Exploring 11 Low-Risk Investment Options
Investing can be daunting, especially when you're looking for low-risk options that still offer decent returns. Here are 11 low-risk investment opportunities that you might find appealing:
GXBank
- Interest Rate: 2% p.a.
- Features: Flexible deposits and withdrawals with daily interest calculation.
AEON Bank
- Savings Pot Interest Rate: 3% p.a.
- Features: Flexible deposits and withdrawals with monthly interest calculation.
Boost Bank
- Savings Jars Interest Rate: 3% p.a.
- Raya Special Jars Interest Rate: 3.3% p.a.
- Features: Flexible deposits and withdrawals with daily interest calculation.
Rize ( I have)
- Interest Rate: 3.30% p.a.
- Features: Flexible deposits and withdrawals with monthly interest calculation.
KDI Save ( I have)
- Interest Rate: 4% p.a. for the first RM50,000
- Features: Flexible deposits and withdrawals with daily interest calculation. Funds processing takes 1-2 business days.
Versa Cash
- Interest Rate: Approximately 3.7% p.a.
- Features: Flexible deposits and withdrawals with monthly interest calculation. Funds processing takes 1-2 business days.
GO+ ( I have)
- Interest Rate: Approximately 3.5% p.a.
- Features: Flexible deposits and withdrawals with daily interest calculation through Touch ‘n Go eWallet.
Fixed Deposit ( I have)
- Promotional Interest Rate: Approximately 3.7% p.a.
- Regular Interest Rate: Approximately 2.4% p.a.
- Features: Fixed-term investment with higher returns for longer commitments.
ASNB ( I have)
- ASM Product Interest Rate: 5% p.a.
- ASM 2 Wawasan and ASM 3: Expected interest rates between 4.75% to 5% p.a., to be announced in August and September.
- Features: Reliable returns with annual interest distribution.
KWSP (Employees Provident Fund) ( I have)
- Interest Rate: 6.3% p.a.
- Features: High returns but funds are accessible only after the age of 55.
SSPN (National Education Savings Scheme) ( I have)
- Last Year's Interest Rate: 3.6% p.a.
- This Year's Interest Rate: To be announced in early April.
- Features: Designed for education savings with annual interest distribution.
These options provide a range of interest rates and features to suit different needs and preferences. Whether you prefer daily interest calculations or are looking for higher returns with some restrictions, there's likely an option here that fits your investment strategy. Happy investing!
