KDI Save is a low-risk savings service on Kenanga Investment Bank Berhad’s Kenanga Digital Investment (KDI) platform, which is licensed by the Securities Commission of Malaysia (SC).
KDI offers two investment products, KDI Save and KDI Invest. KDI Save allows investors to earn returns on their savings without lock-in periods and management fees, and offers a fixed interest rate of up to 3% per annum.
The KDI Save 3% APR offer was launched in February this year and will end on 31 December 2022. Users can enjoy a fixed interest rate of 3% p.a. for as long as they deposit with KDI Save during this period.
Attention! Only the first RM200,000 of each user’s savings will be entitled to 3% p.a., while the rest of the savings will only be entitled to 2.25% p.a.
The benefits of KDI Save are that you can start investing with a minimum of RM250 and each subsequent top-up will only cost a minimum of RM100, and the interest will be calculated on a daily basis, i.e. 1 day for 1 day and 10 days for 10 days. Deposits and withdrawals can be made at any time, but they will take 1 to 2 working days to process.
If you are interested, you can download the KDI APP from the Apple Store or Google Play Store by searching for Kenanga Digital Investing. You can also visit https://digitalinvesting.com.my/ to open an account or for more details.
