4.8Campaign Period: 9 November 2022 to 28 January 2023
Year end sale season and festive holidays are coming, while we’re all still coping with inflation, the weakening ringgit and a possible recession next year 😨💸
So, we’d like to encourage you to save with Versa Cash. You’ll stand a chance to double* your savings while enjoying the 4.0%* p.a. net returns promotion 🤩
Versa Cash is a low-risk fund that gives you higher returns without committing to restrictive lock-in periods, high minimum balance requirements, and high fees.
Boost your savings with Versa Cash’s 4.0%* p.a. net returns promotion today.
Save and stand a chance to double* your savings
Grand Prize
Double* your savings up to RM30,000 X 1 winner
Highest Depositor
RM888 X 1 winner
Bi-weekly Consolation Prizes
[Consolation Prize 1]: RM50 X 3 winners
[Consolation Prize 2]: RM100 X 3 winners
[Consolation Prize 3]: RM150 X 3 winners
[Consolation Prize 4]: RM288 X 3 winners
[Consolation Prize 5]: RM388 X 3 winners
How to Participate
Collect entries when you save with Versa Cash from 9 November 2022 to 28 January 2023. The more entries you collect, the higher your chances of winning!
- Get 1x entry for every RM100 deposit of fresh funds in Versa Cash. This means, if you deposit RM1000 in a single transaction, you’re eligible for 10 entries!
- New to Versa? Get 100x entries when you make your first deposit (min. RM100) in Versa Cash
- One-off bonus of 1000x entries when you’ve deposited RM10,000 of fresh funds cumulative in Versa Cash, throughout the campaign period.
Watch out for the winner announcements on our Social Media channels! The winners will be announced on the following dates below 👇
Consolation Prize 1 – 24 November 2022
Consolation Prize 2 – 8 December 2022
Consolation Prize 3 – 22 December 2022
Consolation Prize 4 – 5 January 2023
Consolation Prize 5 – 19 January 2023
Grand Prize and Highest Depositor Prize – 2 February 2023
New to Versa? Save with Versa Cash today!
Frequently Asked Questions
How do I participate in this campaign?
This campaign is open to all new and existing Versa users. To participate, you are required to collect entries to stand a chance to win the campaign prizes. Here are 3 ways to earn entries:
1x entry for every RM100 of fresh funds deposited into Versa Cash
100x entry for new user’s first deposit (min RM100) into Versa Cash.
One-off bonus of 1000x entries if you’ve deposited RM10,000 of fresh funds cumulatively into Versa Cash during the Campaign Period.
All winners will be selected using a randomised system, except for the Highest Depositor prize. The more entries you collect, the higher your chances of winning.
How much is the Grand Prize?
The Grand Prize amount will follow the balance in the winner’s Versa Cash account on the day that he/she is notified. The Grand Prize amount will be capped at a maximum of RM30,000.
Example 1: User A has a balance of RM15,000 in his/her Versa Cash account on 1 Feb 2023 and was notified that he/she is the Grand Prize winner on the same day. User A will receive the Campaign Prize of RM15,000 from Versa, which follows the balance in the User’s Versa Cash account on the day of notification.
Example 2: User B has a balance of RM40,000 in his/her Versa Cash account on 1 Feb 2023 and was notified that he/she is the Grand Prize winner on the same day. User B will receive the Campaign Prize of RM30,000 from Versa, which is the maximum prize amount as stated in the terms & condition.
Will my current deposit in Versa Cash before the campaign period be counted as entries?
Only fresh funds that are deposited into Versa Cash during the campaign period will be counted as entries for this campaign.
Example: User A has RM10,000 in Versa Cash prior to the campaign. Their deposit is not be counted as entries.
During the campaign period, if User A deposits RM1,000 into Versa Cash it will count as 10 entries.
How would I know if I’ve been shortlisted as one of the potential winners?
As a potential winner, you will receive a push notification and phone call from us. You will be required to answer a list of questions for verification purposes.
Once verified, you will be notified that you are the winner of the campaign prize.
We will make a maximum of 3 attempts to contact you for verification. If we fail to contact you after 3 attempts, we reserve the right to select the next potential winner.
Please note that you can only win one (1) prize throughout the campaign period, unless you are eligible for the Highest Depositor prize.
How risky is Versa Cash?
Versa Cash is very low-risk. The underlying fund in Versa Cash is the Enhanced Deposit Fund (EDF) which invests in low-risk assets – short term fixed deposits in multiple Malaysian Banks.
What is the difference between Versa Cash and a fixed deposit account or savings account?
Versa Cash does not require any minimum lock-in periods, unlike a fixed deposit account. Moreover, Versa Cash does not have any requirements for you to earn our full projected return rate.
*Terms & Conditions apply.