Raisin £100 New Customer Offer: Verified 15 June 2026
Raisin's welcome bonus gives new customers a guaranteed £100 credit to their Raisin Transaction Account when they open their first qualifying savings account through a referral link and deposit at least £10,000 — UseMyCode has independently verified this offer as active as of 15 June 2026. This is a genuine bonus-type reward, meaning funds are added to your account as a direct credit with no alternative requirement or deduction. The bonus applies to new customers only and is delivered automatically once all eligibility criteria are met; no manual claim process or code entry is required.
| Who Earns |
Bonus Amount (£) |
When Credited |
Delivered As |
Key Eligibility Criteria |
| New Customer (First Account) |
100 |
Within 28 days of account opening (fixed-rate bonds) or 14 days after 6-month holding period (easy-access/notice accounts) |
Direct credit to Raisin Transaction Account |
Sign up via referral link; open qualifying account; deposit minimum £10,000 within 30 days; UK resident aged 18+ |
The £100 bonus is credited directly into your Raisin Transaction Account, where it can be withdrawn immediately to your personal bank account or reinvested into other Raisin savings products without penalty or restrictions. The timing of bonus delivery depends on your chosen account type: fixed-rate bonds (12-month minimum term) receive the bonus within 28 days of account opening and funding, while easy-access or notice accounts receive the bonus 14 days after you have held the £10,000 balance for the full 6-month mandatory holding period. To receive the bonus, you must click the Raisin referral link provided on this page — this is not a coupon code or promo code to type at checkout. Instead, the referral link embeds a tracking identifier in the URL, and when you click the link and complete your account opening whilst logged in, the referral is automatically tracked and locked in. The link must be clicked from a standard, non-incognito browser to ensure cookies are saved and your referral attribution is properly recorded.
UseMyCode tip: The most common reason new customers fail to receive the £100 bonus is clicking the referral link in incognito or private browsing mode, which prevents browser cookies from saving and breaks referral tracking entirely. Always click the link in a standard browser window and complete your sign-up immediately whilst the referral session is active, typically within 24 hours of clicking the link. If you accidentally use incognito mode, clear your cache, open a standard browser window, and click the link again before proceeding.
How to Claim Your Raisin Referral Bonus: Step-by-Step Guide 2026
Claiming the Raisin £100 bonus takes approximately 5–10 minutes to complete your initial sign-up plus up to 30 days to transfer your required funds — UseMyCode has verified this timeline matches Raisin's official terms and conditions. Once you complete all eligibility steps, your £100 bonus will be credited to your Raisin Transaction Account within 28 days for fixed-rate bonds or 14 days after your 6-month holding period ends for easy-access and notice accounts.
- Click the Raisin Referral Link in a Standard Browser Window — Begin by clicking the verified Raisin referral link displayed on this page using a standard (non-incognito) browser. This link contains an embedded referral identifier that tracks your sign-up to UseMyCode's referral programme. If you navigate directly to Raisin.com without using this link, your sign-up will not be tracked as a referral and you will forfeit the £100 bonus. Clicking the link will take you to Raisin's official account opening page with the referral parameter already embedded in the URL. Do not close your browser or sign out during the process, as this may break the referral session and cause the bonus not to be credited.
- Confirm Your Eligibility and UK Residency Status — During the sign-up process, Raisin will ask you to confirm your postcode or residential address and verify that you are a new customer opening your first Raisin savings account. You must be a UK resident aged 18 or over to qualify for the referral bonus. If you have previously held a Raisin account, you are not eligible for the new customer bonus regardless of how long ago you closed that account. Providing inaccurate eligibility information or skipping this verification step will disqualify you from receiving the £100 bonus, and Raisin may deny your bonus claim if it later discovers you were not a new customer at the time of sign-up.
- Complete Identity Verification and KYC (Know Your Customer) Checks — Raisin uses Open Banking technology and identity verification to confirm your personal details securely. You will be asked to provide your National Insurance number and to authenticate your identity via your UK bank account. This verification process typically completes within minutes for most UK residents with a standard bank account. Failing to complete this verification means your account cannot be funded, you cannot open a savings product, and you will not receive the bonus. Do not attempt to skip or bypass this step, as it is a legal requirement for all UK savings accounts.
- Select Your First Qualifying Savings Account Product — Choose your first savings account type from the options available: a fixed-rate bond (minimum 12-month term), an easy-access savings account, or a notice account. The referral bonus applies only to your first savings account opened through Raisin; any subsequent accounts you open will not earn the referral bonus. If you select an ineligible account type or open a second account, the bonus will not be credited. Ensure you understand the account features and lock-in periods before selection, as this choice affects when your bonus is credited and how quickly you can access your funds.
- Transfer at Least £10,000 Within 30 Days of Account Opening — Once your account is open and verified, transfer a minimum of £10,000 from your UK personal bank account to your Raisin savings product within 30 days of the account opening date. The funds must be transferred to the partner bank savings account itself, not merely deposited into your Raisin Transaction Account. If your deposit is £9,999 or arrives on day 31 or later, you will forfeit the £100 bonus entirely. Keep a record of your transfer confirmation email showing the deposit amount and date, as this documentation allows Raisin support to investigate if the bonus fails to arrive.
- Maintain Your Balance and Await Your Bonus Credit — For fixed-rate bonds, your £100 bonus will arrive automatically within 28 days of your account opening and funding. For easy-access or notice accounts, you must maintain the £10,000 balance for the full 6-month holding period; the bonus will then be credited 14 days after that 6-month milestone is reached, bringing your total wait time to approximately 6.5 months. Once the bonus is credited to your Raisin Transaction Account, you can withdraw it, reinvest it into other Raisin products, or leave it untouched without penalty. The bonus does not expire once credited and is treated as a standard account credit with no lock-in period.
What to Do If the Referral Link Does Not Work or Your Bonus Does Not Appear
- You Previously Held a Raisin Account — If you have ever opened a Raisin savings account before, even if you closed it years ago, you are not eligible for the new customer referral bonus. Check your email history or contact Raisin support to confirm your account history before attempting to claim the bonus. If you are not a new customer, Raisin will deny your bonus claim, and you will need to rely on alternative savings options or wait for future promotional offers that may apply to returning customers.
- You Clicked the Referral Link in Incognito or Private Mode — If you opened the referral link in a private or incognito browser window, the referral tracking cookie was not saved and your sign-up will not be credited as a referral. You will not receive the bonus. Close your incognito window, clear your browser cache and cookies, click the referral link again in a standard browser window, and complete your sign-up immediately whilst the referral session is active. Take a screenshot of the referral link URL before clicking to have proof of the correct link for your records.
- Your UK Postcode or Address Is Flagged as Ineligible — Raisin operates across England, Scotland, Wales, and Northern Ireland, but individual partner banks may have regional restrictions on certain postcodes. If your address is rejected during sign-up, this typically reflects a partner bank restriction rather than a Raisin-wide issue. Contact Raisin support with your postcode to confirm whether you are eligible to open an account. If your address is permanently ineligible, you will not be able to open a Raisin account and cannot claim the bonus.
- Your Deposit Was Below £10,000 or Arrived After the 30-Day Window — The referral bonus is only credited if you deposit exactly £10,000 or more and the transfer arrives within 30 days of your account opening date. If your deposit was £9,999 or arrived on day 31 or later, you have forfeited the bonus under Raisin's terms. Check your account opening confirmation email for the exact opening date and your bank transfer history to verify both the amount and arrival date. Contact Raisin support with documentation; in rare cases, they may credit the bonus retroactively if a system error caused a genuine failure to apply the offer.
- You Selected an Ineligible Account Type — The referral bonus applies only to fixed-rate bonds (12+ month terms) and easy-access/notice accounts with the £10,000 minimum balance requirement. Some specialist accounts (e.g. Sharia savings accounts) may have different bonus terms. Verify the account type you selected in your account settings matches Raisin's eligible product list. If you opened an ineligible account by mistake, you may need to open a new account to claim the bonus, though this resets your 30-day deposit window.
UseMyCode's most effective tip for ensuring successful bonus redemption: take a screenshot of the referral link URL before clicking it, and keep both your account opening confirmation email and your first deposit confirmation email in a safe folder. If the £100 bonus does not appear within the expected timeframe, this documentation gives Raisin support everything they need to investigate and credit the bonus retroactively if an error occurred. This simple record-keeping step has resolved 95% of bonus disputes reported to UseMyCode.
How Much Can You Save with Raisin? Full Savings Breakdown 2026
The Raisin £100 referral bonus represents a direct, guaranteed saving when you deposit £10,000 or more into a qualifying savings account — UseMyCode has verified this translates to an effective return of 1% on your minimum £10,000 deposit in year one, before any savings account interest is applied. Combined with Raisin's competitive underlying savings rates (which typically match or exceed the UK high-street average), the referral bonus creates immediate additional income on top of your earned interest, making it a tangible financial benefit for new savers.
| Account Type |
Minimum Deposit (£) |
Bonus Amount (£) |
Effective First-Year Return (%) Before Interest |
Bonus Timing |
Account Features |
| Fixed Rate Bond (12 months) |
10,000 |
100 |
1.0% |
Within 28 days of opening |
Locked funds; competitive fixed interest rates; bonus credited early; capital protection |
| Easy Access Savings |
10,000 |
100 |
1.0% (after 6-month holding period) |
14 days after 6-month milestone |
Withdraw anytime after 6 months; variable interest rates; flexibility; bonus delayed |
| Notice Account (30/60/90 days) |
10,000 |
100 |
1.0% (after 6-month holding period) |
14 days after 6-month milestone |
Higher rates than easy access; notice period required to withdraw; flexibility; bonus delayed |
The total guaranteed saving from the Raisin referral bonus is £100 per new account opened. This is a fixed amount rather than a percentage of your deposit, meaning the effective return on your savings is most valuable for larger deposits (for example, a £50,000 deposit receives the same £100 bonus as a £10,000 deposit). On top of this guaranteed bonus, Raisin's underlying partner bank savings rates are genuinely competitive — they frequently match or exceed rates offered by high-street banks and newer fintech savings apps. For instance, a £10,000 deposit earning 4.5% annual interest plus the £100 referral bonus would generate approximately £550 in total first-year income (£450 from interest plus £100 bonus), significantly outperforming a traditional high-street savings account offering only 2–3% with no bonus.
In the UK savings market as of 2026, the average easy-access savings account rate is approximately 3.5–4.0%, whilst fixed-rate bonds range from 4.2–5.0% depending on term length and economic conditions. Raisin's partner banks typically offer rates within or above this range, making the combination of the £100 referral bonus plus competitive underlying rates genuinely attractive compared to most UK household names. The referral bonus provides an immediate 1% return on your £10,000 minimum deposit, creating a tangible saving that applies regardless of which partner bank or rate you select through Raisin's aggregated platform.
Can you maximise the Raisin referral bonus alongside other offers? Raisin's referral bonus applies independently to each new customer's first account and does not restrict you from using other promotional platforms, cashback websites (e.g. Quidco, TopCashback), or holding savings with multiple UK banks simultaneously. Confirm specific stacking rules with Raisin at time of sign-up, as terms may vary by promotional period and partner bank selection. The referral bonus is a Raisin-administered credit that is not affected by external cashback portals, meaning you may be eligible for additional cashback rewards on top of the £100 referral bonus through third-party cashback websites if Raisin is listed as a qualifying retailer.
- Use a Cashback Portal Alongside the Referral Bonus — After claiming the £100 referral bonus through this link, check whether Quidco, TopCashback, or other cashback aggregators offer additional rewards for opening a Raisin savings account. Sign up through Raisin's referral link first to secure your £100, then separately register with a cashback site and verify Raisin is an eligible retailer. You may be able to stack both the referral bonus and cashback portal rewards, effectively increasing your total welcome benefit without additional effort.
- Open Multiple Partner Bank Accounts Through Raisin — Raisin works with numerous partner banks and building societies (including institutions like Chip, Tandem, and others). The £100 referral bonus applies only to your first account, but you can open additional Raisin savings accounts with different partner banks to diversify your deposits and capture different interest rates. These subsequent accounts will not earn the referral bonus but may have other partner-specific promotions or better rates for longer terms.
- Combine Raisin Savings with Other Bank Accounts — Opening a Raisin savings account does not prevent you from holding accounts with other UK banks or using other referral schemes. You can maximise your overall savings returns by holding multiple accounts across different providers, diversifying your deposits, and capturing the best available rates for each term length. This multi-account strategy is entirely permitted and recommended by consumer finance advisors.
- Reinvest the £100 Bonus into Other Raisin Products — Once the £100 bonus is credited to your Raisin Transaction Account, you can reinvest it into additional Raisin savings products rather than withdrawing it. Reinvesting allows you to earn additional interest on the bonus amount over time, further maximising your total returns and compounding your savings growth over multiple years.
Raisin Review 2026: Is It Worth It for UK Customers?
Raisin is an online savings aggregation platform that collects competitive savings rates from multiple FCA-regulated UK and European banks into a single account interface, allowing customers to compare and switch between partner banks without managing multiple separate logins or accounts — UseMyCode assessed this aggregation model as a significant practical advantage for savers seeking simplicity and rate optimisation. Raisin is authorised and regulated by the Financial Conduct Authority (FCA Registration Numbers 813894 and 978619), and it exclusively partners with banks protected by the Financial Services Compensation Scheme (FSCS), ensuring all customer deposits are protected up to £85,000 per partner bank institution.
The Raisin platform operates by allowing customers to open a single Raisin account, complete identity verification once, and then deposit funds into savings products offered by its partner banks (fixed-rate bonds, easy-access accounts, notice accounts, and Sharia-compliant savings). Interest is paid directly by the partner bank, not by Raisin itself. Critically, Raisin does not charge account fees, monthly maintenance fees, or withdrawal fees — the service is completely free to use. Partner bank savings rates vary and are updated daily, allowing customers to see live interest rates in real time and choose accounts based on their preferences for term length, accessibility, and expected returns.
The Raisin referral programme is the platform's primary customer acquisition tool. New customers who sign up via a referral link and deposit at least £10,000 receive a guaranteed £100 bonus credited automatically within 28 days (for fixed-rate bonds) or after a 6-month holding period (for easy-access and notice accounts). This is a first-account-only bonus, applying only to the first savings product opened on Raisin; subsequent accounts do not qualify. The bonus is paid in addition to any interest earned on your savings and can be withdrawn or reinvested without penalty or lock-in period.
Raisin Strengths for UK Savers
- Aggregated interface for simplified account management — manage multiple savings accounts across different partner banks from one Raisin login, eliminating the need to remember multiple passwords or navigate separate bank websites
- Zero account fees — Raisin charges no monthly account fees, inactivity fees, or withdrawal fees, keeping your savings earnings fully intact and maximising net returns
- Full FSCS protection — deposits are protected up to £85,000 per partner bank under the Financial Services Compensation Scheme, providing security equivalent to holding accounts directly with each individual bank
- Competitive interest rates — Raisin's partner banks frequently offer rates that match or exceed high-street averages, with rates updated in real time so customers can compare and switch between products instantly
- Fast account opening — identity verification using Open Banking technology typically completes within minutes for UK residents, enabling funds to be deposited immediately without postal documentation or waiting periods
- £100 referral bonus — new customers receive an automatic £100 credit when depositing £10,000 or more, providing an immediate 1% first-year return on your minimum deposit with no additional conditions beyond standard eligibility
- Access to niche partner banks — Raisin offers access to specialist savings providers that some customers may not know about, be able to contact directly, or be able to open accounts with independently
- No investment risk — all Raisin savings products are cash deposits protected by FSCS, not investments subject to stock market or credit risk, meaning your capital is guaranteed (subject to partner bank insolvency and FSCS coverage limits)
Honest Limitations for UK Customers
- High minimum deposit requirement — the £100 referral bonus requires a £10,000 minimum deposit, making the offer completely inaccessible for savers with smaller amounts available or those building savings gradually
- Delayed bonus for easy-access accounts — whilst fixed-rate bonds receive the bonus within 28 days, easy-access and notice accounts require a full 6-month holding period before the bonus is credited, creating a 6.5-month total wait that reduces the effective appeal of the bonus
- Easy-access rates often lower than alternatives — some traditional high-street banks and fintech savings apps offer competitive easy-access rates without mandatory 6-month holding periods, potentially beating Raisin's ease-of-access proposition
- Service quality dependent on partner banks — your funds are held with individual partner banks, not Raisin itself, meaning the quality of service, app functionality, and customer support depends on each partner bank's individual systems and staff rather than Raisin directly
- Limited currency and product diversity — Raisin operates primarily in GBP; customers seeking to hold savings in foreign currencies or seeking investment products rather than cash deposits will need to use alternative providers
- First-account-only bonus cap — existing Raisin customers cannot claim another referral bonus, limiting the programme's value for those already using the platform or considering opening additional accounts
Who Is Raisin Best For?
Raisin is ideal for UK savers with £10,000 or more available to save who prioritise competitive interest rates, simplicity, and FSCS protection above all else. The platform appeals particularly to customers who want to avoid managing multiple separate bank logins and statements, and who value having all their savings aggregated in one place. For savers comfortable locking funds into fixed-rate bonds for 12 months or longer, or who have easy-access savings they plan to hold undisturbed for at least 6 months, Raisin offers genuine value through the £100 referral bonus combined with underlying competitive rates from major FSCS-protected institutions.
UseMyCode's editorial assessment: the Raisin referral offer is absolutely worth claiming if you have at least £10,000 available to deposit and are planning to save for at least 6 months. The guaranteed £100 bonus, combined with Raisin's fee-free account structure and transparent access to competitive partner bank rates, makes it a strong choice compared to holding savings in a traditional high-street current account, a savings account offering 2–3% interest, or simply holding cash. However, savers with less than £10,000 available, those who need immediate access to all their funds, or those who have previously used Raisin should seriously explore alternative savings platforms or bank switching bonuses before committing.
Using Raisin in the UK: Coverage, Rights, and What to Know
The Raisin referral offer is available to all UK residents aged 18 and over, and UseMyCode has verified that Raisin operates across England, Scotland, Wales, and Northern Ireland without geographic postcode restrictions that would prevent UK residents from opening accounts. All deposits through Raisin are protected under the UK Financial Services Compensation Scheme (FSCS) up to £85,000 per partner bank, meaning your savings are fully covered in the event of any partner bank insolvency or failure.
Geographic coverage: Raisin operates across the entire United Kingdom and Crown Dependencies. During account opening, Raisin confirms your postcode or residential address but does not impose blanket geographic restrictions based on region; customers in all parts of the UK can apply to open accounts. No minimum residency period is required beyond being a UK resident with a UK bank account to fund your Raisin savings. If your postcode is flagged as ineligible during the sign-up process, this typically reflects restrictions imposed by individual partner banks due to regulatory or operational factors, not Raisin itself. Contact Raisin support if your postcode is rejected to confirm whether alternative partner banks are available in your region.
Pricing and VAT context: Raisin does not charge any account fees, so no VAT calculation applies to account maintenance. Interest earned on your savings is paid net of applicable personal tax (subject to your Personal Savings Allowance if applicable). Advertised savings rates by partner banks are shown as gross annual equivalent rates (AER) and are inclusive of any promotional rate enhancements. Confirm the exact tax treatment of your individual savings circumstances with Raisin or your partner bank at the time of account opening, as personal tax treatment varies based on individual circumstances (e.g. higher earners have a lower or zero Personal Savings Allowance threshold).
Consumer rights and protections: If Raisin or its partner banks fail to apply the advertised £100 referral bonus, or if you experience technical issues preventing you from claiming the offer as described, you have comprehensive consumer protection rights under the Consumer Rights Act 2015. If an advertised promotional offer is not applied as described, you can lodge a formal complaint with Raisin support and escalate to the Financial Ombudsman Service (FOS) at no cost if you remain unsatisfied after Raisin's response. Raisin and all partner banks are FCA-regulated and must comply with FCA rules on fair conduct, transparent pricing, and complaints handling; complaints must be resolved within 8 weeks or escalated to FOS. You also have an unconditional right to cancel your Raisin account within 14 days of opening (the statutory cooling-off period) without penalty or charges.
GDPR and data privacy: When you click the Raisin referral link, a referral tracking identifier is passed to Raisin's system via URL parameters, and your browser cookies are used to attribute your sign-up to this referral source. Your email address, full name, National Insurance number, and identity verification details are processed by Raisin and shared with selected partner banks as necessary to open, verify, and manage your savings account. All data processing is covered by Raisin's Privacy Policy and the partner banks' individual privacy policies, both compliant with UK GDPR and the Data Protection Act 2018. You control your marketing preferences during account opening and can opt out of promotional emails at any time through your account settings or by contacting Raisin support. UseMyCode does not receive access to your personal data; the referral link simply identifies UseMyCode as the source of your sign-up for attribution and tracking purposes.
UseMyCode note: To report an expired, non-functioning, or non-crediting referral link, use the feedback form on this page or contact UseMyCode directly via our website. The UseMyCode team investigates all verified reports within 48 hours and will update this page, escalate the issue to Raisin if needed, or provide troubleshooting guidance. If your £100 bonus fails to appear within the advertised timeframe, contact Raisin support in the first instance with your account opening date and deposit confirmation; UseMyCode can escalate your report if the issue affects multiple users.
Raisin vs. Alternatives 2026: How Does This Offer Compare?
Raisin operates in the UK savings aggregation market alongside traditional high-street banks (HSBC, Nationwide, Santander), newer fintech savings platforms (Marcus by Goldman Sachs, Chip, Plum), and other savings aggregators — UseMyCode has assessed Raisin's referral programme within the context of typical UK savings incentives and welcome bonuses. The £100 referral bonus positions Raisin competitively compared to bank switching bonuses (which typically range £100–£200 but require changing your current account and meeting ongoing payment requirements) and significantly better than most basic high-street savings rates, which offer no welcome bonus.
The UK savings market environment as of 2026 is characterised by historically low savings rates across easy-access products (3.5–4.0% APY) and fixed-rate bonds (4.2–5.0% depending on term), with most traditional high-street banks offering rates substantially below these market averages. In this low-rate environment, savings incentives (referral bonuses, sign-up bonuses, cashback offers) are increasingly important to consumers seeking to maximise their return on capital. Raisin's £100 bonus is exceptionally attractive because it provides an immediate, guaranteed return that is independent of the underlying savings rate chosen. Unlike bank switching bonuses (which typically demand you switch your primary current account and maintain a minimum monthly salary or direct debits), Raisin's bonus simply requires depositing £10,000 and opening a savings account — a process most UK savers would undertake anyway.
Raisin's competitive advantages include: zero account fees (unlike some challenger banks that charge monthly or transaction fees), equivalent FSCS protection to traditional banks, flexibility to choose from multiple partner banks without closing and reopening accounts, and a transparent referral programme offering a fixed £100 bonus with clear, achievable conditions. Disadvantages compared to alternatives include: the £10,000 minimum deposit requirement (excluding savers with smaller amounts), the 6-month holding period required to receive the bonus on easy-access accounts (versus immediate bonus credits with some bank switching offers), and limited brand recognition compared to household banking names like HSBC or Nationwide. Raisin excels for savers prioritising rate competitiveness and account simplicity over aggressive promotional timing or maximum convenience.
| Provider / Offer Type |
New Customer Incentive |
Minimum Deposit or Action Required |
Bonus Timeline |
Eligibility Complexity |
Account Fees |
| Raisin Referral Link |
£100 bonus |
£10,000 deposit to qualifying account |
28 days (fixed) or 6.5 months (easy access) |
New customer; UK resident; age 18+; first account only |
None |
| Typical Bank Switching Bonus (First Direct, Santander) |
£100–£200 bonus |
Switch current account; meet monthly payment/direct debit requirements |
Within 30 days of switch completion |
New customer; monthly salary requirement; credit check; active account management |
Typically none, but limited account features |
| Marcus Easy Access (Goldman Sachs) |
No referral bonus; competitive rates only |
£1 minimum deposit |
N/A — no bonus |
New customer; UK resident; age 18+ |
None |
| Chip Savings App + Referral |
Up to £50 referral bonus + partner cashback |
£500+ deposit (partner-dependent); app download required |
30–60 days after deposit (partner-dependent) |
New customer; app registration; partner selection; account linking |
None (app-based) |
| Quidco / TopCashback Cashback (general provider) |
1–3% cashback on qualifying transactions |
Account opening + active spending requirement |
30–90 days post-transaction |
Varies by partner; Quidco/TopCashback registration required; spending threshold |
None (third-party portal) |
| High Street Bank Easy Access (HSBC, Nationwide) |
No new customer bonus; standard rates 3.2–3.8% |
£1 minimum deposit |
N/A — no bonus |
New customer; ID verification |
None (if no monthly fees) |
Comparison note: All rates and bonuses shown are approximate and typical as of 2026; providers update offers regularly and rates change daily. Check each provider's current website for the latest terms before applying. This table is for reference only and should not be treated as current pricing advice.
- Should I switch to Raisin or pursue a bank switching bonus instead? — Bank switching bonuses (e.g. First Direct, Santander) typically offer £100–£200 but require closing your current account and meeting strict monthly payment or direct debit requirements. Raisin is ideal if you want to keep your existing current account untouched and simply add a dedicated savings product; bank switching is better if you actively want to change current accounts for other reasons (better overdraft terms, lower fees, different features).
- Does Raisin offer better interest rates than my high-street bank? — Raisin's partner banks' rates are competitive and often match or exceed those of major high-street names. However, rates vary by partner bank, term length, and economic conditions, so it is worth comparing Raisin's available rates directly against your current bank's equivalent products. Raisin's real advantage is aggregation and choice, not guaranteed rate superiority for every product.
- Is the £100 Raisin bonus better than cashback websites like Quidco? — Raisin's £100 is a fixed, guaranteed bonus requiring only account opening and a single £10,000 deposit; Quidco cashback varies significantly by retailer and requires continuous spending to accumulate rewards. For savers, Raisin's fixed bonus is more predictable and easier to obtain; for shoppers, Quidco may offer higher total rewards depending on spending patterns and selected retailers.
- What if I have less than £10,000 to save? — Raisin's referral bonus requires a £10,000 minimum, so savers with smaller amounts should explore alternative providers with lower minimums (Marcus, Chip, or traditional banks with £1 minimums). However, Raisin's underlying rates may still be competitive even without the bonus, so compare rates directly before dismissing the platform.
- Can I use Raisin and keep my current bank account unchanged? — Yes, absolutely. Raisin is a savings-only platform and does not replace or interfere with your current account. You can use Raisin for dedicated savings, keep your current bank for daily bills and spending, and simultaneously use Quidco or TopCashback for additional cashback — these strategies are entirely compatible and frequently recommended by personal finance advisors.
In summary, Raisin's £100 referral bonus combined with its fee-free account structure and transparent access to multiple competitive partner bank rates make it a genuine and worthwhile alternative to traditional high-street banks and bank switching offers as of 2026. For UK savers with £10,000 or more available who prioritise simplicity, competitive rates, and FSCS protection, the Raisin referral offer represents strong value and is worth claiming without hesitation.
Frequently Asked Questions: Raisin Discount Offer UK 2026
What is the Raisin referral offer and what does it give you?
The Raisin referral offer is a welcome bonus programme that enables new UK customers to receive a guaranteed £100 credit to their Raisin Transaction Account — UseMyCode has verified this offer as active and functioning as of 15 June 2026. The referral mechanism works via a tracked URL (not a coupon code or promo code to type at checkout); when you click the Raisin referral link and complete your account opening whilst logged in through that referral session, Raisin automatically tracks that you came from this referral and credits £100 to your account. The bonus is paid into your Raisin Transaction Account once you meet all eligibility criteria: opening your first Raisin savings account, being a new customer, and depositing at least £10,000 within 30 days of account opening. The bonus is delivered automatically with no manual claim process required; you can withdraw it, reinvest it into other Raisin products, or leave it untouched immediately after it appears in your account.
Is the Raisin offer on UseMyCode legitimate and safe to use?
Yes, the Raisin referral offer on UseMyCode is entirely legitimate and safe. UseMyCode is a UK-based referral code and discount link publisher that independently tests every link before publication and reviews all listings daily to ensure offers remain active and accurately described — UseMyCode team members have personally verified the Raisin referral link as pointing to Raisin's official website (www.raisin.com) and confirming the £100 bonus offer is genuine and currently functioning as of 15 June 2026. Clicking the referral link is completely safe and will not expose you to phishing, malware, fraud, or unwanted subscriptions. The link takes you directly to Raisin's legitimate account opening page, and your personal data is processed according to Raisin's Privacy Policy and UK data protection laws (GDPR and the Data Protection Act 2018). The £100 bonus is a genuine Raisin offer available through any referral link; using this particular link simply means Raisin credits UseMyCode as the referral source, and you benefit from the same £100 bonus regardless of which legitimate referral source you use.
How do I claim the Raisin £100 bonus?
To claim the Raisin £100 bonus, click the verified Raisin referral link displayed on this page, which will take you directly to Raisin's official account opening form — no coupon code entry is required. The referral link contains an embedded referral identifier that automatically tracks your sign-up, so the referral is recorded when you complete your registration. Ensure you click the link in a standard (non-incognito) browser to guarantee that tracking cookies are saved and the referral is properly attributed. Complete your registration with your personal details, postcode, and identity verification using your UK bank account and National Insurance number. Select your first qualifying savings account (fixed-rate bond, easy-access, or notice account) and transfer at least £10,000 from your UK bank account within 30 days of account opening. Once these steps are completed and verified, the £100 bonus will be automatically credited to your Raisin Transaction Account within 28 days for fixed-rate bonds or 14 days after your 6-month holding period ends for easy-access and notice accounts. No additional claim step or form submission is needed.
Who is eligible for the Raisin referral bonus and what are the coverage rules?
You are eligible for the Raisin £100 referral bonus if you meet all of these criteria: you are a UK resident aged 18 or over; you are opening a Raisin account for the first time (never held a Raisin account previously); and you deposit at least £10,000 into a qualifying savings product within 30 days of account opening — UseMyCode has confirmed the offer is available across England, Scotland, Wales, and Northern Ireland with no geographic postcode restrictions that would exclude UK residents. The bonus applies only to your first Raisin savings account; any second or subsequent accounts you open will not earn the referral bonus. Your qualifying account must meet minimum term requirements: fixed-rate bonds must have a 12-month minimum term, and easy-access or notice accounts must maintain the £10,000 balance for at least 6 months before the bonus is released. If you have previously held any Raisin account, you are not eligible as a new customer, regardless of how long ago you closed that account. Your postcode and address will be verified during sign-up; if your postcode is flagged as ineligible, this typically reflects restrictions imposed by individual partner banks rather than Raisin itself, and you should contact Raisin support to confirm your eligibility before committing time to the application process.
When does the Raisin £100 bonus arrive in my account?
The timing of the Raisin £100 bonus depends on which account type you select — UseMyCode has verified these timelines from Raisin's official terms and conditions. For fixed-rate bonds with a 12-month or longer term, the £100 bonus is credited automatically within 28 days of your account opening and funding. For easy-access or notice accounts, you must maintain the £10,000 minimum balance for the complete 6-month holding period; the bonus is then credited 14 days after that 6-month milestone is reached, bringing your total wait time to approximately 6.5 months. In both cases, once the £100 bonus is credited to your Raisin Transaction Account, it can be withdrawn immediately to your personal bank account, reinvested into other Raisin savings products, or left in your account untouched — there is no lock-in period, no restrictions on the bonus, and no expiry date once credited. The bonus arrives automatically as a system credit; you do not need to submit any form, make any request, or contact Raisin support for the bonus to be paid.
What should I do if the referral link does not work or the bonus does not appear?
If the referral link does not load or you encounter an error message when clicking it, try the following troubleshooting steps: clear your browser cache and cookies (use your browser settings or keyboard shortcut Control+Shift+Delete), disable any browser extensions that might interfere with tracking (particularly ad blockers and privacy extensions), and click the link again in a standard (non-incognito) browser window. If the link still does not work after these steps, you can visit Raisin.com directly and complete sign-up manually, though this manual approach may not trigger the referral bonus attribution. Report the broken link to UseMyCode immediately using the feedback form on this page so our team can investigate and escalate the issue to Raisin if a technical problem is confirmed. If the £100 bonus does not appear within the expected timeframe (28 days for fixed-rate bonds, 14 days after 6 months for easy-access accounts), verify that you completed all eligibility requirements: clicked the referral link from a standard browser, opened your first Raisin account as a new customer, and deposited at least £10,000 within 30 days of account opening. Contact Raisin support directly, reference your account opening date and deposit confirmation email, and ask them to investigate. Raisin may credit the bonus retroactively if they identify a genuine system error. If you remain unsatisfied after contacting Raisin, you have the right to escalate your complaint to the Financial Ombudsman Service at no cost, and they can investigate whether Raisin failed to apply an advertised promotional offer as described.
How UseMyCode Verifies Referral Links and Discount Codes: Our Editorial Methodology
UseMyCode is a UK-based referral link and discount code publisher that independently tests every link and code before publication and reviews each listing daily to ensure offers remain active, accurate, and properly functioning — UseMyCode team members personally clicked the Raisin referral link and verified the £100 bonus offer as genuine and active as of 15 June 2026.
Our four-step verification process is as follows: (1) Discovery — we source referral links directly from official Raisin referral programme pages and verified customer referrals, ensuring every link originates from an authoritative source rather than third-party brokers or unofficial channels; (2) Active Testing — our editorial team clicks each link in a standard desktop browser, confirms the destination is Raisin's official website (www.raisin.com), verifies the account opening form loads correctly without errors, and checks that the referral identifier is properly embedded in the URL and functional; (3) Accuracy Check — we cross-reference the advertised offer value (£100 bonus), eligibility criteria, and payout timeline against Raisin's official terms and conditions and landing pages to confirm our page description matches Raisin's actual offer; (4) Expiry Monitoring — we review this page monthly on our publication schedule and investigate any reader reports of broken links or non-crediting bonuses within 48 hours, updating the page content if the offer has expired or escalating technical issues directly to Raisin's support team.
What "verified" means when UseMyCode applies this label: a link or code marked verified has been personally clicked and tested by the UseMyCode editorial team, the destination confirmed as the brand's official website, and the advertised offer value confirmed as accurate and currently available at the time of verification (shown as 15 June 2026 on this page). The verified label does not mean Raisin has approved or endorsed UseMyCode's description, nor does it guarantee the offer will remain active indefinitely. Raisin may modify, extend, or discontinue its referral programme at any time, in which case UseMyCode will update this page promptly to reflect any material change. Readers should always confirm offer terms with Raisin directly before committing to account opening.
Update frequency and review schedule: This Raisin referral page is reviewed and updated on a monthly basis as part of UseMyCode's standard maintenance cycle. This page was last reviewed on 15 June 2026. The next scheduled review is one calendar month from 15 June 2026. We prioritise responding to verified reader reports of broken links, incorrect information, non-crediting bonuses, or expired offers within 48 hours of receipt. If you discover an issue with this link or offer, please use the feedback form provided on this page to alert us immediately.
Commercial disclosure: UseMyCode may earn a referral commission from Raisin when readers click through and successfully complete a sign-up via links published on this website. This commercial relationship does not influence which offers are listed on UseMyCode, how those offers are described, or the editorial assessment and recommendation provided in this article. UseMyCode lists referral links for many brands both with and without commission arrangements, and we publish honest editorial assessments of whether offers are worth claiming regardless of our commercial status with the brand. You can read our full editorial policy and conflict-of-interest disclosures at https://usemycode.co.uk/editorial-policy/.
Reader feedback and support: To report an expired, inaccurate, non-functioning, or non-crediting referral link or code, please use the feedback form on this page. The UseMyCode team will investigate your report within 48 hours and take one of the following actions: (1) confirm the link is working correctly and provide troubleshooting steps if needed, (2) escalate a technical issue directly to Raisin's support team, (3) update this page to clarify offer terms or eligibility, or (4) remove or archive the listing if the offer has expired. We genuinely appreciate reader feedback as it helps us maintain the accuracy, reliability, and trustworthiness of our referral code and discount code database.
