In case anyone wondering…

I sent fpx thru 2 banks. 1 joint name and 1 only my name. The fund in joint name did indeed got rejected. They will send a email to u requesting that u furnish them with a bank statement for the joint name account and that it will take up to 5 days to refund it back to the same joint account it came from. Still in the middle of refunding process so i cant confirm how many days it will take. Hopefully the refund gets processed without further hiccups.

dont see any harm trying. No big loss

WAIT till they bank don’t release your money and lose out on the interest instead

hahahahah, small money, a couple of RM wont kill me. Dont worry

Hi all,

Planning to open an account on this. I see that there are 2 types: saving and invest. And most of the recent discussions are on the invest part.

For the saving part, it's quite clear the 3% (until year end) is quite good to park some temporary fund here. But on the invest part, what are the benefits of this if compare with the other funds like UT?

Thanks in advance.

FOC fees if invest below RM3000 for KDI Invest. No other robo advisors have this. (still got FX rate of 0.2% charges)

It is also fully AI driven.. but can see what you invest in only via statements on 1st every month. Portfolio depends on what risk you choose.

This post has been edited by Davidtcf: Mar 23 2022, 04:08 PM

OK thanks for the info. Maybe will try some figure below 3k and see how it goes.

PUT minimum 250 and try it out 1st til like you comfortable then put in more

Wonder if got investors put millions in this kinda robo-advisors?

invest RM2 mil and get charged a low flat fee of only RM6,000 annually 😂😂

if got so much money usually people hire financial planner already.

No! Definitely not in this 2~3 years as AI Robo advisor still new to the market, it will require some time to build it's reputation and market awareness

Probably next 5 years will be norm for everyone, by then, with inflation, more than 3 Million also possible

If i got billions, ok lah, can play play.

Opened an account this morning @9.44AM, got approved @12.10PM same day. That what fast.
Since my registered bank in KDI is limited to FPX 30k daily transaction, can I use other bank (under my sole name) for the deposit?

As long as the bank name is match with your register name.

noticed this statement: Please use the bank account you registered with KDI to deposit. Deposits from other unregistered banks with KDI may result in a longer verification time.

may i know will there be any differences in term of timing? since all banks are now using fpx, it should be the same no matter which bank right?

thanks

should be disclaimer only to those who use the manual deposit approach
using FPX should be no different regardless of bank

pure KDI Save

seems like withdrawal will also clawback the profit too?

like how ? isnt it daily rest

not entirely sure

after today's successful withdrawal (5 digit amount) from KDI, i noticed my Returns amount reduced.

didnt keep track each day's figures though cant compare before and after withdrawal


i'll keep monitoring and taking snapshots daily before triggering withrawal again