4 ways Raisin platform will help you smash your savings goals
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Never again will you have to pass up a great savings opportunity all because you wanted to avoid the hassle of opening a new account with another bank. Filling out online forms, connecting bank accounts, and remembering new log-ins are added unnecessary inconveniences. That’s why we’re on a mission to help you save.
The Raisin platform allows you to take advantage of high-quality savings products multiple financial institutions from our exclusive network of banks and credit unions, all from one login.
However, Raisin.com allows you to disburse your savings via one online login, to an array of savings products offered by various banks and credit unions – with just one registration and a seamless funding experience.
With Raisin.com, your one-time registration allows you to take advantage of multiple high-yield savings options, and track them all from one place.
Here are four reasons to become a part of our savings revolution:
1. Diversify your savings
Diversification means owning a variety of assets that perform differently over time. By diversifying your investments you can improve your potential returns and stabilize your results.
When it comes to your liquid cash savings, sticking to a single savings product from one bank or institution means you’re limited to the benefits and terms of that one product.
As financial institutions vie for your business, each offers a variety of different products that can benefit your savings goals.
With traditional banking, to take advantage of different institutions’ benefits, you were typically required to open an account with each unique product provider. That could mean having accounts at many institutions, or simply forgoing those benefits to avoid the hassle of managing multiple accounts.
However, Raisin.com allows you to disburse your savings via one online account, to an array of savings product providers – with just one account registration and a seamless account funding experience.
2. Save time with an exclusive selection of savings products
Digging through the sea of available savings products on the market can be time-consuming.
Raisin’s network of partner banks gives you access to high-yield savings products and traditional or no-penalty Certificates of Deposits.
It’s not only finding the products that takes time, but the repetitive process of registering for multiple accounts that can be a hassle, too.
With Raisin.com, your one-time account registration allows you to take advantage of multiple high-yield savings options, and track them all from one place.
3. Your savings are deposited with federally regulated banks and credit unions
Raisin.com partners with a network of federally regulated banks and credit unions.
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.
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 never touches your funds and all funds on the Raisin platform are always held by a federally regulated financial institution. When you make a deposit, that money is directly transferred from your bank to a custodial account at the financial institution offering the product you selected.
4. Get streamlined tax statements
The Raisin platform also makes tax time easier. Rather than having to hunt down an interest income statement (1099-INT) from every separate financial institution, Raisin will provide you with your tax documents all in one place.
For customers with liquid cash holdings across multiple high-yield savings accounts and CDs, unifying those statements can remove some of the stress of tax paperwork.
A new way to view savings
With the introduction of Raisin's innovative online savings marketplace, we’re making it possible to revolutionize the way our customers manage their financial future.
We understand the difficulty of finding and saving via multiple products the traditional way. By broadening your access to those products, by facilitating choice and convenience without sacrificing safety, Raisin.com helps you increase your savings goals.
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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 18, 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.