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The financial specialists at Money Saving Expert have highlighted online savings platform Raisin due to it’s impressive £100 cashback offer for new savers.
Online savings platforms offer accounts from their associated banks, sometimes with even better rates, and offers a chance for savers to easily switch between accounts.
The experts at MSE highlighted Raisin, Flagstone and Hargreaves Lansdown Active Savings as the biggest names in this industry. A new promotion opportunity from Raisin gives new savers the chance to get £100 cashback if they save £10,000+ for at least six months.
To access this offer you must register with Raisin here and enter the code OFFER100 in the promo code box by 11.59am on 30 September.
Potential savers need to open a new savings account (easy-access accounts, notice accounts and fixed accounts with a length of six months or longer) and input £10,000 by 11.59pm on 15 October.
The money must then be kept in the account for six months, the cashback will be paid into the Raisin account 14 days after the six months are over.
A full list of available Raisin accounts can be found here.
The MSE experts warned: « If you have any issues with your account, you need to contact the savings platform directly. You can contact all the providers we list by email, phone or secure messaging when logged in online.
« Raisin has links with about 40 banks, Hargreaves Lansdown has about 20, and Flagstone around 65. This means their offerings are not whole-of-market – so they won’t always offer the top rates.
« Before you sign up to a new account through these platforms, check this guide to see if the rate can be beaten.