Best Savings Accounts on Raisin in January 2026: Up to 4.01%
Access exclusive savings rates from 75+ 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
One platform. Many ways to save.
Raisin makes it easy to find the right high-yield savings accounts. Compare top offers and easily switch as rates change — all on one, easy-to-use, platform.
$
Bank
Product
APY
New Raisin Users: 60-Day Rate Lock
mph.bank, a division of Liberty Savings Bank, F.S.B., Member FDIC
High-Yield Savings Account
4.01%
$2,005.00
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.
Jumpstart your savings — earn up to $2,000 with your first deposit.
Why smart savers use Raisin to manage and grow their savings
Raisin is free to use
Create a Raisin login in minutes and start saving with as little as $1 — all with zero account fees.
$10M+ in FDIC or NCUA coverage†
By spreading your savings across multiple partners, your money is protected well beyond what a single bank can offer.
No fees or withdrawal penalties
Raisin’s partner banks offer high-yield savings accounts with no maintenance fees and no withdrawal penalties.
Easily move your money as rates change
Shift your savings between products without opening new accounts or logging into different banks.
Open an account through Raisin today
It's easy to get started — just select a savings product and start earning.
What makes Raisin different
| High-Yield Savings Account via Raisin | Traditional Bank Savings Account | Traditional Bank HYSA |
APY | Top rates (up to X.XX%) | ~0.40% national avg | 2–4%, varies by bank |
Minimum to open | Just $1 | Often $25–$100+ | Often higher minimums for top APY |
Fees & penalties | No fees, no withdrawal penalties | Monthly fees & withdrawal limits | Fewer fees, but restrictions may apply |
Insurance | $10M+ FDIC or NCUA insurance across partners* | $250K per institution, per depositor | $250K per institution, per depositor |
Flexibility | Easily move your money between HYSAs as rates change | Tied to one bank’s rates | Tied to one bank’s rates |
1. Create a free Raisin login
Open your account in minutes by following Raisin’s secure signup 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 75 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.
© 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. 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 insuranceonly 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.