Explaining the Rize Interest Rate
One the the most common questions we get, is how do Rizers get such a high interest rate? And why?
We’ll let you in on a little secret. Your bank could give you the same rate. Why don’t they? Because they don’t have to; they know you will bank with them even if they offer you a fraction of a percent of the interest they keep.
Here at Rize we believe that just because we can dip into your interest doesn’t mean we should. Rizers make 0.91% APY because we chose to pass 100% of your savings interest right back to you. Simply put, we believe it is the right thing to do.
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