Is the StashAway Simple PIDM-insured?

No. The StashAway Simple is not PIDM-insured — it is not a bank deposit.

StashAway Simple

Q: What is the interest rate on the StashAway Simple?

The StashAway Simple pays a base rate of 3.4% p.a., up to 0.15% p.a. with bonus tiers. Cash management portfolio (unit-trust wrapper, not a deposit): 80% Principal Islamic Money Market Fund + 20% AmIncome Fund. Projected rate 3.4% p.a. net of fees as of 19 Aug 2025 per page footnote (page headline advertises 3.55% p.a.); projected rate is not guaranteed and changes with market conditions. New investors get an extra 0.15% p.a. rate boost for 6 months. Historical annualised returns: Q3 2024 3.56%, Q4 2024 3.53%, Q1 2025 3.67%, Q2 2025 3.76% (net of fees). Not PIDM-protected (money market funds; trustee-segregated). Licensed by Securities Commission Malaysia (eCMSL/A0352/2018). Verified 4 Sept 2026 against the official StashAway Simple website.

StashAway Simple · Malaysia · Verified 4 Sept 2026

BASE RATE

3.4% p.a.

MAX RATE (ALL TIERS)

0.15% p.a.

BALANCE CAP

No minimum, no maximum (RM1 or RM1,000,000 same rate)

■ 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 RM1 (no minimum balance to earn projected rate)

Monthly fee 0.15% p.a. management fee (net of fees rate quoted)

HOW THE RATE WORKS

Cash management portfolio (unit-trust wrapper, not a deposit): 80% Principal Islamic Money Market Fund + 20% AmIncome Fund. Projected rate 3.4% p.a. net of fees as of 19 Aug 2025 per page footnote (page headline advertises 3.55% p.a.); projected rate is not guaranteed and changes with market conditions. New investors get an extra 0.15% p.a. rate boost for 6 months. Historical annualised returns: Q3 2024 3.56%, Q4 2024 3.53%, Q1 2025 3.67%, Q2 2025 3.76% (net of fees). Not PIDM-protected (money market funds; trustee-segregated). Licensed by Securities Commission Malaysia (eCMSL/A0352/2018).

SOURCE

https://www.stashaway.my/simple

StashAway Malaysia official Simple page: 'Projected rate 3.4% p.a. (net of fees) ... As of 19 August 2025'; headline 'Earn a projected 3.55%* p.a. with Simple'; management fee 0.15% p.a.; underlying funds 80% Principal Islamic Money Market Fund / 20% AmIncome Fund; 'No minimum balance ... RM1 or RM1,000,000, it's all the same'; new-investor +0.15% boost for 6 months; quarterly returns table. PIDM status: not a PIDM member (unit trust wrapper; no PIDM claim on page).

Verified 4 Sept 2026. Rates change — always confirm on the official site.