Versa Cash-i is a Shariah-Compliant low-risk cash management fund, which invests in Affin Hwang Aiiman Enhanced i-Profit Fund. The fund is an Islamic money market fund managed by AHAM Capital (formerly known as Affin Hwang Asset Management) and invests in multiple short-term Islamic Fixed Deposits.
You earn when the unit price of the fund increases and it is reflected in your Versa Cash-i balance as you’ll see your balance increase.
With Versa Cash-i, you can
- Save in a Shariah-Compliant Money Market Fund
- Start with a minimum of RM 10
- Cash Out anytime, with no penalties
- Enjoy net returns of 4.0% p.a
While Versa Cash-i is not protected by PIDM, your assets are safeguarded in a separate trust account under Deutsche Trustees Malaysia Berhad.
*Promo net returns
Sign Up Versa with Referral Code JZQYJ8D6 and Get RM10 Reward
Versa is a new way of managing your money that is licensed by the Securities Commission Malaysia. The reviews and feedback have been convincing! Sign up today with our referral code and RM10.00 worth of Units!
What is Versa?
It is a digital cash management platform, is here to transform your sleeping cash into money-earning potential through return rates similar to the interest of a Fixed Deposit. With Versa, you can ‘duit’ your way and enjoy the freedom to withdraw your savings at any moment without penalties.
- Start saving with just RM100
- Earn FD like returns
- No lock-in periods, withdraw anytime
- No sales charges, no deposit/withdrawal or other hidden fees. No complications. No lock-in period.
How to Sign Up?
Follow these simple 10 steps and use our referral code JZQYJ8D6 to enjoy RM10 of Units. That’s an instant 10% return on your investment.
- Tap on this link: https://bit.ly/SignUpVersa
2. Download App and Tap to Open
3. Tap on Create Account
4. Key in your preferred Display Name and email address
5.Key in Promo or Referral Code: JZQYJ8D6
- Important Step for RM10 Reward!
6. Tap Create Account; key in OTP (sent via email) and Verify OTP
7. Set your Password
8. Next steps are all about Verification
> Verify your mobile number
> Verify your identity via Identity Card photos and a Selfie
> Submit additional details
9. Ok, all set and done. Now it’s time to deposit money to your account. Start with minimum RM100 to enjoy RM10 reward.
10. Done. They will verify your account and will take up to 5 business day for amount to be reflected in your balance.
Note: All investments involve some degree of risk!
Download Versa App
Versa Review
Pros
- Unlike FD, You can get started with Versa with a deposit as low as RM100.
- Versa is great if you want to park your money for short or long term. You do not need to commit to putting your money for certain period of time. You may withdraw your money anytime.
- It gives very competitive interest rate of up to 2.0% p.a. or higher depending on the performance of Affin Hwang Enhanced Deposit Fund.
Cons
- It takes Up to 3 business days for the deposit to be reflected in your account
- And it takes 2 business days to reach your bank account if you withdraw
Wahed Invest
There is another investment platform that you may want to check out. Read about WAHED > https://mypromo.my/wahed-invest
