Raisin DE review

There is no monthly charge: the monthly fee is €0 on a no-monthly-fee model, and the Raisin account itself comes free. The minimum deposit of €1 is the entry condition, so a saver can open the account without a large outlay.

The minimum deposit is €1 and the account kind is easy access, so money moves freely. Deposits and withdrawals can run at any time, the balance is available daily, and interest is credited monthly. The Raisin account holding the balance comes free.

Deposits sit under EU DGS up to EUR 100,000, which is the EU deposit guarantee scheme applied in Germany. That cover sits on the deposits, so the balance is protected up to the stated limit. The account is run by Raisin SE, which is based in Germany.

German permissions cover the group. Raisin SE is listed in the Bezirksamt Friedrichshain-Kreuzberg, Berlin Finanzanlagenvermittler-Register under D-F-107-QQ43-76, and Raisin Bank AG sits under the Bundesanstalt fuer Finanzdienstleistungsaufsicht. Deposits also carry EU DGS up to EUR 100,000.

Support runs on email, phone and help centre, so the team can be reached by email or by phone, and a help centre sits alongside them. All of that help is remote, which suits savers who would rather not visit an office in person.

The monthly fee of €0 sits at the site median of €0, and the no-monthly-fee model covers 91.7% of brands here. The headline rate of 3% matches the site median of 3%, and the account ranks 242 of 473 on that rate.

It fits savers in Germany who want easy access rather than money locked away. The platform was founded in 2012 and lists its home country as DE. On term, the account ranks 29 of 35 brands, which is where the short commitment shows.