Are you looking to increase the yield of your savings in this new year? Digital banks could be your option. In Malaysia, there are three digital banks currently. These banks are GXBank, AEON Bank, and Boost Bank. Rize is not a true digital bank but I am going to include it in this comparison. Digital …
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 …
Rize has announced that it will extend its deposit campaign till 31 December 2023. With this campaign extension, we would have more months to earn high interest. High interest rate In this deposit campaign, the first RM 5,000 is eligible to a profit rate of 5% p.a. The subsequent amount will get a profit rate …
I have just found out about this digital bank by Al Rajhi Banking & Investment Corporation (Malaysia) Bhd, the world’s largest Islamic bank. Commodity Murabahah Savings Account-i This is a fully digital and paperless bank. To open an account, we need to download its Rize app from App Store, Google Play or Huawei AppGallery. This …
