Raisin/Savebetter: Up To $2,000 Savings Bonus With Up To $250,000 Deposit

Update 6/1/26: Currently no topcashback offer. New SUMMER26 : https://www.raisin.com/en-us/summer26/. Works out to be 6.5% APY, not worth considering currently.

offer extended to 5/30/26

Update 1/28/26: SAVE2026 has terms that state it’s targeted ‘This offer is available exclusively to recipients of this direct mail communication, is non-transferable, and is available to new customers only’. There is a new offer with code HEADSTART

Update 1/20/26: Topcashback up to $250 now, seems to stack with at least one of the deposit bonuses mentioned below. (ht Super Pirate)

Update 1/17/26: There are two different links with slightly different tiers (see below). One has a 90 day hold period, other paid out quarterly. SAVE2026 is significantly better due to the 90 day hold period, makes the added interest rate 1.36% – 4% APY (plus whatever the account normally earns) Hat tip to reader Matt J. Also note, Topcashback is now at $200 and Rakuten at $100.

Update 1/4/26: There is now an offer on Rakuten for $100, but it only requires a deposit of $100 (tcb $250 bonus requires a $10k deposit).

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
- 3.1 Monthly Fees
4 Update History
5 Our Verdict

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 $2,000 (plus another bonus through portals)
- HEADSTART (90 day maintenance period):
  - $70 for depositing between $10,000 and $24,499
  - $175 for depositing between $25,000 and $49,999
  - $350 for deposits between $50,000 and $99,999
  - $750 for deposits between $100,000 and $199,999
  - $1,500 for deposits of $200,000 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

Update 5/23/25: Topcashback now has $150 which requires $10k deposit for 21 days. (ht someguy) Stacks with the $500 bonus when depositing $50,000 for 90 days with promo code BOOST.
Update 5/2/25: There is now a $500 savings bonus that requires a $50,000 deposit.
Update 4/6/25: Extended to 4/30
Update 3/23/25: There is now a much better $250 bonus that requires a $25,000 deposit or more.
Update 7/17/24: Now $100 on Rakuten. Looks like a $225 stack might be possible.
Register for a SkyOne referral. (optional) $25 bonus; Use Rakuten to sign up for Raisin. $100 bonus ; During the Raisin signup, use a referral code on the signup page. Up to $200 bonus, depending on the amount deposited. If trying to stack SkyOne, use that credit union for your savings deposit.

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.

When funding your account use an account you plan to keep long term. This is because you can only switch accounts every 60 days (or maybe only after the first 60 days) and the bonus is posted into the linked account.

Do not share your referrals in the comments below. Use this linked post instead.

Useful posts regarding bank bonuses: