Get a head start in your PRS contribution and get rewarded!
Every year, many Malaysians rush to contribute to PRS at the last minute for tax relief.
But waiting doesn’t give you any advantage.
By contributing earlier, you:
- Lock in your tax planning early
- Avoid year-end stress
- Start growing your retirement savings sooner
And now you’ll get RM50 for doing it ahead of time.
With Versa’s PRS Head Start Quest, you’ll get rewarded when you cash in at least RM3,000 in a single transaction into any Versa Retirement products during the campaign period.
What is Private Retirement Scheme (PRS)?
The Private Retirement Scheme (PRS) is a voluntary long-term savings and investment scheme designed to help you grow your retirement fund.
The best part? You can enjoy up to RM3,000 tax relief every year (until 2030) when you contribute.
This year, we’re making it even better with extra rewards from Versa on top of your tax savings.
Campaign Period
1 April 2026 – 15 May 2026
*The final date for cash-in is 12 May 2026.
Who’s eligible to join?
All Versa users aged 50 and below who do not currently have auto-debit set up for Versa PRS.
Ready to join the PRS Head Start Quest?
Firstly, make sure you have the Versa app downloaded!
Step 1: Go to the “Quest” page, click “PRS Head Start Quest”, and tap “Join Now”.
Step 2: Manually cash in a minimum of RM3,000 in a single transaction to any PRS product in Versa Retirement during Campaign Period.
Note: If you do not have an existing PRS account with Versa, it may take 3 – 5 working days to successfully set up your plan.
Rewarding Period and Fund:
First 10,000 users who successfully satisfy the campaign mechanics will be eligible for RM50 reward (capped at RM50 per user). The campaign reward will be credited within 30 working days after the end of the campaign into Versa Retirement product, whichever with the highest available balance at the end of the Campaign Period.
Please note that if the user has closed their PRS account at the time of reward crediting, campaign rewards will be credited to their Versa Save product (Versa Save Shariah Compliant as default), whichever with the highest available balance.
Exclusion:
- Cash-ins into Versa Retirement products made between 1 January and 31 March 2026 are not eligible for participation in this Quest. To join the campaign, users need to cash-in a minimum of RM3,000 in a single transaction in any Versa Retirement Product within the campaign period.
- If users contribute via monthly auto-debit in their Versa Retirement Fund, those contributions won’t count towards this campaign. Existing users with PRS auto-debit plans will not be eligible for this campaign and are instead already enjoying our 2% cashback reward for monthly contributions of RM250 and above.
Eligible Versa Products*
Below are the only eligible Versa Retirement products you can cash in to earn your RM50 PRS Bonus:
✅ PRS Conservative
✅ PRS Conservative-i
✅ PRS Moderate
✅ PRS Moderate-i
✅ PRS Growth
✅ PRS Growth-i
Click here to view the scenario-based examples for this Campaign.
*All campaigns are subject to Versa’s Platform Terms and Conditions.
Frequently Asked Questions
1. Do I need to click “Join Now” to participate?
Yes. You must click Join Now in the Quest page to be eligible for the reward.
2. I already cashed in RM3,000 into PRS earlier this year (2026). Am I still eligible to participate in the campaign?
Yes, you may still join the campaign if you are 50 years old and below without an auto-debit plan to Versa PRS. Just click ‘Join Now’ in the quest page and manually cash in a minimum of RM3,000 in a single transaction within the campaign period into any Versa Retirement product to be eligible for the reward.
3. I already cashed in RM2,000 into PRS earlier this year (2026). Can I top up that amount to hit RM3,000?
The amount cashed in prior to the campaign period will not be included. To be eligible for the reward, tap “Join Now” on the Quest page and manually cash in a minimum of RM3,000 in a single transaction within the campaign period into any Versa Retirement product to join this Quest.
4. I’m on the PRS Auto Debit Plan but haven’t reached RM3,000 in my Versa Retirement product yet. What should I do?
You’re already building a great habit with your Auto Debit plan — keep it going! Users who have currently set up an auto-debit of RM250 and above, are enjoying 2% cashback via Versa’s Retirement Booster Quest, which amounts to RM60 after 12 months. However, you will not be eligible for this campaign.
5. When will I receive my RM50 reward?
Your RM50 reward will be credited within 30 working days after campaign end date to whichever Versa Retirement product with the highest balance. If the user has closed their PRS account at the time of reward crediting, campaign rewards will be credited to their Versa Save product (Versa Save Shariah Compliant being the default), whichever with the highest available balance.
6. When is the last day to join the campaign?
The last day to cash in to your Versa Retirement product is 12 May 2026.
Please note that if you don’t already have a PRS account with Versa, it may take 3 – 5 working days to successfully set up your plan.
Join the PRS Head Start Quest today!
Should you have any questions, please do not hesitate to reach out to us here. 💬