Raisin is offering new customers up to $1,000 in bonus cash on fresh deposits, and the offer ends October 31, 2026. The catch is small but easy to miss: you have to enter the promo code STACK during signup — it cannot be added to your account later. If you already opened a Raisin account without the code, you can’t claim this bonus.
This is a deadline piece, so let’s start with the essentials: sign up with code STACK, initiate your first deposit by October 31, 2026 at 11:59 PM ET, get your full funding in within 14 days, and hold the balance for 90 days. Do that, and Raisin pays you a cash bonus scaled to your deposit, on top of interest at rates around 4.25% APY. Everything below — the tier math, the boost, the fine print — is built on Raisin’s current promotion terms, which you should double-check before moving money since Raisin can modify or end the offer at any time.
Quick note: this is not professional financial advice. Bonus terms change fast — always confirm the current terms on the official offer page before you deposit.
The bonus tiers, explained
The bonus is paid on your qualifying deposit — the amount you deposit and hold with Raisin’s partner banks for 90 days after your initial deposit date. Here’s what each tier pays:
| Qualifying deposit | Welcome bonus |
|---|---|
| $10,000 – $24,999 | $40 |
| $25,000 – $49,999 | $100 |
| $50,000 – $99,999 | $200 |
| $100,000 – $199,999 | $425 |
| $200,000 or more | $900 |
A few things to notice. First, the $10,000 minimum is the real entry bar — deposits under $10,000 still earn interest, but no bonus. Second, the bonus doesn’t compound with tier: $24,999 earns $40, while $25,000 earns $100. If you’re anywhere near a tier boundary, it’s worth topping up to cross it. Third, the bonus and the interest are both taxable income, reported to you on a 1099-INT.
There’s also the Savings + CD Boost, which stacks on top. If you open a second product in a different product category — say, a savings account plus a CD — and put at least $1,000 into the second category within 14 days of your initial deposit, keeping both balances over $1,000 through the 90 days, you earn an extra $10 to $100 depending on your tier. That takes the total to a flat $1,000 at the top tier ($900 + $100).
What each tier earns all-in: the tier ladder
Your money also earns interest while parked. Here’s the rough all-in math for the 90-day qualifying period at 4.25% APY, bonus plus interest combined (before tax):
- $10,000: $40 bonus + ~$105 interest ≈ $145 (≈1.45% back in 90 days)
- $25,000: $100 bonus + ~$262 interest ≈ $362
- $50,000: $200 bonus + ~$524 interest ≈ $724 ($774 with the Savings + CD Boost)
- $100,000: $425 bonus + ~$1,048 interest ≈ $1,473 ($1,548 with the boost)
- $200,000: $900 bonus + ~$2,096 interest ≈ $2,996 ($3,096 with the boost)
Two caveats keep this honest. The 4.25% APY is a 60-day rate lock for new users; after that it shifts to the standard variable rate (recently around 4.12%), so a full 90-day run at 4.25% isn’t guaranteed. And the interest numbers are rounded estimates, not promises — rates are variable. Still, at the top tiers this is one of the strongest no-direct-deposit bonus plays available this month. For the full mechanics, My Millennial Guide’s Raisin bonus review breaks down each tier the same way.
The 14-day funding window and the 90-day hold
The timing rules are where people lose the bonus. They work like this:
- Code STACK at signup. Not at funding, not in chat later. At signup.
- First deposit initiated by October 31, 2026, 11:59 PM ET. “Initiated” matters — ACH transfers take a couple of days to settle, so starting your transfer on the 31st is the move; starting your signup then is cutting it too close.
- Reach your full tier amount within 14 days of your initial deposit. You don’t have to move everything at once — you can make multiple deposits inside the 14-day window, and they all count toward your qualifying balance. After day 14, additional deposits don’t add to your bonus tier.
- Hold through 90 days from the initial deposit date. Here’s the trap: if your balance drops below your tier’s minimum at any point during the 90 days, you get downgraded to the tier matching the lowest balance you maintained. A $50,000 depositor who dips to $48,000 mid-period earns the $100 tier, not $200.
- Bonus lands within 30 days after you complete the terms, credited directly to your Raisin Cash Account.
New customers only, non-transferable, and it can’t be combined with other Raisin bonus offers.
How Raisin actually works: the marketplace model
Raisin isn’t a bank, and that’s the point of it. It’s a savings marketplace: one login that lets you open savings accounts and CDs at 40+ FDIC-insured banks and NCUA-insured credit unions, then move money between them without opening a new account each time.
Your FDIC insurance comes from the partner bank holding your deposit, not from Raisin — each partner institution covers you up to the standard $250,000 per depositor limit. Because you can spread one balance across many partners from a single dashboard, Raisin says total coverage can extend to as much as $10 million in aggregate. For most people the practical question is simpler: money under $250,000 at a single partner is insured the normal way, and larger balances can be split without paperwork at ten banks.
The trade-offs are real, too. There’s no checking account, no debit card, no branches, and no ATM access — this is a place to park savings, not run your daily spending. Transfers route through Raisin’s platform, so they’re not instant. And there’s a Cash Account involved in bonus crediting, which is worth knowing about before you see a line item you didn’t expect.
The freelancer angle: why this fits irregular income
Most bank bonuses want your direct deposit — steady, biweekly, employer-issued. Raisin’s STACK bonus asks for none of that. You fund it by ACH transfer from any bank account, on your own schedule, which makes it unusually friendly for freelancers and gig workers who get paid in lumps: a big client payout in late October, a Q4 contract milestone, an Etsy payout batch.
Two scenarios show why the structure matters:
The irregular-payout park. Land a $50,000 contract paid in one wire, and most high-yield accounts just pay you interest. Raisin pays you $200 (or $250 with the boost) for the same deposit, on top of the interest.
The large-balance insurance play. Holding well over $250,000 — common for creators sitting on a year of payouts before tax season — and the marketplace structure solves the insurance problem without opening accounts at a dozen banks yourself. Spreading $500,000 across partner banks from one login keeps you fully insured and still eligible for the bonus.
The ACH timing does matter for freelancers, though: big transfers can take 2–3 business days to clear, so back up your funding plan from the October 31 deadline accordingly. And remember the downgrade rule — if you need to pull money out mid-period for expenses, you’ll land in a lower tier. Only park money you won’t need for 90 days.
What can trip you up
- Forgetting the code. STACK at signup. The single most common failure mode for this bonus.
- Signing up on the deadline but funding late. The deadline is the first deposit initiation by 11:59 PM ET on October 31 — but the 14-day funding window starts from your initial deposit date, not from signup.
- Dipping below a tier. Any drop below your tier minimum during the 90-day hold downgrades you to the lowest balance you maintained.
- Taxes. The bonus is taxable interest income. At the higher tiers that’s a real number — plan for it.
- The offer can end early. Raisin reserves the right to modify or end the promotion at any time, so the October 31 date is the planned end, not a guarantee.
- Small balances don’t qualify. Under $10,000, you get the rate only — no bonus. If that’s you, a regular high-yield savings account like the ones in our gig-worker savings guide may be a better fit.
How this compares to October’s other bank bonuses
Our October bank-bonus roundup covers the month’s other big offers — Raisin is the standout pick for anyone who can’t or won’t move a direct deposit, since none of the bonus tiers require a paycheck to qualify.
Frequently Asked Questions
Is Raisin a real bank?
Raisin is a savings marketplace — a platform connecting you to 40+ FDIC-insured banks and NCUA-insured credit unions through one login. Your deposits are held at the partner institutions you choose, and those institutions provide the FDIC or NCUA insurance.
What is the current Raisin promo code?
STACK. Enter it during signup — it cannot be added retroactively. Your first deposit must be initiated between September 1 and October 31, 2026 (by 11:59 PM ET) to qualify for this bonus round.
How much is the Raisin STACK bonus?
From $40 on a $10,000 deposit up to $900 on $200,000 or more, with an optional Savings + CD Boost adding $10 to $100 for a second product category — for a maximum of $1,000 total. The bonus is paid as cash to your Raisin Cash Account within 30 days of completing the 90-day qualifying period.
Can I earn the bonus on a CD instead of savings?
Yes. The bonus is tied to the amount you deposit and hold, not the product — a CD deposit counts toward your tier. A standard CD locks your money for its full term, though, so weigh that against the flexibility of a savings account.
Is my money safe with Raisin?
Deposits are held at FDIC-insured banks and NCUA-insured credit unions, each covered to the standard $250,000 per depositor. Spreading your balance across multiple partner institutions can raise your total aggregate coverage to as much as $10 million, per Raisin.
What happens if I withdraw during the 90 days?
If your qualifying balance drops below your tier’s minimum at any point during the 90-day maintenance period, you’ll be moved to the bonus tier matching the lowest balance you maintained. In the worst case, dropping below $10,000 means no bonus at all. The bonus isn’t all-or-nothing by tier — it’s all-or-nothing per tier, so partial withdrawals cost you the difference between tiers.