Raisin/Savebetter + Topcashback: Up To $1,100 Savings Bonus With Up To $50,000 Deposit

Update 8/4/25: Tiers have changed and now maximum is $1,000. Can still go through topcashback for another $100. Hat tip to reader bockrr

The Offer

Direct link to offer, do not share your referrals in the comments below. Use this linked post instead.

• Raisin is offering up to $1,000 (plus another $100 through topcashback)
  • $75 for depositing between $10,000 and $24,499
  • $250 for depositing between $25,000 and $49,999
  • $500 for deposits between $50,000 and $99,999
  • $1,000 for deposits of $100,000 or more

The Fine Print

• Referral bonus offer terms & conditions:
• Existing Raisin customers are eligible to receive a $100 referral bonus and their referees are eligible to receive a minimum $50 bonus for each referee who (1) opens an account with Raisin.com and makes a minimum initial deposit of $5,000 and (2) referee maintains the minimum deposit amount for a period of at least 90 days. Referee must use your unique personal referral code for you to be eligible to receive your referral bonus cash. Referrers are eligible to earn a maximum of $2,000 with the Raisin Referral Program.
• Referees earn bonuses for initial deposits maintained over 90 days as follows: $50 for deposits between $5,000 and $9,999; $100 for deposits between $10,000 and $49,999; $150 for deposits between $50,000 and $99,999; or $200 for deposits of $100,000 or more.
• Referral bonus cash will be deposited by Raisin Solutions US LLC into customer’s and into referee’s external bank accounts, respectively, that were linked to www.raisin.com/en-us within 30 days of satisfying all terms to qualify for referral bonus cash. US customers only.
• Not open to Raisin Solutions employees.
• Raisin reserves the right to terminate this offer at any time and to deny Customer referral bonus cash for any reason.
• This bonus offer applies to initial customer deposits made after May 8, 2024.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

These accounts have no monthly fees.

Update History

Our Verdict

Raisin used to be called SaveBetter and we have covered it twice before (when there was a $50 bonus and why we don’t list SaveBetter rates). Rates are competitive with the best high yield savings accounts, although slightly worse than the top rates, although the bonus isn’t significant compared to the deposit required (e.g the $200 bonus works out to be an extra 0.8% APY annualized over that 90 day period). Think the previous Rakuten offer for $50 for $100 deposit was better. Do not share your referrals in the comments below. Use this linked post instead.

Useful posts regarding bank bonuses: