QUOTE(Jessica JM. @ May 12 2023, 02:49 PM)
I just wanted to ask you guys something.
What made you invest in Rize?
It is not investment but savings account π€¦ββοΈ
QUOTE(Jessica JM. @ May 12 2023, 03:03 PM)
Thanks for the answer.
I created an account and transferred money from TnG Duitnow, and it was successful, but then it got returned to my TnG account. Any idea what went wrong?
Only FPX is allowed for the first time and once account is activated only Duitnow is able to use
QUOTE(Jessica JM. @ May 12 2023, 03:28 PM)
I'm sorry to ask, but in that case, why not just put the money in a fixed deposit since they offer higher rates? Sorry, I'm not very familiar with financial products.
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
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.
Only if you want an active account in KDI the minimum is required
QUOTE(Jessica JM. @ May 12 2023, 04:14 PM)
I'm not sure if I remembered it wrongly or not, but I recall that when I signed up for KDI (either saving or investment account), the minimum amount required wasn't like what's stated now. Anyway, I already withdrew my money from KDI and put it into Rize.
The minimum was there since day 1 but it is not stated Cleary by KDI π€¦ββοΈ