As the second half of the year is approaching, it’s the perfect time to refresh your financial mindset with our biggest Quest yet! Enjoy a +2%* p.a. nett booster and supercharge your savings through the Fresh Funds Quest.
Simply cash in a minimum of RM1,000 fresh funds into any fund in Versa and earn +2%* p.a. nett booster on up to RM300,000 accumulated fresh funds cash-ins!
Before That, Some New Terms & Definitions:
- Fresh Funds: New cash-ins you make on top of your baseline. If your new cash-in pushes your balance above that amount, it counts as Fresh Funds.
- Cumulative nett cash-in: Refers to your historical net cash flow across all funds in Versa, calculated as total cash-ins minus total cash-outs from the day you were verified on Versa.
- Baseline: Your cumulative nett cash-in across all funds in Versa as of 30 April 2025, right before the Fresh Funds Quest begins.
Quest Period:
1 May 2025 – 30 June 2025
How to earn +2%* p.a. nett booster with the Fresh Funds Quest:
- Step 1: From the homepage, click on “Quests”.
- Step 2: Open the “Fresh Funds Quest”.
- Step 3: Tap “Join Now”.
- Step 4: Cash in a minimum of RM1,000 fresh funds into any fund in Versa on top of your cumulative nett cash-in as of 30 April 2025 (your baseline).
- Step 5: Maintain a minimum of RM1,000 fresh funds on top of your baseline at the end of the Quest Period.
- Step 6: Having completed all the above steps, Users will be eligible to earn 2%* nett booster on up to RM300,000 of the accumulated fresh fund cash-ins.
Note: The Campaign Reward will be assessed against the eligible fresh funds (RM1,000 and above), on daily pro-rated basis.
Rewarding Period and Fund
Campaign Rewards will be credited by the end of July 2025 to Versa Cash or Versa Cash-i (Versa Cash-i as the default fund), whichever with the highest available balance at the end of the Quest Period.
Eligible Versa Funds
Below are the eligible funds you can cash into to earn +2%* p.a. nett booster via our Fresh Funds Quest:
Versa Save funds
✅ Versa Cash
✅ Versa Cash-i
Versa Invest funds
✅ Versa Global-i
✅ Versa SGD
✅ Versa Growth
✅ Versa Growth-i
✅ Versa Moderate
✅ Versa Moderate-i
✅ Versa REITs
✅ Versa Gold
✅ Versa Japan
✅ Versa Dividend+
✅ Versa US-Tech
✅ Versa India Equity
✅ Versa China Equity Tracker
Versa Retirement funds
✅ PRS Growth
✅ PRS Growth-i
✅ PRS Moderate
✅ PRS Moderate-i
✅ PRS Conservative
✅ PRS Conservative-i
Here’s a quick video to help you understand Fresh Funds better.
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 (General)
1. Where can I find the Fresh Funds Quest in the app?
You can find the quest through two (2) ways:
1. On the homepage of Versa app, you can click the app banner slider below.
2. On the Versa app, go to the “Quests” page and find the “Fresh Funds Quest” card under Limited-Time Quests.
2. What is cumulative nett cash-in?
Cumulative nett cash-in refers to your historical nett cash flow across all funds in Versa, calculated as total cash-ins minus total cash-outs from the day you were verified on Versa.
3. What is my baseline and how does it affect the reward?
Your baseline is your cumulative nett cash-in (total cash-ins – total cash-outs) across all funds in Versa as of 30 April 2025, right before the Fresh Funds Quest begins.
To be eligible for the +2%* p.a. booster, you need to cash in a minimum of RM1,000 fresh funds to increase your total balance above your baseline amount.
If you cash out and your cumulative nett cash-in drops below your baseline, any future cash-ins will only count as fresh funds after your cumulative nett cash-in goes above the original baseline again.
4. Do my auto-debit transactions into any Versa fund during the Quest Period make me eligible for the +2%* p.a. nett booster reward?
Yes, your auto-debit transactions are counted as fresh funds, if there is no other cash-out where your balance drops below your baseline. Kindly ensure to maintain a minimum of RM1,000 fresh funds on top of your baseline across all funds during the Quest Period to be eligible for the reward.
5. Can my second and subsequent cash-ins be below RM1,000?
Yes, you can. Kindly ensure to maintain a minimum of RM1,000 fresh funds on top of your baseline across any fund during the Quest Period to be eligible for the reward.
6. Will the +2%* p.a. nett booster reward be applicable to my entire Versa balance?
No, the booster reward applies only to your fresh funds cash-ins, up to RM300,000 during the Quest Period. Your existing balance prior to 1 May 2025 will continue to earn the regular returns of the respective funds.
7. What happens if I cash out my Fresh Funds during the Quest Period?
To be eligible for the reward, you need to maintain your total account balance (your cumulative nett cash-in as of 30 April 2025 plus your new cash-ins from 1 May 2025) throughout the Quest Period. Cash-outs that bring your cumulative nett cash-in below your baseline will make you ineligible.
8. Will the +2%* p.a. nett booster reward for the eligible fresh funds be rewarded in my Versa Cash or Versa Cash-i account?
Your rewards will be credited into the fund in Versa Save (Versa Cash/-i) with the higher available balance on the last day of the eligible month during the Quest Period. For example, if you have a higher balance in Versa Cash than Versa Cash-i, then you will receive your reward in Versa Cash.
If both your Versa Cash and Versa Cash-i have the same available balance or if you do not have an account for either Versa Cash or Versa Cash-i, Versa Cash-i will be the default rewarded fund.
9. When will my +2%* p.a. nett booster reward for the eligible fresh funds be credited to my Versa Cash/-i account?
Your reward will be credited to your Versa Cash/-i account by the end of July 2025.
10. How do I find out if I’m eligible for the +2%* p.a. nett booster reward?
On the Versa app, go to the Quest page. Under “Your Eligible Rewards,” you can check if you qualify for the Fresh Funds Quest rewards.
11. Is the Fresh Funds Quest stackable with other existing Quests?
Yes, the Welcome Quest can be stacked with other available Quests! Explore other Quests here: https://versa.com.my/stack-and-earn-more-more-than-9-pa-nett-returns-with-versa-quests/
Frequently Asked Questions (Technical)
1. How can I know my baseline?
Under “Transactions” page, you can calculate your baseline through the sum of all your completed “Cash In” + “Switch In” + “Auto Debit” – “Cash Out” – “Switch Out”, as of 30 April 2025, which does not include “Reinvestment” and “Bonus”.
2. Why is my TOTAL ASSETS amount at the homepage different from the baseline I have calculated?
Your TOTAL ASSETS amount further includes “Fund Returns” (the gain or loss of each fund), “Bonus” (your Quest rewards), and “Reinvestment” (only applicable to funds that have income distributions), which is not applicable to the cumulative nett cash-in calculation.
3. I decided to cash out my “Fund Returns” during the Quest period, will this transaction be counted towards the Fresh Funds calculation?
Yes, the cash out amount will deduct your eligible Fresh Funds, remember to maintain your Fresh Funds to be at least RM1,000 throughout the Quest period!
4. During the Quest period, do switches count as part of Fresh Funds?
No, switches involve moving existing funds within Versa, so it’s not considered as Fresh Funds for the Quest.
5. I just completed my cash-in but why is the task not completed yet?
We update your task progress after the purchase of your units are confirmed, which usually takes around 30 minutes after you have completed your FPX transaction.
6. I did not see and tap the “CASH IN NOW” button in the Fresh Funds Quest page. Instead, I went to the fund page and cash-in directly. Am I still eligible for the Quest reward later on?
Yes, you are still eligible as long as you tap ‘Join Now’ in the Fresh Funds Quest page and cash-in the right amount to meet the reward criteria.
7. I perform a cash-in on 1 May 2025, but I only tap ‘Join Now’ to the Quest on 15 May 2025, does the transaction count as the Fresh Funds?
Yes! We still count all of your transactions between 1 May and 30 June 2025 – but ensure you tap ‘Join Now’ during the Campaign Period.
8. I cashed in RM1,000 on 1 May 2025, and on the final day of the Quest, which is 30 June 2025, I cashed out RM100 from one of the funds, am I still eligible for the reward?
No, you need to maintain a minimum of RM1,000 of Fresh Funds at the end of the Quest Period.
Join the Fresh Funds Quest and stack your returns today!
Should you have any questions, please do not hesitate to reach out to us here. 💬