KDI still good for liquid cash with higher interest. Not sure if they will have promotion after the introduction period. I suspect there won't be no more promo since it's for their launching only. But will probably be a bit higher than OPR but won't be better than Bank's promo. Just have to wait and see.

seems to be in their roadmap

It required min RM250 to be reserved in Invest account, which makes me quite concern about this...   

hope will be better and maintain 3% for KDI Save next year

If OPR continue to raise, kdi should also raise. The point of kdi is to beat or equal FD rates but more flexibility. If they are lower than FD then they will lose ppl. Hope we getting better and better rates :X

Actually i think they should revise during next interest rate announcement (probably september) coz if TnG can reach 2.85% "now", they will increase to beat kdi save 3% (promotion) by next interest rate increase. If that is the case the promotion is no longer a promotion rate -.-"

Come on kdi, you should beat the rest of your competitor if they can beat asm 2 (8 more days to announce) and asm 3 (end of next month announcement) rate then they will gain a lot of money :x

Unless they can do what robin hood does, good luck. Otherwise it's just a white elephant project.
The rich already got their RM to take care of them so why would the rich need KDI?

As of 31 Aug 2022, all links below are on archive.ph:-

-- fd

Maybank FD

1M APR = (1.95/12)**12 = 1.97%
1Y APR = 2.35%

UOB FD

1M APR = (1.95/12)**12 = 1.97%
1Y APR = 2.25%

-- mmf

StashAway Simple current projected APR = 2.7%

Toucnngo/Principal Go+ = 2.85%

Versa Cash = 2.5%

KDI Save = 2.25% after above RM 250k, else 3% - this sucks.

FD underperforms MMF especially in an environment central banks are raising int rates, if you lock in the low rate for 12 months, you don't get the flexibility.

FD beats MMF in terms of cash availability, you don't need to wait days before using the $ for emergency, you just lose the interests accumulated. So if you just want emergency fund then just set 1 mo auto-renew.

Some of my MMFs in endowus singapore are -3% currently, maybe the malaysian ones are performing that well, but it surely is not as safe as fixed deposits.

any reason to stay with kdi's 3% then? other than the 30k limit by versa

i don't think KDI Invest is transparent with how they time the market. so better you ask yourself if you want to take the leap of faith or not. if market is bad they'll help you time the market anyway

what points?

I doubted your statement, it doesn't make sense at all

1st, you know how severe if there's 80% losses? Media will be reporting the bloody market

2nd when you see 80% loss in your portfolio, you know how much the market should perform to recover? 400%!!

Please comment responsibly, don't simply give wrong statement or create havoc

so actually you can deposit into KDI using credit card?

With the implementation of the new formula, the rate is no longer as advertised. From today onwards, the existing money, that is invested at 3% previously, is actually invested at a lower rate, not 3% anymore. 3.5% is just a cover up. 
Edit: I'm referring to amount greater than 50k.