Raisin welcome bonus

eskbanker

flopsy1973 said:

Russ66 said:

flopsy1973 said:

the account I opened through them closed back in July and the money has been transferred to my raisin account so will I be eligible for this loyalty offer?

Do you mean your Raisin transaction account? . . . . The one that pays no interest? 

Yes that's the account sorry. So if I open active account now before 30th sep its too late ? No way round this for me ?

See the previous question asked by @masonic above:

https://forums.moneysavingexpert.com/discussion/comment/81643136/#Comment_81643136

Tribester

I have a couple of smallish Raisin accounts, and I have just recieved their Bonus offer email.
If I was open a new Raisin account and put £10,000 into their FSCS protected 12 month bond @ 4.33%, I would gain £433 in interest after a year, together with the £125 bonus, meaning a return off £558 , or equivilant to 5.58%.
There aren't accounts anyway near that, is there a catch?

fuzzzzy

I registered with raisin sometime last year in anticipation of opening a fixed rate account, but ended up opening one elsewhere instead so have no active savings accounts. So no chance of any bonuses for me, but I guess it might be worthwhile sticking a £100 in an easy access account to maybe qualify for any potential future bonuses. How often do they tend to offer these loyalty bonuses?

subjecttocontract

This is the first Raisin loyalty bonus that I know about.

masonic

Tribester said:

I have a couple of smallish Raisin accounts, and I have just recieved their Bonus offer email.
If I was open a new Raisin account and put £10,000 into their FSCS protected 12 month bond @ 4.33%, I would gain £433 in interest after a year, together with the £125 bonus, meaning a return off £558 , or equivilant to 5.58%.
There aren't accounts anyway near that, is there a catch?

The catch is around making sure the money you add is considered new money to the platform. If you haven't made a recent withdrawal you should be ok.

Tribester

masonic said:

Tribester said:

I have a couple of smallish Raisin accounts, and I have just recieved their Bonus offer email.
If I was open a new Raisin account and put £10,000 into their FSCS protected 12 month bond @ 4.33%, I would gain £433 in interest after a year, together with the £125 bonus, meaning a return off £558 , or equivilant to 5.58%.
There aren't accounts anyway near that, is there a catch?

The catch is around making sure the money you add is considered new money to the platform. If you haven't made a recent withdrawal you should be ok.

Thanks. Yes it's all new money.

TracyRing

eskbanker said:

subjecttocontract said:

In the usual MSE way, I've got to ask......can you open 2 separate £10K accounts and get 2 bonuses ?

In the usual MSE way, the answer is to read the offer terms (linked above), and clause 2(b) in particular....

Do you know what the bonus offer was before 1/9/25 please.  Thanks