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Home Finance

TnG eWallet’s GO+ Investment Feature Gets Higher Savings Limit of RM20,000

A significant increase from the original cap of only RM9,500.

by Heirul Kamel
November 14, 2024
TNG GO plus savings limit upgrade
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TNG Digital has announced a significant upgrade to the GO+ feature that’s under the GOfinance hub within TnG eWallet. The company has now raised the saving limit from RM9,500 to RM20,000, allowing users to maximise their daily returns on their GO+ balance, thus adding flexibility and expanded opportunities for financial growth. 

New and existing GO+ users, regardless of financial background, will automatically enjoy this upgrade. As before, the feature allows for a starting amount of just RM10, as well as access to funds anytime through TNG eWallet with no lock-in period.

TNG GO plus savings limit upgrade

For the uninitiated, TNG Digital introduced GO+ as the first financial service product on its eWallet app back in March 2021 through a collaboration with Principal Asset Management. As a Shariah-compliant money market fund managed by Principal, the feature invests funds primarily in short-term bank deposits with top  banks in the country, ensuring a low-risk, secure, and professionally managed investment options for users.

As mentioned earlier, GO+ can be found by navigating to the GOfinance tab in the TnG eWallet app. Users who are 18 and above are eligible to apply for the feature, while a verification process is necessary before access is granted.

(Source: TNG Digital press release)

Filed Under goGOfinancelimitTnGtng digitalTouch n Goupgrade
Updated 6:18 pm, Thu, 14 November 24
https://lowy.at/d18mz
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