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Raisin extra £40 bonus terms and conditions

seriously
Posts: 41 Forumite


Hi
I have already opened a Raisin account using the MSE40 code but cannot open a savings account yet as it requires a passport number. I am awaiting my renewed passport to arrive, which will have a new number. On condition 4, it says to be eligible for the £40 you must open a savings account after my Raisin account is active but then further states you have until 24/02/23 to fund it.
My question:
I have an active Raisins account and will likely only be able to open the savings account after 31/01/23 but before 24/02/23. Will I still be eligible for the bonus?
Thanks.
Please see the Terms and Conditions below:
- To be eligible to receive your £40 MoneySavingExpert bonus, you must use the promo code ‘MSE40’ whilst signing up for a new Raisin UK Account (enter this in the ‘promo code’ box) 12.00pm 24/01/23 and 12.00pm 31/01/23.
- You must provide a valid email address in the sign-up forms available as part of the promotion and successfully apply for and open a Raisin UK Account. A successful application requires you to pass AML/KYC checks by our service bank, Starling, and for your Raisin UK Account to become active.
- One registration per person allowed, and only one registration is valid per email address.
- After your Raisin UK Account has become active, you must then open a savings account with Raisin UK and successfully fund the new savings account with a minimum of £10,000. Your savings account must be fully funded by 11.59pm on 24/02/23.
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Comments
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Yes, you've already 'signed up', so the remaining deadline that matters in the funding deadline. The account that qualifies is the first one you open, so some people have found that leaving a long delay between opening and funding can be problematic if the account in question has a more limited funding window (for example if it is closed to new applications shortly after you apply and the provider imposes a shorter than expected funding window). If you are going through identity verification and haven't yet applied for a savings account this should not be an issue.
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masonic said:Yes, you've already 'signed up', so the remaining deadline that matters in the funding deadline. The account that qualifies is the first one you open, so some people have found that leaving a long delay between opening and funding can be problematic if the account in question has a more limited funding window (for example if it is closed to new applications shortly after you apply and the provider imposes a shorter than expected funding window). If you are going through identity verification and haven't yet applied for a savings account this should not be an issue.
Appreciate your response.
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