Raisin is a financial platform that provides access to high-yield savings products from multiple banks. It allows you to manage your savings in one account while enjoying FDIC insurance coverage across banks for up to $10 million.
When you sign up and use the code raymondw059011 you’ll earn up to $200 in bonus cash.
Here’s what you need to do:
- Sign up with Raisin and use the referral code raymondw059011 during registration.
- Fund your account with a minimum of $5,000.
- Maintain a balance of at leat $5,000 for 90 days.
The bonus is available immediately once deposited into your account.
About Raisin
Raisin, formerly known as SaveBetter, is a platform that connects people with high-interest savings accounts, money markets, and CDs from over 40 banks and credit unions.
Raisin isn’t a bank itself. Instead, your money is deposited directly into accounts at the company’s partner banks and credit unions, giving you the security of FDIC insurance and competitive interest rates.
Raisin doesn’t move money daily between banks to capture the highest interest rate possible. Instead, it’s a solution for higher-net-worth individuals who want to manage their FDIC insurance across multiple accounts without dealing with numerous banks.
How Does The Raisin Bonus Compare?
This offer stands out if you compare it to other faster bank bonuses, e.g. bonuses that only take 90 days or less.
The $200 bonus on a $5,000 deposit over 90 days is like earning a 21.22% annual interest rate, much higher than typical offers like Moomoo’s 8.1% introductory rate.
