4.8Do money right.
The right start to growing your wealth today!
Manage your wealth all in one app, simple and easy to use
Beat the market with global fund managers
Maximise gains with lower fees
Discover which portfolio fits you!
Versa Cash
Easy savings plan earning you 2.5% pa. , no lock-ins
Versa Invest
Active investment funds catered to all
Versa safeguards your financial security
- Regulated by the Securities Commission (SC) Malaysia
- State of the art digital security; Two-factor authentication (2FA) and data encryption
- Your money is held by an independent registered trustee; separated from Versa’s own funds
“Our partnership with Versa will provide a solution for investors to diversify their investments and maximise the potential of their cash reserves in their portfolio”
Dato’ Teng Chee Wai
Managing Director, Affin Hwang Asset Management
RM 82bil
Total Assets Under Administration
197,068
Total Clients and counting
183
Awards Since 2001
As Featured On
Easy and convenient to use.
Information is displayed clearly and easy to understand. It’s nice to see the money deposited steadily growing over time.
August 7, 2021 by Ridzuan M.
The app is user friendly.
…and information clearly illustrated or shown. Good tips and information for reading and easy to understand.
July 20, 2021 by Raymond Y.
Good cash management platform.
I’m able invest in money market funds easily. If you want to withdraw your money, the process is very fast. Tq versa
July 20, 2021 by Naga M.
Good alternative than banks!
Been deposited some money inside, and it does grow day by day, and available for withdrawal anytime. Recommend for whose has temporarily idle cash, as interest is compounded daily, definitely a good alternative platform than bank saving acc…
February 24, 2021 by JL Yee
Great introduction to easy investment
Been using it for a while instead of using fixed deposits. Great to use so far with easy to understand navigation and flexi returns. Looking forward for more features to come.
February 25, 2021 by Vicky C.
Best way to earn daily interest so far!
Easy way to earn decent interest with no lock in like FD. Definitely a very good alternative to have.
February 22, 2021 by Guantat
Featured Articles
Where Does Your Money Go When You Save with Versa?
You started saving with Versa. But where does your money and how do you earn your returns? “I like the security of Fixed Deposits (FD), but hate the lock-in. What if I spot a great deal or have an emergency?” “I don’t have the time and don’t know how to plan my FD placements.” “I’ll […]
Here’s What No One Tells You About Money Market Funds
Money Market Funds (MMFs) are a reliable financial option for managing money, though typical Malaysian investors are not aware of these funds, and therefore prefer to keep their cash reserves in savings accounts and fixed deposits. Why are those products considered more important than money market funds? Simply put, banks really want to put your […]
How to Claim Your Versa Promo Rewards
Got a promo code for Versa but unsure how you can use it to get your rewards 🤑? We got you! Scroll down or click the links below to go to a specific section to find out more 👇 New Users, Get Your RM20 Sign Up Reward for Versa Cash! 💰📲 4 easy steps to […]
How Versa Invest Grows Your Wealth
Your financial goals are necessary to build a better future for you. Yet, saving is not enough and growing wealth is more complicated than ever. Considering our busy lifestyle, having to pay the bills and finding the right investments – it can be a headache! On the other hand, one investment isn’t enough. You need […]
What Can We Do During a Recession?
Recession sounds like a big word and it is. But what exactly is it? For many millennials and Gen Z who did not live through a recession, it may be difficult for us to fully understand the extent of it. What is Recession? First off, you need to know what inflation is. Imagine inflation as […]
Frequently Asked Questions
Who can open an account with Versa?
Only Malaysian citizens who are 18 years old and above and have an NRIC/MyKad can open a Versa account.
*MY Permanent residents are not eligible for a Versa account.
What are the fees and charges?
The Versa platform does not charge any fees to their user. However, there are management fees, trustee fees and fund-level fees paid to the fund managers, which differs based on the portfolios.
For Versa Cash, there are 0.30% per annum management fees and 0.05% per annum trustee fee.
For Versa Invest, the fees are shown as below:
- Annual Management fee: 1% per annum
- Sales Charge: 0%
- Redemption Fee: 0%
- Trustee fee: 0.04% per annum
Is Versa PIDM Protected?
Money market funds are not protected by PIDM. However, the Versa Fund places / diversifies our customer’s funds in multiple short term deposits of multiple Malaysian banks. In an unlikely case that one bank were to go under, it would only slightly affect the return of the fund.
Are Versa's portfolios Shariah Compliant?
Currently, Versa’s portfolios are not shariah compliant.
What makes Versa one of the best Digital Cash Management Solution providers in Malaysia?
Investing with Versa means choosing lower risks with potentially higher returns. Versa invests in a specific Money Market Fund called the Affin Hwang’s Enhanced Deposit Fund which only invests in low-risk assets – short term deposits in multiple Malaysian banks. Next, Versa lets you make the most out of your money. Unlike Fixed Deposits which only offers basic interest, Versa offers interest that is compounded monthly. Finally, you can make on the spot decisions with Versa. With Versa, you can withdraw anytime with all the interest earned and expect your money to be in your bank account within the next day* – with no penalties!
*Learn more about deposit & withdrawals here.