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

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TSronnie
post Apr 21 2024, 11:26 AM

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QUOTE(Ramjade @ Apr 21 2024, 09:32 AM)
I heard la. Something 5k/transaction? I don't have account. So cannot test it out.
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No limit of RM5000 for transfer it seems when I move rm49410 for GXBANK
TSronnie
post Apr 21 2024, 11:27 AM

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QUOTE(dark_axl21 @ Apr 21 2024, 11:21 AM)
3.8% still okay lah...
Wished it maintained at 4%.

All those great "promo" rates are gone.
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Let’s hope US Federal increase rate maybe BNM have the balls to increase too.
nexona88
post Apr 21 2024, 11:30 AM

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QUOTE(ronnie @ Apr 21 2024, 11:27 AM)
Let’s hope US Federal increase rate maybe BNM have the balls to increase too.
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From what I heard...

BNM would instead maintain the current rates....

Not to disturb the current situation & make it worse especially those in debts with banks & financial institution 😁

Best we can hope for, is Rize to maintain the current rates & not reduce it later....
dark_axl21
post Apr 21 2024, 11:45 AM

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QUOTE(ronnie @ Apr 21 2024, 11:27 AM)
Let’s hope US Federal increase rate maybe BNM have the balls to increase too.
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Don't think Malaysia can take anymore hikes. Any increase, "they" would have to bear the burden too.
Jason
post Apr 21 2024, 04:04 PM

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QUOTE(nexona88 @ Apr 21 2024, 09:40 AM)
Oohh that 5k thingy huh...

Before this..
Any transactions above 5k got fee... But now they waived it..

Can transfer out 50k also no issues...

The CS would call you & confirm if indeed you doing transfer.... Security features in place...

So any scammer or hacker don't get your money easily 😁
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Didn’t even know they waived it. Thanks.

Up until Raya I was still transferring 4999.99 x 10. My protest over being charged to move my money.

I guess I’m not the only one. And end up that just creates more unnecessary load on their service. I’ve been using Rize since its early days. I can only say it does not inspire confidence and reliability. There were mission critical times when I couldn’t access my money and their CS response was to ignore my calls because they do not have a solution.

My personal experience and view is that they behave unlike any other bank in Malaysia, once promo over and no reason to stay, I won’t use them at all.

So think twice if you plan to put all your money in there as your sole bank account. I keep some at GX and it has proven far more reliable and predictable.
nexona88
post Apr 21 2024, 06:10 PM

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QUOTE(Jason @ Apr 21 2024, 04:04 PM)
Didn’t even know they waived it. Thanks.

Up until Raya I was still transferring 4999.99 x 10. My protest over being charged to move my money.

I guess I’m not the only one. And end up that just creates more unnecessary load on their service. I’ve been using Rize since its early days. I can only say it does not inspire confidence and reliability. There were mission critical times when I couldn’t access my money and their CS response was to ignore my calls because they do not have a solution.

My personal experience and view is that they behave unlike any other bank in Malaysia, once promo over and no reason to stay, I won’t use them at all.

So think twice if you plan to put all your money in there as your sole bank account. I keep some at GX and it has proven far more reliable and predictable.
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Done few times transaction over 5k.
No fee imposed 🙏
Not sure it's temporary period or what.. don't see any official statement / announcement...

Rize actually depends on luck...
So far now looks okay... But I'm not really active...

More in GX bank nowadays 👌

Thanks to the 5% promo rate offered...
Zaryl
post Apr 21 2024, 10:09 PM

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just a heads up:

Rize will be doing maintenance on this coming tuesday & wednesday.

so guys, plan properly should you want to make large transactions on those specific days.
virtualgay
post Apr 21 2024, 11:58 PM

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Hi beautiful people - checking in
Let us hope rize continue with 3.8% and don't drop to 3.5% will do else I rather go versa
!@#$%^
post Apr 22 2024, 12:52 AM

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what's with the old thread? dictatorship?
SKL
post Apr 22 2024, 12:52 AM

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QUOTE(nexona88 @ Apr 21 2024, 09:17 AM)
Called the Rize CS...

Something is wrong...

No such thing as unable to offer account
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I emailed them and thats the answer.
TSronnie
post Apr 22 2024, 08:12 AM

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QUOTE(!@#$%^ @ Apr 22 2024, 12:52 AM)
what's with the old thread? dictatorship?
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too much sign0006.gif which cause the TS to close it.
nexona88
post Apr 22 2024, 09:04 AM

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QUOTE(virtualgay @ Apr 21 2024, 11:58 PM)
Hi beautiful people - checking in
Let us hope rize continue with 3.8% and don't drop to 3.5% will do else I rather go versa
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With GX giving 5% promo

Probably would maintain the current rate too 😁
virtualgay
post Apr 22 2024, 10:18 AM

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QUOTE(nexona88 @ Apr 22 2024, 09:04 AM)
With GX giving 5% promo

Probably would maintain the current rate too 😁
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GX until May saja
Rize until June
headache!


This post has been edited by virtualgay: Apr 22 2024, 10:18 AM
nexona88
post Apr 22 2024, 10:22 AM

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QUOTE(virtualgay @ Apr 22 2024, 10:18 AM)
GX until May saja
Rize until June
headache!
*
GX extended...

Rize also follow

All in the hand of GX now.... See how they move 😁
dreamthief
post Apr 22 2024, 12:09 PM

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A bit stupid question.

GXBank, you have to put in pockets to get the 3/5% interest and not the savings account.

For rize, it mentions interest rate based on savings account. Does savings pot = savings account? Or don’t need to create savings pot, leave money in savings account is good enough to get the interest?

Bit unsure here… thanks

This post has been edited by dreamthief: Apr 22 2024, 12:09 PM
TSronnie
post Apr 22 2024, 01:55 PM

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QUOTE(nexona88 @ Apr 22 2024, 10:22 AM)
GX extended...

Rize also follow

All in the hand of GX now....  See how they move 😁
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sign0006.gif GXBank 5% no more for Savings Pocket after 23/4/2024
TSronnie
post Apr 22 2024, 01:55 PM

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QUOTE(dreamthief @ Apr 22 2024, 12:09 PM)
A bit stupid question.

GXBank, you have to put in pockets to get the 3/5% interest and not the savings account.

For rize, it mentions interest rate based on savings account. Does savings pot = savings account? Or don’t need to create savings pot, leave money in savings account is good enough to get the interest?

Bit unsure here… thanks
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both main and Savings pot gets same interest rate for RIZE
nexona88
post Apr 22 2024, 02:07 PM

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QUOTE(ronnie @ Apr 22 2024, 01:55 PM)
sign0006.gif GXBank 5% no more for Savings Pocket after 23/4/2024
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Meaning Rize probably also might not extended the promo...

Also there's complain new opening of account stopped for Rize...

So they might have enough $$$ for now...

This post has been edited by nexona88: Apr 22 2024, 02:08 PM
virulence
post Apr 22 2024, 03:37 PM

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QUOTE(virtualgay @ Apr 22 2024, 10:18 AM)
GX until May saja
Rize until June
headache!
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After both promo over, which digital bank next? biggrin.gif
theevilman1909
post Apr 22 2024, 03:44 PM

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QUOTE(virulence @ Apr 22 2024, 03:37 PM)
After both promo over, which digital bank next?  biggrin.gif
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AEON Bank cool2.gif

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