The GO+ investment option of Touch ‘n Go eWallet offers a 2% investment yield.
You can gain an extra 2% p.a. when you deposit money into GO+, plus 1.50 percent p.a. on top of that, for a total investment yield of around 3.50 percent p.a. You’ll make more money than if you put your money in ordinary time deposits or mutual funds!
Touch ‘n Go is offering an extra 2% p.a. investment income offer from February 16th to April 30th to entice consumers to deposit money into the Touch ‘n Go eWallet GO+ micro-investment service. GO+ typically distributes a yield of about 1.50 percent per annum; however, if an additional 2% per annum is included, the yield rises to 3.50 percent per annum.
You only need to deposit a minimum of RM200 in GO+ to gain an extra 2% p.a. yield throughout the promotion period. From February 16 until April 30, 2022, this promotion is valid for 2.5 months. Touch and Go will only give out RM1 million in investment income on a first-come, first-served basis.
Notice! If the additional 2% yield is limited to an RM3,000 deposit; if your deposit is greater than RM3,000, only the RM3,000 investment income will be counted.
Here’s an example of how to figure out how much money GO+ makes. If you deposit RM3000 into GO+, you will earn 1.50 percent p.a. on weekdays and an additional 2 percent p.a. on weekends. Both of these advantages will be computed independently.
RM3000 X 1.50% / 365 = RM0.123
RM3000 X 2% / 365 = RM0.164
RM0.123 + RM0.164 = RM0.287
You can get RM0.287 interest every day.
Notice! After 4:00 p.m., transactions will be classified as next-day deposits, and interest will be paid on the third day. The GO+ account has a maximum balance of RM9500. It will take three days for the earnings and interest to be credited to your eWallet account if you deposit the entire RM9500.
Last November, the Touch ‘n Go eWallet promised an extra 4% return, but the deal expired on January 31 this year. Touch ‘n Go eWallet now offers an additional 2% return on investment.
