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 75+ 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?
Raisin makes it easy to earn more on your savings.
On our secure platform, you can open high-yield savings products and CDs with federally insured banks and credit unions — all managed through one login.
We partner with more than 100 financial institutions, giving you more choice and making top rates easier to reach than ever. Open an account with as little as $1 or manage six-figure balances with confidence knowing every deposit is held at an FDIC- or NCUA-insured institution.
No fees. No minimums. Just a smarter way to grow your money.
Is Raisin a bank?
Raisin itself is not a bank or a regulated financial institution. We partner only with regulated banks and credit unions which always hold your funds. These financial institutions are overseen primarily by banking regulators such as FDIC, NCUA, OCC, Federal Reserve Board or state banking authorities, and are subject to the oversight of agencies like the CFPB, FTC, SEC and CFTC as applicable.
How are my deposits protected?
Deposits placed through the Raisin platform with FDIC-insured banks are eligible for pass-through deposit insurance from the FDIC; certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Raisin is not an FDIC-insured bank. FDIC deposit insurance covers the failure of an insured bank. To learn more about pass-through deposit insurance, click here.
Deposits placed through the Raisin platform with NCUA-insured credit unions are eligible for pass-through deposit insurance; from the NCUA through its Share Insurance Fund; certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Raisin is not an NCUA-insured credit union. NCUA deposit insurance covers the failure of an insured credit union.
For more information on federal deposit insurance coverage limits and how they may impact your deposits, please refer to our Terms of Service.
What types of products are available through Raisin?
Your Raisin login offers you access to savings accounts and certificates of deposit offered by a nationwide network of banks and credit unions. These products include:
- High-Yield Savings Account (HYSA). As the name indicates, this account type functions like a traditional savings account, with no restrictions on deposits or withdrawals. However, it earns interest (or dividends in the case of credit union savings products) at rates that are higher than the national average for standard savings accounts.
- Money Market Deposit Account (MMDA). Also known as a money market account or MMA, this type of savings account offers a varying rate that allows you to earn interest (or dividends) on your funds with maximum flexibility for withdrawals. Like a HYSA, an MMDA offers features of a traditional savings account with typically higher returns.
- No-Penalty CD. Through the flexibility of a No-Penalty CD, you can lock in a competitive rate for a fixed term with the option to make a full withdrawal without having to pay a penalty for the early termination. Terms and conditions may vary by product. Please see specific product terms for more details.
- Fixed-Term CD. With this savings vehicle, funds are held for a fixed term, and a competitive APY (annual percentage yield) provides safe, predictable earnings. In contrast to No-Penalty CDs, typically you are charged a fee if you do not complete the full term of the Fixed-Term CD.
- Callable CD. With this savings vehicle, funds are held for a fixed term, and a competitive APY (annual percentage yield) provides safe, predictable earnings. In contrast to traditional High Yield CD, partner banks may call CD's before their maturity date.
How do I move money in and out of Raisin?
All transactions to and from the Raisin platform are conducted via your online dashboard.
Deposits to products on the platform can either be made directly from your external account or from your Cash Account.
Transfers between products or out of the platform are all conducted via the Cash Account.
The Cash Account is powered by First International Bank & Trust (""FIBT""), an FDIC-member bank based in Watford City, North Dakota.
For more information on transactions and transaction timelines, please click here.
If Raisin is free to use, how do you make money?
Our partner banks and credit unions pay fees to Raisin in return for marketing their products to savers across the United States. This allows us to provide our platform and services free to our valued customers! That’s a win-win!
© 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 10, 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.