Best Money Market Account Rates on Raisin in April 2026
Access exclusive savings rates up to 3.95% APY* from 100+ trusted banks and credit unions with Raisin
- One simple platform to manage your savings
- Up to $10M in FDIC and NCUA deposit insurance†
- Zero account fees
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Earn up to $1,500 with code FRESHSTART at sign-up.
Bank
Product
APY
Raisin is not an FDIC-insured bank or NCUA-insured credit union and does not hold any customer funds. FDIC deposit insurance covers the failure of an insured bank and NCUA deposit insurance coverage covers the failure of an insured credit union.
How do we bring these rates to you? Partner banks and credit unions use Raisin to reach new savers nationwide. Raisin gives you access to all of these exclusive rates in one place, while your money stays at federally insured partner banks and credit unions.
New customer offer: earn up to $1,500¹ in bonus cash
Moving your savings to Raisin let's you earn more than just competitive rates. For a limited time, new customers can get up to a $1,500 cash bonus when you use code FRESHSTART.¹
Here's how it works:
1. Select a savings offer and sign up: Choose and fund at least one high-yield savings account or CD on the Raisin platform to get started. Be sure to enter bonus code FRESHSTART during sign-up to be eligible for a cash bonus.
2. Deposit funds: The more you save, the more you can earn. Make a qualifying deposit(s) within 14 days of opening your account to set your bonus tier.
3. Maintain your deposit(s): Maintain your deposit(s) for 90 days from your first deposit date to earn your bonus.
Why savers choose Raisin
Top rates, less work
Access exclusive rates from 100+ FDIC-member banks and NCUA-insured credit unions all in one place.
Deposits and security
Get $10M+ in FDIC or NCUA insurance through our partner network, subject to certain conditions.†
One secure login
Open and manage your savings accounts and tax documents with one secure login.
No fees
Raisin's platform is free to use, with no account fees or minimum balance requirements.
Get $10M+ in FDIC or NCUA coverage
Raisin isn’t a bank. We partner with federally insured banks and credit unions that hold your deposits. That means your money is eligible for FDIC or NCUA insurance — up to $250,000 per institution, per depositor, subject to certain conditions.†
By spreading your savings across multiple partners, your money is protected well beyond what a single bank can offer.
Join the 1M+ others already earning more
What makes Raisin different
Raisin isn’t a bank and that’s a good thing. We partner directly with banks and credit unions to bring you their best savings offers — all managed through one Raisin login.
APY | Top rates (up to 4.05%) | -% national average |
Minimum to open | Just $1 | Often $25–$100+ |
Fees & penalties | No fees, no withdrawal penalties | Monthly fees & withdrawal limits |
Insurance | $10M+ FDIC or NCUA insurance across partners* | $250K per institution, per depositor |
Flexibility | Easily move your money between products as rates change | Tied to one bank’s rates |
It's easy to get started
1. Create a free Raisin login
Open your account in minutes by following Raisin’s secure sign-up process. It’s the only one you’ll ever need.
2. Access more ways to save
With Raisin you get exclusive savings offers from 75+ top banks and credit unions, all in one place.
3. Start saving instantly
Link your bank and open your first product with as little as $1. Earn more from day one.
Answers to frequently asked questions
How does Raisin work?
Raisin makes it easy to earn more on your savings.
On our secure platform, you can open high-yield savings products and CDs with federally insured banks and credit unions — all managed through one login.
We partner with more than 100 financial institutions, giving you more choice and making top rates easier to reach than ever. Open an account with as little as $1 or manage six-figure balances with confidence knowing every deposit is held at an FDIC- or NCUA-insured institution.
No fees. No minimums. Just a smarter way to grow your money.
Is Raisin a bank?
Raisin itself is not a bank or a regulated financial institution. We partner only with regulated banks and credit unions which always hold your funds. These financial institutions are overseen primarily by banking regulators such as FDIC, NCUA, OCC, Federal Reserve Board or state banking authorities, and are subject to the oversight of agencies like the CFPB, FTC, SEC and CFTC as applicable.
How are my deposits protected?
Deposits placed through the Raisin platform with FDIC-insured banks are eligible for pass-through deposit insurance from the FDIC; certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Raisin is not an FDIC-insured bank. FDIC deposit insurance covers the failure of an insured bank. To learn more about pass-through deposit insurance, click here.
Deposits placed through the Raisin platform with NCUA-insured credit unions are eligible for pass-through deposit insurance; from the NCUA through its Share Insurance Fund; certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Raisin is not an NCUA-insured credit union. NCUA deposit insurance covers the failure of an insured credit union.
For more information on federal deposit insurance coverage limits and how they may impact your deposits, please refer to our Terms of Service.
What types of products are available through Raisin?
Your Raisin login offers you access to savings accounts and certificates of deposit offered by a nationwide network of banks and credit unions. These products include:
- High-Yield Savings Account (HYSA). As the name indicates, this account type functions like a traditional savings account, with no restrictions on deposits or withdrawals. However, it earns interest (or dividends in the case of credit union savings products) at rates that are higher than the national average for standard savings accounts.
- Money Market Deposit Account (MMDA). Also known as a money market account or MMA, this type of savings account offers a varying rate that allows you to earn interest (or dividends) on your funds with maximum flexibility for withdrawals. Like a HYSA, an MMDA offers features of a traditional savings account with typically higher returns.
- No-Penalty CD. Through the flexibility of a No-Penalty CD, you can lock in a competitive rate for a fixed term with the option to make a full withdrawal without having to pay a penalty for the early termination. Terms and conditions may vary by product. Please see specific product terms for more details.
- Fixed-Term CD. With this savings vehicle, funds are held for a fixed term, and a competitive APY (annual percentage yield) provides safe, predictable earnings. In contrast to No-Penalty CDs, typically you are charged a fee if you do not complete the full term of the Fixed-Term CD.
- Callable CD. With this savings vehicle, funds are held for a fixed term, and a competitive APY (annual percentage yield) provides safe, predictable earnings. In contrast to traditional High Yield CD, partner banks may call CD's before their maturity date.
How do I move money in and out of Raisin?
All transactions to and from the Raisin platform are conducted via your online dashboard.
Deposits to products on the platform can either be made directly from your external account or from your Cash Account.
Transfers between products or out of the platform are all conducted via the Cash Account.
The Cash Account is powered by First International Bank & Trust (""FIBT""), an FDIC-member bank based in Watford City, North Dakota.
For more information on transactions and transaction timelines, please click here.
If Raisin is free to use, how do you make money?
Our partner banks and credit unions pay fees to Raisin in return for marketing their products to savers across the United States. This allows us to provide our platform and services free to our valued customers! That’s a win-win!
Not sure where to start? We’re here to help.
Our support team is available Monday through Friday from 8 a.m. – 8 p.m. ET. Call 844-994-EARN (3276) or email us at support.us@raisin.com.
Open an account today
It's easy to get started — just select a savings product and start earning.
More about money market accounts
What is a money market account?
A money market account (MMA) is a high-yield, federally insured savings vehicle that includes checking features. It is designed for investors who want to earn competitive interest rates without locking their money away in a long-term contract.
How does a money market account work?
Money market accounts (MMAs) traditionally act as a “checking-savings hybrid,” offering tiered interest rates where higher balances unlock better APYs, alongside direct access via debit cards or checks. However, banks using platforms like Raisin flip this model: they strip away the cards and checkbooks to offer a flat, market-leading rate to all depositors, regardless of their balance.
Money market account vs. savings account: What's the difference?
Traditionally, money market accounts (MMAs) are checking-savings hybrids with debit cards and tiered rates, while Savings Accounts are transfer-only. On Raisin, this distinction disappears: both lack cards/checks, offer flat high yields, and have a $1 minimum.
What are the benefits of a money market account (MMA)?
A money market account combines the high interest of a savings account with the flexibility of a checking account. Key benefits include:
Higher yields: Typically offers better interest rates (APY) than standard savings accounts.
Easy access: Includes check-writing privileges and debit card access for immediate liquidity.
Safety: Federally insured up to $250,000 per depositor, per insured institution by the FDIC or NCUA.
No lock-up: Unlike a CD, you can withdraw funds at any time without term penalties.
Can I withdraw money from a money market account?
Yes. While there are no longer federal limits on withdrawals, some banks may still charge fees for frequent transactions. Accounts opened via Raisin offer unlimited withdrawals.
What is a money market account used for?
Many customers use money market accounts for liquid "goal" savings, such as:
Emergency funds: Flexible access for repairs or medical bills.
Large purchases: Holding a home down payment or tuition fees.
Steady growth: Earning competitive interest on cash you don't need for daily spending.
© 2026 Raisin SE. All rights reserved.
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 8, 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.