£125 for existing Raisin customers who put at least £10,000 in a fixed-rate bond

OwnedByACat

You need to have an active savings account

https://www.raisin.co.uk/summer-loyalty-bonus/

Frequentlyhere

Good find. I wonder how many people stuck with Raisin to be able to take advantage of this?  I personally just didn't enjoy the middleman-ness of it all, with the resultant several days of money being neither here or there.

OwnedByACat

Yeah I don't have an active savings account with them, but not too cut up about it as I don't have £10,000 to spare either. But presumably someone must save with them.

nomorekids

So current offerings around 4.25% on 10000 plus £125 pushes rate to 5.5% approximately not bad for those with funds to invest, good find

friolento

I wonder whether the bonus counts as taxable income or as tax free cashback. The T&Cs don't say

gravel_2

friolento said:

I wonder whether the bonus counts as taxable income or as tax free cashback. The T&Cs don't say

Not sure I've seen cashback in context of savings accounts before. In any event they call it a "bonus" which would suggest to me bonus interest and it would be structured as such (taxable).

subjecttocontract

It's a good offer. Can't see anything else thats better elsewhere. I'm going for it.

trickydicky14

OwnedByACat said:

You need to have an active savings account

https://www.raisin.co.uk/summer-loyalty-bonus/

I was sent an email regarding this offer 2 weeks ago and as I still have a savings account with them I took up the offer as I had the funds available. 

Aidanmc

I got a letter in post from them a few weeks ago with an offer of £50 for 10k in fixed rate bond, no requirement for active accounts though.

friolento

Aidanmc said:

I got a letter in post from them a few weeks ago with an offer of £50 for 10k in fixed rate bond, no requirement for active accounts though.

I had that letter in the post, too. Didn’t go for it as it wasn’t very enticing. I might go for the £125 offer now.

EDIT: scratch this. I don't qualify as I do not have an active savings account with them.

EthicsGradient

trickydicky14 said:

OwnedByACat said:

You need to have an active savings account

https://www.raisin.co.uk/summer-loyalty-bonus/

I was sent an email regarding this offer 2 weeks ago and as I still have a savings account with them I took up the offer as I had the funds available. 

I have 2 fixed term accounts with them (not maturing until 2026), and they've said nothing to me, either by email or post (last thing I got from them was an update to T&Cs, on 28 July). I do typically say "don't send me email about offers" for everyone, since they always seems a waste of time - perhaps I did with Raisin and this time it could be worth it (I was planning on putting 9k in a fixed term account some time in October - I think I can stretch the amounts and date).