WEX Bank
FDIC insured. No fees.
WEX is a global leader in financial technology solutions. They simplify the complexities of payment systems across continents and industries—including Fleet, Corporate Payments, and Health.
WEX Bank
FDIC insured. No fees.
WEX is a global leader in financial technology solutions. They simplify the complexities of payment systems across continents and industries—including Fleet, Corporate Payments, and Health.
About WEX Bank
Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates around the world. WEX fleet cards offer approximately 14 million vehicles exceptional payment security and control; their travel and corporate solutions business processes over $35 billion of purchase volume annually; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses.
Get to know WEX Bank
WEX Bank is an FDIC insured financial institution
Federal Deposit Insurance Corporation
WEX Bank is a member of the FDIC. Deposits in WEX Bank are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.
WEX Bank, powered by Raisin
WEX Bank uses the secure Raisin platform to feature and manage specially selected savings products. Customers open accounts at Raisin.com and the platform manages all aspects of the products offered by WEX Bank including operations, customer service and marketing. In simple terms, Raisin is a consumer facing digital storefront that provides access to WEX Bank products. Best of all, Raisin is completely free!
Start saving in 4 simple steps:
1.Discover competitive savings products.
2.Select the right products for your savings goals.
3.Register for a Raisin account — one is all you need!
4.Fund and access your new savings products.
Now you can add more savings products any time you want. It’s that simple!
Raisin FAQs
At Raisin, cybersecurity is a top priority and we implement a variety of technologies to protect our customer’s data, privacy and transactions.
Access: Raisin platform uses Multi-Factor authentication combined with leading authentication technology to protect our client identities.
Encryption: Your information is encrypted in-transit and at-rest using the latest cryptographic security algorithms.
Protection: Web application firewall advanced internet protection technologies are implemented to protect the Raisin site from malicious actors, botnets and denial of service attacks (DDOS).
Monitoring: The information security monitoring platform is in place to detect and alert on information security events.
Assessments: Our platform undergoes rigorous security assessments and testing from architecture planning to production phases.
In return for helping them connect with savers across the United States, we are paid fees by our product partner banks that offer savings products. This allows us to provide these services free of any charge from Raisin to our valued customers!
You are signing up for a WEX Bank savings product through the Raisin platform. Customers sign up with a Raisin account to access featured WEX Bank products. At all times, you remain a Raisin customer.
The Raisin name and logo are trademarks of Raisin GmbH. All other trademarks, logos, marks, and brand names are the property of their respective owners — used with permission.
© 2023 Raisin GmbH. All rights reserved.
*APY means Annual Percentage Yield. APY is accurate as of {todayDate}. Interest rate and APY may change after initial deposit. Minimum opening deposit is $1.00.
Customer funds are held in various custodial deposit accounts. Each customer authorizes the Custodian 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 Custodian 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 through Raisin.com. Central Bank of Kansas City, Member FDIC, d.b.a. Central Payments is the Service Bank. Lewis & Clark Bank is the Custodian Bank.