Terms and Conditions of KDI Campaigns

“KDI INVEST DEPOSIT PROGRAMME: 6.5% P.A.”
(“TERMS AND CONDITIONS”)

The KDI Invest Deposit Programme: 6.5% p.a. (“Programme”) is open to all new and existing customers of KDI (“Participant”). The Programme shall take place from 18 January 2026 until 31 December 2026 (“Programme Period”). By participating in this Programme, the Participants agree and accept these Terms and Conditions. Unless the context otherwise requires, the following terms shall have the corresponding meanings indicated below:

“Adjusted Eligible Deposit ” means the amount adjusted to an Eligible Deposit after the Holding Period for the purposes of determining the Eligible Amount, in accordance with Paragraph 6 below;
“Bonus Interest” means the bonus interest with a total effective return of 6.5% p.a. for one hundred twenty (120) days, that will be credited into a Participant’s KDI Save account, the amount of which shall be calculated based on the formula below:

Bonus interest = Eligible Amount x (6.5% – KDI Save Effective Rate) x (Holding period / 365)
“Deposit” has the meaning ascribed to it in Paragraph 1(a);
“Eligible Deposit” means a Deposit that is deemed eligible under this Programme in accordance with the eligibility requirements set out in Section B of these terms and conditions;
“Eligible Amount” means the amount in which the Bonus Interest will be calculated in accordance with Paragraph 8 below;
“Holding Period” means one hundred twenty (120) days from the date a Deposit is made;
“Kenanga” means Kenanga Investment Bank Berhad;
“KDI” refers to the digital investment management services provided by Kenanga Investment Bank Berhad known as Kenanga Digital Investing;
“KDI Invest” refers to the exchange traded funds portfolio available on KDI;
“KDI Save” refers to cash management solutions offered by KDI;
“Participant” means a participant of this Programme;
“Programme” means this KDI Invest Deposit Programme: 6.5% p.a.;
“Programme Period” means the period of 18 January 2026 to 31 December 2026 (both dates inclusive); and
“Withdrawal” means any withdrawals made from a Participant’s KDI Invest account, whether to the Participant’s own bank account or via a transfer to a Participant’s KDI Save Account.

OVERVIEW

These terms and conditions are divided into three sections as follows:

Section A – Programme Mechanics: Explains who can join and the minimum conditions for participating in this Programme.

Section B – Eligibility of Deposits: Explains how deposits may become eligible based on any Withdrawals made during a Holding Period.

Section C – Calculation of Bonus Interest: Shows how bonus interest is computed based on the Eligible Amount.

A. PROGRAMME MECHANICS

    1. To be eligible to participate in the Programme, Participants must:
      1. deposit a minimum of RM3,000 into their KDI Invest account in a single transaction at any time during the Programme Period via a cash deposit from the Participant’s own bank account or via a transfer from the Participant’s KDI Save account (“Deposit”); and
      2. ensure that there is a cash balance in both their KDI Invest and KDI Save account at the end of each Holding Period.

    • Note 1: A Participant may make multiple Deposits provided that each Deposit is a minimum of RM3,000. Each Deposit made on separate days will entitle the Participant to a separate Bonus Interest. For the avoidance of doubt, multiple Deposits made in a single day will be accumulated and be treated as a single Deposit and Deposits cannot be aggregated across different days.

    Illustration:

    Participant X deposits RM1,000 on Day 1 and RM2,000 on Day 2. These two deposits cannot be combined to meet the RM3,000 minimum requirement and are therefore not eligible.

    However, if Participant X deposits RM1,000 on Day 1 and RM6,000 on Day 2, the RM6,000 deposit qualifies as a separate Eligible Deposit because it meets the minimum requirement of RM3,000.

    Note 2: Each Deposit made shall have its own Holding Period.

    B. ELIGIBILITY OF DEPOSITS

    1. A Deposit shall be deemed eligible under this Programme (“Eligible Deposit”):
      1. if the Deposit is made in a single transaction of at least RM3,000 at any time during the Programme Period;
      2. if the Deposit is made into the Participant’s KDI Invest account during the Programme Period via a cash deposit from the Participant’s own bank account or via a transfer from the Participant’s KDI Save account; and
      3. where any Withdrawals are made during the Programme Period, the Deposit results in an amount that is at least RM 3,000 in excess of the previous highest balance recorded before such Withdrawal was made by the Participant during the Programme Period.
    1. Any Deposit made after a Withdrawal shall first be applied to restore the account balance of the Participant’s KDI Invest Account to the previous highest balance recorded before such Withdrawal was made during the Programme Period. Only the portion of the Deposit which exceeds the previous highest balance shall be deemed eligible under this Programme.

    • Illustration of Scenario A: Participant X is a new customer of KDI Invest with no existing balance in their KDI Invest Account as at 18 January 2026 (“Day 1”).

    Day 1: Participant X deposits RM10,000 (“Deposit 1”). Holding Period for this deposit starts on Day 1.

    Day 5: Participant X withdraws RM3,000.

    Day 10: Participant X deposits RM20,000 (“Deposit 2”). Before eligibility is calculated, RM3,000 restores the previous highest balance of RM10,000. The remaining RM17,000 qualifies for Bonus Interest. Holding Period for this Deposit 2 starts on Day 10.

    Day 15: Participant X withdraws RM5,000.

    Day 100: Participant X deposits RM1,000. RM1,000 partially restores the shortfall from Day 15. This deposit does not qualify for the Programme.

    Day 115: Participant X deposits RM30,000 (“Deposit 3”). RM4,000 restores the shortfall from Day 15 and Day 100, leaving RM26,000 to qualify for Bonus Interest. Holding Period for this Deposit 3 starts on Day 115.

    Illustration of Scenario B: Participant Y is an existing customer of KDI Invest with RM20,000 in their KDI Invest account as at 18 January 2026 (“Day 1”).

    Day 1: Participant Y has RM20,000 in their KDI Invest account.

    Day 2: Participant Y withdraws RM10,000.

    Day 3: Participant Y deposits RM3,000 (“Deposit 1”). Deposit 1 does not qualify for Bonus Interest as the balance after Withdrawal is less than the previous account balance as at Day 1.

    1. Kenanga may at its sole discretion reject any Deposits made. Only successful Eligible Deposits will entitle a Participant to the Bonus Interest.
    2. For the avoidance of doubt, any fluctuation in value, whether due to investment losses or gains, at the end of the Holding Period shall not affect the eligibility of a Deposit, which shall be determined based on the original Deposit amount.

    C. CALCULATION OF BONUS INTEREST

    1. In the event that a Participant effects any Withdrawal from their KDI Invest account during the Programme Period, the amount of all Eligible Deposits made during a Holding Period, shall be adjusted by deducting the total amount withdrawn from each Eligible Deposit during the Holding Period (“Adjusted Eligible Deposit”).

    Illustration based on Scenario A (see Paragraph 3 above)

    Deposit 1: RM10,000 − RM8,000 (Total Withdrawals during its Holding Period on “Day 1” and “Day 15”) = RM2,000. Bonus Interest applies on RM2,000.

    Deposit 2: RM17,000 − RM5,000 (Total Withdrawals during its Holding Period on “Day 15”) = RM12,000. Bonus Interest applies on RM12,000.

    Deposit 3: RM26,000 (No Withdrawals after Day 115). Bonus Interest applies on RM26,000.

    1. The Adjusted Eligible Deposit does not affect the eligibility of a Deposit. It is the amount in which a Bonus Interest will be applied to. This means that even if the Adjusted Eligible Deposit is less than the minimum required amount of RM3,000, the Bonus Interest shall still apply.
    2. The Bonus Interest shall be applied in respect of the amount that is the lower of the following two amounts (the “Eligible Amount”):
      1. the amount of the Adjusted Eligible Deposit in the KDI Invest account determined at the end of a Holding Period applicable to the corresponding Deposit; and
      2. the balance in the Participant’s KDI Save account as at the end of the same Holding Period for that Deposit.

    Examples of possible scenarios are as illustrated below:

    KDI Save Balance Adjusted Eligible Deposit Effective Annual Return Promotional Bonus Interest (before annualised) Annualised Bonus Top up on Eligible Balance Total Effective Returns Calculation of Bonus Interest
    RM5,000 RM5,000 4.000% 2.500% 0.822% 4.822% Where the balance amount in KDI Save matches the Adjusted Eligible Deposit, the Bonus Interest will be calculated based on the balance amount in KDI Save.
    RM100,000 RM50,000 4.000% 2.500% 0.8219% 4.161% Where the balance amount in KDI Save is more than Adjusted Eligible Deposit, then the Bonus Interest will be calculated based on the Adjusted Eligible Deposit amount.
    RM100,000 RM60,000 3.917% 2.583% 0.849% 4.260% Where the balance amount in KDI Save is more than Adjusted Eligible Deposit, then the Bonus Interest will be calculated based on the Adjusted Eligible Deposit amount.
    RM200,000 RM500,000 3.625% 2.875% 0.945% 4.570% Where the balance amount in KDI Save is less than Adjusted Eligible Deposit, then the Bonus Interest will be calculated based on the amount in KDI Save.


    Illustration 1: Participant A has an existing KDI Save balance of RM20,000

    Day 1: Participant A deposits RM10,000 into KDI Invest.

    Day 9: Participant A deposits another RM10,000 into KDI Invest. No further deposits or withdrawals are made during the Holding Period.

    Participant A earns +2.5% p.a. pro-rated bonus interest on the first RM10,000 after 120 days and another +2.5% p.a. pro-rated bonus interest on the second RM10,000 after 120 days.

    Illustration 2: Participant B has an existing KDI Save balance of RM5,000

    Day 1: Participant B deposits RM50,000 into KDI Invest.

    Day 1 (same day): Participant B tops up KDI Save with RM45,000, bringing the total KDI Save balance to RM50,000. No further deposits or withdrawals are made during the Holding Period.

    Participant B earns +2.5% p.a. pro-rated bonus interest on the total RM50,000 for 120 days.

    1. The Bonus Interest will be deposited automatically into their KDI Save account within ninety (90) calendar days from the last day of the calendar month of each relevant Holding Period, or on such further date as may be determined by Kenanga at its sole discretion. The Bonus Interest will be annualised at each payout period.

    General Terms and Conditions

    1. Kenanga reserves the right to amend, modify or replace these Terms and Conditions at any time.
    1. Kenanga reserves the right to make further verifications and request for further personal identification details and documents, as well as the right to disqualify or withdraw the Participant’s eligibility to participate in the Programme at any time.
    1. All decisions regarding the Programme, including but not limited to the determination of the Bonus Interest, Eligible Deposit, Eligible Amount and Adjusted Eligible Deposit shall be made at the sole and absolute discretion of Kenanga, of which are final and binding and no such queries, appeals and/or correspondences will be entertained.
    1. Kenanga reserves the right to cancel, shorten, extend, suspend or terminate the Programme at any time, and the cancellation, extension, suspension or termination of the Programme shall not entitle a Participant to claim any compensation from Kenanga for any and all losses or damages suffered or incurred by a Participant as a result of the said cancellation, extension, suspension or termination.
    1. In the event an eligible Participant fails to comply with any terms and conditions of this Programme, Kenanga may in its sole discretion disqualify the Participant from receiving any bonus interest under this Programme.
    1. Kenanga shall not be liable for any claim made by a Participant or for third-party claims or losses of any nature, including but not limited to, loss of profits, punitive, indirect, special, incidental, or consequential damages or for other damages and any related claims of any nature, including direct, indirect, third party, consequential or other damages resulting from or in connection with this Programme.
    1. Kenanga shall not be liable for loss or damage to property or any personal injury or loss of life resulting from or in connection with this Programme.
    1. The Participant acknowledges and agrees that Kenanga reserves the right to disqualify the Participant’s participation in the Programme if (i) the Participant is found or suspected of tampering with the Programme mechanics or the operation of the Programme; (ii) the Participant is found or suspected of undertaking fraudulent activities or other activities harmful to the Programme; or (iii) the Participant is in breach of its obligations or any terms and conditions of this Programme or the terms and conditions set out in Paragraph 20 Notwithstanding the above, Kenanga reserves the right to disqualify, cancel, reject any participation, and to cancel, withdraw or recall any reward(s) granted at its sole and absolute discretion without assigning any reasons whatsoever. Kenanga shall have the right to initiate any action deemed necessary against the said Participant.
    1. Kenanga does not take any responsibility in the event a Participant is prevented from participating in the Programme as a result of certain technical restrictions or other limitations specific or force majeure including but not limited to regulatory and/or government directive, act of God etc.
    1. By participating in the Programme, the Participants agree to receive program and informational communications from Kenanga, including emails, SMS, or other forms of communication.
    1. This Programme is subject to the general terms and conditions available at:
    1. In the event of any discrepancies, the terms and conditions set out in Paragraph 20 above shall prevail.