The End of BoostMyMoney: What You Must Do Before March 31
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Boost has officially confirmed that its BoostMyMoney investment service, a partnership with UOB Asset Management (UOBAM), will be discontinued effective 1 March 2026. For users who have been using this Shariah-compliant fund to grow their savings, a transition plan is now necessary.
Timeline of the Shutdown
- 1 March 2026: The service is officially discontinued. You can no longer make new investments or top up your balance.
- 28 February 2026: The final day to withdraw up to 95% of your funds to your Boost Wallet.
- 31 March 2026 (The "End Date"):
- Returns stop accruing on your balance.
- 4:00 PM: The hard deadline for manual self-withdrawals.
- 1 April 2026: Automatic liquidation begins. Funds will be sold and credited to your linked bank account only after a one-month audit.
Alternatives: Boost Bank Special Jars
Boost is pivoting users toward its digital bank. Here are the most relevant alternatives currently available for your funds.
| Jar Type | Interest Rate | Key Terms |
|---|---|---|
| BoostUP Jar | 4.0% p.a. | Capped at RM3,000; requires RM500 monthly spend. |
| Hello 2026 Jar | 3.3% p.a. | Capped at RM100,000; ends 31 March 2026. |
| Unlimited Jar | 3.3% p.a. | No individual deposit limit; daily credited. |
Compare Your Returns
Not sure which digital bank offers the best growth for your specific deposit amount? Use our calculator to compare Boost Bank, GXBank, and AEON Bank returns side-by-side.
Step-by-Step Withdrawal Guide
- Access the Hub: Open the Boost App, go to the "More" page, and tap on the BoostMyMoney icon.
- Cash Out: Select the "Cash Out" option.
- Choose Destination: While you can withdraw up to 95% to your wallet until 28 February, we strongly recommend choosing Bank Account or Boost Bank for a full 100% withdrawal.
- Verify Linking: If you do not have a bank account linked, do it immediately. Without a pre-set destination, your funds will be stuck in an administrative loop after 1 April.
DuitWise Suggestion
The "Convenience Trap"
Do not rely on the automatic liquidation. While it sounds easy, the one-month audit period means your money will be earning zero interest while sitting in limbo throughout April 2026.
Our advice: Manually withdraw everything by the third week of March to ensure you can re-invest it immediately into a high-yield account like the GXBank Bonus Pockets or Boost's Unlimited Jar.