ASM earning always calculated by [ (Interest announce rate) / 12 ] * Lowest amount of balance over the month.

Eg. if they declare 12% interest , so 1% per month.

In the month, you have starting balance of 10k, withdraw 2k (Balance : 8k) , then topup 4k (Balance 12k) = 8k is considered

If you start with 10k, topup 4k , withdraw 2 k = 10k is considered

In short, that particular month that you deposit , the extra money you deposit earns no interest

Don't think so ..
Personally i felt Rize is just a side project to lure big timer to their main bank...
You deposit large money enough you will get the call...

still waiting for the interest rate announcement.
For me, not bad la,

- PIDM protected
- daily calculated interest (despite interest at the end of the month)

as long the interest rate don't too jahanam is good enough

Yes, compound interest is 8th wonder.
But if the rate is lowish until single bpm , compound interest is nigh negligible LOL.

ASM has no flexibility and if you know how they calculate, usually you only get 11-month interest for the first year you deposit.

For me, for ease of life , i just continue with Rize.