GO+ now offers higher saving limit, unlocking more daily earnings with TNG eWallet

Nov 14, 2024
GO+ now offers higher saving limit, unlocking more daily earnings with TNG eWallet

TNG Digital Sdn. Bhd. ("TNG Digital"), Malaysia's largest integrated fintech player, has announced a significant upgrade to GO+, a product under GOfinance hub within TNG eWallet, raising the saving limit from RM9,500 to RM20,000. This enhancement allows users to maximise their daily returns on their GO+ balance, offering added flexibility and expanded opportunities for financial growth.

Introduced in March 2021 through a collaboration with Principal Asset Management (“Principal”), GO+ was TNG eWallet’s first financial service product. As a Shariah-compliant Money Market Fund managed by Principal, GO+ 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.

To date, GO+ has empowered close to 4 million users to save and grow their funds with ease, providing average daily returns of 3.4%[1]per annum. With this enhancement, users can now benefit from a higher savings limit, regardless of their financial background. GO+ allows access to funds anytime through TNG eWallet, with no lock-in period, ensuring users enjoy both financial growth and full control over their money.

Alan Ni, Chief Executive Officer of TNG Digital, said, “Our goal has always been to empower Malaysians with convenient and affordable access to financial services. 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.”

New and existing GO+ users will automatically enjoy this upgrade, providing a seamless transition to a higher savings limit.

GO+ is one of many financial products including savings, insurance, and investment options offered under GOfinance, the all-in-one financial services hub within TNG eWallet. GOfinance empowers Malaysians with easy access to financial services that enhance their financial well-being. With a comprehensive suite of secure, convenient, and rewarding financial products, TNG Digital is committed to equipping users with the tools they need to manage their finances confidently and effectively.

[1] The net daily return rate is updated based on the rate as of 13 November and may vary from day to day.