4.8Save
Higher returns, without restrictive lock-ins
Boost your savings with Versa!
Why Save with Versa?
Start with just RM10
Earn FD-like returns on your savings
Withdraw anytime with no penalties.
100% online, secure and low-risk.
Grow your savings with AHAM Capital's Money Market Funds.
Download today to unlock the potential of your cash
Low & Fair Fees Always
SALES FEE
RM0.00
WITHDRAWAL FEE
RM0.00
Looking to invest for your future?
Our Investment Funds are perfect for you
Select from 4 Unique Portfolios
Exclusive access to funds managed by best-in class fund managers
Start investing from as low as RM100.
Simple yet smart investing
Reduced risks, maximised rewards
No sales fees and withdrawal fees
Frequently Asked Questions
What makes Versa one of the best Digital Cash Management Solution providers in Malaysia?
Investing with Versa means choosing lower risks with potentially higher returns. Versa invests in a specific Money Market Fund called the Affin Hwang’s Enhanced Deposit Fund which only invests in low-risk assets – short term deposits in multiple Malaysian banks. Next, Versa lets you make the most out of your money. Unlike Fixed Deposits which only offers basic interest, Versa offers interest that is compounded daily. Finally, you can make on the spot decisions with Versa. With Versa, you can withdraw anytime with all the interest earned and expect your money to be in your bank account within the next day* – with no penalties!
*Learn more about deposit & withdrawals here.
Is Versa's Digital Cash Management Shariah Compliant?
Versa’s fund is not shariah compliant. Currently, Versa only allows investments into one money market fund, Affin Hwang Enhanced Deposit Fund.
Is Versa Cash PIDM Protected?
Money market funds are not protected by PIDM. However, the Versa Fund places / diversifies our customer’s funds in multiple short term deposits of multiple Malaysian banks. In an unlikely case that one bank were to go under, it would only slightly affect the return of the fund.
Why shouldn't I cash in directly to AHAM's money market funds (EDF) on my own?
With Versa, our onboarding process is super convenient, hassle-free, and paperless.
Your account can be opened via your mobile within 5 minutes. Versa also allows you to start cash in with a low entry fee of only RM 10 (As of March 2023), whereas the minimum amount for directly investing is RM 10,000.
It is also very convenient to perform subsequent cash ins via the app. The Versa dashboard also provides you with an interactive view of your portfolio’s performance.
What is the base net returns?
The base net returns for December 2022 is 3.45% p.a. (After fees).
The Versa team may improve the cash product depending on the interest rate environment and fund managers’ performances.
Featured Articles
Get to know Versa Cash-i, our new Shariah-compliant Islamic money market fund
You might be saving for your financial goals right now. Where do you keep your savings? Under a mattress? In a savings account with 0.2% p.a. interest? Or all locked up in Fixed Deposits? If you’re looking for a Shariah-compliant option that allows you to Cash Out anytime and gives you Fixed Deposit-like returns, then […]
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, high minimum balance requirements, and high fees. Save with […]
Invest in premium real estate across Asia Pacific with RM100 through Versa REITs
It’s been a rough year for investors worldwide and it’s highly likely that this will not change for the coming years. With global stock markets taking a hit and rising inflation, investors look for assets that can provide a safe harbour for their investment portfolio. One of the assets that fulfil this requirement are REITs […]
What sets Versa Gold apart from conventional gold investments?
When we talk about gold investment, it conjures images of grandma’s gold necklaces hidden in her drawer or gold bars in a businessman’s vault at home. But did you know that there’s more to it? Today, trade tensions, wars and concerns about the economic and political outlook have encouraged investors to reexamine gold as a […]
What Can We Do During a Recession?
Recession sounds like a big word and it is. But what exactly is it? For many millennials and Gen Z who did not live through a recession, it may be difficult for us to fully understand the extent of it. What is Recession? First off, you need to know what inflation is. Simply put, inflation […]
Where Does Your Money Go When You Save with Versa Cash?
You started saving with Versa Cash. But where does your money and how do you earn your returns? “I like the security of Fixed Deposits (FD), but hate the lock-in. What if I spot a great deal or have an emergency?” “I don’t have the time and don’t know how to plan my FD placements.” […]
Here’s What No One Tells You About Money Market Funds
Money Market Funds (MMFs) are a reliable financial option for managing money, though typical Malaysian investors are not aware of these funds, and therefore prefer to keep their cash reserves in savings accounts and fixed deposits. Why are those products considered more important than money market funds? Simply put, banks really want to put your […]
How Versa Invest Grows Your Wealth
Your financial goals are necessary to build a better future for you. Yet, saving is not enough and growing wealth is more complicated than ever. Considering our busy lifestyle, having to pay the bills and finding the right investments – it can be a headache! On the other hand, one investment isn’t enough. You need […]
Versa Cash-i
What is Versa Cash-i? Versa Cash-i is a Shariah-Compliant low-risk cash management fund, which invests in Affin Hwang Aiiman Enhanced i-Profit Fund. The fund is an Islamic money market fund managed by AHAM Capital (formerly known as Affin Hwang Asset Management) and invests in multiple short-term Islamic Fixed Deposits. You earn when the unit price […]
Share the Joy of Saving and Investing with a Friend
Starting your financial journey is not easy. That’s why we’re here to help you save, invest, and grow 🌱 Now you can share it with others and be rewarded RM10! 🤑 How to refer your friends to Versa: Log in to your Versa account. Click on “Rewards” in the navigation bar at the bottom of […]