Al-Rajhi Launches New 5kali3 Cashback Campaign
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In an effort to incentivize and inculcate smart saving habits and empower Malaysians to reach their saving goals, Al-Rajhi has launched a new campaign called the ‘5kali3 Cashback Campaign’.
The campaign is available for on both Al-Rajhi bank Malaysia as well as the Bank’s digital banking arm Rize. 5kali3 combines both cashback rewards and a competitive profit rate for Rize users.
How 5kali3 Cashback works
In this campaign, all you have to do is;
- Open any of three Shariah-compliant accounts: Al Rajhi bank Malaysia’s Commodity Murabahah Current Account-i or a Commodity Murabahah Savings Account-i, or a Rize Commodity Murabahah Savings Account-i.
- Ensure a minimum deposit RM300 at the end of the first month and earn RM5 cashback. You need to have RM600 and RM900 at the end of the second and third month to earn another RM5 both times. Besides the minimum month-end balances, you also need to execute at least one of four transactions, which includes transacting with their account or debit card). Doing these will earn you a total of RM15 in cashback rewards.
- For new customers who opened their accounts on Rize, you will get to build your savings even faster with a 3.8% p.a. profit rate** on your account balance. This rate is available until 30 September 2024.
Al-Rajhi understands the importance of saving
Syahrul Ishak, Chief Executive Officer of Al-Rajhi bank Malaysia stated that the new campaign is borne from Al-Rajhi’s understanding of the importance of savings for Malaysians.
“By offering cashback incentives and competitive profit rates, we hope to encourage a culture of smart saving and help Malaysians navigate financial uncertainties. Plus, all Al-Rajhi bank Malaysia’s products and services, including those of Rize, are Shariah-compliant,” said Syahrul.
The 5kali3 Cashback Campaign runs from 1 July 2024 to 31 December 2024. Click the following links for more information and the terms and conditions of the campaign.
For new Rize customers, they will also be eligible for the second phase of the Electrify Your Dreams Campaign in which they stand the chance to win a BYD DOLPHIN EV plus monthly cash prizes of up to RM200*.
