Best Money Market Fund in Malaysia (2026): Webull vs Versa vs Moomoo Comparison

Last Updated: 4 January 2026

If you are letting your emergency fund sit in a standard savings account earning 0.2% interest, you are losing money to inflation.

In 2026, the competition between digital investment platforms has intensified, and some of the best money market fund in Malaysia now offers up to 6.0% p.a. guaranteed returns. That is significantly higher than even the best fixed deposits in Malaysia right now.

But with so many options (Webull, Moomoo, Versa, KDI, TNG GO+, GXBank), it is hard to know which one is safe and which one actually pays the most.

At Better With Ringgit, we believe in making smart financial choices. We tested and compared the top 5 Money Market Fund platforms in Malaysia to find the best place to park your cash this year.

If you are in a rush, here is the summary. These are the current promotional rates as of January 2026.

Platform	Rate	Limit	Bonus Reward	Link
Webull	6.0% 90 Days	RM 200k	RM 200 Cash Dep RM1k	Get Offer
Moomoo	6.0% 30 Days	RM 30k	RM 200 – RM 1k Dep RM1k+	Get Offer
Versa Cash	4.2%* Ongoing	RM 30k	RM 10 Bonus Code: 7DP9797J	Download

Best For: Maximising returns on large capital (Up to RM200k).

If you have a substantial emergency fund or savings (e.g. RM50,000 to RM200,000), Webull offers the best value for 2026.

While other platforms cap their high interest rates at small amounts like RM10,000 or RM30,000, Webull allows you to earn their promotional rate on a much higher RM200,000 limit.

Best For: Grabbing fast cash bonuses.

While Webull is ideal for interest returns, Moomoo offers the best welcome rewards for new users.

You do not need to choose between them and Webull. You can use both. Open Moomoo specifically to claim the sign-up bonus, then keep your main funds elsewhere if you prefer longer-term rates.

Moomoo offers tiered rewards based on your deposit amount. You get one of the following: Option A (Low Entry): Deposit just RM1,000 to get a RM200 Cash Coupon. Option B (High Reward): Deposit RM10,000 to get 1x Apple Share (worth over RM1,000).

Even if Webull is your main choice as the best money market fund in Malaysia, it still makes sense to open a Moomoo account just to grab the high welcome rewards. Deposit RM1,000 or RM10,000 to claim the freebies, as the return on investment from the rewards alone is substantial.

Best for Long-Term: Versa Cash

Best For: Passive savers who want consistent rates.

Versa was one of the first digital cash management platforms in Malaysia. Unlike the brokers (Webull/Moomoo) who use high rates to attract traders, Versa is designed purely for saving.

Rate: 4.2% p.a. (via Promo Campaigns/Quests). Base Rate: ~3.47% p.a. (if no promo). Cap: RM30,000 (varies by campaign).

Versa runs “Quests”. For example, the current “2026 Starter Quest” or “Fixed Rate Quest” allows you to lock in approx. 4.2% returns. Even without the quest, their base rate of 3.47% (as of Jan 2026) is consistently higher than TNG GO+ and GXBank.

This is a solid option for funds you want to keep separate from your trading accounts, or for continued growth after other promos expire.

Other Options: KDI Save, GXBank & TNG GO+

KDI Save (Kenanga Digital Investing): Rate: 4.0% p.a. (Fixed) on the first RM50,000. It offers a flat rate without requirements. If you prefer a platform that does not require joining campaigns or quests, this is a straightforward choice.

GXBank (Digital Bank): Rate: 2.0% p.a. (Calculated daily). It is PIDM protected (up to RM250,000). As a licensed bank, it offers higher security than investment funds, making it suitable for absolute safety rather than growth.

TNG GO+: Rate: ~3.4% p.a. Convenience. It is useful for keeping small amounts (RM500-RM1,000) for tolls, parking, and daily transactions.

Our 2026 Strategy

To maximise interest this year, we are using a tiered approach rather than a single platform.

For 2026, Webull is currently our top pick for anyone looking for the best money market fund in Malaysia on large balances between RM50,000 and RM200,000. This locks in 6.0% p.a. for a full 90 days.

Bonus Capital (Moomoo): We deposited a separate RM10,000 into Moomoo. Reason: To claim the Free Apple Share. This provides an instant return on capital regardless of the interest rate.

Long Term (Versa/KDI): Once the 90-day Webull promo expires in April or May, we will roll the funds into Versa Cash or KDI Save to maintain a rate of 4.0% – 4.2% for the remainder of the year.I

Ready to Start Earning?

Step 1: Move your main savings to Webull for the highest interest.

Step 2: Grab your free RM200 or RM1,000 bonus from Moomoo.

Step 3: Set up Versa for the long term. (Code: 7DP9797)

Disclaimer: The information above is for educational purposes and does not constitute financial advice. Interest rates are accurate as of January 2026 and subject to change by the respective platforms.