Raisin is a fintech firm that companions with banks to supply excessive rates of interest. In addition they run deposit promotions the place they gives you a money bonus for giant deposits so long as you retain them there for 90+ days.
Proper now, there’s a suggestion with Everbank the place you may lock in a 4.10% APY rate of interest for 90 days.
💵 For a restricted time, you will get a competitively excessive rate of interest plus a large deposit bonus that supercharges your efficient annualized APY to ~7% for 3 months.
Desk of Contents
Raisin Bonus Efficient APY Calculator
I clarify it intimately under, however if you happen to don’t care and simply wish to know the way a lot you may earn, use this calculator:
Raisin Bonus Efficient APY Calculator
Enter your deposit quantity to estimate your 90-day curiosity, Raisin bonus, and efficient annualized APY.
$
👉 Be taught extra about this provide
Raisin Bonus Phrases
The Raisin bonus phrases are easy. Open a brand new account with Raisin utilizing promotion code FRESHSTART earlier than 4/30/2026.
Then, deposit not less than $10,000 inside 14 days. The bonus, which is as much as $1,500, relies on your bonus quantity.
Right here is the schedule:
| Deposit | Money Bonus |
|---|---|
| $10,000 – $24,999 | $70 |
| $25,000 – $49,999 | $175 |
| $50,000 – $99,999 | $350 |
| $100,000 – $199,999 | $750 |
| $200,000 | $1,500 |
So long as you retain the money in there for 90+ days, the bonus is yours.
👉 Be taught extra about this provide
Everbank Excessive Yield Financial savings Provide
The Everbank provide is even easier – you get a 4.10% APY fee lock for 90 days. Nothing else to do aside from deposit your funds there:
How You Get Efficient Annualized ~7% APY
Efficient APY ≈ (90-day curiosity + bonus) ÷ deposit × 365/90
Right here’s the calculations for every tier:
| Deposit | 90-Day Curiosity @ 4.10% APY | Raisin Bonus | Complete Curiosity | Efficient Annualized APY |
|---|---|---|---|---|
| $10,000 | $101 | $70 | $171 | 6.94% |
| $25,000 | $253 | $175 | $428 | 6.94% |
| $50,000 | $506 | $350 | $856 | 6.94% |
| $100,000 | $1,011 | $750 | $1,761 | 7.14% |
| $200,000 | $2,022 | $1,500 | $3,522 | 7.14% |
The very best tiers for this are the $100k and $200k, as a result of the bonus is the next share of the deposit, however all tiers are fairly shut.
Additionally keep in mind that if you happen to deposit greater than what you’ll want to get a bonus (so if you happen to deposit $51,000 as an alternative of the required $50,000), it’ll decrease your efficient annualized APY.
The very best half is that you simply get the bonus after 90 days, it’s not like common financial institution curiosity that drips out all 12 months.
