Raiz

Editor's Review

Raiz is an innovative app designed to make saving and investing accessible to everyone. 🚀 Whether you're a seasoned investor or just starting, Raiz simplifies the process and allows you to grow your wealth with minimal effort. With Raiz, you can start investing with as little as $5 and watch your money grow in the background of your life. 🌟

Key Features:

Effortless Saving and Investing:

Raiz takes the hassle out of investing by automating the process. Its flagship feature, Round-Ups, automatically rounds up your everyday purchases and invests the spare change into a diversified portfolio. 🔄 You can also set up recurring investments on a daily, weekly, or monthly basis, or make one-off lump sum investments to boost your account. 💰

Diversified Investment Options:

Raiz offers a range of investment portfolios to suit different risk appetites and financial goals. You can choose from eight pre-defined portfolios or a Plus portfolio that includes the option to invest in ASX-listed stocks. 📊 Each portfolio is diversified across hundreds of Australian and international companies, corporate bonds, government bonds, cash, Bitcoin, and/or residential property. This diversification helps mitigate risk and optimize returns. 🌍

Automatic Rebalancing:

To ensure your portfolio stays aligned with your investment goals, Raiz automatically rebalances your investments. This means the app buys more of an asset when it's cheaper and less when it's more expensive, helping you to buy low and sell high. ⚖️

Bank-Level Security:

Raiz prioritizes your security with bank-level security measures and data prevention protocols. The app prevents unauthorized account access and notifies you of any unusual activity, giving you peace of mind. 🛡️

Raiz Rewards:

Earn rewards while you shop with hundreds of brands like eBay, Apple, and Catch through Raiz Rewards. A portion of your purchase is invested back into your Raiz account, making saving and investing even more rewarding. 🎁

Invest for Your Kids:

Raiz Kids is a simple way to save and invest for children under 18. You can set up a separate portfolio for each child and even grant them access to their own Raiz Kids app with custom permissions. 👨‍👩‍👧‍👦

Invest for Retirement:

Raiz Invest Super makes investing for retirement simple and accessible. You can take advantage of pre-existing features and portfolios, all integrated into the same app. 👴👵

Transparent Fees:

Raiz offers clear and transparent fees, starting at $4.50/month for accounts under $20,000. There are no fees for deposits, withdrawals, or accounts with a $0 balance. Be sure to read the Product Disclosure Statement (PDS) for full fee details. 🧾

What the Press Says:

Raiz has been featured in Forbes, WIRED, Business Insider, CNBC, and more, with high praise for its simplicity and effectiveness. 📰

Features

• Round-Ups: Invest spare change automatically

• Recurring Investments: Set up automatic investments

• Lump Sum Investments: Boost your account anytime

• Diversification: Invest across various assets

• Automatic Rebalancing: Optimize portfolio returns

• Raiz Kids: Invest for your children

• Raiz Invest Super: Invest for retirement

• Raiz Rewards: Earn rewards while shopping

Pros

• Easy to start investing with as little as $5

• Diversified investment portfolios available

• Automatic rebalancing to optimize returns

• Bank-level security to protect your investments

• Earn rewards while shopping with partnered brands

Cons

• Fees apply for accounts under $20,000

• Investment risks exist, as with any investment