Let us know the AI will answer correctly

Let me pretend to be a dumbass and complain to their customer service. Let's see what they say. You guys should do the same. Complain about the erratic interest payments. If they truncate or round up, then we can keep gaming their system hehe

very details.... that shows we can't do the magic number and they used up to 9 decimal points

Lol just as i suspected... There would be a glaring flaw in the way Ryt deals with the daily interest..

#1 Because they use a residual balance system, and calculate each savings pocket separately. Theoretically each savings pocket has/follows its own ledger
#2 They upfront you the first round up

Results:
#3 If you were to create 9 pockets named 1-9 on Day 1 with 60.84 deposit and received 1 cent in each pocket for a total of 9 cents..
Then on Day 2, close Pocket 1-9..Create another 9 pockets named 1A-9A on Day 2 with 60.84 deposit.. You will again receive 1 cent in each pocket, totaling 9 cents.

Keep creating and closing pockets and Ryt's residual balance system will be completely moot as it never catches up to you.
And this is just going to make their database/spreadsheets/tracking one huge giant mess.

Whether it's worth doing or not depends on whether you really really want that 4.5 cents gain.
60.84 * 9 = 547.56
Dumping it all into 1 pocket: 547.56 * 3% /365 = 0.045
Creating/Closing pockets daily to get the rounding: 547.56 * 6% /365 = 0.09

so we earn their half sen and close and re-open... rinse and repeat hahaha

I just applied the Pay Later for fun and it allocated RM 1,499... it says 0% interest if re-payment in 1 payment.  Reading T&C to understand how it works or how to cancel it 😄

Just click to apply and didn't ask for any documents or income. Immediately granted RM 1,499.

today account with RM60.85 dint get any interest anymore, while the first day with RM60.84 can get 0.01 .

Lol just as i suspected... There would be a glaring flaw in the way Ryt deals with the daily interest..

#1 Because they use a residual balance system, and calculate each savings pocket separately. Theoretically each savings pocket has/follows its own ledger
#2 They upfront you the first round up

Results:
#3 If you were to create 9 pockets named 1-9 on Day 1 with 60.84 deposit and received 1 cent in each pocket for a total of 9 cents..
Then on Day 2, close Pocket 1-9..Create another 9 pockets named 1A-9A on Day 2 with 60.84 deposit.. You will again receive 1 cent in each pocket, totaling 9 cents.

Keep creating and closing pockets and Ryt's residual balance system will be completely moot as it never catches up to you.
And this is just going to make their database/spreadsheets/tracking one huge giant mess.

Whether it's worth doing or not depends on whether you really really want that 4.5 cents gain.
60.84 * 9 = 547.56
Dumping it all into 1 pocket: 547.56 * 3% /365 = 0.045
Creating/Closing pockets daily to get the rounding: 547.56 * 6% /365 = 0.09

since when ryt give 6%

yes 60.84 x9 and yes daily close/open 9 pockets..

Initially i was doing it for testing purposes only, didn't intend to keep doing it after sharing with you guys..
But because ryt ui kinda on-point. Its quite easy to do the closing/opening. Takes about 1 min to close 9 pockets and another 1 min to open 9 pockets.. so i end up kept doing it daily LOL   

ryt pocket i left 19892.50 - (60.84*9).. Cause interested to get the 3%+1%.. but if you not interest about it then yeah main account and ryt pocket no need to bother..
the daily 9 cents i just transfer it to the ryt pocket.. initially daily from 1.59 now also become 1.60 dy because of the total interests accumulation

what u mean open and close daily?

ryt sometimes 1 sen sometimes 2 sen.

if normal user, can just put 20k then no need do anything for 4% right

yes 60.84 x9 and yes daily close/open 9 pockets..

Initially i was doing it for testing purposes only, didn't intend to keep doing it after sharing with you guys..
But because ryt ui kinda on-point. Its quite easy to do the closing/opening. Takes about 1 min to close 9 pockets and another 1 min to open 9 pockets.. so i end up kept doing it daily LOL   

ryt pocket i left 19892.50 - (60.84*9).. Cause interested to get the 3%+1%.. but if you not interest about it then yeah main account and ryt pocket no need to bother..
the daily 9 cents i just transfer it to the ryt pocket.. initially daily from 1.59 now also become 1.60 dy because of the total interests accumulation

Why need to withdraw when you can just close all pockets and all money goes back to Main account automatically.

Tomorrow will check how's the closing pockets and withdrawal like...

can we recycle the Pocket name ?

Can recycle name. I personally have been using 1-9 for a few days now. Got lazy one day and forgot to add an extra digit but still received interest the next day.

In fact, if u check under archived pockets, u will see your old pockets will similar names there. Just rmb to close and open

Wait till tomorrow

was it 7.2% doing that?