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 Digital bank Rize, By Al Rajhi Bank

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ScrappyCoCo
post Aug 17 2023, 11:24 AM

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Cannot find through FAQ, few questions in mind before proceed opening an account:-

1) I saw people posted very nice package of debit card, any annual fee?

2) If yes, can i opt for no debit card so no annual fee?

3) Duitnow transaction in and out only free up to RM5000, so any transaction above that amount in a single transaction will be charged RM0.50 fee?
Optizorb
post Aug 17 2023, 11:28 AM

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QUOTE(ScrappyCoCo @ Aug 17 2023, 11:24 AM)
Cannot find through FAQ, few questions in mind before proceed opening an account:-

1) I saw people posted very nice package of debit card, any annual fee?

2) If yes, can i opt for no debit card so no annual fee?

3) Duitnow transaction in and out only free up to RM5000, so any transaction above that amount in a single transaction will be charged RM0.50 fee?
*
1) annual fee 10/year, 1st year currently waived

2) debit card is optional, by default no card. if you want have to apply for it

3) limit increased already, no idea how much is limit now. you can test yourself later on, it should inform you got 50cent charges before proceeding iirc

This post has been edited by Optizorb: Aug 17 2023, 11:30 AM
lovelyuser
post Aug 17 2023, 11:45 AM

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QUOTE(ScrappyCoCo @ Aug 17 2023, 11:24 AM)
3) Duitnow transaction in and out only free up to RM5000, so any transaction above that amount in a single transaction will be charged RM0.50 fee?
*
QUOTE(Optizorb @ Aug 17 2023, 11:28 AM)
3) limit increased already, no idea how much is limit now. you can test yourself later on, it should inform you got 50cent charges before proceeding iirc
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Tried 50k transfer, no charge
Nom-el
post Aug 17 2023, 11:55 AM

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QUOTE(lovelyuser @ Aug 17 2023, 11:45 AM)
Tried 50k transfer, no charge
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I have tried transferring more than 5k without any charge but my family member was charged 0.50 for a transfer of slightly more than 5k a few days later. There was no indication of any fee before the transfer. However, the charge can be seen in transaction history. I also do not understand why some people are charged and some people are not.

Btw, I received a missed call from my local Al-Rajhi branch. Anyone else received any similar call like that?
jhlou
post Aug 17 2023, 12:34 PM

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QUOTE(Nom-el @ Aug 17 2023, 11:55 AM)
I have tried transferring more than 5k without any charge but my family member was charged 0.50 for a transfer of slightly more than 5k a few days later. There was no indication of any fee before the transfer. However, the charge can be seen in transaction history. I also do not understand why some people are charged and some people are not.

Btw, I received a missed call from my local Al-Rajhi branch. Anyone else received any similar call like that?
*
I was charged for more than 5k.
CS will call if multiple transfers in one day.
Optizorb
post Aug 17 2023, 01:07 PM

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huh, something like transaction charges also they so inconsistent?

seriously what kind of amateur bank is this topkek
virtualgay
post Aug 17 2023, 01:56 PM

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QUOTE(Optizorb @ Aug 17 2023, 01:07 PM)
huh, something like transaction charges also they so inconsistent?

seriously what kind of amateur bank is this topkek
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The last round I withdraw rm9k I got charged 0.5

user posted image

This post has been edited by virtualgay: Aug 17 2023, 01:59 PM
ericlaiys
post Aug 17 2023, 05:12 PM

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QUOTE(virtualgay @ Aug 17 2023, 01:56 PM)
The last round I withdraw rm9k I got charged 0.5

user posted image
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advise to withdraw 4999
cybpsych
post Aug 17 2023, 05:15 PM

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QUOTE(ericlaiys @ Aug 17 2023, 05:12 PM)
advise to withdraw 4999
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withdraw exact RM5,000.00 also no fee
virtualgay
post Aug 17 2023, 05:25 PM

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QUOTE(ericlaiys @ Aug 17 2023, 05:12 PM)
advise to withdraw 4999
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if multiple withdrawal they block my account then again i have to call them
is like too secure sometimes!
ericlaiys
post Aug 17 2023, 05:40 PM

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QUOTE(virtualgay @ Aug 17 2023, 05:25 PM)
if multiple withdrawal they block my account then again i have to call them
is like too secure sometimes!
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any bank also will block if u do quite frequent
ronnie
post Aug 17 2023, 06:10 PM

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the transfer out fee is not shown before you click confirm?
TSikanbilis
post Aug 17 2023, 06:35 PM

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QUOTE(cybpsych @ Aug 17 2023, 05:15 PM)
withdraw exact RM5,000.00 also no fee
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Tested my exact RM5k withdrawal kena 50sen fee.

Attached Image



cybpsych
post Aug 17 2023, 06:54 PM

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QUOTE(ikanbilis @ Aug 17 2023, 06:35 PM)
Tested my exact RM5k withdrawal kena 50sen fee.

Attached Image
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yikes

my last transfer was 5000.00, no fee imposed

my setup is this: duitnow transfer to mykad

perhaps can try non-bank account method

This post has been edited by cybpsych: Aug 17 2023, 07:00 PM
TSikanbilis
post Aug 17 2023, 07:00 PM

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QUOTE(cybpsych @ Aug 17 2023, 06:54 PM)
yikes

my last transfer was 5000.00, no fee imposed
*
VIP - no fee imposed

ikanbilis - 50sen fee sweat.gif
TSikanbilis
post Aug 17 2023, 07:03 PM

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QUOTE(cybpsych @ Aug 17 2023, 06:54 PM)
yikes

my last transfer was 5000.00, no fee imposed

my setup is this: duitnow transfer to mykad

perhaps can try non-bank account method
*
I tested transfer to my mobile number also got 50sen fee.

Rize really discriminate against ikan bilis mad.gif
cybpsych
post Aug 17 2023, 07:06 PM

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QUOTE(ikanbilis @ Aug 17 2023, 07:03 PM)
I tested transfer to my mobile number also got 50sen fee.

Rize really discriminate against ikan bilis mad.gif
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you did many transfers of >5k?

I suspect something like FOC up to X transfers. after that, fee imposed.
TSikanbilis
post Aug 17 2023, 07:09 PM

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QUOTE(cybpsych @ Aug 17 2023, 07:06 PM)
you did many transfers of >5k?

I suspect something like FOC up to X transfers. after that, fee imposed.
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Nope. Upon seeing the 50sen fee, i changed to RM4999 and no fee imposed.
Optizorb
post Aug 17 2023, 07:17 PM

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rize is a topkek digital bank.


TSikanbilis
post Aug 17 2023, 07:20 PM

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QUOTE(Optizorb @ Aug 17 2023, 07:17 PM)
rize is a topkek digital bank.
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Just tahan till 31 Dec when the promo ends then transfer all money out.

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