Up to 5% p.a. Daily*What Is ShopeePay Money+?
ShopeePay Money+ lets you invest your ShopeePay balance in a Shariah-compliant fund (one that follows Islamic finance rules) and earn daily returns, instead of leaving the money idle in your e-wallet. The wallet limit is increasing from RM20,000 to RM30,000, allowing you to hold up to RM30,000 in your Money+ balance.
Keep in mind that Money+ is an investment product, not a bank deposit. Returns aren’t fixed or guaranteed, and you could lose some or all of your investment.
ShopeePay Money+ Invests In An Islamic Money Market Fund
ShopeePay Money+ puts your money into the Eastspring Investments Islamic E-Duit Fund, managed by Eastspring Investments Berhad. This fund invests in short-term financial instruments rather than stocks.
At least 90% of the fund’s net asset value goes into short-term Shariah-compliant deposits, Islamic money market instruments and short-term sukuk (Islamic bonds). The remaining portion may be invested in sukuk that mature within 732 days, or about two years.
Deutsche Trustees Malaysia Berhad holds the fund’s assets on behalf of investors. BIMB Securities Sdn Bhd is the fund’s Shariah adviser, overseeing its compliance with Islamic finance rules.
Any returns are reflected in your Money+ balance daily, rather than paid out separately as income.
Who Can Use ShopeePay Money+?
To use ShopeePay Money+, you must:
- Be a Malaysian citizen aged 18 or older.
- Have a fully activated ShopeePay eWallet and complete its electronic identity verification (eKYC).
You must also have no US citizenship or US tax residency, and no US birthplace, mailing address or phone number.
Start With RM10 And Withdraw Without A Lock-In
You can start ShopeePay Money+ with RM10 and hold up to RM20,000. There’s no lock-in period, and no fees for topping up or withdrawing.
Withdrawals to your ShopeePay eWallet are instant, while withdrawals to a bank account in your own name take up to one business day. Joint accounts aren’t supported, and the minimum withdrawal is RM10.
If your ShopeePay eWallet balance isn’t enough for a purchase, Money+ automatically redeems the amount needed to cover the shortfall. Your eWallet balance is used first, followed by Money+.
You can also use your Money+ balance directly for ShopeePay purchases, including DuitNow QR payments.
Earn 2% p.a. Bonus On Top Of The Fund’s Return
The ShopeePay Money+ Bonus Campaign runs from 1 September to 30 November 2026. During the campaign, eligible balances can earn an extra 2% p.a. through a Bonus Top Up, in addition to the fund’s actual return.
To qualify, you need to deposit at least RM200 into Money+. The bonus applies only to the first RM10,000. Any balance above RM10,000 earns the fund’s actual return without the bonus top-up.
Your total return depends on the fund’s actual return. For example, an actual fund return of 3% p.a. plus the 2% p.a. bonus top-up would give you a total return of 5% p.a. on your eligible balance. If the fund’s actual return changes, your total return will also change, so a 5% p.a. return is not guaranteed. These are annual rates, not the return you earn over the three-month campaign.
The Bonus Top Up is a promotional reward from ShopeePay, not interest or profit on a deposit. It is available on a first-come, first-served basis while the campaign budget lasts.
There is no minimum holding period. The bonus is calculated daily and reflected on business days. You need a balance of at least RM200 to earn it for that day. If your balance falls below RM200, you can qualify again once it meets the minimum, subject to the campaign terms.
You will not earn the bonus while your ShopeePay account is banned, suspended or frozen.
How Money+ Returns Are Calculated
Your daily return depends on your Money+ balance and the fund’s actual performance. The examples below assume a 3% p.a. Actual fund return for illustration purposes only. Your actual return may be higher or lower.
| Money+ Balance | What You Earn |
| RM10 to RM199.99 | Fund's actual return only. |
| RM200 to RM10,000 | Fund's actual return + 2% p.a. Bonus Top-Up during the campaign period. |
| Above RM10,000 | 2% p.a. Bonus Top-Up on the first RM10,000, while the full balance earns the fund’s actual return. |
For example, if you have RM10,000 and the actual fund return is at 3% p.a.:
- Actual fund return: (RM10,000 × 3%) ÷ 365 = RM0.8219 a day
- Bonus Top Up: (RM10,000 × 2%) ÷ 365 = RM0.5400 a day
- Total: RM1.3619 a day
With RM100, the same 3% p.a. actual fund return would give you RM0.0082 a day. You wouldn’t receive the Bonus Top Up because your balance is below the RM200 minimum.
These figures may look slightly different from a standard calculation because the fund return is rounded down to four decimal places, while the Bonus Top Up is rounded down to two.
How The Bonus Works With RM15,000
If you have RM15,000 in Money+ and the actual fund return is at 3% p.a., your illustrative daily return would be:
- Fund return: RM15,000 × 3% ÷ 365 = RM1.23
- Bonus Top Up: RM10,000 × 2% ÷ 365 = RM0.54
- Total: RM1.77 a day
Your full RM15,000 earns the fund’s return, but only the first RM10,000* qualifies for the Bonus Top Up.
When Your Returns Are Reflected
Money+ follows a business day schedule. Top up before 2pm on a business day, and the amount is reflected by 9pm the same day. Top-ups after 2pm are reflected by 9pm the next business day. For example, a top-up after 2pm on Friday would be reflected by Monday.
Returns earned over weekends and public holidays accumulate and are reflected on the next business day.
The fund is valued once per business day at 7pm, which determines its value for that day.
First-Time Eastspring Investors Get A Cooling-Off Period
If this is your first investment in an Eastspring fund through ShopeePay, you have a six-business-day cooling-off period from your first successful Money+ top-up. This gives you time to change your mind and request a refund of your initial investment.
The refund is processed within seven business days after the funds are received from iFAST.
However, you lose your cooling-off right if you make another top-up or withdrawal during the six-business-day period.
Is ShopeePay Money+ Safe?
ShopeePay Money+ is a regulated investment product, but it is not risk-free. Its underlying fund is managed by Eastspring Investments Berhad, which is regulated by the Securities Commission Malaysia**.
The fund can lose money if sukuk prices fall when interest rates change, or if an issuer or financial institution it deals with runs into financial trouble. It may also have difficulty selling investments quickly enough to meet withdrawal requests.
If the fund places a large share of its money with only a few issuers or institutions, problems at any one of them could have a greater impact. An investment initially considered Shariah-compliant could also later be reclassified as non-compliant.
Your Money+ balance is not protected by PIDM, which covers eligible bank deposits up to RM250,000 per depositor per member bank. The Capital Market Compensation Fund does not cover ordinary investment losses either.
Fund Fees And Charges
| Fee | Amount |
| Sales charge | Nil |
| Repurchase charge | Nil |
| Management fee | Up to 0.40% p.a. |
| Trustee fee | Up to 0.03% p.a., subject to a minimum of RM18,000 p.a. |
These fees sit at the fund level and are already included in your daily returns. There's no separate fee to top up or hold a Money+ balance.
Explore ShopeePay Money+ On ShopeePay
If you're considering ShopeePay Money+ for your spare cash, download the ShopeePay app from the Apple App Store or Google Play Store. Simply start with RM10 and access your balance through ShopeePay.
*Subject to eligibility criteria, including a minimum RM200 ShopeePay Money+ balance. This is not investment advice or a recommendation to buy, sell, or hold. Returns are for illustration, are not guaranteed, and are based on the historical returns, which are past performance and are not indicative of future performance. The up to 5% p.a. promotional return is subject to the ShopeePay Money+ Bonus Campaign Terms and Conditions (T&Cs). See the ShopeePay Money+ Bonus Campaign T&Cs and FAQs for details.
**ShopeePay's website or app may contain advertising content that has not been reviewed by the Securities Commission Malaysia ("SC") and should not be considered as a recommendation or endorsement by the SC to buy or sell investment products. SC should also not be considered to be associated with any of the investment products.
Frequently Asked Questions
How do you get your money back out?
Transfer to your ShopeePay eWallet (instantly) or to a bank account in your own name (up to one business day). Joint accounts aren't supported, and the minimum withdrawal is RM10 either way.
Can you set up automatic top-ups?
No. You must top up manually through the ShopeePay app.
Can you change your mind after topping up for the first time?
Yes, for six business days. You'll get a full refund of your initial investment, processed within seven business days after iFAST sends the refund monies. Making a withdrawal or another top-up during that window ends the right immediately.
How long is your ShopeePay Money+ transaction history available?
Up to 90 days in the app, covering top-ups, withdrawals, daily returns, and bonus top-ups.
Do you need to pay tax on your Money+ returns?
Check with LHDN or a tax adviser if this matters for your filing. Neither ShopeePay's nor Eastspring's disclosures set out a blanket tax treatment, so it depends on your own circumstances.
What happens to the 2% p.a. Bonus Top Up after the campaign ends on 30 November 2026?
The bonus applies only during the current campaign period. Your balance would continue earning the underlying fund's actual return regardless, since that's separate from the promotional bonus. Any future bonus campaign would depend on ShopeePay's terms at that time. You will lose this cooling-off right if you make a withdrawal, another top-up, or use the funds for e-wallet consumption or purchases during the six-Business-Day period.
