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 Digital bank Rize, By Al Rajhi Bank

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victorian
post Mar 13 2024, 05:33 PM

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QUOTE(BWassup @ Mar 13 2024, 05:23 PM)
Maybe reduce to 3.75% until June. Just my 2 sen laugh.gif
*
I will be happy if they reduced to 3.75% because I can't even finish the quota of KDI and Versa tongue.gif
nexona88
post Mar 13 2024, 06:03 PM

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QUOTE(BWassup @ Mar 13 2024, 05:23 PM)
Maybe reduce to 3.75% until June. Just my 2 sen laugh.gif
*
What about sudden change of mind & continue the rates 😏

Last minute twist & turns
guy3288
post Mar 13 2024, 06:05 PM

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QUOTE(ronnie @ Mar 13 2024, 12:58 PM)
Mine moving to EPF/BTC

So i need to transfer RM4999.00 per day to avoid the 50 sen DuitNow charges ?
*
i did so many duitnow out on 5 accounts, all tak kena fee
1 day few times on 1account also tak kena

QUOTE(BWassup @ Mar 13 2024, 05:23 PM)
Maybe reduce to 3.75% until June. Just my 2 sen laugh.gif
*
3.75% big kaki will run, who wants that? might as well go KDI or ASM
i have preempted it whacking BI 4.15% first.
ronnie
post Mar 13 2024, 06:07 PM

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QUOTE(BWassup @ Mar 13 2024, 05:23 PM)
Maybe reduce to 3.75% until June. Just my 2 sen laugh.gif
*
as long higher than GXBank
virtualgay
post Mar 13 2024, 06:27 PM

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QUOTE(ronnie @ Mar 13 2024, 06:07 PM)
as long higher than GXBank
*
i just added my GXBANK account number to Rize to prepare to move money from Rize to GX Bank
i am not having much faith this round
KOEL
post Mar 13 2024, 06:36 PM

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QUOTE(ronnie @ Mar 13 2024, 12:58 PM)
Mine moving to EPF/BTC

So i need to transfer RM4999.00 per day to avoid the 50 sen DuitNow charges ?
*
I thought there are no more charges for transfer > RM5000?
virtualgay
post Mar 13 2024, 09:12 PM

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QUOTE(KOEL @ Mar 13 2024, 06:36 PM)
I thought there are no more charges for transfer > RM5000?
*
same here no charges when i was moving money around
maybe they are waiving it for now since they are taking back the 4% smile.gif
virulence
post Mar 13 2024, 09:24 PM

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QUOTE(ronnie @ Mar 13 2024, 06:07 PM)
as long higher than GXBank
*
They might end up 3%. Same as GX Bank so no need for me to move funds lol
ronnie
post Mar 13 2024, 09:58 PM

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QUOTE(virulence @ Mar 13 2024, 09:24 PM)
They might end up 3%. Same as GX Bank so no need for me to move funds lol
*
but different daily compounding 3% [GX] vs monthly compounding 3% [RIZE]
virtualgay
post Mar 13 2024, 11:34 PM

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QUOTE(ronnie @ Mar 13 2024, 09:58 PM)
but different daily compounding 3% [GX] vs monthly compounding 3% [RIZE]
*
nvm la.. very little difference saja
Rize learn their lesson and fix the interest issue and fix the fund transfer issue
no more missing money
gonna stick with Rize if is 3.0%
if rize back to board rate then bye bye rize, will move everything to GXB

This post has been edited by virtualgay: Mar 13 2024, 11:35 PM
ericlaiys
post Mar 14 2024, 12:04 AM

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QUOTE(virtualgay @ Mar 13 2024, 11:34 PM)
nvm la.. very little difference saja
Rize learn their lesson and fix the interest issue and fix the fund transfer issue
no more missing money
gonna stick with Rize if is 3.0%
if rize back to board rate then bye bye rize, will move everything to GXB
*
daily interest bank in. so in reality gxbank is 3.05%

This post has been edited by ericlaiys: Mar 14 2024, 12:04 AM
BWassup
post Mar 14 2024, 10:30 AM

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Tried to transfer RM18k to non favorite 3rd party today. Not permitted, exceeded limit. I tried reducing to below RM10k, still not permitted. But if 5k and below, it's ok.

Checked my limits in the app, it's RM50k.

Few days ago, I transferred > RM10k to the same beneficiary, it went through without problem.

Anyone face same problem?


nexona88
post Mar 14 2024, 10:51 AM

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QUOTE(BWassup @ Mar 14 2024, 10:30 AM)
Tried to transfer RM18k to non favorite 3rd party today. Not permitted, exceeded limit. I tried reducing to below RM10k, still not permitted. But if 5k and below, it's ok.

Checked my limits in the app, it's RM50k.

Few days ago, I transferred > RM10k to the same beneficiary, it went through without problem.

Anyone face same problem?
*
Wait for CS to contact you 😔

Or you contact the CS instead....

Seems like they flag your account for unusual activities....
BWassup
post Mar 14 2024, 11:03 AM

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QUOTE(nexona88 @ Mar 14 2024, 10:51 AM)
Wait for CS to contact you 😔

Or you contact the CS instead....

Seems like they flag your account for unusual activities....
*
ohmy.gif

It's just a message when I key in the amount, and cannot proceed further. Not a rejected transaction at the approval screen.

No calls so far.
nexona88
post Mar 14 2024, 11:12 AM

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QUOTE(BWassup @ Mar 14 2024, 11:03 AM)
ohmy.gif

It's just a message when I key in the amount, and cannot proceed further. Not a rejected transaction at the approval screen.

No calls so far.
*
Your limit is 50k...

If you want to get it done fast... Just contact the CS....

Or go for multiple times transaction of 5k 🙏
jasontoh
post Mar 14 2024, 11:28 AM

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QUOTE(ronnie @ Mar 13 2024, 09:58 PM)
but different daily compounding 3% [GX] vs monthly compounding 3% [RIZE]
*
I thought Rize is daily compounding, just the value is virtual and you cannot withdraw the interest, at least from what I calculate
ronnie
post Mar 14 2024, 11:39 AM

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QUOTE(jasontoh @ Mar 14 2024, 11:28 AM)
I thought Rize is daily compounding, just the value is virtual and you cannot withdraw the interest, at least from what I calculate
*
it's not
you add individual end of day balance interest to get the monthly payout. you don't add interest from day1 into day2's balance
lovelyuser
post Mar 14 2024, 11:59 AM

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QUOTE(jasontoh @ Mar 14 2024, 11:28 AM)
I thought Rize is daily compounding, just the value is virtual and you cannot withdraw the interest, at least from what I calculate
*
Rize is consider monthly compounding as the interest only reflect in your account end of month
Vincent9696
post Mar 14 2024, 02:27 PM

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QUOTE(guy3288 @ Mar 13 2024, 06:05 PM)
i did so many duitnow out on 5 accounts, all tak kena fee
1 day few times on 1account  also tak kena
3.75%  big kaki will run, who wants that? might as well go KDI or ASM
i have preempted it whacking  BI 4.15% first.
*
BI no longer having 4.15 sad.gif sad.gif last week asked, what to do ? just wait announcement
leanman
post Mar 14 2024, 03:38 PM

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QUOTE(ronnie @ Mar 14 2024, 11:39 AM)
it's not
you add individual end of day balance interest to get the monthly payout. you don't add interest from day1 into day2's balance
*
QUOTE(lovelyuser @ Mar 14 2024, 11:59 AM)
Rize is consider monthly compounding as the interest only reflect in your account end of month
*
what about GX then? does it add day 1 interest into day 2 so forth to calculate the interest? I cannot see as my amount is too small

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