More choice. More banks. More interest.
Raisin rewards savers. We work with over 100+ federally insured banking partners to provide you with greater choice and flexibility in high-yield savings products — all on one simple, secure platform.
Higher yields with fewer headaches
Earn more on your money
Not every bank makes your savings a priority. Raisin works with those that do, because your money deserves better treatment.
Skip the fine print and fees
Often the best savings rates come with strings attached—like maintaining high minimums. Raisin offers high yields with no hidden requirements or extra costs.
Simplify how you save
Managing accounts across multiple banks can mean endless logins and paperwork. With Raisin, you open, fund, and track everything in one secure place.
It's easy to get started
1. Create a free Raisin login
Open your account in minutes by following Raisin’s secure sign-up process. It’s the only one you’ll ever need.
2. Access more ways to save
With Raisin you get exclusive savings offers from 100+ top banks and credit unions, all in one place.
3. Start saving instantly
Link your bank and open your first product with as little as $1. Earn more from day one.
Where smart savers meet forward-thinking financial institutions
Your savings work better when it's all in one app
✓ Diversify your savings across multiple banks
✓ Free to use — just $1 minimum deposit
✓ One secure login
✓ One set of tax forms
Answers to frequently asked questions
How does Raisin work?
Is Raisin a bank?
Raisin is not a bank or a credit union. We are a free financial platform that gives you access to exclusive high-yield savings accounts and CDs from 100+ trusted banks and credit unions — all managed through a single, secure login.
This centralized experience keeps your data protected in one place while you move money seamlessly across our network of FDIC- and NCUA-insured partners. Your funds stay with the institutions you select, while we provide the high-level security that keeps your account access safe.
How are my deposits protected?
What types of products are available through Raisin?
- High-Yield Savings Accounts (HYSAs): Earn highly competitive interest rates with the ultimate flexibility. These work just like traditional savings accounts, allowing you to deposit or withdraw funds at any time, but offer much higher returns.
- Money Market Deposit Accounts (MMDAs): Similar to a high-yield savings account, an MMDA offers maximum flexibility for your money while earning a top-tier, variable interest rate.
- No-Penalty CDs: Lock in a competitive rate for a fixed term, but keep the option to make a full withdrawal early without paying a penalty. Terms and conditions may vary by product, so please see specific product terms for more details.
- Fixed-Term CDs: Secure a guaranteed, predictable return. You lock in a fixed rate for a specific amount of time. In contrast to No-Penalty CDs, withdrawing your funds before the term ends will typically result in an early withdrawal penalty. See specific product terms for more details.
- Callable CDs: Lock in a fixed rate that is typically higher than standard CDs. The trade-off is that the issuing bank has the option to "call" (end) the CD before its maturity date. If this happens, you receive your full original deposit plus all the interest you've earned up to that exact date, with no penalties.
How do I move money in and out of Raisin?
All money movements are managed directly through your secure Raisin dashboard and typically process within 1-2 business days, excluding US holidays.
Here's how money movements work:
- Deposits: When you are ready to fund a specific savings product, you can transfer money into it directly from your linked external account or your Cash Account.
- Withdrawals: When you take money out of a savings product, your funds will first need to be withdrawn to the Cash Account before reaching their final destination — whether that is another competitive savings product or your linked external account.
- Transfers In: When you want to move money into Raisin to hold before selecting a product, you transfer funds from your linked external bank account directly into your Cash Account.
- Transfers Out: When you are ready to move money out of Raisin, you transfer funds from your Cash Account to your linked external account.
For more information on transactions and transaction timelines, please click here.
If Raisin is free to use, how do you make money?
© 2026 Raisin SE. All rights reserved.
The Raisin name and logo are trademarks of Raisin SE. All other trademarks, logos, marks, and brand names are the property of their respective owners.
*APY means Annual Percentage Yield. APY is accurate as of April 16, 2026. Interest rate and APY may change after initial deposit depending on the terms of the specific product selected. Minimum opening deposit is $1.00.
Raisin is not an FDIC-insured bank, and FDIC deposit insurance only covers the failure of an insured bank.
Raisin is not an NCUA-insured credit union. NCUA deposit insurance only covers the failure of an insured credit union.
Raisin does not hold any customer funds. Customer funds are held in various custodial deposit accounts. Each customer authorizes the Custodial Bank to hold the customer’s funds in such accounts, in a custodial capacity, in order to effectuate the customer’s deposits to and withdrawals from the various bank and credit union products that the customer requests through Raisin.com. The Custodial Bank does not establish the terms of the bank or credit union products and provides no advice to customers about bank or credit union products offered by the applicable bank or credit union through Raisin.com. Each customer also authorizes the Service Bank to move funds among the various banks and credit unions at the customer’s request. First International Bank & Trust (FIBT), Member FDIC, is the Service Bank. Bell Bank and Starion Bank, each Member FDIC, are the Custodial Banks.
†Based on $250,000 in FDIC or NCUA insurance coverage per insurable category of ownership at each partner bank or credit union on the Raisin platform (each a "Product Bank"), when aggregated with all other deposits held by you at such Product Bank and in the same insurable category. Deposits made through Raisin will be eligible to receive deposit insurance from the FDIC or the NCUA (each a "Deposit Insurer") in accordance with and up to the maximum amount permitted by law at each Product Bank. Raisin is not a bank or credit union and does not hold any customer funds. Funds are held at FDIC-insured banks and NCUA-insured credit unions. Deposit insurance covers the failure of an insured bank or credit union. Certain conditions must be satisfied for pass through deposit insurance coverage to apply. Customers may choose to deposit funds with identically registered accounts at different Product Banks on the Raisin platform to be eligible for Deposit Insurer coverage up to $10 million for individual accounts and $20 million for joint accounts when at least 40 Product Banks are utilized. Please be aware, however, that any deposits you have at a Product Bank, whether through the Raisin platform or outside the Raisin platform, that you may hold in the same capacity (such as in an individual capacity or joint capacity) count toward the applicable Deposit Insurer's deposit insurance maximum amount, and any such amounts that you hold in the same capacity at a Product Bank that exceed the maximum insurance coverage by the applicable Deposit Insurer will not be insured. For more information on FDIC deposit insurance, please see here. For more information on the NCUA share insurance fund, please see here. You are solely responsible for monitoring the amount of funds you have on deposit at each a Product Bank, whether through the Raisin platform or outside the Raisin platform, to confirm that the deposits you hold in the same capacity at each Product Bank do not exceed the maximum deposit insurance coverage provided by the applicable Deposit Insurer.