Raiz
Raiz is an Australian saving and investing service for automating investments and building wealth over time.
What Raiz is
Raiz is an Australian saving and investing service for automating investments and building wealth over time. It can round eligible purchases up to the nearest dollar and invest the difference, accept scheduled top-ups daily, weekly, or monthly, and take one-off deposits. Portfolio choices include standard risk levels, a socially responsible Emerald option, Sapphire with a 5% bitcoin allocation, and Property with a 30% Raiz Property Fund allocation. Plus users can also create a portfolio from ETFs, ASX-listed stocks, up to 5% Bitcoin, and up to 30% in the property fund. Raiz Kids provides separate accounts for children, while Raiz Jars lets users set goals with individual portfolios and strategies. Raiz Rewards invests a percentage of purchases made through participating brands. My Finance categorizes linked-account transactions and presents spending breakdowns and forecasts. Plans are Lite at 2.50 AUD/mo, Regular at 5.50 AUD/mo, and Plus at 6.50 AUD/mo; there is no free plan. Raiz is available on Android, iOS, and the web.
Good
- Invests round-ups and scheduled deposits
- Offers multiple preset portfolio types
- Raiz Jars pair goals with portfolios
- My Finance categorizes spending and forecasts
- Available on Android, iOS, and web
Watch out
- No free plan
- Lite has a $1,500 balance threshold
- Lite excludes Raiz Kids and Raiz Jars
- Withdrawals are manual
Who it suits
Raiz suits people in Australia who want to automate investing through round-ups or scheduled deposits, or organize savings around specific goals. Its child accounts and spending tracker may also suit families and users who want a view of linked-account spending.
Verdict
Raiz combines automated deposits, several portfolio options, goal accounts, and spending summaries in one service. Check the plan limits and monthly fees against the features you need before choosing a tier.
Plans and prices
From Raiz's own pricing page, checked 2 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Lite | A$2.50 a month | 3 preset portfolios · Raiz Rewards · balance threshold $1,500 · no Raiz Kids or Raiz Jars · $2.50 / month |
| Regular | A$5.50 a month | 8 preset portfolios · Raiz Rewards · Raiz Kids · Raiz Jars · no maximum balance threshold · $5.50 / month and/or 0.275% p.a account fees for balances above $26,000 |
| Plus | A$6.50 a month | 8 preset portfolios · custom portfolio with ASX listed stocks, Bitcoin, property, and wider range ETFs · Raiz Rewards · Raiz Kids · Raiz Jars · $6.50 / month or 0.275% p.a account fees for balances above $28,000 |
The facts
Each one read from Raiz's own pages, with the date it was checked.
What it does
- Asset custody
- The security page says ETF units and cash are held by Perpetual Corporate Trust, Raiz Property Fund units by Sandhurst Trustees, and Bitcoin and cash by Gemini Trust Company.checked 2 Oct 2026
- Bank connections
- Users can link eligible bank accounts as spending accounts for round-ups and can link funding accounts through online banking or enter bank details manually.checked 2 Oct 2026
- Custom investing
- The Plus portfolio lets users build a portfolio from ETFs, ASX-listed stocks, up to 5% Bitcoin, and up to 30% in the Raiz Property Fund.checked 2 Oct 2026
- Kids and goals
- Raiz Kids provides separate accounts for children that can be transferred to them when they turn 18, and Raiz Jars let users set personalised goals with their own portfolios and strategies.checked 2 Oct 2026
- One-off deposits
- Users can make one-off investments to their Raiz account.checked 2 Oct 2026
- Recurring deposits
- Users can set recurring investment top-ups daily, weekly, or monthly.checked 2 Oct 2026
- Rewards
- Raiz Rewards lets users shop through the app with participating brands and have a percentage of purchases invested in their Raiz account.checked 2 Oct 2026
- Round-ups
- Raiz can automatically invest the change from purchases rounded up to the nearest dollar.checked 2 Oct 2026
- Security and regulation
- Raiz says it is ASX-listed and regulated and overseen by ASIC, and that its website and app use 256-bit encryption and account safeguards including multi-factor authentication and automatic logouts.checked 2 Oct 2026
- Spending tracker
- My Finance categorises linked-account transactions, shows spending breakdowns, and forecasts income and spending.checked 2 Oct 2026
- Support
- Raiz Support is available 8:30AM–5:30PM Sydney Time, Monday–Friday, by email or phone at 1300 75 47 48.checked 2 Oct 2026
- What it does
- Raiz is an Australian saving and investing service designed to automate investing and help users build wealth over time.checked 2 Oct 2026
The company
- Founded
- 2016checked 28 Sep 2026
- Headquarters
- Sydney, New South Wales, Australiachecked 28 Sep 2026
Money
- Free plan
- Nochecked 20 Sep 2026
Where it runs
- Portfolios
- Available portfolios include standard risk-level portfolios, a socially responsible Emerald portfolio, a Sapphire portfolio with a 5% bitcoin allocation, and a Property portfolio with a 30% Raiz Property Fund allocation.checked 2 Oct 2026
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