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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 May 1 2024, 02:01 PM

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all 3 of my accounts credited correctly, good job rize.
Optizorb
post May 4 2024, 02:48 PM

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QUOTE(sp3d2 @ May 4 2024, 01:39 PM)
You use three different person ID?
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yes
Optizorb
post May 6 2024, 02:05 AM

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QUOTE(alvin890 @ May 6 2024, 12:36 AM)
juz wana ask, if we keep in saving pot so still eligible for the 3.8% interest or only saving account entitled the interest?
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both eligible.
Optizorb
post May 7 2024, 01:01 PM

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QUOTE(ronnie @ May 7 2024, 08:40 AM)
user posted image

Any LYN winner ?
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no. ayam butthurt bangwall.gif ranting.gif

This post has been edited by Optizorb: May 7 2024, 01:02 PM
Optizorb
post May 9 2024, 11:02 AM

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QUOTE(regyhl @ May 9 2024, 09:59 AM)
FYI: On 8/5/2024 16:01, I used Rize to duitnow transfer to my maybank account. Rize a/c debited but my maybank a/c did not receive the funds. Rize customer service said wait 2 days for refund  mad.gif
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yesterday duitnow system down momentarily
Optizorb
post May 10 2024, 05:13 PM

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QUOTE(alvin890 @ May 10 2024, 04:15 PM)
Frm Gx to Rize for 3.8% bcoz Gx promo end. Then HLB sent invitation 4.5% in SA thus frm Rize move to HLB....haiya....so troublesome....can refer to FD forum for info regarding HLB promo
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same. from rize > Gxb > rize > hlb

i dont have hlb SA sweat.gif sweat.gif , but my brother & sis in law got hlb SA and received the notification as well. So i tumpang them and put 50k each.

Rize really need to step it up lor. Losing customers for 3 months in a row dy. gx and now hlb back to back

This post has been edited by Optizorb: May 10 2024, 05:56 PM
Optizorb
post May 10 2024, 05:30 PM

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QUOTE(Xflkekw @ May 10 2024, 05:19 PM)
Just curious for people here. Why Rize and not KDI? 3.8% vs 4%
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KDI 4% is EIR after compounding for the whole year. so in actual is slightly lower than 4% daily. around 3.93% iirc

- rize offers flexibility can in-out-in-out instantly so the difference of lower 0.13% is negligible and its worth it for some (provided rize system no suddenly cuckoo or you unlucky to be affected when you actually need to depo/withdraw money)

KDI can technically withdraw same day, but not instantly to make payments so you have to wait for funds to enter at evening/night time. And still not guaranteed in case anything wrong with system. as per their TNC it says t+1, so can go up to next day as well.

- to some PIDM protection is important, rize is PIDM protected and KDI is not.
for me not so important cause Kenanga seems like a big enough company and wont suddenly go bust out of the blue.

This post has been edited by Optizorb: May 10 2024, 05:50 PM
Optizorb
post May 10 2024, 05:57 PM

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QUOTE(yungkit14 @ May 10 2024, 05:20 PM)
Rize saving pocket. May i know is it 3.8% in each pocket?
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yes. same rates whether in pocket or not in pocket
Optizorb
post May 14 2024, 04:39 PM

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QUOTE(randvar @ May 14 2024, 03:38 PM)
I transfer to own account same name also flag and can't transfer out(already favourite). CS will call after few mins to verify transaction... very annoying, cant use rize as a savings and spending account. Still need to rely on gxbank/tng for spending
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after 1st time transaction verification, no such further issues for me.


Optizorb
post May 23 2024, 01:25 PM

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QUOTE(sasuketaichou @ May 23 2024, 12:16 PM)
how long to wait after initial topup

value reflected on home page but still need to verify and unable to use other function
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12 hour cooling period
Optizorb
post May 23 2024, 02:36 PM

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QUOTE(sasuketaichou @ May 23 2024, 02:27 PM)
its been a week for me
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Call them up and tell them about it then..

Why you waited so long lol

When I signed up mid last year had same problem as well , after 12hrs still can't use app functions. Immediately called them and rectified soon later


Optizorb
post May 23 2024, 02:37 PM

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Also looks like rize is going to lose out to aeon as well now.

Offering 3.88% but haven't gone through their full tnc
Optizorb
post May 23 2024, 11:55 PM

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QUOTE(sasuketaichou @ May 23 2024, 11:42 PM)
do we need to login every single time?

can we do something
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just fingerprint every time open app.

if no enable biometrics then u need input password

isn't this practically the same for every bank..

what u want actually? rclxub.gif

if the sound too annoying then turn it off

This post has been edited by Optizorb: May 23 2024, 11:56 PM
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
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?
Optizorb
post Jun 5 2024, 03:18 PM

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QUOTE(BWassup @ Jun 5 2024, 02:56 PM)
Not really 50 winners. I think based on every cardholder's transaction, earliest transactions get it.

I tried using my RIZE debit card for the first time just mow, transaction was rejected, with reason "do not approve" shocking.gif

Do we need to do something to activate the card?
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dont waste time lol

it is not just rize card yeah, it is also for main al-rajhi cardholders.

serious. dont waste time. they take us as a joke. that's why move out all the monies from Rize since April.

Give GX + Aeon + KDI + HLB the money better laugh.gif

This post has been edited by Optizorb: Jun 5 2024, 03:18 PM
Optizorb
post Jun 11 2024, 05:01 PM

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QUOTE(virtualgay @ Jun 11 2024, 04:59 PM)
after end june what is the rate we are looking at?
still no news yet?
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still early.

1 week before end of june
Optizorb
post Jun 11 2024, 09:31 PM

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QUOTE(virtualgay @ Jun 11 2024, 09:18 PM)
need move money if it falls to like 1.5%
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you no move to aeon ka?

my rize all accounts left RM10 only.

waiting for end of the month, see if they give up on digital banking or will make a come back and offer something attractive..

This post has been edited by Optizorb: Jun 11 2024, 09:32 PM
Optizorb
post Jun 21 2024, 08:12 PM

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next week only update. bawak bertendang..

but i not holding any hope that rize would improve the rates

lucky their competitors are here to take over their place. GX/Aeon/HLB rclxms.gif

This post has been edited by Optizorb: Jun 21 2024, 08:14 PM
Optizorb
post Jun 21 2024, 11:31 PM

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QUOTE(virtualgay @ Jun 21 2024, 10:48 PM)
HLB got digital bank?
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not digital bank, but they offer promotion for their normal savings account..

4.5% for existing customers, 4.7% for new to bank customers..

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