No; Rize is an independent savings account. Everything we do allows us to provide a supercharged savings account that grows with your lifestyle.
We operate as individual brokerage accounts rather than a bank – and for a good reason. As a brokerage account you can save and invest in one place, no need for multiple accounts. You also get a much higher interest rate (1.93% APY subject to change). We built Rize for YOU, and make every decision with your experience as the number one priority.
Rize Advisors, LLC is an SEC-registered investment advisor. (Read more on our legal page.)