In this Versa Cash update 2023, I will share my rate of return on Versa. The return is calculated using value as on 1 July 2023. My return My return is 3.43% per annum, based on internal rate of return formula. This is lower than the promotional rate of 4.00% per annum. My return was …
Recently, I have made a withdrawal from my Versa Cash account. I would like to share my experience here. Timeline I made the withdrawal request on 19 February (Sunday) at around 8.30am. The request was processed by Versa on the same day. However, as it is a non-working day, my withdrawal request was processed by …
Versa has announced that Versa Cash interest rate will increase to 4% per annum starting 1 November 2022 until 31 January 2023. The current interest rate is 3.2%. Terms and conditions The 4% interest rate only applies to the first RM 30,000 balance in the account. Any amount over this value will continue to earn …
Recently, I have received an email from Versa about its new interest rate. Versa Cash net interest rate now is 2.5% per annum, instead of 2.1%. This is effective from 1 August 2022. My return As on 9 August 2022, my return is 2.75% per annum, based on internal rate of return formula. This is …
I have been using Versa for more than six months. In this article, I am going to share my experience of using this digital cash management platform. My return As on 30 November 2021, my return is 1.95% per annum. I am using internal rate of return for the calculation. It is lower than the …
Versa is a platform to save extra money with a decent interest rate akin to fixed deposit (FD) without the lock-in period. It is licensed by Securities Commission as a recognized market operator. How Versa Works? It channels the invested money to Affin Hwang Enhanced Deposit Fund, a money market fund. The interest is earned …
