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 Digital bank Rize, By Al Rajhi Bank

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whycanot323
post May 12 2023, 04:46 PM

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why I cannot find Rize under PIDM website?
nexona88
post May 12 2023, 04:47 PM

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QUOTE(whycanot323 @ May 12 2023, 04:46 PM)
why I cannot find Rize under PIDM website?
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because it's under Al Rajhi Bank tongue.gif
BWassup
post May 12 2023, 05:05 PM

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QUOTE(Jessica JM. @ May 12 2023, 02:49 PM)
I just wanted to ask you guys something.

What made you invest in Rize?
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It's a savings account not an investment. Insured deposits to get 5% rate of return!
HeianAlien
post May 12 2023, 05:29 PM

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When will the interest be credited? My 5k is still 5k after a week+?
robt1013
post May 12 2023, 05:59 PM

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QUOTE(HeianAlien @ May 12 2023, 05:29 PM)
When will the interest be credited? My 5k is still 5k after a week+?
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1st day of the month
Super2047
post May 12 2023, 07:29 PM

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QUOTE(robt1013 @ May 12 2023, 05:59 PM)
1st day of the month
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Yes
xander2k8
post May 13 2023, 03:47 AM

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QUOTE(HeianAlien @ May 12 2023, 05:29 PM)
When will the interest be credited? My 5k is still 5k after a week+?
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Just like any other banks 1st day of the month 🤦‍♀️
nexona88
post May 13 2023, 09:15 AM

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QUOTE(Jessica JM. @ May 12 2023, 04:00 PM)
I was thinking of switching from KDI to Rize, but then I found out that I need to have a minimum of RM 100 for a savings account and RM 250 for an investment account.
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U want to maintain the KDI account or not first?
cybpsych
post May 13 2023, 09:49 AM

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QUOTE(Jessica JM. @ May 12 2023, 04:00 PM)
I was thinking of switching from KDI to Rize, but then I found out that I need to have a minimum of RM 100 for a savings account and RM 250 for an investment account.
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I withdrew all from KDI Save and move to Rize.

kdi save now at 0.00 balance.

no idea about kdi invest. I don't use it.
Mcwong73
post May 13 2023, 11:19 AM

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How long for you guys wait to complete the registration process? It still in processing status since 28 Apr.
robt1013
post May 13 2023, 12:19 PM

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QUOTE(Mcwong73 @ May 13 2023, 11:19 AM)
How long for you guys wait to complete the registration process? It still in processing status since 28 Apr.
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Better call / email customer support, i think u need signup again to retake ur IC photo again.

Last time they never inform me, until i email them ask for the status. After signup again, approved within 30mins icon_rolleyes.gif
sonotme
post May 13 2023, 03:07 PM

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i just found out about this Rize. So i just need to download the Rize app, create account and open a savings account, then transfer 5k to it to get 5%, right?
cklimm
post May 13 2023, 03:12 PM

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QUOTE(xander2k8 @ May 12 2023, 04:30 PM)
It is not investment but savings account 🤦‍♀️
Only FPX is allowed for the first time and once account is activated only Duitnow is able to use
FD is not as liquid until you break and withdraw the FD while losing the interest without the fulfilling the full term while Rize is high interest bearing savings account
Only if you want an active account in KDI the minimum is required
The minimum was there since day 1 but it is not stated Cleary by KDI 🤦‍♀️
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Dude, what a man of patience, answering so many from a same person without anything in return.
nexona88
post May 13 2023, 03:27 PM

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QUOTE(sonotme @ May 13 2023, 03:07 PM)
i just found out about this Rize. So i just need to download the Rize app, create account and open a savings account, then transfer 5k to it to get 5%, right?
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yes. yes. yes

but that 5% is not forever ya... limited time only
xander2k8
post May 13 2023, 03:44 PM

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QUOTE(sonotme @ May 13 2023, 03:07 PM)
i just found out about this Rize. So i just need to download the Rize app, create account and open a savings account, then transfer 5k to it to get 5%, right?
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Only promo period until August
BWassup
post May 13 2023, 04:11 PM

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QUOTE(nexona88 @ May 13 2023, 03:27 PM)
yes. yes. yes

but that 5% is not forever ya... limited time only
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At least from March until August. Some FD promos are pulled out after a week! laugh.gif
nexona88
post May 13 2023, 05:37 PM

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QUOTE(BWassup @ May 13 2023, 04:11 PM)
At least from March until August. Some FD promos are pulled out after a week!  laugh.gif
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Lolz...
Thanks to OPR hike 😁
Mcwong73
post May 13 2023, 07:37 PM

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QUOTE(robt1013 @ May 13 2023, 12:19 PM)
Better call / email customer support, i think u need signup again to retake ur IC photo again.

Last time they never inform me, until i email them ask for the status. After signup again, approved within 30mins icon_rolleyes.gif
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Thanks, you are correct after I contact customer service. I need to snap IC few times at least 4-5 times until verification successful.
They should notify verification is failed.
xander2k8
post May 13 2023, 09:03 PM

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QUOTE(Mcwong73 @ May 13 2023, 07:37 PM)
Thanks, you are correct after I contact customer service. I need to snap IC few times at least 4-5 times until verification successful. 
They should notify verification is failed.
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The app is not polished as I believe their onboarding software is not linked to the app itself 🤦‍♀️ hence no notification on both email and server end unlike other FinTech which integrated properly to it
BWassup
post May 13 2023, 09:31 PM

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QUOTE(xander2k8 @ May 13 2023, 09:03 PM)
The app is not polished as I believe their onboarding software is not linked to the app itself 🤦‍♀️ hence no notification on both email and server end unlike other FinTech which integrated properly to it
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I have never received any notifications on my transactions since account opened.

Reported it 4 days ago, haven't got back to me.

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