Rize Experience After Four Months: Interest Is Real But…

I have opened my Rize account for four months now. In this article, I am going to share my Rize experience so far.

On time interest 

I have been receiving the interest at the end of the month as promised. The interest rate is also as advertised. It is currently 5% per annum for deposit up to RM 5,000 and 4% per annum thereafter.

Still not much function

Other than the interest rate, there is not much to be said about Rize. The app is still as basic as I first started. The notification bug is still there too.

A good place to get high interest

Rize is a good place to park your extra cash. You will get interest as high as fixed deposit (perhaps higher) without the lock-in period. Nonetheless, do not expect too much from this app and just treat it like a piggy bank. This concludes my four-month Rize experience.

Are you interested in Rize? Go to this page (Link) to learn more about this digital bank.