Anyone else tried doing the calculation?
I just checked mine, is way below 50k but still getting 3%. Or is it only for new deposits?

10,000*((1+0.035)^(1/365)-1) = 0.9425

10,000*0.035/365 = 0.9589

Why is there a difference between the above two formula when both has the same rate 3.5%? FD and Kenanga's way so different.

i am sure above RM200k previously 2.25% will likely now become <2%

any short summary rate ah, gauging if want to withdraw 

On the dashboard for KDI Save, there are three values - Current Value,  Returns and Net Deposit. I am observing that after certain period, some of the amount in 'Returns' are moved to "Net Deposit". This is making it a bit difficult to track the actual returns. I wonder why they do this. Are others observing the same?

Thanks. So can earn interest on interest? Does the 3% already take this into account, or will it be extra on top? Just curious.

Hi guys, is the 3.5% interest till this Dec'22?

I read an article saying that :
KDI Save does not guarantee returns. Even though it invests in low-risk Fixed Deposits & Money Market Instruments, returns are still subjected to market fluctuation.

Does that mean it's still possible that I don't earn lesser interest than what they have advertised ?

Yeah, I think it should be fixed regardless of the market fluctuation.

This is the article I read.
https://nomoneylah.com/2022/10/04/kdi-save-review/

capture market share maybe

oh thanks for the clarification.... i thought it will follow the 3% promotional period...
if until further notice guess to put as much as possible... 

Sorry still new to this, So you have to pay directly 30k or can pay gradually?

I did not follow what you and him are actually discussing.

I just remembered this post 1090 when Kdi Save gives 3% pa for the 1st 200k.

if kdi already max first 50k at 3.5%, is it worth to switch remaining 30k from kdi to versa for 4%?
since the next 50001 is 3% in kdi

KDI bonus rate is until when?

How quick and easy is it to create account and move funds in and out?

I checked my November statement for KDI. Return as per KDI statement and calculation is 0.278% for the month, which when multiplied by 12 is only 3.336%. instead of 3.5% EAR...

have to keep in mind this is promotional rate effective until 31st of this month only.. come 1st jan which is just 1 more week, will go back down to 3%. and 1 more week only still no news from them whether got any revised promo or not..

give new rate la.....near year end liao...maybank also called me give rate liao 3.8-4% aready for short burst time
still 3.5% ill withraw all out ni

I did KDI Save deposit 1st time today, after setting up the designated bank account for deposit a few days ago.

When I clicked the Deposit button (under Online Deposit tab), I expected to see only this bank to be displayed. But instead, many banks are shown. Anyway, I clicked on my designated bank button to complete the transaction, however I still had to select the correct account when directed to the bank website.

Just wondering, since the Deposit page shows many banks, is it possible to do a deposit via a non-designated bank account? For sure, KDI has stated that only the designated and verified bank account may be used, due to security considerations.

OCBC 360

please advise me where to park the emergency fund that can in/out anytime anywhere, and gain daily 3.5%pa above without any min amount/goal/mission needed

Remember TnG Go+ is not in and out as you think as some got banned because of it

Anyone in KDI save, withdrawal must keep minimum RM100 inside?

is the returns compounding with net deposit? like e.g if net deposit was 50k initially, then after 1 month gained rm141 returns. so have 50,141 in kdi save. is the interest still calculated on 50k or 50,141 ?

as most FDs now advertise >4% per annum rates I suppose most are withdrawing from KDI to put into FD? I sure am..

For me, the money I have in KDI is long term and I don't really care much about liquidity.

I don't see how KDI Save is long term if the interest rates are not better than FDs. I think you're talking about KDI Invest?

My amount is around rm12k+ , but for the whole year I never seen it goes up to more than rm20 (maybe for just a day) and the whole 364 days it was negative.

If I see the earning can go up to more than rm100 then that might be fine but never...loll. Never earn more than 0.01% for my portfolio🙃

Then what's the point of putting in KDI invest, SAVE at least can get 3.5% return.

Mine is Growth profile btw..

Ok, got reassurance.

I'm pulling because rate it 3.5%, not because of SVB