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Banking MY Al-Rajhi - Digital Banking (fka Rize), Profit Rates up to 3.60%. Paid monthly

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Natsukashii
post May 28 2024, 03:10 PM

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QUOTE(nexona88 @ May 28 2024, 10:26 AM)
Digital products of Parent Al Rajhi bank 😋

They don't have Digital Bank license issued by BNM

Their main aim is to harvest data of HNWI or those with $$$.... So in the end can offer full service of Parent Al Rajhi bank main products & services
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That might be posisble, how did you even figure that out?
nexona88
post May 28 2024, 05:19 PM

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QUOTE(Natsukashii @ May 28 2024, 03:10 PM)
That might be posisble, how did you even figure that out?
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Because many of us gotten offered by them....



virtualgay
post May 28 2024, 05:59 PM

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I still sticking with rize till now hahaha
3.88% at aeon bank seems attractive but scare the unstable platform for the first few months
sp3d2
post May 28 2024, 07:29 PM

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Anyone here moved from rize to aeon bank?

I don't think the 0.08 extra worth the transfer.
nexona88
post May 28 2024, 08:02 PM

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QUOTE(sp3d2 @ May 28 2024, 07:29 PM)
Anyone here moved from rize to aeon bank?

I don't think the 0.08 extra worth the transfer.
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Why not have both 😁

More is better

If one down, got another as back ups 👌
TSronnie
post May 28 2024, 09:27 PM

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QUOTE(sp3d2 @ May 28 2024, 07:29 PM)
Anyone here moved from rize to aeon bank?

I don't think the 0.08 extra worth the transfer.
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Moved out of RIZE without issue....
Left 48.11 in RIZE though
sp3d2
post May 28 2024, 10:09 PM

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QUOTE(ronnie @ May 28 2024, 09:27 PM)
Moved out of RIZE without issue....
Left 48.11 in RIZE though
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Let see how much rize can offer in July.

To Al rajhi staff reading this thread, I warned u that I will move to aeon bank if you dare to reduce the profit.😤
TSronnie
post May 28 2024, 10:24 PM

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QUOTE(sp3d2 @ May 28 2024, 10:09 PM)
Let see how much rize can offer in July.

To Al rajhi staff reading this thread, I warned u that I will move to aeon bank if you dare to reduce the profit.😤
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how many millions you have with RIZE ?
sp3d2
post May 28 2024, 10:26 PM

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QUOTE(ronnie @ May 28 2024, 10:24 PM)
how many millions you have with RIZE ?
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I'm b40 only
xiaomoon
post May 29 2024, 08:33 AM

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QUOTE(ronnie @ May 28 2024, 09:27 PM)
Moved out of RIZE without issue....
Left 48.11 in RIZE though
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48.11 is the magic number to get 1 sen?
leanman
post May 29 2024, 10:28 AM

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QUOTE(virtualgay @ May 28 2024, 05:59 PM)
I still sticking with rize till now hahaha
3.88% at aeon bank seems attractive but scare the unstable platform for the first few months
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things happened like Rize initially...Now they are pretty stable, so far in my usages
PseudomonasSA
post May 30 2024, 03:18 PM

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Has anyone noticed an increased frequency of unsuccessful/rejected transactions at RIZE which led to telephone verifications?

I experienced three rejected transactions all involving amounts less than RM 4000.

RIZE has also yet to introduce scheduled transfers.

Have therefore moved funds to AEON Bank which surprisingly offers scheduled transfers - this allows one to maximise interest returns by paying off credit cards on their due dates
Chiggah
post Jun 1 2024, 04:24 PM

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I noticed Rize requires minimum rm10 in the account. What can I do to withdraw all out ? Need to close or do people normally just leave rm10 there ? Or just pay something with QR?

This post has been edited by Chiggah: Jun 1 2024, 04:28 PM
theevilman1909
post Jun 1 2024, 05:11 PM

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QUOTE(Chiggah @ Jun 1 2024, 04:24 PM)
I noticed Rize requires minimum rm10 in the account. What can I do to withdraw all out ? Need to close or do people normally just leave rm10 there ? Or just pay something with QR?
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call the CS to close the account

might take some little long time...
Optizorb
post Jun 1 2024, 07:16 PM

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withdraw 70k x3 accounts in Rize and moved it to Aeon for 3.88%.
All 3 accounts now min balance RM10 only.

For April-May money went to GX, May-July money go to HLB and now June-August money go to Aeon.
Rize lose out on people's money for 5 months if nothing changes.. Rizeee you know what you should do if you want us to come back... brows.gif


btw the daily limit of 50k is per recipient is it? or per total account transactions per day?
Cause i sent 50k to 1 account and then tried 20k to another account and it went through, so total 70k withdraw out.

I was always under the impression that the 50k limit applies to total transactions per account. sweat.gif

This post has been edited by Optizorb: Jun 1 2024, 07:59 PM
guy3288
post Jun 1 2024, 09:10 PM

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QUOTE(Optizorb @ Jun 1 2024, 07:16 PM)
withdraw 70k x3 accounts in Rize and moved it to Aeon for 3.88%.
All 3 accounts now min balance RM10 only.

For April-May money went to GX, May-July money go to HLB and now June-August money go to Aeon.
Rize lose out on people's money for 5 months if nothing changes.. Rizeee you know what you should do if you want us to come back...  brows.gif
btw the daily limit of 50k is per recipient is it? or per total account transactions per day?
Cause i sent 50k to 1 account and then tried 20k to another account and it went through, so total 70k withdraw out.

I was always under the impression that the 50k limit applies to total transactions per account.  sweat.gif
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you mean Rize can send out RM70k at same time?
the limit is on Rize, not recipient

transfer out max RM50k, refreshed 8am

my experience transfer out RM50k 11pm, cant trf further till 8am tomorrow
Optizorb
post Jun 1 2024, 09:41 PM

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QUOTE(guy3288 @ Jun 1 2024, 09:10 PM)
you mean Rize can  send out RM70k at same time?
the limit is on Rize, not recipient

transfer out max RM50k, refreshed 8am

my experience  transfer out RM50k 11pm, cant trf further till 8am tomorrow
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ohh refreshed at 8am, i guess thats why.

i made transfer out at 4am for 50k.

then i try luck transfer out the remainder 20k just now at 6pm and was surprised it went through.

didnt know the quota refresh at 8am, TIL.. is it the same for all banks?
guy3288
post Jun 2 2024, 12:29 AM

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QUOTE(Optizorb @ Jun 1 2024, 09:41 PM)
ohh refreshed at 8am, i guess thats why.

i made transfer out at 4am for 50k.

then i try luck transfer out the remainder 20k just now at 6pm and was surprised it went through.

didnt know the quota refresh at 8am, TIL.. is it the same for all banks?
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banks in my experience so far refreshed 12am

send money out from Rize wee hours in morning
Now i always check recipient online or not.
if maintenance on i wont do it.

sudah kena, IBFT failed system pandai pandai convert to IBG transfer
money delayed

worse is recipient bank can even "reject" that money and takes time to reverse back to sender bank.
this i kena when transfering Duitnow from BI to PBB when PBB was offline.
called BI he said money already sent out to PBB
call PBB he said he didnt know money not received in system.
ended 2 days later money reversed back to BI account.


yungkit14
post Jun 2 2024, 06:33 AM

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When lah rize going to let us delete the saving pocket. Can't beliep my eyes.. Simple as Mae tabung also got that function
TSronnie
post Jun 2 2024, 09:16 PM

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RIZE FAQ says only 3 savings Pots but you can create more than that... strange and cannot delete them

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