Enjoy 4.0% p.a. Net Return Rate Promotion with Versa Cash and Versa Cash-i

At Versa, we believe that everyone deserves to achieve financial wellness, and the first step to that journey is to grow your savings for emergencies and short-term goals.

With Versa Cash and Versa Cash-i, you can now enjoy higher returns without committing to restrictive lock-in periods and high fees.


Save with Versa Cash and/or Versa Cash-i to earn 4.0%* p.a. net returns today

This promotion is open to all new and existing Versa users. As long as you have funds in Versa Cash and/or Versa Cash-i, you will automatically enjoy our promotional net return rate of 4.0%* p.a.  ?

This promotion only applies to the first RM30,000 deposit while maintaining a minimum of RM1,000 in your Versa Cash and/or Versa Cash-i account.


Grow your savings with Versa Cash and Versa Cash-i today

Versa Cash and Versa Cash-i is a low-risk fund that’s better than your conventional savings account.

Frequently Asked Questions (FAQs)

Am I required to cash in RM30,000 of new funds into Versa Cash and/or Versa Cash-i to enjoy the 4.0% p.a. net return?

No, you do not need to cash in RM30,000 of new funds. As long as you maintain a balance of RM1,000 in Versa Cash and/or Versa Cash-i, you will automatically enjoy our promotional net return rate of 4.0% p.a.

Is the promotional net return rate of 4.0% p.a. before or after fees?

The promotional net return rate of 4.0% p.a. is after fees. This means that the net return rate of 4.0% p.a. has already deducted the Management fee & Trustee fee.

If my current balance in Versa Cash and Versa Cash-i respectively is over RM30,000, will I continue to earn the promotional net return rate of 4.0% p.a.?

The promotional net return rate of 4.0% p.a. only applies to the first RM30,000 balance in your Versa Cash and/or Versa Cash-i. Any subsequent balance above RM30,000 will continue to earn base net return rate*.

Example: You currently have RM32,000 in Versa Cash. Your first RM30,000 is eligible for the promotion net return rate of 4.0% p.a., while your remaining RM2,000 will continue to earn the base net return rate.

*Last updated: 3.40% p.a. as of October 2023 (Rate is indicative and subject to change from month to month)

Can I save with Versa Cash and Versa Cash-i at the same time, and earn the promotional net return rate of 4.0% p.a. for both funds respectively?

Yes, all users can save with Versa Cash and Versa Cash-i at the same time to enjoy the promotional net return rate of 4.0% p.a. on the first RM30,000 in each fund respectively. Subsequent amounts above RM30,000 will be entitled for base net return rate.

When will I receive my earnings from the campaign? 

You earn the base net return from Versa Cash/Cash-i on a daily basis, and the rebates from this campaign will be credited to your account the following month.

Example: Your rebates from promotional net return for the month of July will be credited in your Versa Cash/Versa Cash-i account in August.

How risky is Versa Cash and Versa Cash-i?

Versa Cash and Versa Cash-i are very low-risk. The underlying fund in Versa Cash is the Enhanced Deposit Fund which invests in money market instruments and fixed deposits.

Meanwhile, the underlying fund for Versa Cash-i is a low-risk Islamic money money fund called Affin Hwang Aiiman Enhanced i-Profit Fund, which invests in short‐term sukuk, short‐term Islamic money market instruments and/or Islamic deposits.

What happens if the base net return rate for the month is higher than the 4.0% p.a. promotion?

The base net returns rate fluctuates based on changes in the interest rate environment and the performance of fund managers. If the base net return rate is higher than the promotion rate of 4.0% p.a. net returns, your balance in Versa Cash and/or Versa Cash-i will enjoy the higher rate when you maintain a minimum of RM1,000. If the base net return rate drops below 4.0% p.a., you earn the promotion rate of 4.0% p.a. net returns for the duration of the promotion. 

*Terms & Conditions apply. Read the full Terms & Conditions here