Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Digital bank Rize, By Al Rajhi Bank

views
     
ericlaiys
post Mar 16 2024, 02:41 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(theevilman1909 @ Mar 15 2024, 04:57 PM)
if you can get units in ASM  devil.gif
*
QUOTE(Lancer07 @ Mar 15 2024, 05:11 PM)
ASM 3 got many open units now, with 100k quota
*
QUOTE(guy3288 @ Mar 16 2024, 01:47 PM)
no problem now ........unlike last time.
*
yeah asm3 can easily bought with 100k quota per individual . However, no interest earn till sept every year. So wont it make sense to put money in asm3 start on july/Aug/sept. after get dividend, then withdraw out and move to other investment platform which able to give you return every month?
ericlaiys
post Mar 16 2024, 04:25 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(victorian @ Mar 16 2024, 03:26 PM)
what do you mean no interest earn till sept? the interest will still be earned, but distributed on sept...
*
out of curiosity, when payout they count based on unit available right?. Price of the unit is same everyday. But do they count available unit per day/month.
I think is count based on last payout day on available unit

This post has been edited by ericlaiys: Mar 16 2024, 04:26 PM
ericlaiys
post Mar 16 2024, 08:06 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(Lancer07 @ Mar 16 2024, 06:33 PM)
You will still earn interest based on pro rate.

If you deposit money in middle of month, only start to get interest by end of next month
*
oh.... good to know. thanks
found the info

The amanah saham malaysia dividend 2024 calculation that has been distributed over the year will be calculated monthly.

However, the payout will take place every financial year. Generally, a.s.m is known as fixed price unit investment.

By mean, it is calculated based on the average sum of minimum balance units every month within the distribution period.

The total of monthly minimum balance units will be multiplied by the dividend rate declared for the particular financial year.

Therefore, the final amount will be the amount of a.s.m dividend payout received by the investors for that current year

This post has been edited by ericlaiys: Mar 16 2024, 08:10 PM
ericlaiys
post Mar 18 2024, 07:45 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(Haloperidol @ Mar 18 2024, 07:36 PM)
Don't think so ..
Personally i felt Rize is just a side project to lure big timer to their main bank...
You deposit large money enough you will get the call...
*
rize is mini project. they aim for big fish. received call and ask me to go priority but so troublesome, must open another acc
ericlaiys
post Mar 18 2024, 10:18 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(virtualgay @ Mar 18 2024, 09:38 PM)
oh same same i pun recevied call ask me put FD join priority
but still 4% for 6 months saja
*
I don't really trust. why don't they leverage on existing system rather than ask to open another ACC. all they can do is provide like fd services. then we decide our own.
feel like scammer. don't expect bank do this

This post has been edited by ericlaiys: Mar 18 2024, 10:19 PM
ericlaiys
post Mar 18 2024, 11:21 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(virulence @ Mar 18 2024, 10:25 PM)
Rize no lock in and interest paid monthly which is very liquid for customers but for them to do that they need to have cash reserves lying around and not profiting so how would they pay us 4%.
*
I mean, they offered another services by calling us and ask to open ACC at main ah rahji

This post has been edited by ericlaiys: Mar 18 2024, 11:22 PM
ericlaiys
post Mar 19 2024, 09:32 AM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(jasontoh @ Mar 19 2024, 09:16 AM)
Yea, I would think the more relevant question is how to close the account if Rize discontinue 4% P.A
*
u can email them. wait 1 month also still not close till u call and chase every week
ericlaiys
post Mar 19 2024, 12:38 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(sjz @ Mar 19 2024, 10:18 AM)
that is very bad  doh.gif  doh.gif

imagine if they chose not to continue the 4% p.a.

how long would it takes for account closure and to get back the final RM20.

do BNM have any guidance or timeline where bank must process closure of account within x period?
*
they don't care...lol
ericlaiys
post Mar 19 2024, 12:40 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(ikanbilis @ Mar 19 2024, 12:20 PM)
Do you have their debit card? They might deduct your balance for the debit card annual fee.
*
then become -8.... u own them money instead
ericlaiys
post Mar 19 2024, 04:43 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(theevilman1909 @ Mar 19 2024, 04:38 PM)
if this happens...

the bank asked us to pay $$$ or what??

send lawyers notices?  hmm.gif
*
no idea. that what happened to those lost money during nov incident
first time I heard people mentioned account saving become negative

This post has been edited by ericlaiys: Mar 19 2024, 04:44 PM
ericlaiys
post Mar 20 2024, 12:49 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(nexona88 @ Mar 20 2024, 11:49 AM)
Then should be around 3% 👌
*
QUOTE(woowoo1 @ Mar 20 2024, 11:53 AM)
If 3%, I will move all the money to gxbank. Their system is stable and daily interest as opposed to monthly interest for rize
*
QUOTE(nexona88 @ Mar 20 2024, 11:55 AM)
For now it's all speculation only...

Need to see what's up with Rize....

No solid news @ info as for now 😁
*
read existing tnc. see what rates it fall to when 4% promo end
ericlaiys
post Mar 20 2024, 12:51 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(!@#$%^ @ Mar 20 2024, 12:50 PM)
with enuf threats they might extend again like previously. chill.
*
in your dream....now left 10 days. doubt so

ericlaiys
post Mar 24 2024, 06:15 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(nick.remember.u @ Mar 24 2024, 02:43 PM)
user posted image
*
tried to search but cannot find. how to buy?
ericlaiys
post Mar 28 2024, 09:04 AM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(victorian @ Mar 28 2024, 08:08 AM)
5% is only for the first 5k, so not sure why will anyone move all their savings to gx bank.

Rize 3.8% is still higher than 3% from gx bank
*
10 pocket with each 5k
total 50k will get 5%
ericlaiys
post Mar 28 2024, 07:51 PM

Look at all my stars!!
*******
Senior Member
7,560 posts

Joined: May 2012


QUOTE(virulence @ Mar 28 2024, 06:53 PM)
I would only park 50k at GXB since I can only create 1 account. The rest still in Rize for 3.8%

GXB could learn from KDI, just give first 50k at 5% and above 50k at 3%. All this hassle to create 10 pockets.
*
Kid no pocket features

8 Pages « < 6 7 8Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0468sec    0.14    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 05:30 AM