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Banking Ryt Bank Updates and Dicussions, 3-4% p.a. daily, 1.2% overseas cashback

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Vickyle
post Aug 19 2025, 07:39 AM

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Received. Thanks.

This post has been edited by Vickyle: Aug 19 2025, 08:08 AM
Vickyle
post Aug 21 2025, 08:03 AM

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QUOTE(Optizorb @ Aug 21 2025, 12:52 AM)
#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
If I place an amount and is unaware that the system does round down, I wonder if it also keep the residual balance. If it does not, the effective rate gets reduced unknowingly?
Vickyle
post Aug 21 2025, 09:19 AM

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QUOTE(Optizorb @ Aug 21 2025, 08:48 AM)
already tried. closed and open 9 pockets yesterday and gotten 9 cents today..
*
I closed but did not open new pockets. I got 8 cents. No!!!
Vickyle
post Sep 14 2025, 08:07 AM

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Edited: Matter cleared.

This post has been edited by Vickyle: Sep 14 2025, 12:38 PM

 

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