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  • FIRST POST
    • karlie88
    • By karlie88 10th Jun 18, 9:51 AM
    • 8,428Posts
    • 106,231Thanks
    karlie88
    Gatehouse Bank/Raisin UK offering 2% AER on 12 month fixed term accounts plus £50 bonus
    • #1
    • 10th Jun 18, 9:51 AM
    Gatehouse Bank/Raisin UK offering 2% AER on 12 month fixed term accounts plus £50 bonus 10th Jun 18 at 9:51 AM
    Signed up to this yesterday and thought it was a good deal.

    Raisin UK is a marketplace for savings account. You have one set of log-in details but can apply for savings accounts from different providers (currently 3 available but looks like it'll expand to more).

    They're also running a £50 bonus for any new customers who open and fund a savings account with them.

    For me the top pick is:

    Gatehouse Bank - 2% AER on their 1 Year Fixed Term Deposit (Raisin Issue). Minimum deposit of £1k.

    They also have:

    Shawbrook Bank - 1.65% AER on their 18 Month Fixed Term Deposit - Raisin Exclusive. Minimum deposit of £1k.

    Both have FSCS protection.

    Website: www.raisin.co.uk

    I've gone for £1k in Gatehouse Bank @ 2% AER. This is currently the second best 1 year fixed term savings account (Atom currently offering 2.05%).

    You need to email Raisin UK to claim the £50 bonus but it seems very simple to do.

    £20 'interest'/profit for me and, most importantly, an extra £50. My way of thinking is 7% AER on £1k or 2% on £1k plus £50 for about 10 minutes work.

    Hope the above helps.
    Official MSE canny forumite and HUKD VIP badge member
Page 6
    • Zanderman
    • By Zanderman 13th Jul 18, 10:34 AM
    • 1,711 Posts
    • 4,308 Thanks
    Zanderman
    I know this thread's about Gatehouse's offer with Raisin, but I've applied for the ICICI product this morning. If I transferred funds today, will it sit in limbo over the weekend?
    Under additional information, it states:
    your funds will be remitted by MIM no later than the first business day after you have transferred the amount that you pledge to fund this deposit product
    Does this mean the first business day wil be Monday?
    Originally posted by No_Name
    Monday is the next business day - so yes, probably.
    • Sea Shell
    • By Sea Shell 13th Jul 18, 11:52 AM
    • 806 Posts
    • 1,139 Thanks
    Sea Shell
    Thanks for the heads up on this.

    Duly opened icici 1 year each, with £1000. £50 bonus makes this a very attractive deal. Effectively 6.95%


    ( assuming the bonus pays out....will send email next week)
    " That pound I saved yesterday, is a pound I don't have to earn tomorrow "
    • xylophone
    • By xylophone 13th Jul 18, 1:52 PM
    • 25,767 Posts
    • 15,223 Thanks
    xylophone
    My £50 arrived today so within 30 days rather than 60.
    • colsten
    • By colsten 13th Jul 18, 6:34 PM
    • 9,071 Posts
    • 7,881 Thanks
    colsten

    ( assuming the bonus pays out....will send email next week)
    Originally posted by Sea Shell
    quite a few of the early subscribers, me included, had their £50 by now.
    • WBCPB
    • By WBCPB 13th Jul 18, 7:06 PM
    • 326 Posts
    • 163 Thanks
    WBCPB
    Thanks for the heads up on this.

    Duly opened icici 1 year each, with £1000. £50 bonus makes this a very attractive deal. Effectively 6.95%


    ( assuming the bonus pays out....will send email next week)
    Originally posted by Sea Shell
    Where can i find details of the £50 bonus link please?
    Regards
    • eskbanker
    • By eskbanker 13th Jul 18, 7:11 PM
    • 7,533 Posts
    • 8,160 Thanks
    eskbanker
    Where can i find details of the £50 bonus link please?
    Originally posted by WBCPB
    The opening post of this thread has all the info you need....
    • Voyager2002
    • By Voyager2002 13th Jul 18, 7:20 PM
    • 12,187 Posts
    • 8,304 Thanks
    Voyager2002
    quite a few of the early subscribers, me included, had their £50 by now.
    Originally posted by colsten

    Mine reached my account this afternoon. Not bad.
    • WBCPB
    • By WBCPB 13th Jul 18, 8:06 PM
    • 326 Posts
    • 163 Thanks
    WBCPB
    The opening post of this thread has all the info you need....
    Originally posted by eskbanker
    Thanks for that,i had forgotten there was a choice of 3 accounts which included Icici.
    Regards
    • diy1950
    • By diy1950 17th Jul 18, 8:44 PM
    • 108 Posts
    • 19 Thanks
    diy1950
    When you open the account with Raisin, is it instant or are you likely to have to wait a couple of days to see if you have been accepted?
    • Zanderman
    • By Zanderman 17th Jul 18, 9:29 PM
    • 1,711 Posts
    • 4,308 Thanks
    Zanderman
    When you open the account with Raisin, is it instant or are you likely to have to wait a couple of days to see if you have been accepted?
    Originally posted by diy1950
    Opening an account with Raisin is, as far as can recall, instant. I can't see why you wouldn't accepted.

    Paying in some money and waiting for them to transfer it to a bank savings account takes a couple of days though.
    • Sea Shell
    • By Sea Shell 18th Jul 18, 6:27 AM
    • 806 Posts
    • 1,139 Thanks
    Sea Shell
    Well I've sent the necessary e-mails, so now we wait!!
    " That pound I saved yesterday, is a pound I don't have to earn tomorrow "
    • Steve_xx
    • By Steve_xx 18th Jul 18, 10:24 AM
    • 6,542 Posts
    • 2,739 Thanks
    Steve_xx
    I did the same as you and transferred £1000 yesterday. I then sent off the "claim bonus" e-mail and received this acknowledgement almost immediately.

    Thank you for your email, we have received your message and a support ticket with the "Launch Bonus" has been sent to our customer services team.

    We reply to all tickets as soon as possible, within 24 to 48 hours. If we expect your ticket will take additional time, we will update you by sending you an email.

    Ticket tracking ID.........

    You will receive an email notification when our staff replies to your ticket.

    Sincerely,

    Raisin customer service team
    http://www.raisin.co.uk/




    Today I received another e-mail

    Dear....

    We confirm the receipt of £1,000.00 which has been deposited into your Account.


    So far, so good.....
    Originally posted by xylophone
    I think you need to wait until your chosen fixed term savings account has been funded before you send the email requesting the £50 bonus.

    "To receive your bonus, you just need to send an email from the email address you registered with, containing the account holderís name(s) with "Launch bonus" as the subject to bonus@raisin.co.uk,
    within 30 days of you funding your first fixed term deposit "
    • No_Name
    • By No_Name 18th Jul 18, 11:46 AM
    • 102 Posts
    • 2 Thanks
    No_Name
    The one thing I'm not in agreement with is the fact Raisin confirms on email the amount you're investing.


    By the sound of it, most people are investing £1000.


    If someone was to invest say 50k+, that will effectively let those snooping emails know you have that!
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