Yes very very fast. if you withdrawl from KDI Save before the cut off date, you will get your money on the same day.

On Simple, I am still waiting for my money despite having the instruction carried out on Monday morning before 11am.

I deposited on Sat and Sun, today  can see 1 day interest paid .

My 2nd acc opened Saturday 5.30pm, only approved 12.30pm Mon
Deposited money straight away, still pending, if this also earn 1 day interest later on tonight,
that means  no point deposit on Sat or Sun,
might as well wait till Monday only deposit.

Cant believe it, KDI  deposit cut off time (for same day interest) is so early!

Deposit 8.19Am , get interest same day.
Deposit  12.37pm  no interest, u only get it next day.

Deposit on Sat and Sun no benefit, no better than do it Monday early morning.

deposit Friday afternoon is be the worst ,
no interest for Fri,Sat Sun, only get interest  come  Monday.

Anyone know if money is already inside KDI Save , will we get interest over the weekends?

I know if money is pending transfer no interest. So I am curious about money already inside KDI save.

I meant if you already have money inside KDI save, will it have interest on Saturday and Sunday. Not deposit on Friday/Saturday/Sunday.

Say you deposited money on Thursday a.m before 11am, so interest Thursday, Friday confirm got.
Saturday, Sunday?

Deposit or withdrawal cut off is working day 11am, you will see update of same day interest or your withdrawal proceed by 430pm same day

If you make deposit or withdrawal on weekend or holiday, then it will follow upcoming working day

If I were to be you, I will deposit now as tomorrow tend to forget and miss 11am again....hahahah

Hand itchy and found something interesting....

Yesterday did a additional deposit of 20k into KDI Save, and I selected my cc as payment, the transaction rejected after keyin OTP

Just now found that there's extra 20k in my personal bank savings account registered with KDI, stated refund from PACIFIC TRUSTEES BERHAD

Shouldn't they refund to your card...

deposited yesterday night, reflected today around 4:36pm. Guess their works cover anything from 11am to the following day's 11am, and the system will reflect the change on account after 430pm?

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)

So, the cutoff days/time is their processing time and whether successful and update in our account is depends on their system?

like how ? isnt it daily rest

Seem like it make sense for lower the returns if our net deposit amount (after withdraw) is reduced.

Daily return is compound base but subject to total amount holding.

After your withdraw the holding value is decrease that make the return have slightly decrease as well.

this is weird then .... do keep us posted. thanks

dont know u refer to same testing or not,i tested and yes nice refunded cash!
try post 512, is that your problem?
If yes worry not, just check your Net Deposit column.
your "loss" is credited there
of course if total  balance reduced(after WD) , daily interest must also reduced- but must reduced ACCORDINGLY lah

the issue is the interest reduced is more than Accordingly.

Eg that day i WD RM10k, i expected interest for next day reduced by RM0.62,
but KDI reduced next day interest by RM3.54,

what happened to the RM2.92??

KDI sent it to "Nett Deposit"...  
funny system.

Dont worry about the calculation, i can vouch that KDi calculate  daily interest exactly as what we have expected.
it is daily compounding including your earned interest.

If your  balance yesterday was X, and today b4 11am deposited Y, and  your accumulated return Z
Today's interest would be (X+Y+Z) x3%/365
straight forward.

IINM you raised the issue as you felt KDi "claw back" some of your earned interest.
just go check your Net Deposit there, the money is there.

Mine the moment i saw  my Nett Deposit  XXXX2.92 i know that RM2.92  was not my own deposit, it must be
CR from the so called claw back interest. Go check yours.
First hand info here, it is daily compounding including earned interest

cut off date or time?
if date then i don't think i saw this T&C.
if time then is it 11am as well?

Has anyone experienced a delay with deposits to KDI save?

In my case, I made a deposit last night and even got the confirmation email this afternoon (this is usually sent out after 4PM) that the funds have been invested.

The dashboard still hasn't been updated though and the Transactions tab also states that the funds are still 'pending'.

Hope its just a regular delay but it seems weird given that the confirmation email has been sent.

missed the 11am cut-off and since today is Friday, just to confirm that it will be better to transfer on Monday before 11am right?

I registered the account at 1pm, got the approve by 4pm same day.

Made my first deposit last night at 10pm, till now still didn't reflect in the statement. Received email notification on the deposit but why is the turnaround time so slow hmmmm..