TNG eWallet users can now save more and earn higher returns as the GO+ savings limit has been increased from RM9,500 to RM20,000.
This update from TNG Digital, the company behind the e-wallet, allows users to maximise their daily earnings through this low-risk investment option.
GO+ was the first financial product introduced within the TNG eWallet, launched in 2021 through a partnership with Principal Asset Management.
It’s a Shariah-compliant Money Market Fund that invests in short-term bank deposits with leading banks, to ensure professional management of funds.
While GO+ offers an average daily return of 3.4% per annum as of 13 November, this rate can vary daily.
With a starting amount of RM10, GO+ has attracted close to 4 million users, according to TNG Digital.
This latest update automatically applies to all new and existing GO+ users.
There is no lock-in period, and users can access their funds at any time through the TNG eWallet app.
GO+ is part of GOfinance, a hub within the TNG eWallet that offers various financial products, including savings, insurance, and investment options.
Alan Ni, Chief Executive Officer of TNG Digital, said,
“Since its launch, GO+ has consistently delivered reliable benefits that our users can count on, without relying on temporary promotional campaigns. Now, with the enhanced savings limit, Malaysians can earn even bigger returns.
With a starting amount of just RM10, GO+ strengthens our commitment to championing financial inclusion for all. This enhancement further advances our mission to help more people take charge of their financial journey, growing their savings with confidence and ease.”
Featured image credit: Screen grab from YouTube
