BYE BYE 4%!!!
If you park spare cash in KDI Save, a major change lands on 16 June. Kenanga Digital Investing is moving from its old flat-rate structure to a new investment-linked tier system.
Leave your cash completely in KDI Save without touching KDI Invest, and your interest rate drops to a base 2.88% p.a. To beat the drop and unlock higher returns, you must hold a minimum balance in a market-driven KDI Invest portfolio.
The New Tier Structure
| Tiers | KDI Save Amount (RM) | Min. KDI Invest Balance | New Interest Rate (p.a.) |
| Tier 1 | RM0.00 – RM50,000.00 | RM5,000.00 | 3.88% p.a. |
| Tier 2 | Above RM50,000.00 | RM50,000.00 | 3.38% p.a. |
| Base Tier | Any Deposit Amount | None | 2.88% p.a. |
The Catch: Unlocking the 3.88% p.a. rate means moving RM5,000 into KDI Invest. Because KDI Invest buys global ETFs, that RM5,000 faces market volatility and a ~0.756% p.a. management fee (including SST).
The Smart Play: Stack the 120-Day 6.5% Campaign
Instead of just dumping RM5,000 into KDI Invest to satisfy the tier requirement, optimize it by pairing it with Kenanga’s ongoing 6.5% p.a. Deposit Programme.
This promo pays 6.5% p.a. on the smaller amount between your KDI Save balance and your KDI Invest deposit, provided you hold it for 120 days.
If you have RM45,000 in KDI Save and put RM5,000 in KDI Invest, your money splits beautifully for 120 days:
Portion A (RM5,000 of KDI Save): Triggers the 6.5% promo match. Yields RM106.85 in interest.
Portion B (RM40,000 of KDI Save): Your RM5,000 investment satisfies the Tier 1 minimum, unlocking 3.88% p.a. on the remaining cash. Yields RM510.25 in interest.
Portion C (RM5,000 in KDI Invest): Sits in the market as your "key". It incurs about RM12.43 in fees over the 120 days.
Total Expected Interest from KDI Save over 120 days: RM617.10
How to Execute This Safely
Set Risk to "Conservative": When setting up your KDI Invest profile, choose the Very Conservative or Conservative option. This forces the AI algorithm to buy low-volatility global bonds and fixed income, shielding your RM5,000 key from aggressive stock market drops.
Obey the Lock-In: Do not withdraw any funds from KDI Invest during the 120-day window. A single early withdrawal cancels the 6.5% promo match.