How to read your Raisin account statement
One of the benefits of a Raisin account is the convenience of having all of your savings in the platform visible in a single monthly account statement.
To access your monthly statement, simply log into your Raisin account, then click Documents. Here, you will be able to view all of your account statements and tax documents in one place.
We’re taking a deep dive into how to get the most out of your account statement.
Your Account Statement
When you view your account statement, you will see very clearly what month and year the statement is for right at the top. For further clarity, the exact dates your statement covers are also right beneath the Raisin logo.
While we only offer digital statements, you can always print a copy for your records. The “Print” button is conveniently located in the top right corner.
Need assistance? Our Raisin customer service number is also on your statement in case you have any questions. (Not looking at your statement right now? It’s 844-994-EARN (3276) and our team is here to help Monday through Friday from 9:00 a.m. - 4:00 p.m. ET.)
Below this, you will see your name and mailing address, followed by your Raisin Customer ID.
Your unique Raisin Customer ID is how we track your deposits and ensure that your funds remain distinct from other customers. This distinction also allows for pass-through deposit insurance, which keeps your funds covered up to per-depositor, per-institution limits and how you’re able to maximize your deposit insurance coverage all with your Raisin login.
Next is your Statement Summary. You can consider this your quick look at every product you have in the Raisin platform.
Since your Raisin account allows you to spread your deposits across multiple products and financial institutions with one login, this is a great view into exactly how your portfolio is diversified.
While looking at your Statement Summary, be sure to take a look at the Interest Earned and Interest Earned this Year columns. Here, you can see all of the interest you’ve earned for the month and year, respectively.
That’s money you might not have otherwise earned if you’d kept your funds in a non-interest bearing account!
Did you make any deposits or withdrawals this month?
In the Account Activity portion of your statement, you will be able to see any activity that occurred for each of your products that month. You will be able to see how your deposits (under Credits) or withdrawals (under Debits) impacted your balance and on which day they posted.
For each product, you will also see any interest earned posted on the last day of that month.
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