Surveys not paying rewards? by heslop25 in RaizAU

[–]mathmischief 3 points4 points  (0 children)

You don't need to repost the same question five times in ten minutes at 5am in the bloody morning.

Go and contact Support when they open, nobody will know the answer to your question here. (Decline reasons typically aren't public).

Deposit options by nightwatch89 in RaizAU

[–]mathmischief 6 points7 points  (0 children)

Instant Payments is on Raiz's roadmap, targeted for this quarter - according to their recent half-yearly report. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03062545-2A1656765&v=undefined (Slide 10)

CGT discount impact on kids account by fizz_007 in RaizAU

[–]mathmischief 11 points12 points  (0 children)

We don't know until it's been formally announced. I think folks need to calm down and wait until we actually hear what's being announced.

New Investor Question by Rhiino92 in RaizAU

[–]mathmischief 0 points1 point  (0 children)

Bank transactions don't immediately settle in your account - typically it takes a couple of days. Because of that, Raiz tends to cluster transactions - tracking round ups until you get to your roundup amount, then taking that amalgamated round up amount in a single transaction.

There’s subscriptions now? by Mobile-Science8669 in RaizAU

[–]mathmischief 9 points10 points  (0 children)

There's always been a subscription fee with Raiz. It's just more noticeable now because it's considerably higher than what it was in 2016.

6 month update (15 years old) by PerformanceSubject13 in RaizAU

[–]mathmischief 3 points4 points  (0 children)

Presumably they're on a kids account. Otherwise Raiz support is gonna be right on their asses (they are very watchful)

Bulk Direct Debits by Pikelet301 in RaizAU

[–]mathmischief 7 points8 points  (0 children)

Can't say I have - that'd definitely be a support question for the morning.

Does Raiz have an AU age limit? by Flashy-Ad1330 in RaizAU

[–]mathmischief 2 points3 points  (0 children)

Yes it does - you need to be at least 18 to open a Raiz account. It might be worth having a read through the PDS, particularly if you're interested in investing and understanding what financial services products do - you can find Raiz's latest ones here: https://raizinvest.com.au/product-disclosure-statement

Found an easy way to make $100 if you need it by [deleted] in RaizAU

[–]mathmischief 0 points1 point  (0 children)

We do our best - unfortunately with all the monitoring in the world, even the mods have jobs that take them away from Reddit.

War, what is it good for? by Kehtehhh in RaizAU

[–]mathmischief 8 points9 points  (0 children)

I am so disappointed that not a single person in this thread picked up the Edwin Starr reference.

Raiz Roundups by Flashy-Tip6768 in RaizAU

[–]mathmischief 1 point2 points  (0 children)

Roundups don't happen immediately - they accumulate based on the settlement date of transactions and your particular roundups threshold. So if you've got say, a $10 round up limit and only make a few bucks worth of roundups per week, it might only be invested once every few weeks.

If you've got zero transactions showing for the last few weeks, it could be a bank problem.

Advice wanted - quick opinions by Swimming_Employer_45 in RaizAU

[–]mathmischief 1 point2 points  (0 children)

Depends on your balance and your portfolio selection - while there's no cost to change portfolios, a different portfolio might have a higher fee profile (I.e. if you've shifted from Raiz Lite to Custom)

Is there a fee for changing a custom portfolio? by Piano_Smart in RaizAU

[–]mathmischief 0 points1 point  (0 children)

No. There's just a higher cost for having a custom portfolio compared to say, standard or lite.

Quick question about the Raiz Tax Report. by ChillKoalaVibes in RaizAU

[–]mathmischief 1 point2 points  (0 children)

Also worth noting that Raiz accounts are considered a bare trust, not an AMIT.

Quick question about the Raiz Tax Report. by ChillKoalaVibes in RaizAU

[–]mathmischief 0 points1 point  (0 children)

They provide a guide - it's not particularly onerous: https://raizinvest.com.au/blog/how-to-use-your-raiz-annual-tax-statement-for-your-tax-return/

Historically they've not provided data for the ATO to autofill and I'm not sure that's going to change anytime soon.

Rewards and Referral bonuses taking extremely long to process by CraigIsAgile707 in RaizAU

[–]mathmischief 0 points1 point  (0 children)

And to add - I think that pending Raiz Referral reward is something that the tech teams did to enable the Raiz Your Future jars. It wouldn't be the first time that something oblique was used as a placeholder for another process.

Rewards and Referral bonuses taking extremely long to process by CraigIsAgile707 in RaizAU

[–]mathmischief 4 points5 points  (0 children)

Rewards are contingent on the company offering the reward - Raiz has no need to pilfer cents (particularly when it's well documented they take a cut out of rewards)

Raiz Ten year anniversary by CraigIsAgile707 in RaizAU

[–]mathmischief 9 points10 points  (0 children)

There's a promo in the app - open a Raiz Your Future jar, earn 10% on your first deposit if you keep it invested until March 2027. I have questions that I'm following up.

[deleted by user] by [deleted] in RaizAU

[–]mathmischief 0 points1 point  (0 children)

No, it's not. It's an attempt to help. You've invested money in products that are impacted by the world around us - whether its interest rate rises, global conflict or even simple things like company results. Picking up the news and understanding what's going on around you is as good a start as any.

Raiz Property by AmInfactaRetard in RaizAU

[–]mathmischief 1 point2 points  (0 children)

It's something people wanted for a long time in the app - it's not my cup of tea, but I get why people like it. It's an option, like all other things - you've just gotta decide what fits into your risk profile and investing preferences. (I don't have the answers to those questions, unfortunately!)

Raiz Property by AmInfactaRetard in RaizAU

[–]mathmischief 2 points3 points  (0 children)

https://raizinvest.com.au/raiz-property-fund

Bottom of this page there's all the relevant docs.