Versa vs KDI Save Malaysia 2026

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Two SC-licensed cash management funds with no lock-in. Here's how the rates, minimums, and features compare.

KDI Save (Kenanga Digital Investing) currently offers a higher headline rate. Versa Cash offers a Shariah option (Cash-i) and PRS tax relief that KDI does not. Both are variable-rate, non-PIDM-protected money market funds.

Versa vs KDI Save 2026 — Full Comparison

Feature	Versa Cash	KDI Save
SC Licensed	Yes	Yes
Indicative return	3.24–3.69% p.a.	Up to 3.88% p.a.
Minimum deposit	RM10	RM1
Lock-in	None	None
Shariah option	Yes — Versa Cash-i	Check app for current options
PRS (tax relief)	Yes — RM3,000/year relief	No
Backed by	Versa Asia Sdn Bhd	Kenanga Investment Bank
PIDM protected	No	No

Rates as of July 2026, sourced from each platform's own site (KDI Save rate revised 16 June 2026). Not guaranteed — variable and subject to change. Past performance is not indicative of future performance.

Key Differences

Versa Stands Out For...

Shariah-compliant option (Versa Cash-i)
PRS retirement account with RM3,000/year tax relief
Unit trust access (Versa Growth) in the same app

KDI Save Stands Out For...

Higher headline rate as of July 2026
Lower minimum deposit (RM1)
Backed by Kenanga Investment Bank

💰 Versa — Free RM10SC regulated · Code CALMY

RM10,000 Idle Cash Earns ~RM324–369/Year — No Lock-In

Illustrative 1-Year Return (Indicative Rate)

Deposit	Return (3.24–3.69% p.a.)
RM1,000	RM32–37
RM5,000	RM162–185
RM10,000	RM324–369

🔓No lock-in — withdraw anytime
🏦SC-licensed money market fund, min RM10
📋PRS option available — up to RM3,000/year tax relief

Get Free RM10 — Sign Up with Code CALMY →

Rate is variable, not guaranteed. Past performance is not indicative of future performance. Not reviewed by SC. Min RM10 · T&Cs apply.

FAQ — Versa vs KDI Save Malaysia

Is Versa or KDI Save safer?

Both are licensed by the Securities Commission (SC) Malaysia — Versa by Versa Asia Sdn Bhd, KDI Save by Kenanga Digital Investing (a Kenanga Investment Bank subsidiary). Neither is a bank deposit or PIDM protected. Both invest in licensed money market instruments.

What is the current rate on KDI Save vs Versa Cash?

KDI Save offers up to 3.88% p.a. (effective 16 June 2026, base rate 2.88% p.a. with a bonus component). Versa Cash offers a base net return of approximately 3.24–3.69% p.a. Both are variable rates that change over time — check each app for the current figure as of July 2026.

Does KDI Save have a Shariah option?

Versa offers Versa Cash-i as a Shariah-compliant version of its cash fund. Check KDI's own platform for their current Shariah-compliant fund options, as availability can change.

What's the minimum deposit for each?

KDI Save has a minimum of RM1. Versa Cash has a minimum of RM10. Both are accessible with very small starting amounts compared to a typical bank fixed deposit.

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