Is the KDI Save PIDM-insured?

No. The KDI Save is not PIDM-insured — it is not a bank deposit.

KDI Save

Q: What is the interest rate on the KDI Save?

The KDI Save pays a base rate of 2.88% p.a., up to 3.88% p.a. with bonus tiers. Cash management solution investing in Ringgit money market/fixed income instruments, by Kenanga Investment Bank Berhad (SC-licensed, eCMSL/A0008/2007). Tiered promotional rates effective 16 Jun 2026: Tier 1 3.88% p.a. (RM0–RM50,000 in KDI Save with RM5,000 min balance in KDI Invest), Tier 2 3.38% p.a. (above RM50,000 with RM50,000 in KDI Invest), Base Tier 2.88% p.a. (any amount, no KDI Invest requirement). Fixed rates with daily crediting; rates supersede earlier 4.0% p.a. structure. Official FAQ and T&Cs: not eligible for PIDM deposit insurance. Verified 19 Oct 2026 against the official KDI Save website.

KDI Save · Malaysia · Verified 19 Oct 2026

BASE RATE

2.88% p.a.

MAX RATE (ALL TIERS)

3.88% p.a.

BALANCE CAP

Tier 1 applies to RM0–RM50,000; Tier 2 above RM50,000; no stated overall cap

■ BONUS TIER REQUIREMENTS

Salary credit NOT REQUIRED

Card spend NOT REQUIRED

Bill payments (JomPAY / standing instruction) NOT REQUIRED

Insurance / investments via bank NOT REQUIRED

PIDM insured NO — NOT A BANK DEPOSIT

Minimum balance RM100 initial deposit; subsequent top-ups RM10

Monthly fee RM0 (0.00% management fee, 0.00% expense ratio)

HOW THE RATE WORKS

Cash management solution investing in Ringgit money market/fixed income instruments, by Kenanga Investment Bank Berhad (SC-licensed, eCMSL/A0008/2007). Tiered promotional rates effective 16 Jun 2026: Tier 1 3.88% p.a. (RM0–RM50,000 in KDI Save with RM5,000 min balance in KDI Invest), Tier 2 3.38% p.a. (above RM50,000 with RM50,000 in KDI Invest), Base Tier 2.88% p.a. (any amount, no KDI Invest requirement). Fixed rates with daily crediting; rates supersede earlier 4.0% p.a. structure. Official FAQ and T&Cs: not eligible for PIDM deposit insurance.

SOURCE

https://digitalinvesting.com.my/save

KDI official Save page: tier table (Tier 1 3.88% / Tier 2 3.38% / Base 2.88% p.a., effective 16 June 2026), 'zero management fees', 'withdrawal reflected within 1-2 working days', initial deposit RM100 / top-ups RM10, FAQ: 'As an investment solution, KDI Save is not eligible for deposit insurance protection under Perbadanan Insurans Deposit Malaysia (PIDM)'; T&Cs item 4: 'Deposits placed under KDI Save are not protected under PIDM'.

Verified 19 Oct 2026. Rates change — always confirm on the official site.