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 Digital bank Rize, By Al Rajhi Bank

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Vincent9696
post Feb 1 2024, 02:58 PM

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if transfer out more than 5k per transaction , rize got extra charge for duitnow processing fees?

GX looks like no have this charges
Vincent9696
post Feb 1 2024, 03:12 PM

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QUOTE(Optizorb @ Feb 1 2024, 03:09 PM)
depends on your luck. some people kena, some dont.
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meaning GX allso will charge it jz depend our luck?? OMG
Vincent9696
post Feb 19 2024, 11:24 AM

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i had done withdrawal out from Rize via duitnow , 2 transaction had done so far no issue , and no charges for amount above RM5,000

Vincent9696
post Feb 20 2024, 10:34 PM

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any other saving/invest higher than Rize? seem like many complaint it , no planning to move my FD to rize
Vincent9696
post Feb 21 2024, 12:14 PM

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QUOTE(nexona88 @ Feb 20 2024, 10:45 PM)
So far nope...
With that instant transfer @ duitnow... And 4% for all balance...
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i dont mind about instant n duitnow , jz to care about profit rate.

KDI not really 4% because of calculation formula by EAR
Vincent9696
post Feb 21 2024, 06:23 PM

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QUOTE(nexona88 @ Feb 21 2024, 12:31 PM)
Then it's Rize 👌
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wish rize 4% can stay longer than this march
Vincent9696
post Mar 2 2024, 12:56 PM

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QUOTE(guy3288 @ Mar 1 2024, 11:36 PM)
actually mine also normal transactions...
i was  thinking why my calculation not correct...
if really Rize overpay interest  like that,, not sustainable man.
3,5% also i  will lari, go for KDI EIR 4%
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im using formula of 4% divide 366 days and then compounding it everyday, the outcome still incorrect amount .

Not sure whats the time they cut off , 1 of the account is no transaction in last month , the interest amount is correct.
Vincent9696
post Mar 2 2024, 05:49 PM

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QUOTE(Optizorb @ Mar 2 2024, 01:12 PM)
the interest doesn't compound everyday..

End of day 11.59pm balance x 4% /366 = your daily interest you get (which will only be totaled at the end of the month)

monthly interest = sum of all the daily interest calculations
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i calculated using ur formula , still got extra about 7% amount

another account without any transaction , the amount is correct

This post has been edited by Vincent9696: Mar 2 2024, 05:50 PM
Vincent9696
post Mar 13 2024, 12:01 PM

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Rize apps keep sending notification said offer 4% valid till 31 mar 2024

Vincent9696
post Mar 14 2024, 02:27 PM

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QUOTE(guy3288 @ Mar 13 2024, 06:05 PM)
i did so many duitnow out on 5 accounts, all tak kena fee
1 day few times on 1account  also tak kena
3.75%  big kaki will run, who wants that? might as well go KDI or ASM
i have preempted it whacking  BI 4.15% first.
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BI no longer having 4.15 sad.gif sad.gif last week asked, what to do ? just wait announcement
Vincent9696
post Mar 16 2024, 04:07 PM

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A hint probably lower than 3.79% PA rate
Vincent9696
post Mar 20 2024, 04:31 PM

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QUOTE(ronnie @ Mar 17 2024, 09:21 PM)
user posted image
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try click apply , it may still not in working by apps
Vincent9696
post Mar 26 2024, 02:14 PM

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since Rize 3.8 , then got to move the fund already... any place can park which given 4% +- , other than KDI , VERSA
Vincent9696
post Apr 1 2024, 10:15 AM

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QUOTE(ronnie @ Apr 1 2024, 07:51 AM)
4% interest for Mar 2024 creditted correctly....
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mine short about 0.3%
Vincent9696
post Apr 1 2024, 10:38 AM

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QUOTE(ronnie @ Apr 1 2024, 10:32 AM)
that's a lot... double check your numbers .... use end of day balance as of 23:59:59 x 4% / 366
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yupp, checked.. short of around 0.3%+- compare with my total calculation number
Vincent9696
post Apr 4 2024, 06:03 PM

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QUOTE(virtualgay @ Apr 1 2024, 10:30 PM)
make sure your calculation is base on 366 and not 365
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UPDATE - there is mis-calculation by bank due to i got take personal financing with Al-rajhl... there is auto debit (insurance) compulsory
Vincent9696
post Apr 10 2024, 10:36 PM

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QUOTE(Optizorb @ Apr 10 2024, 12:17 AM)
Done transferred 49410 from rize to gx. No issues on all 3 accounts.

Instantaneously reflected as well. Good job rize  thumbup.gif  thumbup.gif
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i get stuck after 3pm trf..anyone have issue?

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