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4.3
4.3 Based on 2.4K reviews

Open a no-fee Raisin account in minutes and spread your savings across our growing network of banks and credit unions. You’ll get $250,000 of insurance coverage per institution, per individual, and be able to manage your savings in one account. Earn more,...

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Morty Powell
Savings are at Great Risk

Raisin, an entirely online banking service, makes it extremely difficult to withdraw the funds I unfortunately deposited with them. They want a statement from my current checking account, which I sent them. Now they want a statement for an account that was closed two years ago, which I cannot obtain. In addition two these two statements, they want me to get a notarized proof of my identity and snail mail it, along with a form, to their headquarters. They give no clue before opening the account that it is next to impossible to withdraw my money. I have had numerous bank accounts since the advent of online banking. Never have I experienced anything like the extraordinary documentation required by Raisin to withdraw my money, including documentation from an account that has been closed nearly two years. I have never had to snail mail a notarized identity document. These are not required by banking standards. They are obfuscating ways of holding money hostage.

1
Date of experience: Mar 18, 2025

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Business Details

  • Open a no-fee Raisin account in minutes and spread your savings across our growing network of banks and credit unions. You’ll get $250,000 of insurance coverage per institution, per individual, and be able to manage your savings in one account. Earn more, SaveBetter™.

  • email support.us@raisin.com
  • language https://raisin.com/en-us

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