4 ways Raisin platform will help you smash your savings goals

Never again will you have to pass up a great savings opportunity all because you wanted to avoid the hassle of opening a new account with another bank. Filling out online forms, connecting bank accounts, and remembering new log-ins are added unnecessary inconveniences. That’s why we’re on a mission to help you save.

The Raisin platform allows you to take advantage of high-quality savings products from multiple financial institutions within our banking network, all from one online account.

Here are four reasons to become a part of our savings revolution:

Diversification means owning a variety of assets that perform differently over time. By diversifying your investments you can improve your potential returns and stabilize your results.

When it comes to your liquid cash savings, sticking to a single savings product from one bank or institution means you’re limited to the benefits and terms of that one product.

As financial institutions vie for your business, each offers a variety of different products that can benefit your savings goals.

With traditional banking, to take advantage of different institutions’ benefits, you were typically required to open an account with each unique product provider. That could mean having accounts at many institutions, or simply forgoing those benefits to avoid the hassle of managing multiple accounts.

However, Raisin.com allows you to disburse your savings via one online account, to an array of savings product providers – with just one account registration and a seamless account funding experience.

Digging through the sea of available savings products on the market can be time-consuming.

Raisin’s network of partner banks gives you access to high-yield savings products and traditional or no-penalty Certificates of Deposits.

It’s not only finding the products that takes time, but the repetitive process of registering for multiple accounts that can be a hassle, too.

With Raisin.com, your one-time account registration allows you to take advantage of multiple high-yield savings options, and track them all from one place.

Raisin.com partners with a network of FDIC-insured banks and NCUA-insured credit unions, meaning your deposits are insured up to per-depositor, per-institution limits.

Get empowered about making smart savings choices, and also have the peace of mind that your hard-earned money is backed by the full faith and credit of the United States government.

When you deposit through the Raisin platform, your one-time account registration is all it takes to have your savings deposited securely with multiple FDIC-insured banks and NCUA-insured credit unions, allow you to maximize your deposit insurance coverage.

When you choose a product on Raisin.com, your funds are transferred by our designated custodian bank to the product-offering institution.

The Raisin platform also makes tax time easier. Rather than having to hunt down an interest income statement (1099-INT) from every separate financial institution, Raisin will provide you with your tax documents all in one place.

For customers with liquid cash holdings across multiple high-yield savings accounts and CDs, unifying those statements can remove some of the stress of tax paperwork.

With the introduction of Raisin’s innovative online savings marketplace, we’re making it possible to revolutionize the way our customers manage their financial future.

We understand the difficulty of finding and saving via multiple products the traditional way. By broadening your access to those products, by facilitating choice and convenience without sacrificing safety, Raisin.com helps you increase your savings goals.