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 Digital bank Rize, By Al Rajhi Bank

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xander2k8
post Jun 21 2023, 08:13 PM

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QUOTE(songokujames @ Jun 21 2023, 09:10 AM)
I just call to the customer service and the staff said it is waived for first and the next year
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Wow it means now 1st 2 years? If it is true then it will be great πŸ‘

This post has been edited by xander2k8: Jun 21 2023, 08:13 PM
virtualgay
post Jun 21 2023, 08:56 PM

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QUOTE(Jason @ Jun 20 2023, 11:15 PM)
Can anyone transfer money in to your Rize account? I try transfer from 2 different banks also don’t work.
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no issue
CharmaineLee80
post Jun 23 2023, 05:52 PM

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QUOTE(applesmiley @ Jun 20 2023, 09:29 PM)
I can login now
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Ya. already can login now.
H3artBreakKid
post Jun 28 2023, 01:24 PM

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QUOTE(Super2047 @ Jun 1 2023, 10:33 AM)
Interest for May sudah masuk 😘
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need some clarification on this

so the interest are given monthly early of the month but you also need to park them in the savings pot?

or just savings account will do? :hmm
cybpsych
post Jun 28 2023, 01:59 PM

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QUOTE(H3artBreakKid @ Jun 28 2023, 01:24 PM)
need some clarification on this

so the interest are given monthly early of the month but you also need to park them in the savings pot?

or just savings account will do? :hmm
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either one will earn interest
Eugene91
post Jun 28 2023, 03:21 PM

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May I know when is the interest usually paid out?
virulence
post Jun 28 2023, 03:27 PM

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QUOTE(Eugene91 @ Jun 28 2023, 03:21 PM)
May I know when is the interest usually paid out?
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1st day of the month
xander2k8
post Jun 28 2023, 07:42 PM

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QUOTE(Eugene91 @ Jun 28 2023, 03:21 PM)
May I know when is the interest usually paid out?
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QUOTE(virulence @ Jun 28 2023, 03:27 PM)
1st day of the month
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1st day of the month at around 1am
virtualgay
post Jun 28 2023, 10:24 PM

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QUOTE(xander2k8 @ Jun 28 2023, 07:42 PM)
1st day of the month at around 1am
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so accurate!!!
you must have 1 million inside
if 1 million inside 1 month 4% can get RM3333.33

Davidtcf
post Jun 30 2023, 12:10 PM

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wah got PIDM protect up to RM250k.
and interest 5% for first RM5k, 4% after that.

This is like too good to be true till I am skeptical. ohmy.gif

Saudi bank, maybe they got a lot of meat to be able to do this. ohmy.gif

Downside is personal data compromised, not sure to what end they will do with our data? Later sell to other companies to make more.

So far you guys using till now ok? I'm still on Versa and KDI save. No PIDM protection there more risky for me.

This post has been edited by Davidtcf: Jun 30 2023, 12:12 PM
Hoshiyuu
post Jun 30 2023, 02:04 PM

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QUOTE(Davidtcf @ Jun 30 2023, 12:10 PM)
wah got PIDM protect up to RM250k.
and interest 5% for first RM5k, 4% after that.

This is like too good to be true till I am skeptical.Β  ohmy.gif

Saudi bank, maybe they got a lot of meat to be able to do this. ohmy.gif

Downside is personal data compromised, not sure to what end they will do with our data? Later sell to other companies to make more.

So far you guys using till now ok? I'm still on Versa and KDI save. No PIDM protection there more risky for me.
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Started using since start of campaign, not bad so far. Security is decent, received a call within 3 minutes when I did some suspicious pattern transfers. The only thing to keep in mind I guess is DuitNow incurs a fee at RM5000+, so transfer your money in RM5000 batches.

I'd guess it's the bank spending money to acquire customer, and the rates aren't crazy enough that it seems suspicious personally.

As far as data go, I doubt they have anything that most banks don't already have via e-KYC, and I haven't received any scam call after registering with them. The backing bank is PDPA compliant, maybe you can request to limit access after campaign period if needed?

Please do share if you find anything suspicious though!

This post has been edited by Hoshiyuu: Jun 30 2023, 02:04 PM
whycanot323
post Jun 30 2023, 03:10 PM

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QUOTE(Hoshiyuu @ Jun 30 2023, 02:04 PM)
Started using since start of campaign, not bad so far. Security is decent, received a call within 3 minutes when I did some suspicious pattern transfers. The only thing to keep in mind I guess is DuitNow incurs a fee at RM5000+, so transfer your money in RM5000 batches.

I'd guess it's the bank spending money to acquire customer, and the rates aren't crazy enough that it seems suspicious personally.

As far as data go, I doubt they have anything that most banks don't already have via e-KYC, and I haven't received any scam call after registering with them. The backing bank is PDPA compliant, maybe you can request to limit access after campaign period if needed?

Please do share if you find anything suspicious though!
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1) duitnow out from Rize have charges ? how much ?
2) one day can transfer out from Rize at a total how much? 5k each for 10 times ? 50k in total?

Hoshiyuu
post Jun 30 2023, 03:20 PM

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QUOTE(whycanot323 @ Jun 30 2023, 03:10 PM)
1) duitnow out from Rize have charges ? how much ?
2) one day can transfer out from Rize at a total how much? 5k each for 10 times ? 50k in total?
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1) 50 cent above 5000+ per transaction, never tried crazy amounts, poor b40 here.
2) The limit is imposed via Rize setting, 5-50k seems to be fine, don't know about higher amounts. Probably can call CS if you need to move large amount.
lovelyuser
post Jun 30 2023, 04:02 PM

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Any referral program for this Rize signup? If yes please PM me ya, thank you
xander2k8
post Jun 30 2023, 07:54 PM

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QUOTE(virtualgay @ Jun 28 2023, 10:24 PM)
soΒ  accurate!!!
you must have 1 million inside
if 1 million inside 1 month 4% can get RM3333.33
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Not a million πŸ€¦β€β™€οΈ just enough for 5% while the excess I transfer straight away which is why I know exactly the time

Even I have a million I would not put all in RM because depreciating currency πŸ€¦β€β™€οΈ I rather put into mix basket of G7 currencies buying treasuries and high yield treasuries because of useless BNM and its OPR policies with interfering govt πŸ€¦β€β™€οΈ

QUOTE(lovelyuser @ Jun 30 2023, 04:02 PM)
Any referral program for this Rize signup? If yes please PM me ya, thank you
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No referral but no point for you to subscribe now πŸ€¦β€β™€οΈ because 5% is only up till August while maybe a newer and better campaign will be coming soon

This post has been edited by xander2k8: Jun 30 2023, 07:56 PM
Jason
post Jul 1 2023, 03:29 PM

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Can't login today. Enter OTP then error. Delete app try again same thing. This "bank" really lousy man.

If not for the 5%/4% I really won't use it. Not worth the hassle.
virulence
post Jul 1 2023, 05:17 PM

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QUOTE(Jason @ Jul 1 2023, 03:29 PM)
Can't login today. Enter OTP then error. Delete app try again same thing. This "bank" really lousy man.

If not for the 5%/4% I really won't use it. Not worth the hassle.
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Yes this happened to me too. Tried an hour later and managed to login. Even the login is slower than previously.

App notifications still not fixed. Not the best of banking app experience imo.


Jason
post Jul 1 2023, 05:31 PM

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QUOTE(virulence @ Jul 1 2023, 05:17 PM)
Yes this happened to me too. Tried an hour later and managed to login. Even the login is slower than previously.

App notifications still not fixed. Not the best of banking app experience imo.
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I still can’t access my money since noon. lol

I think this is worse than CIMB Clicks
The sotong is buggy as hell but still can work

This is dead entirely. On an iPhone 13 nevertheless. I understand if Android is buggy because too many devices to cover.
oks911
post Jul 1 2023, 05:59 PM

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login successfully. no issue at all.
Jason
post Jul 1 2023, 06:45 PM

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QUOTE(oks911 @ Jul 1 2023, 05:59 PM)
login successfully. no issue at all.
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iPhone or Android?
Wonder if I have face problem.

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