Estimated reading time: 7 minutes
Webull Malaysia just dropped something big – their first Shariah-compliant cash management product, called Moneybull. It pays 6% p.a., with no lock-in period, and an investment cap of RM200,000 – and that makes it, quite literally, one of the most attractive low-risk cash products we’ve ever seen in Malaysia.
Disclaimer: This content has not been reviewed by SC. It is made in collaboration with Webull Malaysia, but rest assured – reviews and opinions are all my own and Webull Malaysia does not get to amend the content in this article.
TABLE OF CONTENTS
Who’s Behind Moneybull?
Although Moneybull is offered by Webull Malaysia (a platform fully regulated by the Securities Commission (SC) Malaysia), the fund itself is managed by AHAM Asset Management Berhad – one of the biggest local fund managers with more than RM100 billion in assets across over 130 funds worldwide.
The underlying fund for Moneybull is called the AHAM Aiiman Enhanced i-Profit Fund (Class B Accumulation). Its base return sits around 3.4% p.a., paid daily.
How The 6% Works?
Here’s the breakdown for how you earn 6% p.a.:
- Base fund return: ~3.4% p.a., distributed daily.
- Webull Booster: Webull will top up the remaining ~2.6% to make it 6% p.a., return counted daily but distributed on a monthly basis – reward will be processed on the 5th of every month.
Note: 6% p.a. promo rate is valid for 90 days from activation as long as you activated before 31 December 2025.
Disclaimer: Base fund rate is not fixed and can change according to the underlying fund.
Other Important Info about Moneybull
- You can invest from as low as RM0.01.
- 6% p.a. is capped at RM200,000 investment amount. (Anything more than that enjoy base fund rate of ~3.4%.)
- No fees when you subscribe or redeem.
- No lock-in period. You can withdraw anytime.
- Shariah-Compliant.
- Instant buying power for MY stock trading.
How Much Can You Earn?
Disclaimer: This is for illustrative purposes only and does not represent the real actual amount as the actual day booster % paid to your account can vary from month to month and may affect the compounding effect.
New User Rewards
If you’re new to Webull Malaysia, there’s also a welcome bonus on top of the 6% p.a. promo rate.
All you need to do is to deposit just RM5,000 and maintain it for 30 days. Then you’ll get RM500 worth of NVIDIA shares, which you can later sell for cash. That’s basically an instant 10% reward.
But this is only exclusive to my followers, so remember to use my exclusive code ‘ziet999’ when signing up!
Step-by-step Guide: How to Activate Moneybull
- Click here or download the Webull Malaysia app from the App store or Google Play.
- Then register for an account with your phone number and my invitation code ‘ziet999’.
- Verify your phone number and set up password.
- Login to the app using the account that you have just created. Click “Open Account” at the bottom menu, then complete all the necessary steps like take a photo of your IC, selfie, provide employment information and tax identification number (TIN).
- Once your account is approved, find the Moneybull icon in the ‘Discover’ page then click in and tap “Activate”.
- Once it’s activated, you will receive a Moneybull Booster voucher. This voucher can be found under ‘My Rewards’ section within 48 hours after activation of Moneybull.
For example, if you activate Moneybull at 5pm on Nov 14, you will receive this Moneybull Booster latest by 5pm on Nov 16. And once this voucher is received, your 90 days timeframe to enjoy 6% p.a. will then begin and your 6% rate will end on 13 Feb 2026.
So, while waiting for that 48 hours, you can deposit money into your Webull account first, so that when the 6% p.a. starts, you immediately get to enjoy it.
Note: You will see something called the ‘Reserved Amount’ and that means the amount from your Webull account that you do not wish to be auto swept to Moneybull. So, in my opinion, you can leave that as just zero.
Comparison with Other Fintechs/Broker
Fees Comparison with Different Brokerages (MY and US Stocks)
If you are interested to trade stocks with this same account, here is a comparison of brokerage fees by different brokers. And yes, Webull is the cheapest one out there.
For Malaysia Market: Webull offers zero fees (no commission and no platform fee) for Malaysian stocks until 31st December 2025. After the promotion period, Webull only charges a minimum of RM2.50 or 0.05% of trading value.
For the US Market: Webull charges a minimum of USD 0.99 or 0.025% (no platform fee).
Note: Pricing will remain until further announcement. Find the latest update here.
Additional info: Webull does not charge any account opening fee, funding fees, interbank GIRO withdrawal fee, nor inactivity fee, so your account is literally maintenance free. Plus, you will receive interest for unused cash in your Webull account, with rates around 1.75% p.a. for MYR balance, and around 1.8% p.a. for your USD balance!
Note: Other fees like stamp duty, clearing fees etc will still be charged by the authorities and regulators in Malaysia which are standard across all other SC-licensed brokers.
Final Thoughts
Low risk, high flexibility, Shariah-compliant, no lock-in and most importantly 6% p.a. – in my opinion, is a very rare combo in Malaysia’s current market. If you’ve been leaving idle cash in your bank earning near to zero, Moneybull might be the easiest way to put it to work.
If you prefer a video version of this article, I have made a video covering the exact same thing – do check it out here! Thanks for reading!
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Disclaimer: All views expressed in this video are the independent opinions of Ziet, which are not necessarily shared by Webull Securities (Malaysia) Sdn Bhd (“Webull Securities”). No content shall be considered financial advice or recommendation. Webull Securities links are included in this post, through which referrals are made and Ziet may receive certain commissions. Please contact Webull Securities for more information.
