Does the RDN balance on Pluang earn interest?
It depends on which RDN bank you chose when opening your Pluang stock account. If your RDN is with Bank Jago, your idle RDN balance earns 2% p.a. yield, credited automatically. If your RDN is with BCA, the balance does not earn any yield.
RDN yield by bank
| RDN Bank | Yield | Notes |
|---|---|---|
| Bank Jago | 2% p.a. | Earned automatically on idle RDN balance |
| BCA | 0% | No interest on RDN balance |
How the Bank Jago RDN yield works
- The 2% p.a. return is earned on any balance sitting in your RDN while it is not invested in stocks
- The yield is calculated daily and credited to your RDN automatically — no action required
- This is a feature of Pluang's partnership with Bank Jago, not a feature of all RDNs
If your RDN is with BCA
- BCA RDN does not earn yield
- If you'd like your idle cash to work harder, consider parking funds in Pluang's Mutual Fund (Reksa Dana) products between stock trades
Related questions:
Q: Is there a product on Pluang where I can earn a return on idle cash?
Yes. If you have a Bank Jago RDN on Pluang, your idle balance earns 2% p.a. automatically. Alternatively, Pluang's Mutual Fund products are available to put idle cash to work.
Q: Is it better not to keep too much cash in a BCA RDN?
If your RDN is with BCA, idle balances earn nothing. Park only the amount you need for near-term trades there; consider putting the rest in a Pluang Mutual Fund product.
Q: Can RDN funds be used for other Pluang products like crypto or mutual funds?
No, not directly. The RDN is exclusively for IDX stock transactions. Other Pluang products use a separate balance.
Q: How do I withdraw unused RDN balance?
You can withdraw your RDN balance to your bank account at any time via the Withdraw menu in the Pluang app.