hmm... since i open acc today, i should try to place RM5k today and see if i receive 5% interest on 1 Oct then..

other digital bank players are coming up soon, likely they will do something similar or better to acquire customers

If they desperate enough 😁

even they dont extend most likely they will just keep the 4% there

4% is still better than most banks offering

Digital banking like Rize can always afford to give better rate compare to conventional bank as no branch cost and ATM cost.

Major cost to bear only IT and customer service

Keen to see how the 5 digibank licensees will bring to the table, starting with GXSBank

u can benchmark GXS from singapore
they give like 2.7% and their OPR is 4% LOL!!!
https://www.gxs.com.sg/save

Can't compare that way.. most of their bank FDs were 1% when ours were 3% for quite some years .

I did not order the card, still getting 5%. Btw, why do you want to order the card?

This post has been edited by jasontoh: Sep 14 2023, 12:15 AM

what i want to deliver is they wont go higher than their OPR

This is mainly due to the tnc on eligibility to get the campaign interest rate of 5%...

Anyone face issue login Rize app? Error says:
Unable to log in. Please check your internet connection

Just to check if affects all or just me. Reported to CS

no issue login in... quite smooth...

maybe ur internet not stable.

Able to logon...slightly slow.

Just tried login will password instead of biometric, no problem now, can login can transfer

Login with biometric need more bandwidth meh??

Which phone you are using? Although I enable the Biometric, somehow I always need to key in password to login on my phone

I don't realize there is this tnc to get 5%, but so far me and my wife getting 5%

is there any max capped amount for 4%?
Understand first 5k is 5%, subsequent is 4%.. since most bank FD below 4%, maybe can just park the fund to rize first...

4% unlimited

But bear in mind pidm coverage is up to 250k