Raisin has updated its account opening bonus. You can now earn up to a $1,000 bonus + 4.20% APY. You need a large deposit to earn the full bonus, but you only need to keep the funds there for 90 days, so the effective annualized yield can be as high as about 6.43%. It is a pretty solid option to use like a high-yield savings account. Raisin is essentially a collection of offers from various smaller banks, all with FDIC/NCUA insurance, so you can choose the bank you like and open an account.

You need to open the account using promo code STACK, deposit the required funds within 14 days after account opening, and maintain them for 90 days. The bonus will be paid within 30 days after you meet the requirements.

  • $40 bonus: deposit $10,000-$24,999
  • $100 bonus: deposit $25,000-$49,999
  • $200 bonus: deposit $50,000-$99,999
  • $425 bonus: deposit $100,000-$199,999
  • $900 bonus: deposit $200,000 or more

If, within 14 days after your initial deposit, you also put at least $1,000 into a second product category, you can receive an additional Savings + CD Boost. You only need to put $1,000 into the second category.

  • Deposit $10,000-$24,999: extra $10
  • Deposit $25,000-$49,999: extra $25
  • Deposit $50,000-$99,999: extra $50
  • Deposit $100,000-$199,999: extra $75
  • Deposit $200,000 or more: extra $100, for a maximum total bonus of $1,000

The second product here needs to be in a different category from the first deposit. Raisin currently divides products into three categories: regular savings accounts, high-yield CDs, and No-Penalty CD/Callable CD products. This promotion is limited to new customers. Your first deposit must be initiated between September 1, 2026, and September 30, 2026, and you must enter promo code STACK at sign-up. Only funds deposited within 14 days after the initial deposit and continuously maintained for 90 days count toward bonus eligibility.

This bonus is pretty decent as well, so it has been added to our rankings. If you have enough idle cash, consider moving it among these high-yield accounts to earn an excellent annualized return with no risk.

About Raisin

Raisin, formerly SaveBetter, has already served more than 400 banks and 1 million users in Europe, and officially rebranded to Raisin in the US in 2025. Raisin is a savings marketplace that connects depositors with multiple FDIC-insured banks and NCUA-insured credit unions offering high-yield savings accounts and certificates of deposit (CDs).

It acts as a unified portal, handling account opening and the front-end interface so users can conveniently manage all linked bank accounts in one place. However, Raisin itself does not hold your deposits; it only provides the front-end management layer. This diagram illustrates it well.

Raisin does a great job solving the visibility problem for local small credit unions and community banks, letting users discover many lesser-known financial institutions that still come with FDIC/NCUA protection. In addition, these smaller institutions often do not have the budget to build polished user interfaces or apps. By using Raisin's management portal directly, they can significantly reduce costs while also giving users a better experience.

Account Opening Bonus

See the beginning of this article.

Available Banks

As mentioned above, Raisin provides a unified operating interface, while your actual funds are deposited at various FDIC/NCUA-insured banks. Rates vary slightly by bank. The top options are shown below (data as of September 28, 2026). You can choose directly in the platform interface.

How to Open an Account

The process is very simple: pick a bank that looks good to you, register for a Raisin account, verify your information, and then deposit your funds.

Summary

Raisin is a pretty interesting financial platform. In addition to high-interest products, it also offers solid account opening bonuses. I have previously used the Schwab platform, where you can also buy various FDIC-insured bank deposit products (CDs), and the experience is very smooth, but the bonuses are not nearly this high.

Sign-Up Link