Raiz

Paid#13 of 17 in Automated Savings AppsPersonal Finance Software

Automated investing through round-ups and recurring contributions

5.8/10★★★☆☆Editor score

Visit Raiz

Raiz5.8 Visit Raiz

At a glance

• Editor score
  5.8 / 10
• Pricing
  From 2.50 AUD/mo
• Best for
  Round-up investing in Australia
• Free plan
  No
• Card roundups
  Yes
• Founded
  2016 · Sydney, New South Wales, Australia
• Facts checked
  20 Sep 2026

• Where it wins

  • Automatic card round-ups and recurring investments on four schedules
  • Portfolio choice spans preset options, ETFs, ASX stocks, Bitcoin and property
  • Adds Raiz Jars, Raiz Kids, cashback and cash-flow tools

• Where it doesn't

  • There is no free plan; monthly fees start at AUD 2.50
  • Lite limits users to three preset portfolios and excludes Jars and Kids
  • It is an investment service rather than a bank savings account

Our verdict on Raiz

Raiz is an Australian automated investing app for people who want to invest small amounts regularly. It rounds eligible card purchases to the nearest dollar, supports recurring investments on daily, weekly, fortnightly or monthly schedules, and accepts one-off lump-sum investments. Users can choose ready-made portfolios or, on Plus, build a customised portfolio with ETFs, ASX-listed stocks, Bitcoin and property. The service also includes savings goals through Raiz Jars, children’s investment accounts through Raiz Kids, cashback rewards invested into Raiz accounts, portfolio switching, withdrawals and My Finance tools for spending analysis and cash-flow forecasting. It is available on the web, iOS and Android.

Pricing is structured around three paid monthly plans. Lite costs AUD 2.50 per month and includes three preset portfolios and Raiz Rewards, but excludes Raiz Kids and Raiz Jars. Regular costs AUD 5.50 per month, expands access to eight preset portfolios, and adds Raiz Kids, Raiz Jars and no maximum balance threshold. Plus costs AUD 6.50 per month and includes those Regular features alongside a customised portfolio. Regular and Plus also show percentage-based annual account fees above stated balances. This makes Lite the lower-cost entry point, while Plus is aimed at investors who want broader portfolio control.

Raiz’s main distinction is its combination of automated contributions and investing choices rather than a narrow savings-only workflow. Round-ups, scheduled deposits, cashback and one-off investments support different contribution habits, while Jars and Kids extend the service to separate goals and family investing. Withdrawals are manual, and the product’s investment focus may not suit someone seeking only a bank savings account. Choose Raiz if investing through small, recurring contributions and portfolio options fits your goal; consider an alternative if avoiding paid plans or investment exposure is more important.

Raiz pricing

All 3 Raiz plans and prices →

Raiz fact sheet

Alternatives to Raiz

• PlumA broad savings and investing app with free automation and tiered upgrades.9.8
• ChipA flexible UK savings app with AI autosaves, goals, investments and quick withdrawals.8.0
• PiggyVestA free savings app with automation, targets, flexible wallets, and fixed-term options.—

See all Raiz alternatives →

Also listed in

• Personal Finance Software

Featured on iTechGuides

Raiz is listed in our Automated Savings Apps directory. Add the badge to your site — it links back to this page.

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Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026

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