Welcome to the Fresh Funds Quest — where your new cash ins can earn you a +2% p.a nett booster!
Here’s the deal: You’ll get this awesome booster on any new money you cash into Versa between 1st May to 30th June 2025. But here’s the catch — not every cash in will qualify. To get the booster, your cash in needs to be Fresh Funds.
🔄 So, What Are Fresh Funds?
Great question!
Fresh Funds are simply the new cash-ins you make on top of your cumulative nett cash-in as of 30 April 2025 (that’s your baseline). If your cash-ins pushes your cumulative nett cash-ins above that amount, it counts as Fresh Funds.
Pro Tip: You’ll need an initial cash-in of RM1,000 or more to activate the Fresh Funds Quest!
Let’s Break It Down
Step 1: How Fresh Funds Are Calculated
Let’s say you start with RM5,000 in your Versa account on 1st May 2025. That’s your baseline.
Example: On 3rd May, you cash in RM2,000. Your new balance becomes RM7,000.
The RM2,000 are considered Fresh Funds, and you’ll get the 2% p.a nett booster on the Fresh Funds! 🎉
Step 2: What Happens If You Cash Out Money?
If you take out money, don’t worry! You can still qualify — but you’ll need to cash in more to get your cumulative nett cash-in above your baseline.
Example:
Ali starts with RM5,000 as the “baseline” as of 30 April 2025..
On 10th May, Ali cashed out RM3,000 → “cumulative nett cash-in became RM2,000.
On 15th May, he cashed in RM2,000 → “cumulative nett cash-in” is RM4,000.
Since RM4,000 is still below his baseline, hence the RM2,000 cash-in on 15th May isn’t Fresh Funds yet.✅ But don’t panic! Ali just needs to cash in enough to bring his “cumulative nett cash-in” above RM5,000 to bring it back to his baseline.
Step 3: Real-Life Examples
Example 1: Simple Cash-In Above Baseline
- Baseline (as of 30 April): RM5,000
- Cash-in on 3 May: RM2,000
- New “cumulative nett cash-in”: RM7,000
✅ Fresh Funds: RM2,000 (eligible for the 2% p.a nett booster! 🎉)
Example 2: Cash-In Before the Campaign
- Cash-in on 29 April: RM2,000
- “Baseline recorded on 30 April”: RM5,000
- No further cash-ins during campaign
❌ Fresh Funds: RM0 (not eligible — it’s before the campaign started!)
Example 3: Withdrawal and Re-Deposit
- Baseline (30 April): RM6,000
- Cash Out on 10 May: RM4,000 (“cumulative nett cash-in” is now RM2,000)
- Cash-in on 12 May: RM2,000 (new “cumulative nett cash-in” is RM4,000)
❌ Fresh Funds: RM0 (not eligible — “cumulative nett cash-in” is still below baseline)
Example 4: Recover and Qualify
- Baseline (30 April): RM6,000
- Cash Out on 10 May: RM4,000
- Cash-in on 12 May: RM2,000
- Cash-in on 20 May: RM3,000 → new “cumulative nett cash-in” is RM7,000
✅ Fresh Funds: RM1,000 (eligible for the 2% p.a nett booster! 🎉)
Example 5: Below Minimum Cash-In
- Baseline (30 April): RM4,000
- Cash-in on 3 May: RM800
❌ Fresh Funds: RM800 (not eligible — must be at least RM1,000!)
✨ Example 6: Auto Debit Transactions (ADT)
Let’s say you’ve set up Auto Debit Transactions (ADT) for regular monthly cash-ins:
- Baseline (30 April): RM5,000
- ADT on 5 May: RM600
❌ Fresh Funds: Since RM600 is below the RM1,000 minimum, it’s not eligible on its own.
But here’s where it gets interesting:
- If you top up RM400 manually before or on the same day (bringing the total to RM1,000),
✅ Then your ADT of RM600 also qualifies because together they count as Fresh Funds above RM1,000!
Even better…
- If you manually cash in RM1,000 on 3 May (pushing your balance to RM6,000)
- Then your ADT of RM600 on 5 May pushes the balance to RM6,600,
✅ The entire RM600 from ADT is also eligible because your baseline was already exceeded!
So whether you’re topping up or letting ADT do the work — just make sure your total cash-ins cross the RM1,000 threshold above your baseline!
How to Stay Eligible (It’s Easy, We Promise!)
- ✅ Only cash-ins made between 1st May and 30th June 2025 count as Fresh Funds.
- 🏁 Your baseline or cumulative nett cash-in is taken as of 30th April 2025 — think of it like your starting line in a race.
- 💸 If you cashed out money, just cash in more to get back above your baseline.
- 🎟️ To qualify, you need to cash in RM1,000 or more in Fresh Funds.
- ⏰ The earlier you deposit, the longer you’ll enjoy the booster — so don’t wait!
- 💰 Booster applies to Fresh Funds up to RM300,000 — go big if you want to maximize your reward.
🚀 Bonus: Cash-ins to any fund in Versa also count as Fresh Funds — so save or invest your way to bigger rewards!
Here’s a quick video to help you understand Fresh Funds better.
Find out more about our May – June 2025 Fresh Funds Quest here!