Currently, there are three platforms in China that provide 4% p.a. return rate, namely Rize, KDI Save and Versa Cash.
Domestic banks no longer offer time deposits of 4% p.a. or above, so it is difficult for ordinary people to find time deposits of 4% p.a. or above, unless they are advanced users of the bank.
Rize, KDI Save and Versa Cash have become the best choices for investors pursuing low risk and high returns. All three platforms provide a return rate of 4% p.a.
1. Rize
Rize is a digital bank account launched by Al-Rajhi Bank. Rize is certified by the National Bank and PIDM. Now, as long as you deposit money into your Rize digital bank account, you can enjoy a 4% p.a. return rate. 4% p.a. will be calculated on a daily basis, but the interest will be remitted to the user’s Rize account in one lump sum at the end of the month. The 4% p.a. discount is valid until March 31, 2024, and may be extended further.
2. KDI Save
KDI Save is Kenanga Investment Bank Berhad’s low-risk savings service for digital investments. The KDI platform has been licensed by the Securities Commission of Malaysia (SC). Each user can enjoy a 4.00%p.a. return on their first deposit of RM50,000, while deposits from RM50,001 to RM200,000 can enjoy a 3.50%p.a. return. As for deposits exceeding RM200,000, you can only enjoy a rate of return of 3.00% p.a.
In addition, KDI also owns KDI Invest. If you are interested in joining KDI Invest, you can enter the 118145 promotional code when registering an account.
3. Versa Cash
Versa is a Malaysian smart investment platform that has been registered with Securities Commission Malaysia (SC). Versa’s funds will be managed by Affin Hwang Asset Management (AHAM). When depositors deposit money into Versa Cash, they will enjoy a deposit interest rate of 4.00% p.a.
If you are interested in joining Versa, you can enter the UCRJL6FD promo code when opening an account and enjoy a RM10 account opening bonus.
