I think you might have seen my nickname in FD thread & I was a staunch believer prior to last month & don't really dare to invest in shares or unit trusts.
But after knowing Kenanga, Touch n Go GO+ (at promo rates) & crypto savings, it is too hard to resist putting FD funds there.

I have put some money in KDI Save too like a savings account since it can be liquidated easier than FD but I do not even dare to put into KDI Invest.

For crypto, is just USDT Earn account with some funds used to explore trading & DCI.
There is still a lot in FD as some were put before the interest rate went down with a tenure 3 to 4 years previously so ya, is still well diversified.

Definitely remember. 4.85% is like virtually extinct at least for a few years to come.
3% daily compounded interest in Kenanga already very happy.
However, crypto savings at 12.3% is like too good to resist trying.

Is principal + interest we earn daily, this is called daily compound interest.

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?

Yes, it shows 3.5% on the dashboard details


The 100k is indeed confusing but i kind of got the point, is 3.5% p.a. compounding interest, not 3.5% p.a. prorated on a daily basis

My 'rough' calculation was right, or maybe for some it already took effect while others have not.
Here is the explanation i received yesterday:

Thank you for contacting KDI. We apologize for the confusion. Since 1st Oct, we have a new promotional rate for KDI Save which is at 3.5% p. a. (for the first RM50,000). Since Oct 1st, falls on weekend, the calculation will be calculated on Monday as we do not operate during weekend. The calculation is meant for Saturday, Sunday and Monday. You may check your account again after 5 pm as the updates is between 4pm to 5 pm during business days only.

Same here