Raisin saving account with MSE, £40 cashback

tracyyi

It seemed going to end in 12 noon today.

Does it need to be £10,000 to get the £40 cash back?
and need keep 6 months?

phillw

tracyyi said:

It seemed going to end in 12 noon today.

Does it need to be £10,000 to get the £40 cash back?
and need keep 6 months?

Raisin is a 'savings marketplace', which means it offers savings accounts from the various banks that it partners with. It currently has a cashback offer where you get £40.

To qualify for the cashback, you need to be a new customer to Raisin. Here's how it all works...

1. Register with Raisin through this link* and enter MSE40 in the promo code box (it's the very last field before you create your account) by 11.59am on Tuesday 31 January. 
2. Open a new savings account (our top picks are below, though other accounts are available) and fund it with at least £10,000 by Friday 24 February.
   
3. The £40 cashback is then paid after 14 days. The exception is if you open an easy-access or notice account, in which case you'll need to keep £10,000+ in the account for at least six months – the cashback's then paid after 14 days of the six-month period ending.

Yes, minimum six months. If you pick a 12/24/36 month product then of course it's longer.

tracyyi

phillw said:

tracyyi said:

It seemed going to end in 12 noon today.

Does it need to be £10,000 to get the £40 cash back?
and need keep 6 months?

Raisin is a 'savings marketplace', which means it offers savings accounts from the various banks that it partners with. It currently has a cashback offer where you get £40.

To qualify for the cashback, you need to be a new customer to Raisin. Here's how it all works...

1. Register with Raisin through this link* and enter MSE40 in the promo code box (it's the very last field before you create your account) by 11.59am on Tuesday 31 January. 
2. Open a new savings account (our top picks are below, though other accounts are available) and fund it with at least £10,000 by Friday 24 February.
   
3. The £40 cashback is then paid after 14 days. The exception is if you open an easy-access or notice account, in which case you'll need to keep £10,000+ in the account for at least six months – the cashback's then paid after 14 days of the six-month period ending.

Yes, minimum six months. If you pick a 12/24/36 month product then of course it's longer.

Thank you.
and min is 6 months and the minimum is £10,000?

subjecttocontract

I've put £10K in a 6 month fix thru Raisin, it's paying 3.5%.
The £40 bonus raises the return to 4.3%
If you recommend a friend you get another £25 bonus which raises the return to 4.8%.
I suggest it's almost unprecedented for a 6 month fixed savings account.

tracyyi

subjecttocontract said:

I've put £10K in a 6 month fix thru Raisin, it's paying 3.5%.
The £40 bonus raises the return to 4.3%
If you recommend a friend you get another £25 bonus which raises the return to 4.8%.
I suggest it's almost unprecedented for a 6 month fixed savings account.

Had you received the £40 bonus?
I am wondering how secure they are.

Is it still available?

Secondly, if my partner register her account, does £40 bonus, better than I recommend her which is only cost £25?

subjecttocontract

No, I have to wait 14 days before the £40 is paid. I opened mine on 27th Jan.
Fscs protected.
Surely you can check on their website if it's still available.
If you recommend someone it says you receive £25 each.