Raisin Referral

Looking for a working Raisin referral code in the UK? New customers who register through the Raisin referral link can receive a £100 cash bonus after opening and funding a qualifying fixed-rate bond.

To earn the bonus, your first successfully opened Raisin savings account must be:

• A fixed-rate bond
• Held for a term of at least one year
• Funded with a single deposit of £10,000 or more
• Opened after registering through the referral link

Once the qualifying account is opened and funded, Raisin says the £100 bonus will be paid into your Raisin UK Transaction Account within 28 days.

Raisin referral offer at a glance

Offer detail	Information
New-customer bonus	£100
Minimum qualifying deposit	£10,000
Eligible product	Fixed-rate bond
Minimum bond term	One year
Number of accounts allowed for qualifying deposit	One
Which savings account must qualify?	Your first successfully opened Raisin savings account
Bonus payment time	Within 28 days of opening and funding the qualifying bond
Referral link	Claim the Raisin £100 referral bonus
Platform fee	Raisin UK is free for savers to use
Important consideration	Your money will normally be locked away for the fixed term

Claim the £100 Raisin referral bonus

Use this dedicated link to begin your application:

Join Raisin UK and claim the £100 referral bonus

The personalised referral information is embedded in the URL. You do not normally need to enter a separate promotional code.

For the referral to track correctly, open the link before registering and complete the application using the same browser and device.

What is the Raisin referral code?

The Raisin promotion uses a personalised referral link rather than a short code.

The referral link is:

https://www.raisin.com/en-gb/referral/?raf=92c0dda3d7ef763433834fc9628634b25bcfd104

The unique referral identifier is contained in the raf= section of the URL. Opening this link allows Raisin to associate your registration with the referral offer.

Do not register independently through the normal Raisin homepage if you want to claim the bonus. A referral may not be added to an existing account retrospectively.

How to qualify for the Raisin £100 bonus

The current Raisin referral terms contain several important requirements.

1. You must be a new Raisin UK customer

The promotion is only available for new referral registrations. If you have already registered for a Raisin UK Account, you are unlikely to qualify as a new referred customer.

2. You must register through the referral link

Start your application using:

Claim the Raisin referral offer

The referral link should be opened before the registration process begins.

3. Your first savings account must be a fixed-rate bond

Your first successfully opened savings product through Raisin must be an eligible fixed-rate bond.

Opening an easy-access or notice account first could mean that you no longer satisfy the first-account requirement.

4. The fixed term must be at least one year

Shorter fixed-rate products do not qualify. The bond must have a term of one year or longer.

Potentially qualifying terms could include:

• One-year fixed-rate bonds
• Two-year fixed-rate bonds
• Three-year fixed-rate bonds
• Five-year fixed-rate bonds

The product must also satisfy all the other referral conditions.

5. You must deposit at least £10,000

The qualifying fixed-rate bond must be funded with a minimum deposit of £10,000.

The current offer does not provide the £100 reward for a £1,000 deposit.

6. The deposit cannot be split

The £10,000 cannot be divided across several savings accounts.

For example, depositing £5,000 into one bond and £5,000 into another would not satisfy the requirement. At least £10,000 must be placed into one qualifying fixed-rate bond.

7. The account must be successfully opened and funded

Starting an application is not sufficient. The selected partner bank must accept and open the account, and the full qualifying deposit must be transferred during the product’s funding window.

Step-by-step guide to claiming the £100 Raisin bonus

1. Open the Raisin referral link.
2. Select the option to begin registration.
3. Create your free Raisin UK Account.
4. Complete the required identity and eligibility checks.
5. Add your nominated UK bank or building-society account.
6. Browse the available fixed-rate bonds.
7. Choose a qualifying bond with a term of at least one year.
8. Make sure it will be your first successfully opened Raisin savings account.
9. Apply to deposit at least £10,000 into the single bond.
10. Transfer the full deposit into your Raisin UK Transaction Account during the funding window.
11. Allow Raisin to send the deposit to the selected partner bank.
12. Wait for confirmation that the fixed-rate bond has opened successfully.
13. Raisin should credit the £100 bonus to your Transaction Account within 28 days.

Save your registration confirmation, savings-account application and deposit records until the bonus has been received.

Important referral tracking tips

The offer is linked to the personalised referral journey, so take a few simple precautions:

• Open the referral link before registering.
• Use the same browser and device throughout registration.
• Make sure cookies are enabled.
• Avoid private or incognito browsing.
• Do not clear your cookies during registration.
• Do not open a different Raisin promotional link.
• Avoid entering another promotional code unless Raisin confirms it can be combined.
• Confirm that your registration is associated with the referral promotion.
• Save a screenshot of the £100 offer.
• Keep the email confirming that the fixed-rate bond has been funded.

If you encounter a problem, contact Raisin before opening the savings account rather than trying to correct the referral after the deposit has been placed.

What is Raisin UK?

Raisin UK is an online savings marketplace. It allows customers to compare, open and manage savings accounts from different partner banks through one Raisin account.

Raisin is not itself the bank paying interest on the qualifying fixed-rate bond. It acts as an intermediary between savers and participating banks and building societies.

Instead of creating a separate online profile with every savings provider, customers can use one Raisin login to browse and manage multiple accounts.

Raisin says its UK marketplace provides access to more than 45 partner banks, while the wider Raisin group serves over one million savers internationally.

Is Raisin an investment platform?

Raisin is principally a savings marketplace, not a stock-market investment platform.

You do not use Raisin to buy:

• Company shares
• Investment funds
• Exchange-traded funds
• Cryptocurrency
• Contracts for difference
• Other market-traded securities

The fixed-rate bonds available through Raisin are savings products. You deposit money with a partner bank for an agreed period and receive a fixed rate of interest.

The word “bond” can sometimes describe a tradeable investment, but a Raisin fixed-rate bond generally refers to a fixed-term savings account.

This distinction is important because a savings deposit does not normally fluctuate in market value in the way that shares or funds can.

How Raisin UK works

Raisin provides a central account through which you can apply for savings products from different partner banks.

The process normally works as follows:

1. Register once with Raisin

You create a Raisin UK Account and complete identity checks.

Raisin may ask for information including:

• Your full name
• Residential address
• Date of birth
• National Insurance number
• Email address
• Mobile telephone number
• Nominated bank-account details
• Proof of identity or address where required

You must be at least 18 years old to apply.

2. Receive a Transaction Account

Raisin customers receive a Transaction Account provided by ClearBank.

This account is used to move money between your nominated bank account and savings accounts selected through the Raisin marketplace.

3. Choose a savings account

You can compare products from partner banks using information including:

• Interest rate
• AER
• Minimum deposit
• Maximum deposit
• Fixed term
• Access restrictions
• Interest-payment frequency
• Deposit protection
• Maturity arrangements

4. Transfer your deposit

You send money from your nominated bank account to the Raisin UK Transaction Account.

Raisin then arranges for the money to be transferred to the selected partner bank, either directly or through the applicable bare-trust structure.

5. Manage your accounts in one place

Once the savings account opens, you can monitor it through the Raisin website or app.

Raisin’s service is free for savers because it receives intermediary fees from its partner banks when customers open accounts.

What is a Raisin Transaction Account?

The Transaction Account acts as the central wallet for your Raisin activity.

It can be used to:

• Receive money from your nominated bank account
• Fund new savings products
• Hold money before a savings account opens
• Receive matured fixed-term deposits
• Receive interest payments where applicable
• Receive referral and promotional bonuses
• Withdraw available money back to your nominated account

The Transaction Account is powered by ClearBank.

Eligible deposits held in the ClearBank Transaction Account are protected by the Financial Services Compensation Scheme up to the relevant limit, taking into account any other eligible money you hold under the same banking licence.

What is a fixed-rate bond?

A fixed-rate bond is a savings account that pays an agreed interest rate for a set period.

For example, you may deposit money for:

• One year
• Two years
• Three years
• Five years

The interest rate is normally fixed when the account opens. This provides certainty about the rate you will receive, even if market savings rates later fall.

In return, you normally agree not to access the money until the account reaches maturity.

Why consider a fixed-rate bond?

A fixed-rate bond may appeal if you:

• Have a lump sum that you will not need immediately.
• Want certainty about your interest rate.
• Think savings rates may fall in the future.
• Want to avoid repeatedly switching easy-access accounts.
• Are saving towards a goal with a known future date.
• Want to receive the Raisin referral bonus.
• Prefer a savings product rather than a market investment.

The right term depends on when you expect to need the money.

Can you withdraw money early?

Fixed-rate bonds are designed for money that can remain deposited until maturity.

Products opened through Raisin may not permit early closure simply in return for paying an interest penalty. Access may only be allowed in limited exceptional circumstances, depending on the partner bank’s terms.

Do not deposit money that you may need for:

• Emergency household costs
• Rent or mortgage payments
• Tax bills
• Planned major purchases
• Short-notice living expenses
• Uncertain financial commitments

Keep a separate emergency fund in an accessible account.

How valuable is the £100 Raisin bonus?

A £100 reward on a £10,000 qualifying deposit is equivalent to 1% of the original deposit.

That £100 bonus is paid in addition to the interest earned on the fixed-rate bond.

For example:

Qualifying deposit	Referral bonus	Bonus as percentage of deposit
£10,000	£100	1.00%
£15,000	£100	0.67%
£20,000	£100	0.50%
£25,000	£100	0.40%
£50,000	£100	0.20%

The percentage benefit is highest when depositing the minimum qualifying amount of £10,000.

The bonus is separate from the advertised AER and should not be treated as part of the partner bank’s interest rate.

Example of the potential first-year benefit

Suppose you place £10,000 into a qualifying one-year fixed-rate bond paying 4.50% AER.

Ignoring tax and assuming the account pays the full annual interest, the calculation would be:

• Initial deposit: £10,000
• Illustrative interest at 4.50%: £450
• Raisin referral bonus: £100
• Total illustrative first-year benefit: £550

The £100 bonus effectively increases the initial gross benefit, although it does not change the fixed-rate bond’s official AER.

This is only an illustration. Actual interest depends on the selected product, its rate, term, payment method and account conditions.

Current Raisin fixed-rate bond rates

Raisin displays products from multiple partner banks, and available rates can change frequently.

At the time of writing, Raisin advertises fixed-rate bonds paying up to approximately 5.02% AER. This is a maximum marketplace rate rather than a guarantee that every term or qualifying product will pay that amount.

Before applying, compare:

• The AER
• Gross interest rate
• Bond duration
• Minimum and maximum deposit
• Interest-payment schedule
• Early-access rules
• Maturity process
• Deposit-protection provider
• Whether the account meets the referral requirements

A shorter qualifying term may pay a different rate from a three-year or five-year product.

Raisin savings products

Raisin’s UK marketplace includes several types of savings accounts.

Fixed-rate bonds

These pay a fixed interest rate for an agreed period. A qualifying bond of at least one year is required for the £100 referral bonus.

Easy-access savings accounts

Easy-access accounts allow withdrawals subject to the specific account terms. Their interest rates are usually variable.

An easy-access account does not satisfy the current referral conditions.

Notice savings accounts

A notice account requires you to provide advance notice before withdrawing money. Notice periods may range from a few weeks to several months.

Notice accounts can offer a middle ground between easy access and a fully fixed term, but they do not qualify for this particular referral reward.

Sharia-compliant savings accounts

Raisin may offer Sharia-compliant accounts from Islamic banks. These pay an expected profit rate rather than conventional interest.

Whether a particular Sharia-compliant fixed-term product qualifies for the referral offer will depend on the live terms and whether Raisin classifies it as a qualifying fixed-rate bond.

Which Raisin accounts qualify for the £100 bonus?

Raisin product	Qualifies?
Fixed-rate bond lasting one year or longer	Yes, if all other conditions are met
Fixed-rate bond funded with at least £10,000	Yes
Fixed-rate bond lasting less than one year	No
Easy-access savings account	No
Notice savings account	No
£10,000 split across two accounts	No
Second savings account after another product opened first	No
Existing customer registration	No
Incomplete or unfunded application	No

The qualifying bond must be the referred customer’s first successfully opened Raisin savings account.

What does “first successfully opened account” mean?

The referral terms require the qualifying fixed-rate bond to be your first successfully opened savings account through Raisin.

This means you should not open an easy-access, notice or short-term fixed account while waiting to decide which qualifying bond to choose.

A sensible order is:

1. Register through the referral link.
2. Complete your identity verification.
3. Compare qualifying one-year-or-longer fixed-rate bonds.
4. Select the bond you want.
5. Apply for that product first.
6. Fund it with at least £10,000.
7. Wait until it is successfully opened.

You can consider other Raisin products after the qualifying bond is active.

Can the £10,000 be split between different bonds?

No. The terms specifically state that the qualifying deposit cannot be split across several savings accounts.

The full minimum amount must be deposited into one fixed-rate bond.

These examples would not qualify:

• £5,000 in one bond and £5,000 in another
• £7,500 in a fixed-rate bond and £2,500 in easy access
• £9,000 in a one-year bond and £1,000 in a notice account

A single qualifying savings account must receive at least £10,000.

When will the £100 bonus be paid?

Raisin says the bonus will be paid within 28 days of the qualifying fixed-rate bond being opened and funded.

The payment will be made into the new customer’s Raisin UK Transaction Account.

Once the money is available, it can generally be:

• Withdrawn to the nominated bank account
• Held temporarily in the Transaction Account
• Used towards another eligible Raisin savings product

The referrer should also receive £100 within the applicable payment period, provided all the referral conditions are satisfied.

Is the Raisin referral bonus interest?

No. The £100 reward is a promotional bonus rather than interest paid by the partner bank.

The fixed-rate bond will separately earn interest at its advertised rate.

Tax treatment depends on personal circumstances and can change. Raisin provides an annual statement detailing interest earned across savings accounts, but customers remain responsible for understanding their own tax position.

Is Raisin UK safe?

Raisin UK is a trading name of Raisin Platforms Limited, which is authorised and regulated by the Financial Conduct Authority.

Savings are ultimately deposited with the selected partner bank or building society rather than being lent to Raisin itself.

The protection applying to your money depends on where it is held:

• Money in the Raisin UK Transaction Account is held through ClearBank.
• Money in a partner savings account is covered under the protection scheme applicable to that bank.
• UK-regulated bank deposits are generally protected by the FSCS.
• Products from eligible European banks may use the relevant national Deposit Guarantee Scheme.

Always read the protection information shown on the individual product page.

How much FSCS protection is available?

From 1 December 2025, the standard UK FSCS deposit-protection limit increased to £120,000 per eligible person, per authorised bank or banking licence.

This means eligible savings with a UK-regulated institution can be protected up to £120,000 if that institution fails.

The limit applies per banking licence, not necessarily per brand or account.

For example, if two savings brands share the same banking licence, eligible deposits across both may be combined when calculating protection.

Check whether you already hold money with the selected bank or another brand operating under the same licence.

The importance of the underlying partner bank

Raisin is the marketplace, but the fixed-rate bond is provided by a partner bank.

Before choosing a product, look at:

• The legal name of the deposit-taking bank
• Which deposit-protection scheme applies
• Whether it shares a banking licence with another provider
• The maximum protected amount
• Any existing savings you hold with the same banking group
• The product’s specific terms and conditions

This helps ensure your total eligible savings remain within the applicable protection limit.

Using the Raisin app

Raisin has a mobile app that can be used to manage the account and explore available savings products.

Features include:

• Viewing total savings
• Browsing current products
• Comparing interest rates
• Applying for new savings accounts
• Checking the Transaction Account balance
• Monitoring reserved and available funds
• Reviewing transaction history
• Withdrawing available cash
• Managing fixed-rate bond maturity instructions

The website provides similar functionality if you prefer managing savings through a desktop browser.

What happens when a fixed-rate bond matures?

When the term ends, the deposit and applicable interest will normally be returned according to the partner bank’s maturity instructions.

Depending on the product, your options may include:

• Returning the money to your Raisin Transaction Account
• Renewing with the same partner bank
• Selecting a new fixed-rate bond
• Moving the money to another Raisin savings account
• Withdrawing to your nominated bank account

Some products may have automatic-renewal settings. Review your maturity instructions in advance so the money is not committed to another fixed term unintentionally.

Advantages of Raisin UK

One registration for numerous savings providers

You can compare and manage products from several banks through one Raisin account.

Free for savers

Raisin does not charge customers a platform fee for using its standard marketplace. It is paid intermediary fees by participating banks.

Competitive savings rates

The marketplace can provide access to banks and building societies that may not be familiar high-street names.

Centralised account management

Savings accounts, balances, maturity dates and interest information can be viewed in one place.

Deposit protection

Eligible deposits receive the relevant FSCS or European deposit-guarantee protection, subject to scheme limits.

£100 referral bonus

A new customer who meets the current requirements receives an additional £100.

Useful for savings ladders

Customers can open fixed-rate bonds with different maturity dates rather than locking all their savings into one term.

Points to consider

The qualifying minimum is £10,000

This is a meaningful savings commitment. Do not transfer money needed for everyday costs or emergencies.

Your money may be locked away

A one-year-or-longer fixed-rate bond is not suitable if you might need the money before maturity.

The first account matters

Opening the wrong type of savings account first can affect referral eligibility.

The deposit cannot be divided

At least £10,000 must go into one qualifying bond.

Rates can change before opening

Savings products can be withdrawn or repriced. The rate is normally secured only once the account opens under the partner bank’s terms.

Deposit protection is per bank

Savings held elsewhere with the same banking licence count towards the applicable protection limit.

Fixed bonds may not beat future rates

Locking a rate protects you if general savings rates fall, but you could miss better returns if market rates rise.

Who might benefit from the Raisin referral offer?

The promotion may suit someone who:

• Has at least £10,000 available as longer-term savings.
• Will not need the money for at least one year.
• Wants a fixed and predictable savings rate.
• Is comfortable using an online savings marketplace.
• Wants to compare several partner banks.
• Understands the deposit-protection arrangements.
• Has retained a separate accessible emergency fund.
• Wants an extra £100 in addition to interest.

Who might not find it suitable?

The offer may be less suitable if you:

• Only have £1,000 available to save.
• Need instant or short-notice access to the money.
• Want to split the £10,000 across multiple accounts.
• Have already opened a Raisin savings account.
• Want your first Raisin product to be easy access.
• Are uncomfortable opening an account with a lesser-known partner bank.
• Already hold enough money with the underlying bank to exceed the relevant protection limit.

Common reasons the Raisin bonus may not be paid

The reward could be declined if:

• You register without using the referral link.
• You are not a new customer.
• Your first successful account is not a qualifying fixed-rate bond.
• The selected term is shorter than one year.
• You deposit less than £10,000.
• You divide the deposit across several accounts.
• The account application is cancelled or rejected.
• The complete deposit is not transferred during the funding window.
• You use another promotion that cannot be combined.
• You breach the referral or account terms.

Frequently asked questions

What is the Raisin referral code?

The promotion uses this referral link:

https://www.raisin.com/en-gb/referral/?raf=92c0dda3d7ef763433834fc9628634b25bcfd104

The referral identifier is embedded in the URL.

How much is the Raisin referral bonus?

An eligible new customer receives £100. The person making the referral can also receive £100.

Do I only need to deposit £1,000?

No. The current personalised referral page requires a minimum deposit of £10,000.

Which Raisin product must I open?

You must open and fund a qualifying fixed-rate bond with a term of one year or longer.

Can I choose an easy-access account?

You can open easy-access products through Raisin, but an easy-access account does not satisfy this referral offer.

Can I split £10,000 across two bonds?

No. The qualifying deposit must be placed into a single savings account.

Does the bond need to be my first Raisin account?

Yes. It must be the referred customer’s first successfully opened Raisin savings account.

How long must the fixed-rate bond last?

The term must be at least one year.

When will I receive the bonus?

Raisin says the £100 will be credited to the Transaction Account within 28 days of opening and funding the qualifying fixed-rate bond.

Can existing customers use the referral link?

The offer is for new referral registrations. Existing Raisin customers are unlikely to qualify as the referred friend.

Can I enter the referral after registering?

Do not rely on the referral being applied retrospectively. Open the referral link before creating the account.

Is Raisin free to use?

Yes. Raisin’s standard UK savings marketplace is free for customers. Raisin earns fees from partner banks.

Is Raisin a bank?

No. Raisin is a savings marketplace and intermediary. Savings products are provided by its partner banks and building societies.

Is the money protected?

Eligible deposits are protected under the applicable deposit-guarantee scheme. For UK-regulated banks, the current FSCS limit is generally £120,000 per eligible person, per banking licence.

Can I withdraw a fixed-rate bond early?

Usually not. Fixed-rate products are intended to be held until maturity, with early access only in limited circumstances where the product terms permit it.

Can I combine the referral with another Raisin promotion?

Do not assume that two promotional offers can be combined. Follow the referral journey and check the latest terms before entering another code.

Is the £100 included in the savings rate?

No. It is a separate referral bonus and is not included in the fixed-rate bond’s AER.

Will the bonus be paid into the fixed-rate bond?

The bonus is paid into the customer’s Raisin UK Transaction Account rather than being added to the locked fixed-rate bond.

Raisin referral offer: final verdict

The Raisin referral code provides an attractive extra reward for someone who already has at least £10,000 available for medium- or long-term savings.

The key benefit is straightforward: open your first Raisin savings account as a qualifying fixed-rate bond, deposit £10,000 or more into that single account, and receive a £100 bonus in addition to the interest earned.

The platform can also make it easier to compare accounts from multiple partner banks without managing a separate login for each provider.

The most important points are:

• Register through the referral link.
• Be a new Raisin UK customer.
• Choose a fixed-rate bond lasting at least one year.
• Make it your first successfully opened Raisin savings account.
• Deposit at least £10,000 into that single bond.
• Do not split the qualifying deposit.
• Expect the £100 bonus within 28 days of opening and funding the account.
• Make sure you can leave the savings untouched until maturity.

Claim your £100 Raisin referral bonus

New-customer bonus: £100

Minimum deposit: £10,000

Qualifying product: A fixed-rate bond lasting at least one year

Expected payment: Within 28 days of opening and funding the bond

Join Raisin UK through the referral link

Referral disclosure: This article contains a personal Raisin referral link. If you register as a new customer and successfully open and fund a qualifying fixed-rate bond, you and the referrer may each receive £100. Referral conditions, available accounts and interest rates can change, so read the live offer terms before registering.

Savings information: Raisin fixed-rate bonds are savings products rather than stock-market investments. Eligible deposits receive the protection applicable to the underlying bank, subject to scheme limits and eligibility. Fixed-term savings may not be accessible until maturity. This article provides general information and is not personal financial or tax advice.