How does Raisin work?
With a single free Raisin login, you can spread your savings across multiple federally regulated banks and credit unions, allowing you to put your cash to work for you.
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Your secure savings solution
Our platform is an online marketplace where you can access deposit products offering some of the best interest rates available, from a nationwide network of banks and credit unions. Through one convenient login, you can fund and manage savings accounts, money market deposit accounts (MMDAs), and certificates of deposit (CDs), building a savings strategy that fits your needs.
An exclusive selection of savings solutions, in one place
Many of us have settled for the deposit products offered by the bank or credit union where we already have a relationship. Researching and opening accounts elsewhere and keeping tabs on their progress requires time, so many savers don't bother to shop around. Enter Raisin: We partner with federally regulated banks and credit unions across the U.S. to offer savings products with top rates through one easy-to-use online marketplace.
Many banks and credit unions, one login, one statement
Customers can select savings products from multiple banks and credit unions and then manage all of their products from one single Raisin login. Each month, you get one statement showing balances and earned interest across all the deposits you're holding.
How your money moves
A federally regulated bank or credit union always holds your cash. When you fund a bank or credit union product, the money is directly transferred from your bank to a custodial account at the financial institution offering the product you selected. This custodial account holds the funds for every Raisin customer at that financial institution. Whenever you deposit funds, it’s held by the Custodian Bank for your benefit. Anytime you want to check your balances, make a change, or get tax statements, everything you need is accessible through the Raisin platform.
Safety
Raisin partners exclusively with federally regulated institutions with comprehensive cybersecurity programs. Raisin itself invests in a suite of state-of-the-art cybersecurity measures including certifications and assessments, data monitoring and data encryption.
Choice
Choose from a diverse selection of savings products offering flexible terms and some of the most competitive interest rates. You can easily find the right product or mix of products for you.
Convenience
One login to hold all your deposit products. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
All deposit balances on the Raisin platform are held at federally regulated financial institutions
Federal Deposit Insurance Corporation
All banks on the Raisin platform are FDIC members. The FDIC is an independent agency created by Congress with the mission of maintaining stability and public confidence in the nation's financial system.
National Credit Union Administration
All participating credit unions are insured by the NCUA through its Share Insurance Fund. The NCUA protects the safety and soundness of the credit union system by identifying, monitoring and reducing risks to the National Credit Union Share Insurance Fund.
Raisin is focused on cybersecurity
At Raisin, we invest in a variety of technologies to protect our customer’s data, privacy and transactions. These include multi-factor authentication, encryption, and web application firewall advanced internet protection technologies. Raisin is a SOC 2 certified organization, which means we have met the requirements outlined by the American Institute of Certified Public Accountants (AICPA) to ensure that we have the controls in place to keep customers data secure and private.
How Raisin Compares
With Raisin | With traditional banking |
One secure login guards your personal data and safely allows you to tap into yields from multiple savings products. | Multiple signups, savings accounts, and products at different institutions each require you to provide sensitive personal information. |
The platform brings together diverse and competitive group of banks and credit unions offering a range of savings products, including a variety of CDs, that could increase your earnings potential. | There are fewer product options, possibly limiting your savings potential. |
Only one login is required. You manage all your chosen savings products through the Raisin platform. | By opening new accounts at multiple institutions, you get more statements, must remember more passwords, and waste time. |
Open an account in minutes
Select
the right product for your savings goals.
Register
with an email address and password, then verify your identity and bank information.
Fund
the savings products you add to your new Raisin login.