Rize has announced that it will extend its deposit campaign till 31 December 2023. With this campaign extension, we would have more months to earn high interest. High interest rate In this deposit campaign, the first RM 5,000 is eligible to a profit rate of 5% p.a. The subsequent amount will get a profit rate …
I have just opened my Gotrade account in May 2023 and it has reviewed its fee structure in June 2023. With this fee revision, I would not recommend this brokerage now. Gotrade fee update Previously, Gotrade did not charge any trading fee. However, with this fee revision, it starts to charge 0.3% commission per trade, …
The government has recently announced that saving in Simpan SSPN Prime is no longer eligible for tax relief. This means that Simpan SSPN Prime can no longer function as a income tax-saving instrument. My action plan I have just decided to stop investing in private retirement scheme (PRS) not too long ago and I 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 …
I am considering to use Simpan SSPN Prime to keep part of my emergency fund. The question is whether the withdrawal is swift to serve as emergency fund. So, I performed a withdrawal to try it out. Rationale Why do I want to use Simpan SSPN Prime when there are quite some alternatives (Versa Cash …
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 …
I have received an email from Capsphere about some updates of this peer-to-peer (P2P) lending platform. I am going to share it here. Auto Invest Capsphere is late to introduce this feature compared to the other P2P lending platforms. But late is better than never. You just have to click on the AUTO INVESTMENT on …
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 …
Recently I have received a detailed comment regarding the HouzKEY programme from a reader. I would like to highlight her experience in this Maybank HouzKEY review update 2022. To know more about HouzKEY, you can refer here. Background Alice has signed up for HouzKEY in 2020 for an apartment in Kota Kemuning. She received the …
Simpan SSPN Prime is the new name of SSPN-i . So, will there be any change to this scheme? New name same scheme Actually, there is no change to the scheme except for the name. The benefits of Simpan SSPN Prime remain the same as SSPN-i. To know the benefits of Simpan SSPN Prime, you …
