Versa Lets You Earn Daily Returns And For Limited Time, Rewards Up To RM88,888
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Saving money is generally a good habit to instil for people of all ages from all walks of life. Especially for those with long-term financial goals in plan, growing the money with accrued interest is one of the best ways to put the money to work. And this can be achieved in several ways with one being low-risk savings such as your regular savings account, high-interest savings account, and Fixed Deposit (FD), while another way is by investing in funds, stocks, and many more which promise higher returns but with varying risk levels.

For those with a low-risk appetite, a regular savings account – not including high-yield savings account that demands higher requirements – does offer interest returns, although at generally low rates at 0.05% – 0.25% p.a., which may vary according to banks. Besides that, a popular option to grow money among Malaysians is the FD account which could yield up to 1.85% p.a. for a 12-month tenure period.

Having said that, while FD offers higher interest rates than a regular savings account, you will be required to leave your money untouched in your account, typically for 3 months to 5 years depending on the bank for you to enjoy the accrued interest. A regular savings account may offer you lower interest rate returns, but it is liquid – which means you can easily and conveniently withdraw your savings at any time.

Having to choose between enjoying higher interest rates out of your savings versus the flexibility to withdraw your savings in case of emergency can be dividing, as we cannot predict when the money is needed.

What if you can now enjoy the benefits of both, with just a single mobile app?

Save & Grow Your Money Up To 2.4%* With No “Lock-Down”

Introducing Versa, a recently launched brand-new cash management platform that offers Malaysians a new savvy way to save and enjoy interest returns up to 2.4%*, comparable to that of FD completely through the convenience of a mobile app.

*As of 31 December 2020

And the best part? Versa lets you save and grow your money, but without tenure. This means that besides offering high-interest returns, Versa also offers you the flexibility to withdraw your savings in only one day, without having to forfeit your potential accrued interest returns.

This is possible as Versa’s interest returns are calculated daily with pay-out every 2 weeks, instead of monthly or yearly which allows you to withdraw your savings, plus its accrued daily interest. To start saving with Versa, you only need a minimum deposit of RM1 and are a Malaysian of at least 18 years old.

So, How Does Versa Work?

When you save with Versa, your money will be placed in the money market funds that are generally low risk, managed by a trusted and award-winning asset management company – Affin Hwang Asset Management. Besides lower risk, market funds are also highly liquid, which explains why Versa’s users can enjoy fast withdrawals of their savings together with its returns.

Furthermore, Versa is also licensed by the Securities Commission (SC) Malaysia so you can save and grow your money at ease. However, do keep in mind that while market funds are lower in risk, there is still a risk but otherwise, are considered as a safer option just like FD.

Never Have To Miss On A Really Great Deal With Versa!

Growing your savings doesn’t mean you have to miss out on a really good deal you have been waiting for anymore. As there is no tenure period with Versa, you will not be penalised for early withdrawal. This means that you can withdraw your savings with Versa – when an emergency requires the money or even when your dream home goes on sale – and still get to keep the interest without any penalty fees.

Besides that, Versa is a mobile app-based money management platform – which means that you can sign up, save, track, and withdraw your money 100% online with just your smartphone! Moreover, Versa is also supported with FPX service, allowing you to conveniently transfer your money from any bank in Malaysia into Versa, anytime and anywhere.

In summary, here are all the benefits that you can enjoy if you choose to save and grow your money with Versa.

Features Benefits 
Low upfront deposit Start saving with as low as RM1
High-interest returns Up to 2.4*%

*as of 31 December 2020

No withdrawal penalty No “lock-down” period to grow your money
Flexible withdrawal inclusive of your accrued interest Versa’s interest returns are calculated daily with pay-out every 2 weeks
Mobile app-based, supported by FPX Conveniently save & grow your money with your smartphone with no charges apply

To sign up and start saving with Versa, you can simply download the app via the App Store or Google Play and follow these easy instructions to get started.

Stand To Win Rewards Up To RM88,888 And More When You Save With Versa Today!

But hang on before you head on to your Google Play Store or App Store – to celebrate its official launch, Versa is excited to collaborate with RinggitPlus to reward readers with credit worth up to RM88,888 with its Save, Earn & Win campaign! But that’s not all, as RinggitPlus will also be rewarding savers with prizes worth over RM300,000! 

Happening from today until 28 April 2021, participants who successfully signed up for a Versa account through RinggitPlus and deposited a certain amount of savings into their account will be in the running to receive some of the rewards offered, with terms and conditions apply.

Here’s what you can stand to win with VersaxRinggitPlus Save, Earn & Win:

  • 9x Grand Prizes
    Up to RM88,888 to be deposited into 9x verified Versa accounts, with the breakdown as below:
    1st Prize for highest depositor – RM8,888
    2nd Prize for 2nd highest depositor – RM3,888
    3rd Prize for 3rd highest depositor – RM1,888
    4th-9th Prize for respective 4th-9th highest depositors – RM888/each
  • 10x RinggitPlus Financial Planner Financial Planning Service
    Digital one-on-one financial planning service, worth RM600/pax with a minimum deposit of RM2,000
  • 1000x RinggitPlus Academy Financial Masterclass
    Online masterclass for financial management, worth RM300/pax with a minimum deposit of only RM1
  • 25x Apple Airpods
    Worth RM699/each, with a minimum deposit of RM1,500
  • 25x Samsung Galaxy Bud+
    Worth RM599/each, with a minimum deposit of RM1,000
How To Participate?

Simply click on this link here to visit the VersaxRinggitPlus page to sign up via RinggitPlus. You will be directed to download the Versa mobile app, and once you’ve successfully verified your Versa account – you only need to start saving with Versa to be in the run to win exciting rewards! The terms and conditions are also available for further reading on the page for those who are interested to participate.


Versa believes that Malaysians should have the opportunity to save and grow their savings, while still being in control of their money. If you would like to know more about Versa, you can visit their website here.

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1 year ago

Where is the contest Terms & Condition pls

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