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 Digital bank Rize, By Al Rajhi Bank

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xander2k8
post Sep 15 2023, 03:47 PM

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QUOTE(virtualgay @ Sep 14 2023, 12:01 AM)
u can benchmark GXS from singapore
they give like 2.7% and their OPR is 4% LOL!!!
https://www.gxs.com.sg/save

user posted image
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MAS cash rate is at 3.68% 🤦‍♀️ not 4%

GXS already cash in 100 basis points as their profit and operating expenses hence why the rate is given
ronnie
post Sep 18 2023, 11:35 AM

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another new contest to win BYD Dolphin ER as Grand Prize.
Increase your Monthly Average Balance by RM500/RM1000

https://www.rize.com.my/application/themes/...ectrify_tnc.pdf

This post has been edited by ronnie: Sep 18 2023, 11:36 AM
Optizorb
post Sep 18 2023, 01:27 PM

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QUOTE(ronnie @ Sep 18 2023, 11:35 AM)
another new contest to win BYD Dolphin ER as Grand Prize.
Increase your Monthly Average Balance by RM500/RM1000

https://www.rize.com.my/application/themes/...ectrify_tnc.pdf
*
no wonder rize keep having interest/profit distribution problems.
They hire monkeys to do maths over at rize.

I present to you, rize fail TNC calculation strikes again!
QUOTE
Monthly average incremental balance (MAIB) of RM500 = 5 entries
Monthly average incremental balance (MAIB) of RM1000 = 15 entries


user posted image
in their example in TNC, if September MAB = 15000, and October MAB = 20000.
Means there is MAIB of 5000. and for every 1000 MAIB you get 15 entries. therefore should be 5 x 15 = 75 entries

and total entries would be 200 + 75 = 275.
But yet they calculate 72 and total 272. whistling.gif

anyway this is not first time their own TNC given totally fail calculations.
this is another fail calculation in their TNC for the 5% and 4% promo.

0.68 + 0.56 = 1.24, but they wrote 1.38 whistling.gif

user posted image

This post has been edited by Optizorb: Sep 18 2023, 02:41 PM
ronnie
post Sep 18 2023, 01:53 PM

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somebody had C6 in maths...
ericlaiys
post Sep 18 2023, 02:25 PM

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QUOTE(Optizorb @ Sep 18 2023, 01:27 PM)
no wonder rize keep having interest/profit distribution problems.
They hire monkeys to do maths over at rize.

I present to you, rize fail TNC calculation strikes again!
user posted image
in their example in TNC, if September MAB = 15000, and October MAB = 20000.
Means there is MAIB of 5000. and for every 1000 MAIB you get 15 entries. therefore should be 5 x 15 = 75 entries

and total entries would be 200 + 75 = 275.
But yet they calculate 72 and total 272.  whistling.gif

anyway this is not first time their own TNC given totally fail calculations.
this is another fail calculation in their TNC for the 5% and 4% promo.

0.68 + 0.56 = 1.24, but they wrote 1.38  whistling.gif

user posted image
*
QUOTE(ronnie @ Sep 18 2023, 01:53 PM)
somebody had C6 in maths...
*
must be majority all put 5k only.

TSikanbilis
post Sep 18 2023, 02:28 PM

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QUOTE(ericlaiys @ Sep 18 2023, 02:25 PM)
must be majority all put 5k only.
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Instead of car lucky draw i would prefer if they give higher quota say first 30k 5% tongue.gif
Optizorb
post Sep 18 2023, 02:52 PM

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QUOTE(ikanbilis @ Sep 18 2023, 02:28 PM)
Instead of car lucky draw i would prefer if they give higher quota say first 30k 5%  tongue.gif
*
cant even count on them to calculate the #entries correctly rclxs0.gif rclxs0.gif

so later all count the #entries lower amount than what people supposed to get and end up no winner.

cause "winner" already decided internally anyway laugh.gif laugh.gif

This post has been edited by Optizorb: Sep 18 2023, 02:53 PM
ronnie
post Sep 18 2023, 03:20 PM

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QUOTE(Optizorb @ Sep 18 2023, 02:52 PM)
cant even count on them to calculate the #entries correctly  rclxs0.gif  rclxs0.gif

so later all count the #entries lower amount than what people supposed to get and end up no winner.

cause "winner" already decided internally anyway  laugh.gif  laugh.gif
*
probably.... not any of us in LYN
xander2k8
post Sep 18 2023, 04:41 PM

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QUOTE(Optizorb @ Sep 18 2023, 02:52 PM)
cant even count on them to calculate the #entries correctly  rclxs0.gif  rclxs0.gif

so later all count the #entries lower amount than what people supposed to get and end up no winner.

cause "winner" already decided internally anyway  laugh.gif  laugh.gif
*
Already seems fixed form the start 🤦‍♀️ even the apple and Samsung contests already settled internally from the start
ASoulNamedLeo
post Sep 19 2023, 03:16 AM

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Hi, about the Rize app, is there any way to turn off the annoying start up sound when using the app?

Btw using the Android app

I'm more used to silent banking apps like Public Bank, Maybank and OCBC Bank

This post has been edited by ASoulNamedLeo: Sep 19 2023, 03:17 AM
cybpsych
post Sep 19 2023, 07:35 AM

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QUOTE(ASoulNamedLeo @ Sep 19 2023, 03:16 AM)
Hi, about the Rize app, is there any way to turn off the annoying start up sound when using the app?

Btw using the Android app

I'm more used to silent banking apps like Public Bank, Maybank and OCBC Bank
*
unfortunately, no
ronnie
post Sep 19 2023, 08:06 AM

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QUOTE(ASoulNamedLeo @ Sep 19 2023, 03:16 AM)
Hi, about the Rize app, is there any way to turn off the annoying start up sound when using the app?

Btw using the Android app

I'm more used to silent banking apps like Public Bank, Maybank and OCBC Bank
*
lower volume of the phone to zero hahahaha
jkngo2003
post Sep 19 2023, 08:33 AM

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i store 100k rm in rize at 1st sept 2023. if i withdraw rm 95k rm in 30sept , do i still get 4percent/12 x 100k for 29 days?

This post has been edited by jkngo2003: Sep 19 2023, 08:33 AM
cybpsych
post Sep 19 2023, 08:55 AM

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QUOTE(jkngo2003 @ Sep 19 2023, 08:33 AM)
i store 100k rm in rize at 1st sept 2023. if i withdraw rm 95k rm in 30sept , do i still get 4percent/12 x 100k for 29 days?
*
read clause 3b and the examples

https://www.rize.com.my/application/themes/...OTICE_Final.pdf
1mr3tard3d
post Sep 19 2023, 09:53 AM

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QUOTE(jkngo2003 @ Sep 19 2023, 08:33 AM)
i store 100k rm in rize at 1st sept 2023. if i withdraw rm 95k rm in 30sept , do i still get 4percent/12 x 100k for 29 days?
*
u will get 4percent/365 x 95k for 29 days + 5percent/365 x 5k for 30 days
4percent/12 --> 29 months lol.gif
virtualgay
post Sep 19 2023, 09:56 AM

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QUOTE(jkngo2003 @ Sep 19 2023, 08:33 AM)
i store 100k rm in rize at 1st sept 2023. if i withdraw rm 95k rm in 30sept , do i still get 4percent/12 x 100k for 29 days?
*
daily interest calculation so dont worry
sure will get
!@#$%^
post Sep 19 2023, 11:41 AM

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QUOTE(ASoulNamedLeo @ Sep 19 2023, 03:16 AM)
Hi, about the Rize app, is there any way to turn off the annoying start up sound when using the app?

Btw using the Android app

I'm more used to silent banking apps like Public Bank, Maybank and OCBC Bank
*
feedback to them. shouldn't let the whole world know we are signing into our banking app.
virtualgay
post Sep 19 2023, 12:13 PM

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QUOTE(!@#$%^ @ Sep 19 2023, 11:41 AM)
feedback to them. shouldn't let the whole world know we are signing into our banking app.
*
doon dooon dooo doooon doooooong
ronnie
post Sep 19 2023, 02:24 PM

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QUOTE(!@#$%^ @ Sep 19 2023, 11:41 AM)
feedback to them. shouldn't let the whole world know we are signing into our banking app.
*
marketing team idea hahahaha
ASoulNamedLeo
post Sep 19 2023, 10:50 PM

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QUOTE(!@#$%^ @ Sep 19 2023, 11:41 AM)
feedback to them. shouldn't let the whole world know we are signing into our banking app.
*
Yeah, I already sent them an email, and they said they'll take note of the feedback.

I suggest all forummers do the same so that they have demand to implement it in the next update.

I at least want a toggle to turn off the startup sound.

This post has been edited by ASoulNamedLeo: Sep 19 2023, 10:51 PM

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