Best online savings rates on Raisin: How our partners’ offer such high interest rates
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Raisin’s network of partner banks and credit unions offer a wide range of products through our platform, including high-yield savings accounts, money market deposit accounts, and certificates of deposit.
With some of the best savings rates all with no fees, some may ask, “How are the rates on Raisin so good?” or “What’s the catch?”
The truth is that there is no catch. Here’s how it’s so easy to find some of the best online savings rates in the country on Raisin.
How does the Raisin platform feature some of the best savings rates?
Raisin’s partner banks and credit unions use our platform to raise deposits from a wider pool of depositors than they may be able to effectively reach on their own. To help encourage savers to deposit, they may choose to offer some of the highest savings rates on the market.
How do Raisin’s partners set their online savings account rates?
Raisin’s partner banks and credit unions set their online savings account rates independently and may adjust them based on a variety of factors such as market conditions or their own funding needs. This means for funds in variable-rate products, like high-yield savings accounts, rates may change over time. In contrast, high-yield certificates of deposit (CDs) and no-penalty CDs allow savers to lock in today’s rates and earn them for a fixed period of time, in exchange for not accessing funds during that time.
No matter what the interest rate environment is, our partner banks and credit unions work to offer some of the best savings rates available nationwide.
Why are there no fees on Raisin?
When banks and credit unions are looking to raise deposits, they need an expert in the digital deposit space to help them out. Because Raisin has been helping customers earn some of the best online savings rates since 2012, it’s an obvious choice for these institutions to choose to partner with Raisin.
In exchange, these partner banks and credit unions pay Raisin fees, allowing them to then offer these high-yield savings accounts and CDs through our platform at no cost to savers nationwide.
What are the current top high-interest savings account rates?
With a single Raisin login, it’s easy to find, fund, and manage savings products from multiple banks and credit unions, including a wide range of high-yield savings accounts, or HYSAs.
High-yield savings accounts offer flexibility, with all of the accounts offered on the Raisin platform allowing unlimited transactions each month. A single Raisin login grants access to all of the active high-yield savings accounts on the platform, including some of the top savings account rates in the country.
Finding the top HSYA rates on Raisin is easy. Take a look below to see the current savings rates available on the platform.
Frequently asked questions about savings account interest rates
How do I know if these are good high-yield account rates?
One of the main things to consider when looking to save your money are high-yield account rates. Saving your money at the highest savings rates can allow you to meet or exceed your savings goals faster!
To understand whether the high-yield account rates are good, one step would be to take a look at the national average rates as published by the Federal Deposit Insurance Corporation and National Credit Union Administration. The FDIC publishes average rates offered by banks monthly, while the NCUA publishes a quarterly list with the average rates offered by credit unions. Comparing the savings rates you’re seeing with these lists can allow you to get a sense of how that rate compares with the national average.
One thing to consider when looking at high-yield account rates is that these types of accounts typically have variable rates. That means that the bank or credit union can adjust the interest rate over time based on market conditions or the bank or credit union’s funding needs. You may also want to confirm if the rate being offered is for a specific deposit amount or for an introductory period only. All high-yield account rates on Raisin have just a $1 minimum deposit to start, no ongoing account minimums, and no fees.
What’s the easiest way to find the best savings rates?
One of the easiest easy to compare and find the best savings rates is to use an online comparison tool, which lets you see online savings account rates offered by a range of financial institutions.
However, many of these online rate comparison tools will then send you to a specific bank or credit union’s website to open an account. Using an online savings marketplace like Raisin makes things even easier, allowing you to not only find some of the best online savings rates in the country, but to then open and manage that account with a single login.
What features should I look for besides top savings account rates?
When opening a high-yield savings account, finding the best savings account rate is only one factor to consider. You may also want to factor in if there are any fees, which could eat into potential returns. Other considerations can include any minimum balance requirements or transaction restrictions.
All high-yield savings accounts on the Raisin platform have no fees, no minimum balance requirements, and no transaction restrictions, making it easier to find a savings account that works for you.
The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business.
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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 26, 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.