/en-us/artic...blic-or-closes-

This post has been edited by ericwen: Jan 21 2023, 01:36 PM

I signed up. How come I am forced to share my employment details, like company name, company address.. isn't this a personal thing? why they need to know my company I work for details.

Can I choose homemaker to avoid this? or can i put fake details?

One question.

I deposited RM 100 for the account to be verified a few days ago.

I got an email today saying my account is verified.

But in my app, it is still showing cash coming in RM 100, but total cash is RM 0.00.

Any idea why my original deposited RM 100 not in yet?

Also by theory, I should get extra RM 10 using the referral code too.

I have some questions.

1. If I deposit cash into Versa, assume it automatically goes into Versa Cash. Based on my earlier deposited RM 100, it seems to go into Versa Cash.

2. If I keep the money in Versa Cash up to 1 year, I can enjoy 4% rate (even I will deposit more cash or withdraw)?

3. Can I lose money in Versa Cash if it under performs?

4. If I want to enjoy higher percentage, I will just invest in Versa Moderate or Versa REITs to enjoy higher %?

5. So if my deposit is RM 1,000 and Versa moderate or REITs is low performing, can I lose all my RM 1,000?

6. Similar to above, can I lose all and even owe Versa money?

I just started using Versa Cash and Go+.

In Versa, after deposited RM300, I can't see any changes to my amount, etc.

In Go+, I can see daily earnings straight to my total amount

For Versa, how do I know how much can I gain? Do I have to wait for 1 year?

Won't Go+ be better than Versa?