Raisin UK adds Union Bank to its savings service

Raisin.co.uk, the UK’s leading cash savings service, has announced the launch of the 15th bank to its platform – Union Bank of Nigeria.

The bank is UK based and all accounts featured on Raisin UK are fully FSCS protected up to £85,000. The bank will launch to UK customers with a competitive 1-Year Fixed Rate Deposit.

New customers to the savings site can also benefit from a Welcome Bonus where customers can earn up to £100 – which when combined with the bank’s rates, creates an offer too good for consumers to miss.

Discussing the launch Kevin Mountford, Raisin UK co-founder, said: “Welcoming Union Bank to raisin.co.uk further demonstrates the consumer appetite for more freedom over their hard-earned cash. We launched Notice Accounts to our customers late last year, and they continue to grow in popularity and the addition of Union Banks’ competitive 1-Year Fixed Rate Bond will give them even more choice and flexibility. Also great to see another savings player in the market which helps to boost options for UK savers.”

To date, across Europe Raisin has brokered 22 billion Euros, and has 250,000 customers across 31 European countries on Raisin’s seven platforms. With 91 partner banks, Raisin offers by far the largest variety of products and partner banks of all savings platforms and allows customers a wider choice and freedom of choice.

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