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Introducing BoostMyMoney

BoostMyMoney, an investment platform that allows users to invest in a Shariah-compliant fund managed by UOB Asset Management Malaysia, is the solution to growing your savings at an attractive returns rate, through the Boost app! Get started with as little as RM1 and watch your savings get boosted, while earning exclusive loyalty rewards for every Ringgit saved, and enjoying the freedom to access your money whenever you need it. Start growing your savings with BoostMyMoney today! 
 

 

 

Save Now

 

Why save with BoostMyMoney?

Attractive Returns

Earn attractive returns, equivalent to a fixed deposit on your savings and see it grow daily!

Low Minimum Deposit

Kickstart your financial savings journey with a minimum deposit of only RM1.

Earn Points as you Save

The only savings in town that rewards you with Loyalty Points (Boost Stars) for every ringgit you save. The longer and more you save, the greater your rewards!

Flexibility to access your money

Enjoy the freedom to withdraw your funds anytime without losing investment gains.

Secure, Low-risk and Shariah-compliant

The Shariah-compliant fund on BoostMyMoney platform is managed by UOB Asset Management Malaysia.

Unlock the power of your savings with our exclusive loyalty program!

Earn up to 3x Boost Stars for every RM1 saved, simply by maintaining a minimum of RM500 Monthly Average Balance (MAB). The longer and more you save, the greater your rewards

Limited-Time Offer

Sign up now & earn MORE rewards with your first deposit today!

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Get FREE RM15 CHAGEE voucher

Kickstart your savings journey and enjoy a FREE delicious tea on us! It's the perfect treat to accompany your financial growth. Simply deposit and maintain a minimum balance of RM100 for at least 5 days to get your treat!

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AND, Bonus 6,500 Boost Stars!

Make a first deposit of minimum RM500 and maintain the amount of at least 5 days to enjoy FREE Chagee drink (first come, first served) and earn 6,500 Boost Stars to redeem rewards as good as cash! Use Boost Stars to enjoy extra savings and discounts on bills, groceries, petrol & redeem your desired items on BoostUP Catalogue.

Powered by UOB Asset Management

Your money is in the hands of investment experts

✔ BoostMyMoney invests in Shariah-compliant fund managed by UOB Asset Management Malaysia (UOBAMM)

✔ With more than 20years of expertise, UOBAMM delivers fund management and advisory services, catering to the diverse needs of institutional and retail clients

✔ UOBAMM’s skilled investment management contribute to the potential of your daily earnings

Frequently Asked Questions

BoostMyMoney is an investment platform offered on the Boost app in partnership with UOB Asset Management (Malaysia) Berhad (“UOBAM”) and is designed to allow users to earn potential returns on their BoostMyMoney balance. The underlying fund for BoostMyMoney investment platform is the United Islamic Cash Management Fund (“Fund”) – a Shariah-compliant Money market Fund managed by UOBAM that aims to provide investors with liquidity and income. The Fund is owned by UOBAM and Boost serves only as a platform provider to enable customers to invest in the UOBAM Fund .

a. Convenient way to start investing from as low as RM1

b. Shariah-compliant

c. Potential investment returns

d. Safe and secure platform

e. No lock-in period, giving you the flexibility to access your money at anytime

f. Additional perks and loyalty rewards

Shariah-compliant investments are investments based on the principles of Islamic finance. The underlying fund for BoostMyMoney is the United Islamic Cash Management Fund (“Fund”) – a Shariah-compliant Money market Fund managed by UOBAM

No, the funds are not protected by PIDM, but any investment or capital/money market fund is regulated by the Securities Commission Malaysia (SC).

BoostMyMoney welcomes participation from eligible individuals in Malaysia. To be qualified, you must fulfil the following criteria:

a. Boost Premium User: You need to be a registered Boost Premium user. If you're not a Boost Premium user, you can upgrade for FREE to a Premium wallet by simply going to ‘Profile’ page on Boost app and clicking on ‘Upgrade to Premium Wallet’

b. Age Requirement: You must be at least 18 years old.

c. Account Verification: You must have completed the BoostMyMoney onboarding process.

Open the Boost app and locate the BoostMyMoney icon on the Boost app homepage.

For Boost Basic Wallet Users:

You are required to upgrade your Basic account to Premium wallet for FREE (and unlock additional benefits) before using BoostMyMoney.

i. Click on the BoostMyMoney icon on Boost app homepage.

ii. Complete your Profile by verifying your identity (ID) with EKYC

iii. When you receive a notification that your ID is verified, proceed to provide us with your additional details.

iv. Once your Profile is Complete, you are an approved Premium wallet user!

v. Create your BoostMyMoney Account by answering a few more questions and submit.

vi. You will be notified that your BoostMyMoney account is created, and you can perform your first deposit to initiate your BoostMyMoney experience.

vii. You can view your BoostMyMoney dashboard.

For Boost Premium Wallet Users:

As our Boost Premium Wallet users, you have the privilege to use BoostMyMoney almost immediately.

i. Click on the BoostMyMoney icon on Boost app homepage.

ii. If your Profile is not complete, you will need to provide us with your additional details.

iii. Once your Profile is complete, start by clicking “Create BoostMyMoney Account,” answer a few questions, and submit.

iv. You will be notified that your BoostMyMoney account is created, and you can perform your first deposit to initiate your BoostMyMoney experience.

v. You can view your BoostMyMoney dashboard.

For Existing BoostMyMoney Users:

i. Click on the BoostMyMoney icon on Boost app homepage.

ii. You can view your BoostMyMoney dashboard.

iii. Select the "Deposit" feature and use your Boost Wallet balance to make investments via BoostMyMoney.

With these steps, you can kickstart your investment journey by depositing as low as RM1 and witness the power of sikit-sikit, lama-lama jadi bukit with BoostMyMoney. Watch your investment grow over time and work towards achieving your financial goals!

Earning Rate is a projected/estimated gross return rate (excluding Management and Trustee fees) per annum for your investment in the United Islamic Cash Management Fund over the next 12 months.

For example,

Earning Rate

3.8% per annum

Fee Deduction

 

Management Fees

(-) 0.5% per annum

Trustee Fees

(-) 0.025% per annum

 

 

Projected Net Earning Rate / Returns

3.275% per annum


Important Disclaimer:

  • Please note that the earnings/returns mentioned above are projections and are subject to potential changes in Net Asset Value (NAV).
  • Any investment involves risks, and past performances are not indicative of any guaranteed future results.

You may earn additional rewards according to the tier you have achieved. Higher tiers will provide more rewards:

Tier

Month

Loyalty Reward Multiplier (RM1 = X Stars)

1

1 – 4 month

1

2

5 – 8 month

2

3

9 – 12 month

3


For example,

Let's assume you join the loyalty program in January, and for the first four months (January, February, March, and April), you are in Tier 1. During this period, for every RM1 of minimum average balance you have achieved, you earn 1 Star. So, if you retain a minimum average balance of RM500 in January, you will earn 500 Stars.

After reaching Month 5 (May), you progress to Tier 2. From May to August, for every RM1 minimum average balance, you earn 2x Stars. For example, your minimum average balance is RM200 in May, you would earn 400 Stars.

Yes, there are some fees associated with investing in BoostMyMoney:

a. Annual Management Fee - up to 0.5% per annum of the Net Asset Value (NAV) of the fund, calculated and accrued daily.

b. Trustee Fee - Up to 0.04% per annum of the NAV of the Fund, subject to a minimum of RM6,000 per annum, calculated and accrued daily.

c. If your account is dormant for more than one year without any transactions, a RM8 fee will be imposed to the account. Make at least one transaction within the year to keep the account active. This fee is currently waived until further notice.

Yes, Boost (Axiata Digital Ecode) is registered with the Securities Commission Malaysia (SC) as an Electronic Service Provider (eSP) operator to provide BoostMyMoney as an investment platform. BoostMyMoney allows Boost users to invest in the UOBAM United Islamic Cash Management Fund, which is regulated by the SC.