About the Video
In this video, I review the #TouchNGo GO+ account, dissecting the underlying investment product and sharing you some juicy information that you may not know about this GO+ product.
Bank Negara Malaysia (BNM) announced that it may issue up to five licences for digital banks to qualified applicants by the first quarter of 2022 (1Q22), and with the timely release of this GO+ product by Touch n’ Go, is this really a revolutionary product for the e-wallet, or is this part of their strategy to gain more market share to compete in the digital bank license?
🔽Time stamps:
0:00 Introduction & outline
1:02 What is Touch n’ Go GO+?
1:52 How to use GO+?
4:02 Fund prospectus of GO+ account
7:06 My personal opinion on GO+ account
10:11 What do you think? Comment below!
10:22 Closing thoughts
GO+ is a new TNG eWallet feature launched by TNG Digital Sdn Bhd which allows the balance in your GO+ account to earn potential returns. The underlying fund for GO+ is Principal e-Cash – a money market fund managed by Principal Asset Management Berhad (“Principal Malaysia”) that aims to provide investors with liquidity and income.
Other benefits of GO+ include:
Easy and fast to open the investment account – just reload your GO+ balance
Affordable initial investment amount i.e. minimum reload is RM10
Seamlessly reload into your TNG eWallet balance via Quick Reload Payment
Earn daily returns
Make Cash out requests anytime you like
Any Malaysian who is above 18 years old and a TNG eWallet user who has completed the account verification process.
✅Principal e-Cash Fund Prospectus: Click Here
✅Bank Negara Malaysia (BNM) Policy Document on Licensing Framework for Digital Banks: Click Here
✅Download the Touch n’ Go eWallet app:
Apple App Store: Click Here
Google Play Store: Click Here
✅TNG GO+ Frequently Asked Questions (FAQs): Click Here
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Disclaimer: The content on this channel are for educational purposes only and merely cite my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Always remember to make smart decisions and do your own research. My opinion on this content is solely mine and is not affected by any form of sponsorship.
