If your deposit was cancelled by overdraft protection...
Overdraft protection stops your transfers if it will leave your bank account with under $50. We can adjust that to something lower if that would work better for you.
You can also adjust your schedule and amount. We suggest starting with a small amount, once or twice a month when you're first beginning.
If your deposit was cancelled for something other than overdraft protection...
Deposits can fail for one of two reasons: either Rize had a hiccup connecting with your bank, or your bank stopped the funds from being released.
Rize connects with your checking account to automatically help you save. Sometimes transfers fail because we couldn't reach your bank at the scheduled time. (If you've changed your bank credentials, you may be prompted to reconnect.)
A deposit can also fail because your bank rejected a transfer. On your scheduled deposit date Rize checks your bank account balance to protect you from overdraft. Due to the 2-3 day processing period your account balance may change causing your bank to reverse the transfer. When your bank reverses a deposit into your Rize account, our clearinghouse will charge your Rize account a $30 fee.
For individual details on a failed transfer please reach out to our support team support@rizemoney.com.
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