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

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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...
mamamia
post Feb 27 2025, 12:25 PM

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QUOTE(nexona88 @ Feb 27 2025, 07:55 AM)
Because Rize fully integrated into Al Rajihi Bank platform...

No more sperated like now...

After the "change" & "upgrade"...
Rize account users all use al Rajihi Bank apps...
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QUOTE(nexona88 @ Feb 27 2025, 10:31 AM)
It's also to reduce misunderstanding that rize is digital bank licensee that given by BNM

They only given 5 digital license & al rajihi is not one of it...
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wow, thanks for the explanation.. so, moving forward no more Rize app?
mamamia
post Jul 1 2025, 05:04 PM

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QUOTE(ericlaiys @ Jul 1 2025, 04:18 PM)
user posted image
new update
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i notice my Jun25 interest didnt get 3.30% also... need to wait for the statement to re-check on my daily balance.

so, moving forward no more 3.30%, need to move my fund again.. all bank is reducing the interest...
mamamia
post Jul 3 2025, 10:49 AM

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QUOTE(virtualgay @ Jul 1 2025, 11:02 AM)
less than 50k put into saving pot

user posted image
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does it mean that if my end of day balance is RM50k and above, i will still enjoy 3.30% interest for the 50k and not tier based basis?
I'm confuse whether it is like UOB One, i.e. first 50k is 2.58%, subsequent 150k is 3.30%
mamamia
post Aug 20 2025, 03:48 PM

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QUOTE(ronnie @ Aug 20 2025, 12:55 PM)
Acting up again.... boring

it was super smooth this morning before 9AM
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ya, keep loading and can't access to my account... guess i need to transfer my money out soon...

 

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