Raisin offers a few kinds of incentives that reward both new users and people who refer them:
If you refer a friend who signs up at Raisin using your unique referral code and makes a qualifying initial deposit (often $5,000 or more), both you and the new customer can earn cash bonuses.
The amount of bonus depends on how much the new customer deposits and maintains for a set period (commonly 90 days).
Typical bonus levels might begin at around $50 for $5,000 deposits and increase with larger deposit amounts (e.g., up to $100–$200 for larger deposits).
There’s often a cap on how much total referral bonus a single referrer can earn (for example, up to $2,000 in total).
In the UK and other Raisin markets, the structure may vary but is similar in spirit: a referee opens and funds a qualifying savings product with a minimum balance (often around €5,000–£5,000), keeps it at that level for a minimum period (usually 6 months), and then both parties receive a bonus (e.g., £50–£100 each).
Often your referred friend needs to open their first savings account through your link and keep the required minimum balance for a set holding period to receive the reward.
These amounts and exact terms can vary by campaign and geography
Raisin is not itself a bank. Instead, it’s a digital savings marketplace where you can:
Search and compare savings accounts and deposit products from various partner banks.
Open and manage those accounts through a single Raisin login.
Earn competitive interest rates on savings or fixed-term deposits (often higher than typical banks).
Keep your deposits insured, because the money actually sits in the partner banks (e.g., FDIC insurance in the U.S. or FSCS protection in the UK).
Instead of applying to several different banks individually, Raisin lets you do it all from one dashboard and organizes account details in one place.
Login to add Comments.
Many businesses introduce a referral system with the main goal of increasing the number of customers. For example, if you are joining a gym for the first time they might offer you a free month as a new customer if you refer a friend to that particular gym. In addition, the client (or 'affiliate') might also get an extra bonus, for example a trial week.
As you can see, it's a 'win-win' situation for both parties; one is getting a free month and the other one a trial week. What happens, in reality, is that often, you can't invite a friend, because you don't have any friends interested in this particular referral business. Moreover, companies regularly offer better services or lower prices to affiliates who bring them referrals. And of course you want to take advantage of all these additional benefits.
What if you can actually do something about it? Wouldn't it be great if you could find a place where people like you share referrals? The good news is that there is already a platform that solves these problems.
Share Referrals is a website that lets people post referrals so those who are looking to be referred can find them in just a few easy steps. Both parties benefit and the process is quick and seamless. You don't even need to register an account, just fill in the form, and you are ready to go. The site is used by millions of people so you can be sure to obtain the bonus associated with the 'Refer a friend service' in a very short time
Furthermore, if you know that you will get something for free not only as a new customer, but also if a friend recommended you to that business, wouldn't you ask your friends if they are already customers of that business? At Share Referrals you can view referrals from other people, and it is highly likely that there is someone who posted about the same business that you are looking for. If you can get any additional benefits or bonuses from the Refer a Friend service, but you don't have a close friend who is interested in that particular service, just go to the Share Referrals website and you will surely find what you are looking for.