Assuming deposit is 8K, the interest will be 5% (5K) + 4% (3K), or it will be 4% (8K)
Digital bank Rize, By Al Rajhi Bank
Digital bank Rize, By Al Rajhi Bank
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Jun 7 2023, 04:59 PM
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#1
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Assuming deposit is 8K, the interest will be 5% (5K) + 4% (3K), or it will be 4% (8K)
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Sep 2 2023, 12:47 AM
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QUOTE(Optizorb @ Sep 1 2023, 11:18 PM) that's why its so baffling. Do you put the money in saving pot? I saw from my account, seems correct. If you have the saving pot, some of the interest will be theremy relative should be getting RM48.7 but instead only got RM22+. Means RM26+ missing. Looks like he and you in the same boat, with so much interest missing. its not few cents off, its not few ringgit off either. We're talking about in the range of 10~30 ringgit missing. that's like easily half months of interest not being calculated/credited. I already had a feeling there's something seriously wrong with Rize when my July interest im supposed to get RM8+ but instead gotten RM18+, and nobody could explain to me why is that so when i contacted their CS. |
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Sep 6 2023, 02:55 PM
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Sep 7 2023, 01:43 PM
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QUOTE(ronnie @ Sep 7 2023, 07:38 AM) This month onward I also want to track the interest for Rize. So far I just did rough calculation and somehow I feel it's correct, but after seeing so many complaints here, I create an excel to calculate, try to minimize deposit/withdrawal frequency |
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Sep 14 2023, 12:15 AM
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QUOTE(ikanbilis @ Sep 13 2023, 03:44 PM) I did not order the card, still getting 5%. Btw, why do you want to order the card?This post has been edited by jasontoh: Sep 14 2023, 12:15 AM mamamia liked this post
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Sep 14 2023, 10:43 AM
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Sep 14 2023, 10:44 AM
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QUOTE(mamamia @ Sep 14 2023, 09:35 AM) I don't realize there is this tnc to get 5%, but so far me and my wife getting 5% virtualgay and mamamia liked this post
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Oct 6 2023, 11:11 AM
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Oct 13 2023, 08:58 AM
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QUOTE(virtualgay @ Oct 6 2023, 02:34 PM) i realize since first 2 months using RIZE with saving POT I did calculate the interest in saving pot + normal, so far it is matching with what I've calculatedit is hard to calculate the interest if u do that as it will pay out in both saving pot and normal pot so track till crazy if u the type of not tracking then ok for me i do some tracking and counting to ensure they dont short change me |
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Oct 13 2023, 12:09 PM
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QUOTE(virulence @ Oct 11 2023, 08:35 PM) Maybe once Rize promo is over, can consider their traditional banking foreign currency account but they have limited choices: Agency fee is one time off? Like if we convert 10K USD then jz pay the additional 0.01% but we can get this 4.75%https://www.alrajhibank.com.my/page/persona...rrent-account-i ![]() Edit... It's annually, so effectively it is 4.74% This post has been edited by jasontoh: Oct 13 2023, 12:10 PM |
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Oct 13 2023, 03:47 PM
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QUOTE(lingseng91 @ Oct 13 2023, 12:22 PM) Hei guys. u ppl should check out on RHB Multi Currency Account on USD FD placement. minimun placement 2000usd. they do offer in weekly, monthly and annually. so far i get 5.55pa for 3 months tenure and 5.21 1 week tenure. Eventually can we wire this out as USD to other account like Wise instead of changing it back to RM before going back to USD in Wise? How is the conversion?![]() ![]() |
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Oct 16 2023, 05:22 PM
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Oct 25 2023, 10:45 AM
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Nov 6 2023, 12:04 PM
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Nov 7 2023, 04:24 PM
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Nov 7 2023, 04:45 PM
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Nov 9 2023, 02:59 PM
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QUOTE(Optizorb @ Nov 8 2023, 11:57 PM) updated my post above which answers this. Yea, I also did not chase the 3c missing from one of the account - call it margin of error in calculationbasically for less than 1 ringgit that is supposedly missing, i cant be assed to chase after rize for it. Since i already know how incompetent they are regarding this stuff. Plus then dont know how long it will even take to resolve it. Worst if they say will be credited with next month's interest then will be another headache to calculate, etc etc. So i rather keep my monthly communication with them to be regarding the whole amount of late/missing interests only |
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Nov 9 2023, 03:43 PM
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Nov 9 2023, 05:21 PM
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QUOTE(ronnie @ Nov 9 2023, 03:51 PM) correct, make sure you split Yea, I split that out. So I think I should remove the calculation for the accrue interest to be calculated - this could be why I'm missing the 3c. However, this is only on one of the account.first RM5000 * 0.05/365 and the balance * 0.04/365 not daily compounded, monthly compounded thus easier to calculate. |
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Nov 10 2023, 10:49 AM
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QUOTE(guy3288 @ Nov 9 2023, 09:05 PM) ok now how fast if we need money big amount Wow you have so much cash in this account?i tested 2 accounts today 8+am tried duitnow RM50k to MBB saving account, it says duitnow cant be sent, to contact customer care, i dont need the money so i ignored it but within 5 mins CS called me, she asked is it me and said can proceed do again ,success, money in instantly. ok pass 1+pm tried another account, same error message appeared again waited for CS call, but this time no call even after 30min, i hantam an email to Rize said i needed money urgently then received call around 2pm, Duitnow done, money instantly into MBB SA. acceptable i think, hopefully next duitnow to same receiving bank account would not need call approval again. KDI is best in this no need call approval. but no instant money .must wait till nite. then i experimented with my various bank accounts, found Rize would not accept Alliance bank account with 15 digits. has anyone done withdrawal to Alliance saving account? Any problem? other bank accounts all seem ok, only Alliance accounts not accepted, it says error code 52, invalid account i tested deposit money to Rize from that "invalid" account masuk pulak! |
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