Ryt Bank Google Pay: Now Available on Android—Here's What Changed

TL;DR: Ryt Bank now supports Google Pay for contactless payments on Android. Add your Ryt Visa Debit Card to Google Wallet starting February 2026. Keep earning 1.2% overseas cashback and up to 4% interest on savings. Only 2 digital banks (Ryt + Boost) have this feature in Malaysia.

The Problem: Digital Banks Lag on Mobile Wallets

Traditional banks like Maybank, CIMB, and RHB all support Apple Pay and Google Pay. But Malaysia's digital banks? Only Boost Bank had the feature until now.

This created a frustrating gap: You get better interest rates and cashback from digital banks, but you can't tap your phone to pay. You're stuck carrying a plastic card or using the app.

The Solution: Ryt Bank + Google Pay

Ryt Bank just closed the gap. Android users can now add their Ryt Visa Debit Card to Google Wallet (rolling out February 2026) and tap to pay at contactless terminals.

Best part? You keep all the benefits that made Ryt appealing in the first place:

• 1.2% overseas cashback – Best in class for digital banks
• Up to 4% interest – Competitive savings rates
• No PIDM, but high yields – Trade-off for higher returns
• Instant transfers – Money moves between banks in seconds

How Google Pay Works on Ryt Bank

Digital Bank Comparison: Google Pay & Rewards

How Ryt Bank Stacks Up

Verdict: Ryt Bank now beats all digital banks on the complete package: best cashback (1.2%) + highest interest (4%) + Google Pay support (Feb 2026).

3 Reasons to Switch to Ryt Bank + Google Pay

1. Best Overseas Cashback (1.2%)

Traveling to Japan? Buy coffee in Tokyo, earn 1.2% cashback instantly. Traditional banks charge 1-2% FX markup AND give you 0% cashback. That's a 2.2% difference per transaction.

Example: ¥5,000 coffee (RM 150 equivalent)

• Ryt Bank: RM 150 - 1.2% = RM 148.20 (net cost)
• Traditional Bank: RM 150 + 1.5% FX = RM 152.25 (actual cost)
• Ryt saves you RM 4.05 per ¥5,000 spent

Spend RM 10,000 overseas per year? That's RM 200 back to you automatically.

2. Highest Savings Interest (Up to 4%)

Keep RM 10,000 in Ryt savings account for 1 year:

• Ryt Bank (4% p.a.): RM 10,000 → RM 10,400 (interest earned: RM 400)
• Traditional Bank (0.5% p.a.): RM 10,000 → RM 10,050 (interest earned: RM 50)
• Ryt gives you RM 350 extra per year just for saving

That's passive income while you sleep. No trading required.

3. Mobile Wallet = True Convenience

Before: You'd open the Ryt app every time you wanted to pay. Or carry your physical card everywhere. Now? Tap your phone. Done.

Real scenario: Queue at Starbucks. Forgot physical card at home. Can you pay? Yes—your phone is your wallet.

Who Should Switch to Ryt Bank?

Perfect For:

• Frequent travelers (earn 1.2% on overseas spending)
• Savers building emergency funds (4% interest beats all banks)
• Android users wanting mobile wallet support
• Anyone tired of traditional banks' 0.3% interest rates

Not For:

• iPhone users (no Apple Pay—Google Pay only)
• People who need PIDM deposit insurance (Ryt has none)
• Those requiring full branch/ATM network (Ryt is digital-only)
• Users who value 24/7 phone support (limited support hours)

Frequently Asked Questions

Q: Is Ryt Bank safe? (No PIDM Insurance)

A: Ryt Bank is licensed by Bank Negara Malaysia. Your deposits are not covered by PIDM (like traditional banks), but the bank is regulated. Keep emergency funds in PIDM-insured banks (max RM 250K). Use Ryt for extra savings where higher interest compensates for the lack of insurance.

Q: When does Google Pay rollout happen?

A: February 2026. If you're reading this after Feb 2026, it's already live. Update your Ryt app and look for "Add to Google Pay" option.

Q: Do I need to open a new account?

A: No. Existing Ryt customers just update the app and add their card to Google Pay from within the Ryt app. Takes 2 minutes.

Q: What about contactless payment limits?

A: Standard limits apply: RM 250 per transaction without PIN. For amounts >RM 250, you'll need to enter your PIN. Daily limit is RM 3,000 via contactless.

Q: Can I use Google Pay offline?

A: Yes, some payments work offline, but your phone needs NFC enabled and internet to verify transactions. Most terminals require internet anyway.

Q: Is the 4% interest rate guaranteed?

A: Interest rates are set by Ryt Bank and can change. Check their official website for current rates before depositing large amounts.

Your Action Plan: 3 Simple Steps

Step 1: Open a Ryt Bank Account (If You Don't Have One)

Download the Ryt app. Verify identity with MyKad/passport. Account opens in 5 minutes. Instant Ryt Visa Debit Card (digital first).

Step 2: Wait for Google Pay Rollout (February 2026)

Update your Ryt app. Look for "Add to Google Pay" button in the app's card section. Tap it and verify via SMS/biometric.

Step 3: Start Earning Cashback & Interest

Spend overseas → 1.2% back. Save money in Ryt → 4% interest annually. That's wealth-building on autopilot.

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Sources & References