85%Would buy again
Honestly this is the account I should have opened years ago. Signing up took me about twenty minutes including finding my ID, and the money from my bank came through the next working day. I like that I can check my balance and interest in the app whenever I want, which is brilliant for someone who usually forgets about savings until the end of the year.
Read moreAccount got stuck in identity checks for almost a week before I could fund it, which was annoying when I was trying to move money before the end of the month. I uploaded my passport and a utility bill and then heard nothing until I messaged the chat. Once it was sorted the money landed fine and the app works well. Just be ready to wait if you're in a hurry.
Read moreI'm used to dealing with my building society in person, so this was a different way of doing things for me. Compared with my old account the online setup took a little longer to understand, and I did have to ring them once to confirm a transfer. Staff were polite when I did get through, though the wait was a bit long. The interest is fair, and the money arrived when they said it would.
Read moreSent money to my savings from my current account and it showed up in the app in like ten minutes. The only thing is the site loaded a bit slow on my phone when I was checking the rate. Otherwise no issues and the interest is decent.
I opened my first savings pot with them last month and wasn't sure what to expect. The sign up asked for a few ID bits and I had to wait a day for the check, which was a bit slow. After that everything went smoothly and the interest is paid monthly into my account. A bit of a wait at the start but I'm happy with it.
I needed a safe place to put a lump sum from my pension, as the bank rate had dropped to almost nothing. The savings rate is sensible and the account is easy enough to manage online. There's a small bit of fiddling with the app but nothing I couldn't handle.
I'd been sitting on cash in a current account earning nothing, so I wanted something that paid properly. The fixed rate saver beat what my bank was offering by a fair margin. Opening it took a couple of goes because a form field wouldn't take my postcode but support sorted it fast enough. Would still pick it again.
Opened a fixed rate saver for a year on the app, took like five mins to sign up. Money came out of my account the same day and the interest rate is pretty decent compared to my old bank. Only thing is the app is a bit clunky when you try to check old statements but otherwise sorted.
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Raisin is a financial platform that lets savers in the United Kingdom access deposit accounts and savings products from a range of banks across Europe through a single online account. The company describes its model as a deposit marketplace, where customers can compare rates and open accounts with partner institutions without having to register separately with each bank. The service is delivered entirely online through a web and mobile experience, with savings held with the partner banks and protected under the relevant national deposit guarantee schemes.
Raisin's customers are people looking to put their money to work in fixed term and instant access deposits and who prefer to manage their savings in one place. The company is known for its focus on savings and investment products rather than current accounts or lending, and it sets out its terms, eligibility and the protections that apply to each partner bank in its published documentation.
Credit & loans | Finance | Savings | Investing | Money transfer
