Touch n' Go GO+ Honest Review | A Genius Marketing Gimmick
ฝัง
- เผยแพร่เมื่อ 15 มิ.ย. 2024
- 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: www.principal.com.my/sites/de...
✅Bank Negara Malaysia (BNM) Policy Document on Licensing Framework for Digital Banks: www.bnm.gov.my/-/policy-docum...
✅Download the Touch n' Go eWallet app:
Apple App Store: apps.apple.com/my/app/touch-n...
Google Play Store: play.google.com/store/apps/de...
✅TNG GO+ Frequently Asked Questions (FAQs): support.tngdigital.com.my/hc/...
➡️Start Investing in the U.S. market now!👇🏻
• Investing in the US ma...
➡️Explore StashAway Malaysia here👇🏻
• Playlist
➡️Beginner's Step-By-Step Playlist to Start Investing👇🏻
• Beginner's Guide to In...
➡️Link to my social accounts👇🏻
Instagram: / ziet_invests
Facebook: / zietinvests
Twitter: / zietinvests
✅🎥All the gears that I use to make my TH-cam videos: kit.co/Ziet/youtube-gears
#touchngomalaysia #principalecash #touchngogoplus #goplus #tnggoplus #tnggoplusreview #ewallet #bestewalletinmalaysia #tngewallet #tnggoplusaccount #tnggoplusmalaysia #bestewallet #banknegaramalaysia #bnm #boost #grabpay #maybankmae #fasspay #setel #tng #touchngo2021 #bestewallet2021 #ewalletmalaysia #principalassetmanagementberhad #howtousetnggoplus #stahsawaysimple #stashaway #stashawaymalaysia #fixeddeposit #moneymarketfund #bigpay #shopee #shopeepay #aeonwalletmalaysia
touch n' go
touch n' go go+
touch n'go go+ account
touch n' go e-wallet
touch n' go malaysia
touch and go
touch and go go+
touch and go e wallet
touch and go malaysia
e-wallet malaysia
tng go+
tng go+ review
tng go+ malaysia
principal e-cash fund
_______________________________________________________
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.
![[NEW] TNG GOinvest Review (2.70% p.a. Money Market Fund)](http://i.ytimg.com/vi/hGl6bhGrWaw/mqdefault.jpg)
Great review on explaining all the fundamentals for TNG+ ! Although I dully support your point of the return fund being as useless as not singing up for it but again it’s their first bold step especially in Malaysia
Haha right, gotta give them some time, Malaysia is slow in all aspect 🥲
Such a clear, no nonsense video. Nice
Thank you so much Aida😊
Bagus penerangan anda. Lengkap tapi ringkas dan masuk akal, mudah untuk difahami. Terima kasih!
Hehe terima kasih Saiful!
Thanx for the explanation bro... Exactly the information ive been looking for on this Go+ feature... Now i understand. Keep'em coming !
Glad you find them useful! ☺️
Wah terbaik, penerangan yg jelas, good job lencai
Terima kasih Danial!!
thank you for the good explanation sir, love that
My pleasure Amirul, thank you so much for watching! 🥰
For me. This is good if you consider it really liquid compare to normal bank. You can save as emergency fund with return.
Totally, there will always be a product for everyone!
Thank you so much for the explanation! I have zero sense in this investment field but your video helps a lot hahaha
Happy to help!
Good info! Btw I just realized the fork-mic at mid of the video 😅
Haha not sure if my face was too distracting, or the fork was too illusive? 😝
well said bro, thanks! Perhaps it'd be more attractive if the limit and returns are higher. Loving your explanation, subscribed!
Thank you so much Riaz! See you in future videos 😁
Excellent video 👍🏼👍🏼
Thank you sir!
Very informative
I just invested
Glad you liked it Kavindran!😊
Hi, have you thought about making a video about trading options in US market with different brokers for Malaysians?
Hi Christopher, thank you for your suggestion. I do have that in my future to-do list but at the moment I don’t have that much knowledge with options trading yet 😬 still learning it
Good info man, tqsm
You're most welcome Harshan!
Its not higher than short term auto renewed fixed deposit placements here, just set 2-3 months auto renew, add to principal.
100%! Though I think the "attraction point" here is its automated reload from the GO+ balance into the wallet, i don't think anyone with a sane mind would be here for the return haha!
Thanks for your review @Ziet Invests. Very helpful insight!
Thank you very much! Glad you liked it 😄
Sorry for the stupid question if I load some money to the normal e wallet but after that I full load the money when upgrade to go+ can i still use the go+wallet like normal?
Hi Stanley, if you load money into GO+, your normal transactions will always subtract from your eWallet balance.
When your eWallet balance is too low, then it will automatically eat into your GO+ account balance.
Hope this helps!
Great and informative video. Thanks! 👍
Hehe glad you liked it! 😄
eyyy, that fork with mic trademark from sneakysushi gorgor XD
Haha glad you noticed it, love his content!
I respect your ‘fork’
Hahaha thank you so much XDD
看了很久才发现原来你是把麦克风插在叉子上😂 好创意哈哈哈
哈哈哈！忽然又不见，忽然又出现😝
It's a good video but hehe I can't help but noticed that fork you used to cover your mic😅
Hahaha hopefully it doesn't distract you from the video!
hi, now the rate is 3.6% above the FD in the bank. and daily return, kinda good
Its definitely a good spot to park some extra cash, after all it doesnt hurt since its free money!
Again it seem that I have to ask more questions. What if I have money in the acc and I die -covid destroys me.--what happens to the money?
If no one claims for you, the government/tng take it lor
It says in the app that the principal e-cash is Shariah compliant money market fund
Thanks for sharing!
Wow. It has changed since 🤔
Yeah need to update soon🫣
It is syariah compliant now. Few months it is giving 5.5% daily.
Yup it is now shariah compliant! How many referrals did you got to get that 5.5%/365 daily interest?
@@ZietInvests no referrals. There is a campaign for 3 months or so. So park in go+ for that amount of time.
@@mystvearn83 Ahh that one, I didn't cover it because the campaign period was too short haha
@@ZietInvests later when it goes down, park somewhere else. If got campaign again, put there 😂
Then how bout the 1.45+4% per anum? Take example of 9500 deposited in
That’s another level of gimmick. It’s per annum basis, so on a monthly basis you would get a (Divided by 12) number. And their campaign usually runs for a few months only, so nothing special in my opinion.
It is just a tiny bonus, if one really wants that, by all means go for it. But to me, it’s not worth the effort, its just a tiny bonus for a short period of time.
Its the fork for me😂👍
😂😂😂
like like...at least not like pokemon GO ; I kinda get the short term investment part thou...but one need lots of cash in the GO+ to get instant daily return then cash out the next day
Yeah, even then, the return is really low, only makes the littlest sense for heavy TNG users. For the rest like me, nope :X
@@ZietInvests the only way foward ---> if they open all their RFID toll lane. So far havent but i guess that's their 'final card'.
@@ZietInvests i am paying my water bill using TnG thou but i am looking foward for TNB in the app. So far only Sarawak energy. Long term, i see the return as a way to pay off my bills too. Like a rebate in a way.
@@seanchen9265 that sounds better! I think their app and brand have a lot of potential to go, just need to unlock them and it could be a really powerful malaysian app
How about foreigners who live in Malaysia? Can use this go+?
Hi fethi, I believe GO+ is only available for Malaysians at the moment :x
Why is "ethnicity" required in personal info? How is that relevant to setting up a money market fund?
😂😂 they probably asked as part of their survey on their target group
Considering that its increasing to 3+% p.a. it seems more and more enticing
Definitely a good place to park extra cash if you use tng frequently!
Saw very bad reviews on the TNG app. Seems they are asking for many personal details which in the opinion of the users are not necessary. Even apple gives a warning that the app can access your personal data in the device. What do you think of the security measures of the app and personal data?
Hmmm, this can be very subjective, imo it doesn't really matter since our database has long been wholesale all over the internet lol
Smacked it!
Ye boi!
haha. please laaaa enable the top up tng card from e wallet. its annoying when u don't have cash and not enough balance in tng card to go on the mrt
Haha exactly, especially when drop below RM 20 cannot enter car parks with TNG🥲
I think the reason why they don't want people to reload the card via tng is because of the kiosk taking comission and tng themselves are profitting from this method of reload. Please advise me if I am wrong.
Sepanjang video, baru i perasan u pegang fork, 😂😂
😂😂😂😂😂😂
not the fork microphone holder :')))))
🤣🤣🤣
Fork is danger cuz sharp, use spoon next time
Can withdraw daily earning
How much are you getting each day?
Malaysia will be the first cashless payment country in South East Asia.
Faster than Singapore? 🤔
what's with the fork??
🤣🤣🤣
I prefer Grab anytime...I get way better deals/rewards if I use it as my main trxn for like anything...in one month >15000k points, man...there's a simple tactic to this...Touch n Go gives me nothing at all...it is just a boring app that acts like meh debit replacement card...Grab I just spend on my daily transactions with the Grab credit card, but spend however much I have in my debit card...basically still spending on what I can afford...best way to control expenses...just pay as frequently as you can your credit card to control your spending...
Haha to each of their own, i personally use a lot of Grab too, but for GrabFood only ;P
as a student, what do you recommend for me to do with my money?
1. Read up on what are assets / liabilities
2. Learn new skills from internet in your free time (blogging, SEO writing, designing, see this video th-cam.com/video/Unm8rxOnidw/w-d-xo.html)
Forget about getting rich with stocks/investments, you need income to able to sustain your investments. Focus on learning new skill, that will make you wealthier than owning some stocks at your age.
Honestly i dont understand it but i have an acc and also GO/. Deposited RM10.00. I am trying to understand it. So far no useful info.
It's just like a sub-account that can generate higher % that's all
It still have a little risk right. I want to ask what would need to happen for me to loss my money if i put a large amount in it?
Yup because it is not insured as far as i can recall; might have to check the prospectus or TNG's website for that
can youtrip card top up TNG?
Hi George, you can now order the new Enhanced TNG card to reload TNG card through your TNG e-wallet app yeah
@@ZietInvests thanks 😊
My friend said "wow its haram" .i reply who the fuck care 🤷 .asb also haram because have 30bluechip company malaysia .adoi ....nak masuk masuk laa ,tak nak sudah .im already join after Go+ launch .i just add to my portfolio to fight inflation .
😂😂😂😂 that is one way to put it haha! Janji happy 😝
nice mic holder
, i mean fork XDDD
Forkin nice right mate? 😂
They did say "low risk and low income". Sooo......
🤭
nak tnya , klau kita just upgrade tapi taknak melabur just nak upgrade untuk kita dapat transfer duit ke bank sahaja boleh ke?
boleh, upgrade tu free je (klo x silap)
I just realized u were holding a fork 😭
😂😂😂surprise!
At least my toll money is not just sitting there.
Nothing wrong at all!
I can see they're implementing this to Malaysian towards digital world, very good
sounds convenient and efficient
but do not provide topup function in toll (at the same time the toll do not support e-wallet function)
need me myself, walk with my barefoot(with shoes) to the petrol station at the side there for top-up.
Why?just because the topup thingy doesn't make them money? 🤣🤣
Haha beats me! I also wish to see more function to be implemented with the TNG ewallet app, so underused! It has so much potential to make our lives better!
After I saw this Video, I decided to uninstall Touch & Go
Wait wut 😂😂😂
jadi ada saran tidak kat mana yg bagus buat invest money . Dulu pernah invest melalui CP tp rasa tertipu nasib baik 3k je skrg sy waspada sblm invest. Sy ada letak jg 1k je dlm p*incipal tp bknewat Tng baru 1bulan je tdk tahu apa hasilnya.
pulangan tng ni makan pun tak cukup bang 😂
@@ZietInvests ada cadangan lain tak yang lebih baik dari tngo+ ni
invest di indonesia saja lah.. bibit (reksadana = money market), bbca (stock), bbri (stock).. naik terus