Two electric vehicles worth up to RM125, 480 each and monthly cash giveaways await Rize customers!

Digital bank Rize launched its Electrify Your Dreams contest this week, which will see two of its lucky customers drive off with the new BYD Dolphin Premier Extended all-electric car. In addition to the grand prize, Rize will also be giving away up to RM37,000 in cash to 120 winners monthly.

Considered one of the most competent electric vehicles in its category, the Dolphin is BYD’s latest offering to the Malaysian market having just been launched in July 2023. Worth RM125, 480 each, the Dolphin is Rize’s biggest prize yet in a series of campaigns it has launched this year to introduce next-level digital banking experiences to Malaysians.

Launched in February this year, Rize is powered by Al-Rajhi Banking & Investment Corporation (Malaysia) Bhd (alrajhi bank Malaysia). The multi-award-winning digital bank was built with state-of-the-art technology to provide a completely reimagined, end-to-end banking experience for Malaysians.

Rize offers a fully digital Current Account Savings Account (CASA) onboarding experience for Malaysian customers, allowing any Malaysian above 18 to open a bank account anywhere in Malaysia, anytime from a mobile phone in less than five minutes. It also offers one of the highest profit rates of any bank in the country, at 5% per annum. In a Malaysian first, Rize also allows customers to apply for personal financing completely from a mobile phone in which funds will be deposited into the customer’s account within 15 minutes.


Rize’s other campaigns included the Rize Activation Campaign, which offered top-range Apple smartphones and gadgets in April and June, and its ongoing Rize Do Less, Get More contest giving away the latest Samsung devices and cash prizes.

The Electrify Your Dreams contest, which runs from 18 September 2023 to 31 December 2023, is open to all alrajhi bank Malaysia customers that have an active Rize Commodity Murabahah Savings Account-i (Rize Savings Account-i).

To be eligible, all customers need to do is deposit ‘fresh funds’ into their Rize Savings Account-i. They are eligible for a fixed number of entries based on their monthly average incremental balances as shown below:

In short, the more the customers save, the better their chances of winning. Cash prize winners may also go on to win the grand prize.
To participate, all customers need to do is download Rize from the app store, sign up for a Rize Savings Account-i and activate the account by transferring RM20 in, and then maintaining a monthly average incremental balance as in the table above. Rize offers one of the best profit rates in town; 5% p.a. for the first RM5,000 in deposits and 4% p.a. for subsequent amounts.

Customers can download Rize today by scanning the QR code below:

For full contest mechanics and Terms & Conditions please visit the Rize Electrify Your Dream contest page at https://www.rize.com.my/index.php/promotions#.