Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . Raisin review (2026): Is this high-yield savings marketplace trustworthy? Learn more about how Raisin works. Sarah C. Brady Contributor Updated Wed, July 8, 2026 at 2:39 PM PDT 5 min read If you've been searching for the best high-yield savings accounts available today, you may have come across a platform called Raisin. Raisin isn't a bank. It's a financial technology company that helps users find high-interest bank accounts. You can use Raisin's website to search for, open, and manage (with some limitations) federally insured savings accounts and CDs from approximately 75 partner banks and credit unions. Learn more about how Raisin works and whether it's right for you. What is Raisin? Raisin Solutions US LLC, or Raisin, is an online marketplace where you can search for, compare, and open accounts from a variety of banks and credit unions. It's like a digital store you can use to shop and apply for bank accounts. You can use the site to find the following types of high-yield accounts: Savings accounts Money market accounts (MMAs) Certificates of deposit (CDs) including callable CDs and no-penalty CDs What makes Raisin unique is the fact that you don't have to submit applications to multiple banks or credit unions or set up multiple logins. Instead, you can open and manage accounts from multiple financial institutions all in one place with a Raisin account. Read more: Should you have more than one high-yield savings account? There are a few drawbacks, however. Raisin works with a fairly short list of bank and credit union partners. So, you may miss out on some of the best savings and CD rates if those financial institutions aren't part of the platform. It also gives you fewer tools than banks do to manage your accounts. For example, if you want to make an ATM withdrawal, your only option is to transfer your money to your Raisin Cash Account and then transfer it to an external account at a bank with ATMs. How does Raisin work? Here's how you can use Raisin to help you set up and manage bank accounts: Visit Raisin's Explore Products page. Enter your search criteria for the account you want. Click "Product terms" to review account fees, rates, and other features. Choose an account and click "Save now." Create your login credentials for Raisin. Complete and submit an online application. You'll need to share your Social Security number and contact information here. Read and sign the electronic communications agreement. Wait for Raisin to verify your identity. Link the account you'll be transferring funds from. Transfer money to your new Cash Account on Raisin. (To move money in or out of one of your Raisin bank accounts in the future, start by moving the money into your Raisin Cash Account.) Receive a single monthly statement showing your account activity, balances, and interest...
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