Raisin Austria review
Updated September 30, 2026 · VaultCue Editorial Team · Facts checked September 30, 2026
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Our verdict
Raisin Austria suits savers in Austria seeking access to partner bank offers under European deposit rules rather than a domestic current account for daily spending needs. Deposit protection sits at EU DGS up to EUR 100,000 while oversight comes from Bundesanstalt fuer Finanzdienstleistungsaufsicht as listed in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin).
Key facts
- Best for
- Savers in Austria comparing partner bank savings under European cover
- Deposit protection
- EU DGS up to EUR 100,000↗
- Regulators
- Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin)↗
- Official website
- weltsparen.at
Facts checked September 30, 2026, 1 source
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Pros and cons
Pros
- Deposit protection is stated as EU DGS up to EUR 100,000, giving savers a clear European ceiling for eligible balances
- Oversight comes from Bundesanstalt fuer Finanzdienstleistungsaufsicht as listed in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), which keeps accountability clear for savers comparing providers
- European cover at EU DGS up to EUR 100,000 contrasts with Chip at FSCS up to GBP 85,000, helping euro savers see where this marketplace sits
- European cover at EU DGS up to EUR 100,000 contrasts with Betterment at FDIC up to USD 250,000, which helps savers match currency and jurisdiction to needs
Cons
- Cover is capped at EU DGS up to EUR 100,000, so balances above that ceiling do not enjoy extra protection under that fact
- Oversight is tied to Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), so savers seeking oversight from another authority will not find it in that listing
- European cover at EU DGS up to EUR 100,000 differs from United States cover at FDIC up to USD 250,000, which matters for savers holding dollars
Who it suits
- Savers in Austria who want euro deposits with cover at EU DGS up to EUR 100,000 and oversight shown in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin)
- Savers comparing European partner banks against Chip because cover at FSCS up to GBP 85,000 uses a different scheme and currency
Who should look elsewhere
- Savers who want sterling cover under FSCS up to GBP 85,000 may prefer Chip because that scheme matches British accounts
- Savers who want dollar cover under FDIC up to USD 250,000 may prefer Marcus by Goldman Sachs because that scheme matches United States balances
Safety of your money
Raisin Austria operates as a marketplace that directs Austrian savers to deposit offers from partner banks, so safety rests on two separate facts that work together. Deposit protection is stated as EU DGS up to EUR 100,000. That means eligible deposits held with a participating partner bank enjoy cover through the European deposit guarantee system up to the stated ceiling, per depositor and per bank, under the rules that apply in the bank home state. Savers do not need to arrange separate insurance, because the scheme attaches to the deposit itself when conditions are met, although balances above the ceiling and products that are not eligible deposits remain outside that cover. Oversight is shown in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), which names Bundesanstalt fuer Finanzdienstleistungsaufsicht. That authority supervises the disclosed Raisin entity for this offering, so standards on conduct, handling of client funds and regulatory reporting flow through that channel. The combination matters for comparison shopping. Protection answers the question of what happens if a partner bank cannot repay, while supervision answers the question of who watches the marketplace operator and under which rulebook. Savers should confirm that each chosen partner bank participates in a European guarantee scheme, keep balances within the stated ceiling per bank, and keep records of deposits in case a claim ever arises. Where savings exceed the ceiling at a single bank, spreading funds across separate participating banks can keep a greater share within cover, since the ceiling applies per depositor per bank rather than across the marketplace as a whole. This structure suits savers who value defined European protection and clear German supervision, and who accept that safety depends on the partner bank where funds ultimately sit. It is less suited to savers who expect Austrian domestic supervision or cover beyond the stated European ceiling, because neither element appears in the listed facts for this brand.
How Raisin Austria compares
Where Raisin Austria is available
- Available
- Austria
- Licence in Germany
- Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 30, 2026
Countries from the brand (Source, checked September 30, 2026)
Frequently asked questions
Is money saved through Raisin Austria protected?+
Yes, balances placed through partner banks fall under deposit protection stated as EU DGS up to EUR 100,000. That means eligible savings enjoy protection through the European scheme up to the stated ceiling. Savers should check that the chosen partner bank participates and that the balance stays within the covered amount.
Who regulates Raisin Austria?+
Raisin Austria lists oversight from Bundesanstalt fuer Finanzdienstleistungsaufsicht, shown in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin). That authority supervises the disclosed entity in Germany for the Austrian offering. Savers can expect conduct and prudential rules to apply through that supervisory channel rather than through an Austrian domestic licence.
What does the deposit guarantee actually cover?+
The stated protection is EU DGS up to EUR 100,000. It covers eligible deposits per depositor per bank up to the stated ceiling under European rules. It does not create separate cover for funds above the ceiling, and investment risk or interest changes are not covered by that deposit scheme.
How does protection compare with Chip?+
Raisin Austria states cover at EU DGS up to EUR 100,000, while Chip states cover at FSCS up to GBP 85,000. The difference reflects European cover against British cover and euros against sterling. Savers choosing between them should weigh currency needs and where balances will sit before deciding which structure fits.
How does protection compare with Marcus by Goldman Sachs?+
Raisin Austria states cover at EU DGS up to EUR 100,000, while Marcus by Goldman Sachs states cover at FDIC up to USD 250,000. That contrast matters for savers deciding between euro savings through European banks and dollar savings through United States banks. Currency, residence and tax position also shape the right choice.
How does protection compare with Betterment?+
Raisin Austria states cover at EU DGS up to EUR 100,000, while Betterment states cover at FDIC up to USD 250,000. The schemes operate in different jurisdictions and in different currencies. Savers who live in Austria and save in euros may value European cover, while savers based in dollars may lean toward the United States model.
Does regulation replace deposit protection?+
No, supervision shown in Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) does not replace deposit protection stated as EU DGS up to EUR 100,000. Supervision sets standards for conduct and stability, while the guarantee scheme provides repayment cover if a participating bank fails. Savers benefit when both layers apply together, since each addresses a different type of risk.
What happens to balances above the protected ceiling?+
Savers with balances above the ceiling should take care because protection is stated as EU DGS up to EUR 100,000. Amounts within the ceiling enjoy scheme cover, while any excess with the same bank does not gain further cover under that fact. Spreading larger sums across different participating banks can help savers stay within covered limits.
Sources
- raisin.com/de-at/impressum checked September 30, 2026
Backs: Deposit protection, Regulators, Licences
Compiled from 1 source page, checked September 30, 2026. We did not open an account.
Not confirmed yet: Headline rate, Rate type, Term, Minimum deposit.