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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save

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TStadashi987
post Feb 17 2022, 12:11 PM, updated 4y ago

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Hi peeps,

opening this thread for the discussion on Kenanga Digital Investing (KDI) so not to hijack SA (Stashaway) thread

Reminder: peep pls do not share your referral outright in the forum, you will get reported by anonymous (not me), it is unspoken rule in FBI session tongue.gif
I already saw several reports on forumer who asking for referral code or replying to such.


KDI Official Website:
https://digitalinvesting.com.my/
- Login
- Account Opening

KDI Web Account Login:
https://app.digitalinvesting.com.my/user-login

Kenanga Digital Investing (KDI) consists of two investment tools:
1. KDI Invest (Stashaway ETF portfolio alike) - click for more info
user posted image
Your withdrawal from KDI Invest will take approximately 5 working days to reflect in your bank account
QUOTE
According to KDI CS, you can view the portfolio's underlying ETF placement after getting the monthly statement.

2. KDI Save (seems to be akin to Money Market Funds portfolio like Stashaway Simple/Versa) - click for more info
user posted image
QUOTE
According to KDI CS, it is a short-term deposit that works similar to FD, they are able to guarantee the return rate but they typically do not reveal further info on the placement itself. It is with Kenanga Treasury.

Your withdrawal from KDI Save will reflect in your bank account:
Latest 1 day after the withdrawal day (T+1), if withdrawal made before cut-off time of 11am; or
Latest 2 days after the withdrawal day (T+2), if withdrawal made after cut-off time of 11am.
T should be working day, If you make deposit or withdrawal on weekend or holiday, then it will follow upcoming working day



Cut-off / Turn-around
(according to forummer's sharing here)

QUOTE(lovelyuser @ Mar 1 2022, 01:33 PM)
Deposit or withdrawal cut off is working day 11am, you will see update of same day interest or your withdrawal proceed(process by KDI) by 430pm same day
If you make deposit or withdrawal on weekend or holiday, then it will follow upcoming working day
*
QUOTE(rocketm @ Mar 11 2022, 11:48 AM)
I have asked Kenangan this:
Cutoff Deposit
KDI Save - 11am
KDI Invest - 8am

Cutoff withdraw
1-2 working days

Transfer from KDI Save to KDI Invest
4-5 working days

My experience is
Deposit @21.02.2022, 3:14PM and account update @23.02.2022, 12:47AM.  (2days)
Transfer from KDI Save to KDI Invest @24.02.2022, 3:57AM, account updated @25.02.2022, 4:42PM (1day)

*
FAQ Shortcut
https://digitalinvesting.com.my/faq/


KDI Referral Program
- not sharing my code to abide forum rule, do PM me or other investor smile.gif
user posted image
QUOTE
According to KDI CS, after your referee successfully deposited RM250 in their ETF account, KDI will reward RM 10 to both referrer and referee in 30 days.


Experience Sharing:
Pros
1. Quick account opening, got it open in one hour (Though there are forumer reported a day or more than that)
2. Quick investment deposit processing for KDI Save, deposit through FPX in the morning, got the units, and return in the afternoon
3. Promotional rate of KDI save 3%

Cons
1. BY FAR no details of underlying assets for KDI Invest, this info will only be available in your next month's statement
2. Login engine doesn't have 2FA
3. Mobile app doesn't have fingerprint/face ID login

Fee
https://digitalinvesting.com.my/invest/


This post has been edited by tadashi987: Apr 7 2022, 11:02 PM
MUM
post Feb 17 2022, 12:15 PM

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Bravo... Thanks for taking the initiatives to start this new thread. 👏👏👍👍👍
SUSyklooi
post Feb 17 2022, 12:16 PM

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Checking in n parking for added investment info
onepunch369
post Feb 17 2022, 01:19 PM

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Thanks for starting a new thread! This seems like a rushed launched looking at the lack of information on the platform itself hahah
Ramjade
post Feb 17 2022, 02:03 PM

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After you login, and you click KDI save, under their terms and condition, it's mentioned the 3% is until 30th June 2022. Not sure who's lying. KDI team or all the newspaper.

If is until 30th June 2022 why mentioned until end of the year.
TStadashi987
post Feb 17 2022, 02:08 PM

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QUOTE(Ramjade @ Feb 17 2022, 02:03 PM)
After you login, and you click KDI save, under their terms and condition, it's mentioned the 3% is until 30th June 2022. Not sure who's lying. KDI team or all the newspaper.

If is until 30th June 2022 why mentioned until end of the year.
*
from the all the sources i read is until end of this year tho
Official: https://digitalinvesting.com.my/save/

News:
https://www.theedgemarkets.com/article/kena...esting-platform
https://soyacincau.com/2022/02/16/kenanga-a...tment-products/
tehoice
post Feb 17 2022, 02:18 PM

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Money market funds, relatively easier to move your funds around. just move when the promotional rate ends.

by the way, i am still waiting for my account to be approved.

how long does it take for your account to be approved?
juudai1990
post Feb 17 2022, 02:21 PM

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Got mine approved and transfer the money...

Saw that using MBB can use CC to add cash...

Anyone knows will it be counted as cash advanced and charging additional interest? If no cash advanced, then not too sure will it be earning points or not...
TStadashi987
post Feb 17 2022, 02:23 PM

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QUOTE(tehoice @ Feb 17 2022, 02:18 PM)
Money market funds, relatively easier to move your funds around. just move when the promotional rate ends.

by the way, i am still waiting for my account to be approved.

how long does it take for your account to be approved?
*
got mine approved in an hour

QUOTE(juudai1990 @ Feb 17 2022, 02:21 PM)
Got mine approved and transfer the money...

Saw that using MBB can use CC to add cash...

Anyone knows will it be counted as cash advanced and charging additional interest? If no cash advanced, then not too sure will it be earning points or not...
*
user posted image

you can try, i tried and the transaction will be failed eventually, was trying to give some trouble to them but no luck tongue.gif

This post has been edited by tadashi987: Feb 17 2022, 02:23 PM
juudai1990
post Feb 17 2022, 02:27 PM

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QUOTE(tadashi987 @ Feb 17 2022, 02:23 PM)
got mine approved in an hour
user posted image

you can try, i tried and the transaction will be failed eventually, was trying to give some trouble to them but no luck tongue.gif
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Haha, thought of trying and but found the answer... that's quick from you
rocketm
post Feb 17 2022, 03:03 PM

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Anyone unable to receive OTP during account opening?

I tried on desktop and app also having the same problem.

Notified them and they requested my name, telco network and mobile number then no update from them.
tehoice
post Feb 17 2022, 03:37 PM

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Update: Account approved. Should have asked for one of your referral code, this way, both of us got 10 bucks in our etf portfolio later.
tehoice
post Feb 17 2022, 03:38 PM

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QUOTE(rocketm @ Feb 17 2022, 03:03 PM)
Anyone unable to receive OTP during account opening?

I tried on desktop and app also having the same problem.

Notified them and they requested my name, telco network and mobile number then no update from them.
*
so far no such issue, they take a while to reach, but also in a matters of seconds. not too long though.
rocketm
post Feb 17 2022, 03:43 PM

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QUOTE(tehoice @ Feb 17 2022, 04:38 PM)
so far no such issue, they take a while to reach, but also in a matters of seconds. not too long though.
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I got their reply but they need to rely on the vendor to solve this issue. sad.gif


tehoice
post Feb 17 2022, 03:45 PM

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QUOTE(rocketm @ Feb 17 2022, 03:43 PM)
I got their reply but they need to rely on the vendor to solve this issue.  sad.gif
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this issue is with your telco?
elea88
post Feb 17 2022, 03:47 PM

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QUOTE(tehoice @ Feb 17 2022, 02:18 PM)
Money market funds, relatively easier to move your funds around. just move when the promotional rate ends.

by the way, i am still waiting for my account to be approved.

how long does it take for your account to be approved?
*
i still waiting after 24 hours

tehoice
post Feb 17 2022, 03:48 PM

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QUOTE(elea88 @ Feb 17 2022, 03:47 PM)
i still waiting after 24 hours
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should be pretty fast already. it's coming!
elea88
post Feb 17 2022, 03:48 PM

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QUOTE(rocketm @ Feb 17 2022, 03:03 PM)
Anyone unable to receive OTP during account opening?

I tried on desktop and app also having the same problem.

Notified them and they requested my name, telco network and mobile number then no update from them.
*
this OTP yes.. sometimes work sometimes delay so long
juudai1990
post Feb 17 2022, 03:50 PM

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QUOTE(elea88 @ Feb 17 2022, 03:47 PM)
i still waiting after 24 hours
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I registered yesterday and I can login this afternoon... Perhaps you can try to login now..

Just that, I am still waiting for the money to in Kenanga
annoymous1234
post Feb 17 2022, 03:51 PM

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The 3% is per year, right? If I put say for 3 months, meaning the interest will be pro rated??

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