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Raisin Spain review

Updated September 30, 2026 · VaultCue Editorial Team · Facts checked September 30, 2026

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Our verdict

Raisin Spain suits savers in Spain who want flexible access with money always available and cover through EU DGS up to EUR 100,000. With a minimum deposit of €1 and monthly charge of €0, you keep costs predictable while earning a headline rate of 3.1% on an easy access balance.

Key facts

Best for
Flexible savers in Spain seeking low entry costs and ready access
Headline rate
3.1%↗
Rate type
Variable↗
Minimum deposit
€1↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Money always available, withdraw anytime↗
Monthly fee
€0↗
Account kind
Easy access↗
Regulators
Banco de España↗
Legal entity
Raisin SE↗
Headquarters
Germany↗
Founded
2012↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No monthly fee
Official website
raisin.com

Facts checked September 30, 2026, 6 sources

Apps and profiles

Get the app
Google Play
Elsewhere
Trustpilotfacebook.com

Pros and cons

Pros

  • Headline rate of 3.1% with flexible access noted as Money always available, withdraw anytime for ready withdrawals
  • Minimum deposit of €1 keeps starting simple alongside monthly charge of €0
  • Protection through EU DGS up to EUR 100,000 with supervision linked to Banco de España
  • Support across email, phone and help centre gives you phone plus written routes for queries

Cons

  • Variable structure tied to variable means the return can move over time rather than staying fixed
  • Minimum deposit of €1 still asks you to place funds before interest starts to accrue
  • Support is centred on email, phone and help centre which may feel limited if you prefer branch service
  • Oversight relates to Banco de España so cross border queries may need extra care
Raisin Spain

Ready to try Raisin Spain?

Scored 8.8 / 10 by VaultCue.

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Who it suits

  • Savers who value ready withdrawals and modest entry, unlike the credit led context of Plazo with 24.19%
  • Cost aware households who prefer free holding at €0 over the distinct balance model at eToro with 3.8%

Who should look elsewhere

  • If you want a fixed rate lock, Plazo context with 24.19% may prompt comparison, though Raisin Spain is variable at variable
  • If you seek a different yield structure, eToro with 3.8% invites a side by side look at flexibility and terms

Deposit protection

Safety here centres on defined protection and supervised activity in Spain. Balances are covered through EU DGS up to EUR 100,000, which sets the boundary for eligible deposit cover and helps you judge how much to hold in the account. You can plan around that limit by spreading larger holdings where appropriate while keeping everyday reserves within cover. Oversight is linked to Banco de España, the authority named for the Spanish presence, which provides a clear point of reference for authorisation and conduct expectations. The Spanish licence is shown as 1561, giving you a concrete identifier to note when reviewing official records or raising queries. Together, protection cover, named supervision and a stated licence reference offer a transparent safety frame that favours careful savers who value clarity on where responsibility sits and on how deposits are sheltered.

Fees and FX

Costs stay light and predictable for everyday use. The minimum deposit is set at €1, which lowers the barrier for opening and lets you begin with a modest transfer before deciding on larger contributions. That approach suits you if you prefer to confirm access arrangements and service quality before committing fuller reserves. The monthly charge stands at €0, so holding the account does not create recurring upkeep that erodes interest over time. With no monthly deduction to offset, you can leave balances to accumulate and withdraw when needed without weighing an ongoing charge against yield. The combination of a modest entry point and a free holding structure keeps the focus on access and planning rather than on managing fees, which many flexible savers will appreciate when comparing options side by side.

The company behind it

The service is provided by Raisin SE, the legal entity behind the Spanish offering, which gives you a clear organisational name for agreements and disclosures. Its home base is linked to DE, placing operational roots outside Spain while serving savers through a local Spanish framework. The organisation was founded in 2012, giving it a track record that spans changing rate cycles and evolving saver needs. Day to day help is organised through email, phone and help centre, covering written routes, direct voice contact and self help material for common questions. That mix lets you choose the method that fits the query, from detailed written follow up to quicker voice clarification and independent reading. The Spanish licence is shown as 1561, tying the company, its history and its support structure to an identifiable authorisation in Spain.

How Raisin Spain compares

Where Raisin Spain is available

Available
Spain
Licence in Spain
Banco de España (1561), checked September 30, 2026

Countries from the brand (Source, checked September 30, 2026)

Frequently asked questions

What is the minimum deposit to start saving?+

You open with a minimum deposit of €1 which keeps entry light for most households. The low threshold lets you start modestly and add more later as your plans develop. It suits you if you prefer to test the account before moving larger balances.

Are there monthly fees for holding the account?+

The account carries a monthly charge of €0 and follows a model described as no monthly fee. That means you do not face recurring account upkeep simply for holding a balance. You can focus on withdrawals and contributions without monthly deductions.

How is my money protected?+

Balances are covered through EU DGS up to EUR 100,000 which defines the safety net for eligible deposits. Protection applies up to the stated scheme limit rather than on an unlimited basis. You should keep the limit in mind when planning larger holdings.

Who regulates the service in Spain?+

Supervision is linked to Banco de España and the Spanish licence is shown as 1561. That framework sets conduct and authorisation expectations for activity in Spain. You can note the licence reference when checking official registers.

Can I withdraw money whenever I need it?+

The account is described as easy access with access noted as Money always available, withdraw anytime. That structure lets you take out funds when plans change without a fixed lock. It suits you if flexibility matters more than a fixed term commitment.

Is the interest rate fixed or variable?+

The rate structure is noted as variable with a headline rate of 3.1%. A variable rate can rise or fall in line with market and provider decisions. You should review updates regularly if yield stability matters to you.

How can I get help with my account?+

Help is available through email, phone and help centre for account queries and guidance. You can choose written contact, direct calls or self help material depending on the issue. Response times may vary by channel and by demand at busy periods.

Sources

Compiled from 6 source pages, checked September 30, 2026. We did not open an account.

Not confirmed yet: Term.

Raisin Spain

Raisin Spain

Flexible savers in Spain seeking low entry costs and ready access

8.8/10See alternatives