Claim a welcome bonus of up to £50

We make it easier to grow your savings by giving you access to savings accounts from a range of partner banks, including exclusive banks, products and offers not available anywhere else. Through our savings service, you can view and manage your savings in one place.

As a reward for registering for a Raisin UK Account and applying for, funding and opening your first savings account through our marketplace, you can claim a welcome bonus of up to £50.

On 10th August 2020, we updated our welcome bonus. For details of our old welcome bonus, please read the FAQs at the bottom of this page.

Our welcome bonus eligibility

Our welcome bonus is only available to new customers who register for a Raisin UK Account and open their first savings account through our marketplace with a minimum deposit of £5,000 for a minimum period of six months. The welcome bonus amount you can claim depends on how much you deposit into your first savings account through our marketplace. You can only receive this bonus by meeting these eligibility requirements and sending your claim via email as described below.

Currently, our welcome bonus is only available to customers opening fixed rate bonds or notice accounts for a minimum of six months, and a maximum of one welcome bonus can be claimed per person.

Which welcome bonus amount you can claim

The welcome bonus amount you can claim depends on how much you deposit into the first savings account you open through our marketplace. You can’t change the deposit amount of a savings account once you’ve applied (if you want to change your deposit amount, you’ll need to cancel your application and enter the correct amount when you reapply), but you can make as many transactions as you need to reach the deposit amount, so be sure to enter the right deposit amount when applying.

Deposit amount Welcome bonus amount
£5,000 to £9,999 £5
£10,000 to £39,999 £10
£40,000 to £74,999 £25
£75,000 to £85,000 £50

How to claim your welcome bonus

To claim your welcome bonus, send an email from the address associated with your Raisin UK Account to bonus@raisin.co.uk, with ‘Welcome bonus‘ in the subject line within six months of funding your first savings account. This email should contain your full name.

Please only send your bonus claim email after you have funded and opened your first savings account.

When you'll receive your welcome bonus

After we have received your bonus claim email and verified that you meet our eligibility requirements, the date we pay your welcome bonus into your Raisin UK Account depends on the type of savings account you open:

Opening a fixed rate bond

We will pay your welcome bonus within 14 calendar days of receipt of your eligible welcome bonus claim email.

Opening a notice account

We will pay your welcome bonus within 14 calendar days of your eligible notice account being open for six months.

Please be aware that we are only able to approve your welcome bonus claim once you receive your savings account opening confirmation email.

Welcome bonus FAQs

The welcome bonus amount you can claim depends on how much you deposit into the first savings account you open through our marketplace. You can’t increase the deposit amount of your first savings account once you’ve applied (if you want to change the amount, you will need to cancel your application and reapply with the new amount), but you can make as many transactions as you need to reach the deposit amount, so be sure to enter the right deposit amount when applying.

Account type

Deposit amount

Bonus amount

Fixed Rate Bond
or Notice Account

£5,000 to £9,999

£5

Fixed Rate Bond
or Notice Account

£10,000 to £39,999

£10

Fixed Rate Bond
or Notice Account

£40,000 to £74,999

£25

Fixed Rate Bond
or Notice Account

£75,000 to £85,000

£50

 

This bonus is available to customers who fund their first savings account on or after 10th August 2020.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

To claim your welcome bonus, send an email from the address associated with your Raisin UK Account to to bonus@raisin.co.uk, with ‘Welcome bonus‘ in the subject line within six months of funding your first savings account. This email should contain your full name and the bonus amount you wish to claim.

Please only send your bonus claim email after you have funded and opened your first savings account.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

You can only claim a welcome bonus for opening and fully funding your first savings account with us. The savings account that you first fund needs to have a term of at least six months and you need to deposit a minimum amount of £5,000. If you cancel your savings account or withdraw funds within the first six months, you will no longer be eligible for a welcome bonus.

Please be aware that this bonus is not paid automatically and needs to be claimed by sending an email to bonus@raisin.co.uk within six months of funding your first savings account at Raisin UK.

A maximum of one welcome bonus can be claimed per person.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

We will credit your welcome bonus to your Raisin UK Account, but when you receive your welcome bonus depends on the type of savings account you open. After we have received your bonus claim email and verified that you meet our eligibility requirements, the date we pay your welcome bonus into your Raisin UK Account depends on the type of savings account you open:

Opening a fixed rate bond

We will pay your welcome bonus within 14 calendar days of receipt of your eligible welcome bonus claim email.

Opening a notice account

We will pay your welcome bonus within 14 calendar days of your eligible notice account being open for six months.

Please be aware that we are only able to approve your welcome bonus claim after you receive your first savings account opening confirmation email.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

Yes, to be eligible for a Raisin UK welcome bonus, you need to deposit at least £5,000 into the first savings account you open through our marketplace. Deposits of less than £5,000 do not qualify for our welcome bonus.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

No, our welcome bonus is only available to those who fund a savings account through our marketplace for the first time.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

No, you must send your welcome bonus claim from the email address that you registered with. If you make a welcome bonus claim from an email address other than the one that you registered with, your claim may not be processed.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

Yes, we previously offered a £10 welcome bonus that was available to customers opening their first savings account through our marketplace with a minimum balance of £5,000 for a minimum period of six months. This welcome bonus offer expired on 10th August 2020 when our new welcome bonus offer went live, and is only available to customers who fully funded their first savings account while this bonus offer was active, but we are extending the funding cutoff date to 31st August 2020 for those who open their first savings account through our marketplace with between £5,000 and £9,999.

Prior to this, we offered a tiered welcome bonus wherein how much you could claim depended on how much you deposited into a savings account through our marketplace for a minimum of six months. This welcome bonus offer expired on 13th July 2020 when our current welcome bonus offer went live. The deposit criteria for our previous welcome bonus was as follows:

Account type

Deposit amount

Bonus amount

Fixed Rate Bond
or Notice Account

£5,000 to £9,999

£10

Fixed Rate Bond
or Notice Account

£10,000 to £39,999

£25

Fixed Rate Bond
or Notice Account

£40,000 to £74,999

£50

Fixed Rate Bond
or Notice Account

£75,000 to £85,000

£100

If you funded your first savings account with us between 31st October 2019 and 13th July, you have six months to claim this previous welcome bonus, provided that the savings account you applied for has a term of at least six months and you deposited at least £5,000.

Please be aware that as with our current welcome bonus, if you cancel your savings account or withdraw funds within the first six months, you will no longer be eligible for a welcome bonus.

In February 2020, we offered our customers a Raisin Rewards bonus.

Was this article helpful? Yes No
Thank you for your feedback
Please contact our Customer Services Team: 0161 601 0000, service@raisin.co.uk

Save time, make money

After you register for your one single login, you can conveniently view, purchase and manage savings
accounts with competitive interest rates in one place; the Raisin UK savings marketplace. Start
making money on your savings today.