The Raisin UK Account
fund savings products
With your Raisin UK Account, you only ever need to fill out one application form when you register with us, after which you just need to log in and click apply to apply for any savings product in our marketplace. That’s it; we won’t ask you to keep filling in application forms, even if you apply for a savings product from a different partner bank.
Your Raisin UK Account includes a range of tools designed to make it easy to manage your savings products, including secure messaging and the ability to quickly view your savings products essential information, such as upcoming maturity dates and the overall balance of your Raisin UK Account.
So that you don’t have to provide your bank details to multiple partner banks and to make applying for savings products easier, your Raisin UK Account includes a secure wallet feature, providing you with an easy way to fund savings products.
Your Raisin UK Account secure wallet enables you to transfer funds from your nominated bank account (your personal bank account that you specify when you register) to the partner bank offering the savings product that you want to apply for. You can transfer funds to and from your Raisin UK Account at any time, meaning that your deposits can be ready when you want to fund a savings product.
You won't have to contend with a complicated transfer process or have to remember numerous bank details to fund a savings product; just top up your Raisin UK Account with the amount that you pledged, and it will be automatically transferred to the partner bank when your application is approved.
Your deposits and any interest or profit that you’ve earned will be transferred to your Raisin UK Account when your savings product matures, as will any bonuses that you're eligible for.
Please be aware that funds deposited into your Raisin UK Account won’t accrue any interest or profit until they are deposited into an interest or profit bearing savings product.
Like us, Starling Bank is challenging the status quo. We're proud to be one of the first in the UK to take advantage of Starling Bank's approach to open banking by providing you with an innovative, secure wallet through your Raisin UK Account, that puts you in the driving seat to managing your savings.
While you may deposit more if you wish to, deposits made into your Raisin UK Account are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, per banking group.
Save time, make money
The best way to understand the effectiveness of the Raisin UK platform is to try it for yourself.
Register with us today to discover first-hand how much you could earn on your savings.