Digital bank Rize is currently running its Do Less, Get More campaign, where new customers will stand a chance to win a Samsung Galaxy S23 Ultra phone and a pair of Galaxy Buds2 Pro as a grand prize. Set to run until 30 November 2023, there are also weekly prizes of up to RM500 to be won via this campaign.

Open to all Malaysians who have yet to open a Rize Savings Account-i (Commodity Murabahah Savings Account-i), the campaign requires you to download the Rize banking app and sign up for the savings account. Following that, activate it with an RM20 transfer from any of your other online banking accounts during the campaign period.

Upon activation of your savings account, you’ll receive an initial RM20 cash prize from Rize (to be deposited into your account within one week), in addition to earning a chance to win a grand prize as well as weekly prizes. Here are the details of the prizes that are on offer:

Prizes	Details	Allocation/Units to be won
Grand prizes	1x Samsung Galaxy S23 Ultra (256GB) and Galaxy Buds2 Pro	8 units throughout whole campaign period
Weekly prizes	– 1x RM500 cash prize – 1x RM300 cash prize – 1x RM200 cash prize	One unit of each cash prize to be won every campaign week

To choose both the grand and weekly prize winners, Rize will first create a shortlist of potential winners via a randomiser programme. If you’re one of the shortlisted weekly prize winners, you will receive a notification SMS within two weeks after the end of the campaign week, where you must answer a question correctly within three days to confirm your win. Following that, your weekly prize will be credited into your account within a week after the bank has notified you of your success.

Meanwhile, potential grand prize winners will receive their notification SMSes within four to six weeks after the end of the campaign period. They, too, are required to answer a question correctly within three days to secure their prizes. Upon winning, the grand prizes will be sent to the winners’ registered address within 16 weeks after the campaign period.

Note that each customer is only entitled to win one weekly prize and one grand prize throughout the whole campaign period.

Rize is a digital bank backed by Al Rajhi Bank Malaysia that was launched back in December 2022. Offering interest rates of up to 5% p.a. for your deposits, it has also recently won the Virtual Bank of the Year for Malaysia in the Asian Banking and Finance Retail Banking Awards 2023.

(Source: Rize)

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• Rize Commodity Murabahah Savings Account-i
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