EXPIRED: Gatehouse Bank/Raisin UK offering 2% AER on 12 month fixed term accounts plus £50 bonus

ctdctd

sleeponit wrote: »

Did you contact them to specifically ask this? I also joined yesterday at midday and not yet funded it. My welcome e-mail made no mention of the £50.

It's in their FAQ's although the wording is somewhat different and open to interpretation!
https://www.raisin.co.uk/faqs


"
Can I still claim the £50 launch bonus?

If you funded a savings product for the first time through the Raisin UK savings marketplace before 16:59 on the 2nd of August 2018, you can claim the £50 launch bonus. You still have 30 calendar days from the date that you funded your savings product to claim your launch bonus, meaning that the last day you can claim your launch bonus is the 1st of September 2018."

karlie88

So the question is, will they honour the £50 bonus payment for those who opened an account before 5pm yesterday but have yet to deposit their £1k?

The email I received from them yesterday suggests they will but the FAQ posted by ctdctd states it needed to have been funded by 5pm. I'm sure it'll be clarified within the next few days. I personally think what they said in the email will be correct.

As for those who funded between 16:59 and 17:00 then unfortunately you have been forgotten.

chris024

I called them and they said that they would still give the bonus as long as the account was opened before 5pm on 02.08.18 and the account is funded within 5 business days.

youngretired

I sent my "Launch bonus" email today with my full name included as instructed, stating the £50 bonus as the new T&C's state to quote amount claiming. I have received the below response back:

Thank you for contacting us to claim your Raisin UK bonus. We'll process your claim shortly, but please note that to be eligible for a bonus, we must receive your claim within 30 days of funding a savings product from the email address that you registered with.

Depending on the bonus type that you have claimed, there may be further bonus eligibility requirements. You can read more about these on our bonus page or in our FAQs:

[Read our FAQs]

We will send you an email to let you know if your bonus claim has been successful. If you meet the eligibility requirements, your bonus will be paid within 60 days of funding a savings product.

Kind Regards

The Raisin UK Team

Is this what the original old response read re sending an email to let you know if your bonus claim was successful? as I can see from the forum that people received this email just before being paid so after 30 days.

masonic

youngretired wrote: »

Is this what the original old response read re sending an email to let you know if your bonus claim was successful? as I can see from the forum that people received this email just before being paid so after 30 days.

The original old response was just a confirmation that they received your email. They've obviously started to filter out the bonus emails and send them a more specific response.

pafpcg

This is what both I and my partner received in response to our claims in early July:

Hello,
Thank you for contacting us about your Raisin UK launch bonus. This is
currently with our team who are processing this request for you. If you're
eligible; you'll receive your bonus within 60 days of funding your savings
product.

Please note that to be eligible for our launch bonus, this needs to be the
first time you've funded a savings product through Raisin UK, and we must
receive your claim from the email address that you registered with, within
30 days of funding your savings product.

Please read our FAQs to find out more about bonus eligibility:

Kind Regards

The Raisin UK Customer Services Team

A few days later, I received an email saying "Your £50 launch bonus is on its way" and the £50 appeared in my bank account.

My partner received nothing until she sent a reminder email and received a response a few days ago which is identical to your email.

My interpretation of these emails is that you don't know that you've met their eligibility criteria until you get the "Your £50 launch bonus is on its way" email.

Steve_xx

pafpcg wrote: »

This is what both I and my partner received in response to our claims in early J
My interpretation of these emails is that you don't know that you've met their eligibility criteria until you get the "Your £50 launch bonus is on its way" email.

I wouldnt rely on receiving such an email. I didnt, and Ive overseen four of these.

Esporta65

I instinctively felt it was not advisable to invest into a bank via an intermediary but the original £50 bonus offered by raisin tempted me. I invested in the ICICI 1 year fixed rate account on 2 August but the investment start date with ICICI was 7 August. This is 5 days loss of interest from the original account whilst the money was being transferred to ICICI through the intermediary.

ValiantSon

Esporta65 wrote: »

I instinctively felt it was not advisable to invest into a bank via an intermediary but the original £50 bonus offered by raisin tempted me. I invested in the ICICI 1 year fixed rate account on 2 August but the investment start date with ICICI was 7 August. This is 5 days loss of interest from the original account whilst the money was being transferred to ICICI through the intermediary.

No it isn't. If your account has an opening date of 7th August, then it will mature one year after that. You will still get 365 days interest.

Steve_xx

ValiantSon wrote: »

No it isn't. If your account has an opening date of 7th August, then it will mature one year after that. You will still get 365 days interest.

There is some loss really, during the period that the deposit is held buy Raisin/Meteor, before it goes into the nominated product.