Stash your cash with no rules
- No minimum balance
- No limit on the amount that can earn the projected rate
- No management fees
- No investment, insurance, or salary requirements
How will you use Simple?
- Store your emergency fund
- Prepare for short-term liquidity needs
- Fund your StashAway investment portfolios
Markets are volatile. Simple isn’t.
Q3 - 2022
Q4 - 2022
Q1 - 2023
Q2 - 2023
Past performance is not a guarantee for future returns. Last updated on 14 July 2023.
Growing your cash should be Simple
No minimum balance to earn the projected rate. RM1 or RM1,000,000, it’s all the same to us.
Require a minimum balance to earn the basic rate.
No requirements to meet to earn the full projected rate.
Require investments, insurance, salary crediting, and more to unlock the full rate.
Where does your money go?
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Frequently Asked Questions
Why shouldn't I invest in these funds myself instead of having StashAway invest on my behalf?
Firstly, while investing through StashAway, you'll get easy of access to the fund, so you won't need to create a new account anywhere else. Secondly, we return all rebates from the fund back to you, so you're actually earning more. Most other platforms and fund managers don't do this. And finally, there's no minimum investment, no cap on the balance that can earn returns, no lock-ins, and no fees with Simple.
Do I need to invest with StashAway to have StashAway Simple™?
Nope! You can have just a StashAway Simple™ portfolio, if that's what works best for your financial plan.
How is StashAway Simple™ different from a fixed deposit account or savings account?
Unlike fixed deposit accounts that require a minimum lock-up period, you can withdraw from StashAway Simple™ at any time. And unlike traditional savings accounts, StashAway Simple™ doesn't have any tiered earnings structures or account activity requirements. Also, StashAway Simple™'s rate can vary, depending on the economic environment. In addition, your Simple portfolio is made up of ultra-low risk assets, but is not insured.
How risky is StashAway Simple™?
We designed StashAway Simple™ to be an ultra-low risk cash management portfolio. The underlying fund in StashAway Simple, Eastspring Investment Islamic Income Fund, is a money market fund issued by Eastspring Investments Berhad that invests in Islamic money market and other fixed deposits.
Can the projected rate change?
Yes. Depending on economic conditions, StashAway Simple™'s projected rate may change, as its underlying fund is affected by Malaysia's economic health and trajectory. Though, when applicable, our system will re-optimise your StashAway Simple™ portfolio to maintain the highest possible projected rate within a given economic environment. The risk level to which your money is exposed will remain the same within StashAway Simple™.