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

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Optizorb
post Oct 6 2024, 07:53 PM

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QUOTE(jasontoh @ Oct 6 2024, 07:41 PM)
Any magic number to get interest with Rize?
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rize not applicable due to monthly payout
jasontoh
post Oct 6 2024, 07:57 PM

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QUOTE(Optizorb @ Oct 6 2024, 07:53 PM)
rize not applicable due to monthly payout
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Not sure if I remain RM60 and still able to get 30c for the month
Optizorb
post Oct 6 2024, 08:05 PM

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QUOTE(jasontoh @ Oct 6 2024, 07:57 PM)
Not sure if I remain RM60 and still able to get 30c for the month
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how can rm60 get 30cents for 1 month..

u get 16c only.
kasha
post Oct 7 2024, 11:51 PM

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Are these errors common to Rize? Tried to transfer, but keep getting errors. Might withdraw all money due to this.

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nexona88
post Oct 7 2024, 11:53 PM

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QUOTE(kasha @ Oct 7 2024, 11:51 PM)
Are these errors common to Rize? Tried to transfer, but keep getting errors.  Might withdraw all money due to this.

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Sadly Yes...

Time to time

Thus always got back ups like in GX, AEON or even Boost 😁
kasha
post Oct 8 2024, 12:03 AM

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QUOTE(nexona88 @ Oct 7 2024, 11:53 PM)
Sadly Yes...

Time to time

Thus always got back ups like in GX, AEON or even Boost 😁
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Haiyyaa.. then the SC dont have to say clear cache la, will check if IT make maintenance whatsoever la. Common probs.
nexona88
post Oct 8 2024, 08:09 AM

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QUOTE(kasha @ Oct 8 2024, 12:03 AM)
Haiyyaa.. then the SC dont have to say clear cache la,  will check if IT make maintenance whatsoever la. Common probs.
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Their system & apps sometimes create unnecessary issues...

So you need to be careful & don't do transfer odd time... Safer to do transfer during office hours
Sotsotzaii
post Oct 8 2024, 10:44 AM

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Hello, question here. I'm using GX Bank as well, got exact amount there to earn the 4% interest, but before I knew about this, I used to put all my monthly savings continuously into GX bank, but that would mean I only earn 2% interest.

I was told to either put my remaining savings or monthly savings thereon into either Go+ / Rize / Boost.

My question is, is Rize overall stable ? Is it better to put my monthly savings and leave it there in Rize or in GX Bank ? Do I have to put certain amount into Rize's saving pot like in GX Bank ?
kasha
post Oct 8 2024, 02:23 PM

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for oct, Rize still offer 3.8?

This post has been edited by kasha: Oct 8 2024, 03:57 PM
magika
post Oct 8 2024, 03:08 PM

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QUOTE(Sotsotzaii @ Oct 8 2024, 10:44 AM)
Hello, question here. I'm using GX Bank as well, got exact amount there to earn the 4% interest, but before I knew about this, I used to put all my monthly savings continuously into GX bank, but that would mean I only earn 2% interest.

I was told to either put my remaining savings or monthly savings thereon into either Go+ / Rize / Boost.

My question is, is Rize overall stable ? Is it better to put my monthly savings and leave it there in Rize or in GX Bank ? Do I have to put certain amount into Rize's saving pot like in GX Bank ?
*
Go+ got annual fees...

Rize got once random block my transfer out. Had to call them and it was unblock for 24hour. Rize no need to put in pot and the rate already dropped to 3.3% . But i still maintain my funds there for current expenses/ spending.


This post has been edited by magika: Oct 8 2024, 03:10 PM
kasha
post Oct 8 2024, 03:58 PM

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QUOTE(magika @ Oct 8 2024, 03:08 PM)
Go+ got annual fees...

Rize got once random block my transfer out. Had to call them and it was unblock for 24hour. Rize no need to put in pot and the rate already dropped to 3.3% . But i still maintain my funds there for current expenses/ spending.
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3.3% starting from this month? lower than TNG Go+?

So now I need to move to KDI la..not sure this month KDI how many %
kasha
post Oct 8 2024, 04:07 PM

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ok, just saw reddit saying 3.3% sudah. haish.
withdrawing all except rm20.

now need to think new place to stash. Boost is good but not syariah compliance pulak

Optizorb
post Oct 8 2024, 04:08 PM

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QUOTE(kasha @ Oct 8 2024, 04:07 PM)
ok, just saw reddit saying 3.3% sudah. haish.
withdrawing all except rm20.

now need to think new place to stash. Boost is good but not syariah compliance pulak
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rize min is rm10
kasha
post Oct 8 2024, 04:10 PM

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QUOTE(Optizorb @ Oct 8 2024, 04:08 PM)
rize min is rm10
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i know. just want to wait n see till end month how much will get for 7 days money before i withdraw month end
Medufsaid
post Oct 8 2024, 04:12 PM

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kasha kdi not shariah compliant
kasha
post Oct 8 2024, 04:15 PM

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QUOTE(Medufsaid @ Oct 8 2024, 04:12 PM)
kasha kdi not shariah compliant
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alamak, ye ke. dunno why i though it is.
so only Aeon, Rize and TNG Go+ is syariah compliant for short term?

maybe need to start maximizing the quest to get more % at Versa

This post has been edited by kasha: Oct 8 2024, 04:16 PM
mamamia
post Oct 10 2024, 01:22 PM

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QUOTE(Medufsaid @ Oct 5 2024, 08:44 AM)
if daily calculated, does Rize round up? e.g., if today interest is RM0.505, will it be treated as RM0.51 (RM0.51+RM0.51+...)

or they'll add all together (RM0.505+RM0.505+RM0.505...)
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no, it is monthly payout, i guess they use MAB to calculate interest...
jagjag
post Oct 10 2024, 06:18 PM

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Rize app having issue now !!
Cant key in the passcode
magika
post Oct 10 2024, 06:25 PM

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QUOTE(jagjag @ Oct 10 2024, 06:18 PM)
Rize app having issue now !!
Cant key in the passcode
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No problem. Just transfer funds

jagjag
post Oct 10 2024, 06:28 PM

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QUOTE(magika @ Oct 10 2024, 06:25 PM)
No problem. Just transfer funds
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BTW i'm a new user. Ask me to key in my passcode but keep saying got unknown error. And they send me a sms on the new passcode doh.gif
Big red flag. How can they send me a passcode / password ??
Anyway called the CS, and they told me its a known issue and they are trying to solve it for me.

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