Comments on “Rize
Posts » Rize » Comments » Comment
Ryan Snyder@overeasyplease · Project Manager
Sounds really interesting - how do you differentiate yourself against Digit or Qapital?
Justin Howell@howelljustin · Co-Founder & CEO @ Rize
@overeasyplease Hey Ryan, great question! Rize is THE product for everyone who has a vision of the life she/he wants to lead and is working hard to get there. If that sounds like you, then you’re the kind of person we built Rize to serve, because that’s who we are. Rize is designed like a 401K that makes saving automatic, paying yourself first, before you sp… See more
Michael Ritchie@michael7ritchie
@howelljustin @overeasyplease I like that you're helping people save, but saying you offer a rate 15x the national average could be misleading to some people. There are dozens of other banks (see list below for example) offering the same rate or better. The national average isn't really relevant. Also, I hope it's clear to your customers how much they've act… See more
jeevan4@jeevan4 · Programmer, Xilinx Inc
@howelljustin How are the savings interests paid ? Monthly ?
Justin Howell@howelljustin · Co-Founder & CEO @ Rize
@michael7ritchie @overeasyplease Hey Michael, the real benefit of Rize is that we're helping customers build the habit of putting money aside for the future. That matters far more in the long run than the interest rate. We think it's great that we can offer a high interest rate, but in our view that's just a bonus, not the core of what we do. Yes, you can ge… See more
Justin Howell@howelljustin · Co-Founder & CEO @ Rize
@jeevan4 Hi Jeevan, yes, interest is paid each month.