Best Savings Accounts on Raisin in August 2026: Up to 4.15% APY*
Access exclusive savings rates 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
Earn up to $1,200 with code SUMMER26 at sign-up.
Bank
Product
APY
New Raisin Users: 90-Day Rate Lock
New Raisin Users: 60-Day Rate Lock
New Raisin Users: 120-Day Rate Lock
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.
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New customer offer: here's how to earn up to $1,200¹
Earn an exclusive cash bonus when you sign up and fund your account using code SUMMER26. Earn even more with an extra cash boost when you set your savings on autopilot.¹
Claim your welcome bonus
Enter promo code SUMMER26 at sign-up and deposit a total of $10,000 or more within 14 days to secure your base cash bonus and unlock the optional recurring deposit reward.
Add an extra boost (optional)
To earn an additional reward, schedule two or more recurring deposits within your first 90 days. You are eligible for a maximum additional bonus based on your deposit tier, allowing you to choose your matching recurring bonus tier or any tier below it.
Get rewarded
Maintain your balance for 90 days. Once all promotional requirements are met, your total combined cash bonus will be credited to your account within 30 days.
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 provide the secure technology to manage your savings, while federally insured banks and credit unions directly hold your deposits. This ensures your money is never commingled — and is eligible for FDIC or NCUA insurance, up to $250,000 per depositor, per institution, subject to certain conditions.†
By spreading your savings across multiple partners, you can access over $10 million in total coverage, while our advanced encryption and daily synchronized records ensure your funds remain undeniably yours.
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 4.00% APY*) | 0.38% 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 HYSAs 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 100+ 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 for high-yield savings accounts (HYSAs)?
Raisin is a free platform that lets you open and manage high-yield savings accounts from 100+ FDIC- and NCUA-insured banks and credit unions using one login. You can start with $1, earn top variable APYs, and move funds easily between accounts without creating new passwords.
How are my high-yield savings account (HYSA) deposits protected?
Deposits are held directly by partner banks and credit unions, and are eligible for pass-through FDIC or NCUA insurance up to $250,000 per institution, per depositor, subject to certain conditions. By spreading funds across multiple partner accounts on Raisin, you can access over $10 million in total deposit coverage.†
To learn more about pass-through deposit insurance, click here.
How liquid are my funds in a high-yield savings account on Raisin?
Raisin HYSAs offer full liquidity with zero withdrawal fees. You can initiate transfers back to your linked external bank account at any time via your dashboard, with standard ACH settlement taking 1 to 2 business days.
For more information on transactions and transaction timelines, please click here.
Are high-yield savings account rates on Raisin variable or fixed?
High-yield savings accounts feature variable interest rates that fluctuate with Federal Reserve policy and market conditions. While APYs found on the Raisin platform can change over time, they consistently pay significantly higher yields than national average brick-and-mortar savings rates.
Can I open a joint high-yield savings account on Raisin?
Yes. You can open joint high-yield savings accounts, money market deposit accounts, and certificates of deposit (CDs) through Raisin with another person. When selecting a product on Raisin, choose :Add a Joint Owner” during registration. Both owners will complete a quick identity check.
Already registered? You can also add a joint owner when funding a new deposit product from your account dashboard. For more information, read our guide on how to open joint accounts on Raisin here.
How do rate-lock offers work for my high-yield savings account?
Raisin occasionally features rate-lock offers on select high-yield savings accounts, locking in your promotional APY for a specified term (e.g., 30 to 60 days), after which it adjusts to a standard variable rate. While standard HYSA rates are variable, these special offers keep your rate fixed during the promotional window while maintaining your full flexibility to withdraw funds anytime.
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.
¹New customers only. Earn a cash bonus (the "Base Bonus") when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Base Bonus of $50 for depositing between $10,000 and $24,999; $125 for depositing between $25,000 and $49,999; $250 for depositing between $50,000 and $99,999; $500 for depositing between $100,000 and $199,999; and $1,000 for depositing $200,000 or more.
Customers may earn an additional bonus by setting up a recurring deposit within 14 days of their initial deposit (the “Recurring Deposit Bonus”). To qualify, the recurring deposit must be established within 14 days of the initial deposit date and it must execute at least two (2) times within 90-days of the initial deposit. Recurring Deposit Bonus eligibility is determined by your Base Bonus tier:
- Customers depositing between $10,000–$24,999 with aggregate recurring deposits of $100 or greater receive a $10 bonus
- Customers depositing between $25,000–$49,999 with aggregate recurring deposits of $250 or greater receive a $25 bonus
- Customers depositing between $50,000–$99,999 with aggregate recurring deposits of $500 or greater receive a $50 bonus
- Customers depositing between $100,000–$199,999 with aggregate recurring deposits of $1,000 or greater receive a $100 bonus
- Customers depositing between $200,000+ with aggregate recurring deposits of $2,000 or greater receive a $200 bonus
Customers are eligible to earn the Recurring Deposit Bonus associated with their Base Bonus tier or any lower Recurring Deposit Bonus tier. For example, a customer with an initial deposit of $200,000 (qualifying for the highest Base Bonus tier) whose aggregate recurring deposits total $500, is eligible for the lower tier and will receive the $50 Recurring Deposit Bonus. However, setting up a recurring deposit greater than your Base Bonus tier's required threshold will not qualify you for a higher Recurring Deposit Bonus.
The Recurring Deposit Bonus is paid in addition to the Base Bonus. To qualify for the Base Bonus and Recurring Deposit Bonus, your first deposit must be initiated between June 1, 2026, and August 31, 2026, by 11:59 PM ET, and the promo code SUMMER26 must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for the Base Bonus.. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.
© 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 August 12, 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.