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[ShopeePay] Money+ Bonus Campaign FAQ
Only a maximum of Ringgit Malaysia One Thousand (RM1,000) in the Money+ balance is eligible for the Bonus Top Up (“Campaign Balance Limit”).
*The indicative up to 8% p.a. returns include the Eastspring Investments Islamic E-Duit Fund’s performance plus a promotional bonus top up from ShopeePay. Actual fund returns may vary, and the bonus top up is subject to T&Cs. Please review the fund’s prospectus for the associated risks and fees.
Note: This Campaign suspends and replaces the existing Money+ Bonus Campaign for the duration of the Campaign Period.
- Aged 18 years old or older;
- ShopeePay eWallet user who has completed the latest account verification process (standard customer due diligence via eKYC, as required for “Activated” account status) and has a fully activated ShopeePay eWallet account; and
- Does not have United States (“US”) indicia (which means he/she is not a US citizen, US tax resident, born in the US, or a US mailing/permanent address or US telephone number).
- Fund Return: The actual return generated from the underlying Shariah-compliant fund (Eastspring Investments Islamic E-Duit Fund).
- Bonus Top Up: An additional reward of 5% p.a. provided by ShopeePay, irrespective of the Fund Return, and such bonus top up is only applicable for Money+ balance up to a maximum amount of Ringgit Malaysia One Thousand (RM1,000). The bonus top-up is a promotional reward offered by ShopeePay and shall not be considered or interpreted as interest or profit on deposits, or as a guaranteed return on investment. The bonus top up is subject to availability on a first-come, first-served basis until the Campaign budget is fully utilised. For the avoidance of doubt, eligible users will receive a bonus top up of 5% p.a., and such bonus top up is not valid with other campaign bonus top ups, offers, or promotions.
As the Fund Return is not guaranteed and may fall below 3% p.a., your total returns for this Campaign may be less than 8% p.a.
Your funds are invested in the Eastspring Investments Islamic E-Duit Fund, which adheres strictly to Islamic investment principles. This is an Islamic money market fund that accrues daily returns reflected in your cash balance. The fund is managed by Eastspring Investments Berhad, a licensed and regulated fund manager by the Securities Commission Malaysia (“SC”).
Note: ShopeePay's website or app may contain advertisement contents that have not been reviewed by the SC and should not be considered as a recommendation or endorsement by the SC to buy or sell investment products. SC should also not be considered to be associated with any of the investment products.
Step 2: Top Up: Maintain the Minimum Amount in your Money+. The bonus top up will be paid out daily on balances up to the Campaign Balance Limit.
Scenarios | Fund Returns | Bonus Top Up |
User tops up before 2pm (business day) | Credited on the same business day by 9pm | Credited on the same business day by 9pm |
User tops up after 2pm (business day) | Credited on the next business day by 9pm | Credited on the next business day by 9pm |
User tops up before 2pm on a Friday (business day) | Credited on the same business day by 9pm | Credited on the same business day by 9pm |
User tops up after 2pm on a Friday (business day) | Credited on the next business day (Monday) by 9pm | Credited on the next business day (Monday) by 9pm |
Your history is available via the Balance Details section on the Money+ page and can be viewed for up to 90 days.
To view your transactions, follow these steps:
Step 1: Go to the Money+ page.
Step 2: Navigate to Balance Details.
Step 3: On the transaction screen, you can view your history using two tabs:
- The “All Transactions” tab includes your history of Top Ups and Withdrawals.
- The next tab, “Returns”, displays your Daily Returns and Bonus Top Up.
Example for illustration purposes:
Money+ Balance as at the Return Crediting Date | RM1,000 | RM2,000 | RM100 |
Fund Return at 3% p.a. (Not guaranteed, return may vary, for calculation illustration purposes only. Please review the fund’s disclosures for risks and fees.) | 3% | 3% | 3% |
Bonus Top Up at 5% p.a. | 5% | 5% | Not Eligible as minimum balance or RM150 requirement not met |
Daily Return Calculation | - Daily Fund Return: (RM1000 x 3%) / 365 = RM0.0821 - Bonus Top Up: (RM1000 x 5%) / 365 = RM0.1300 - Total Return: RM0.0821 + RM0.1300 = RM0.2121 | - Daily Fund Return: (RM2000 x 3%) / 365 = RM0.1643 - Bonus Top Up: (RM1000 x 5%) / 365 = RM0.1300 - Total Return: RM0.1643 + RM0.1300 = RM0.2943 | Daily Fund Return: (RM100 x 3%) / 365 = RM0.0082 |
Money+ Balance after Return Crediting | RM1,000.21 | RM2,000.29 | RM100.00 |
Using the example above, the following illustrates the mechanism of Fund Return and Bonus Top Up, throughout the Campaign Period:
Day | Thursday | Friday | Saturday | Sunday | Monday |
Day Start Balance | RM0 | RM1,000.21 | RM1,000.42 | RM1,000.42 | RM1,000.42 |
Top Up (Before 2pm on a business day) | RM1,000 | - | - | - | - |
Fund Return at 3% p.a. (Not guaranteed, returns may vary. For calculation illustration purposes only. Please review the fund’s disclosures for associated risks and fees) | RM0.0821 | RM0.0822 | - | - | RM0.2466 |
Bonus Top Up at 5% p.a. | RM0.1300 | RM0.1300 | - | - | RM0.3900 |
Day End Balance | RM1,000.21 | RM1000.42 | RM1000.42 | RM1000.42 | RM1001.06 |
Note: The Day Start Balance and Day End Balance reflect the total Money+ balance, inclusive of all top-ups and withdrawals. If the Money+ balance falls below RM150, it will not be eligible for the bonus top up for that specific day.
12. If the Fund Return exceeds 3% p.a., will my Bonus Top Up reduce to limit the total returns to 8% p.a.?
If the fund return exceeds 3% p.a., you will still receive 5% p.a. Bonus Top Up, subject to Campaign Balance Limit.
If the fund return falls below 3% p.a., you will not receive a total return of 8% p.a. as the Bonus Top Up will only be an additional 5% p.a.
13. How long do I have to maintain the balance in Money+ to be eligible for the campaign?
There is no requirement to maintain the Money+ balance for a certain period to receive the Bonus Top Up. You will receive the Fund Return and Bonus Top Up on a daily basis (credited on business days). The Bonus Top Up is subject to the availability of funds until the Campaign budget is fully utilised.
14. If my ShopeePay account is frozen, will I remain eligible to receive the Bonus Top Up as part of my daily returns?
Should your ShopeePay account be banned, suspended, or frozen, eligibility for the Bonus Top Up will be revoked. Bonus Top Up will not be credited to frozen accounts.