Updated October 21, 2026 · SumCue Editorial Team
Plum vs Raisin
Plum
Higher score in this comparison
Raisin
What sets them apart
| Compare | PlumReviewSee alternativesSee alternatives | RaisinReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £2Lower | £100 |
| Regulators | Financial Conduct Authority | Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Account types | ISA, SIPP, LisaCovers more | ISA |
| Stock trade fee | £0 | Not confirmed |
| Markets | Stocks, ETFs, Funds | Not confirmed |
| Platforms | Mobile app | Not confirmed |
Same on both: Account fee (£0).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Plum scores higher overall: 8.9 vs 8.8.
- Regulators: only Plum offers Financial Conduct Authority.
- Regulators: only Raisin offers Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76).
- Founded is lower at Raisin: 2012 vs 2016.
- Raisin is available in 9 more countries.
- Minimum deposit is lower at Plum: £2 vs £100.
- Account types: only Plum offers SIPP, Lisa.
- Support channels: only Raisin offers Phone.
- Pricing model: only Plum offers Commission free.
- Pricing model: only Raisin offers No monthly fee.
Our verdict on each
Plum
Plum suits beginners in the UK who want to start small and pay nothing to deal, with a minimum deposit of £2. The trade-off is a short market list, confined to stocks, etfs and funds, and an overall score of 6.5 that leaves the case resting on price rather than choice.
Raisin
Raisin is a savings marketplace with an easy-access account, an ISA and no monthly charge, so it suits UK savers who want one place to hold cash. Its headline rate of 4.15% sits above the 3% median across the site, and the minimum deposit starts at £100.
Score breakdown
| Area | Plum | Raisin |
|---|---|---|
| Cost | 9.3HigherCosts are the strongest suit: account fee £0, stock trade fee £0, management fee 0.15% to 0.6%. | 8.8Account fee and monthly fee are £0 and £0, and the headline rate of 4.15% sits above the site median of 3%. |
| Offer | 8.9 | 8.9 |
| Trust | 8.5 | 8.7Higher |
How they place
| Ranking | Plum | Raisin |
|---|---|---|
| Savings | 563 of 1492 | 641 of 1492 |
| Savings accounts | 372 of 658 | 425 of 658 |
| Investing | 243 of 654 | 280 of 654 |
| Robo-advisors | 68 of 154 | 85 of 154 |
| Stocks and shares ISAs | 9 of 25 | 12 of 25 |
What each covers
| Account types | Plum | Raisin |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Lisa | Yes | No |
Also worth a look
Hargreaves Lansdown has minimum deposit at £0, against £2 for Plum and £100 for Raisin.
Hargreaves Lansdown reviewSources behind this comparison
Plum
- withplum.com: 10 facts, checked September 26, 2026
- finextra.com: 3 facts, checked September 26, 2026
- find-and-update.company-information.service.gov.uk: 2 facts, checked September 26, 2026
Raisin
- raisin.com: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | Plum | Raisin |
|---|---|---|
| Features | Fractional shares, Mobile app | Not confirmed |
| Pricing model | Commission free | No monthly fee |
| Audience | Beginners | Not confirmed |
| Legal entity | Plum Fintech Limited | Raisin SE |
| Headquarters | United Kingdom | Germany |
| Founded | 2016 | 2012Lower |
| Support channels | Email, Help centre | Phone, Email, Help centreCovers more |
Savings
| Fact | Plum | Raisin |
|---|---|---|
| Headline rate | 3.05% to 3.65% | 4.15%Higher |
| Rate type | Variable | Variable |
| Deposit protection | FSCS up to GBP 85,000 | FSCS up to GBP 85,000 |
| Access terms | Same day access, no lock-in, no notice period | Easy access savings account on the Raisin UK marketplace: top up and withdraw at your convenience, no fixed term |
| Monthly fee | £0 | £0 |
| Account kind | Easy access | Easy access |
Robo-advisors
| Fact | Plum | Raisin |
|---|---|---|
| Management fee | 0.15% to 0.6% | 0%Lower |
| Minimum investment | £1 | $1 |
| Portfolio types | ETF, CashCovers more | Cash |
Where each stands against the rest
| Fact | Plum | Raisin | Median |
|---|---|---|---|
| Minimum deposit | £2below the median | £100above the median | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | £0at the median | £0 |
Median across 24 listed providers.
Pros and cons
Plum
Pros
- Fractional shares are offered, so £2 is enough to hold a slice of a company rather than whole shares.
- Eligible money is covered by the protection scheme, with the ceiling given as FSCS up to GBP 85,000.
- The account types cover isa, sipp and lisa, so investing, retirement saving and a home deposit pot sit with the same provider.
Cons
- Markets stop at stocks, etfs and funds, so there is no dealing in listed bonds, overseas currency or crypto through the account.
- Help runs on email and help centre only, so a stuck withdrawal or transfer has no phone route.
- Managed portfolios charge 0.15% to 0.6%, which takes a slice from every pot you hand over.
Raisin
Pros
- The account fee and monthly fee are £0 and £0, so holding cash costs nothing
- The headline rate of 4.15% is above the site median of 3%
- The account is easy access, so you can top up and withdraw with no fixed term
Cons
- Protection on investments is EU ICS up to EUR 20,000, well below the FSCS up to GBP 85,000 that covers savings
- The rate is variable, so the headline figure can move
- The minimum deposit of £100 is above the €0.88 median across the site
Who each suits
Plum
Who it suits
- Beginners in the UK who want to begin with £2 and see share dealing in plain terms.
- Investors building an ISA or pension habit on a phone, since access runs through Mobile app.
- Anyone happy with a market list of stocks, etfs and funds for a starter portfolio.
Who should look elsewhere
- eToro is the place to check if the market list here, stocks, etfs and funds, is too tight for what you want to trade.
- bunq if you are starting from a €10 minimum rather than buying shares.
- cfi if you want no minimum deposit, since its floor is $0 against £2 here.
Raisin
Who it suits
- UK savers who want a variable rate and no monthly charge
- Anyone holding an ISA who values easy access over a fixed term
- Savers comfortable choosing a marketplace rather than a single bank's savings account
Who should look elsewhere
- Vantage or eToro readers who want to pick and trade investments rather than hold savings
- Vivid Plus readers who want a multi-currency account with a card
- Anyone whose balance sits above the protection on investments
Current offers
Raisin
Current offer
Bonus
Earn up to $1,000 cash bonus: up to $1,000
New customers only, qualifying balances, code STACK
Source, checked September 26, 2026
Country by country
| Country | Plum | Raisin |
|---|---|---|
| Austria | No | Yes |
| Finland | No | Yes |
| France | No | Yes |
| Germany | No | Yes |
| Ireland | No | Yes |
| Netherlands | No | Yes |
| Poland | No | Yes |
| Spain | No | Yes |
8 of 10 countries where either is available.
Questions about each
Plum
What does it cost to trade and hold with Plum?+
Dealing is commission-free and the stock trade fee is listed as £0. The account fee is £0 and the monthly subscription is £0, so holding an account costs nothing. Managed portfolios are the exception, charging 0.15% to 0.6% on the money you put into them. That covers the charging picture on the investment side.
Is my money protected if something goes wrong?+
Eligible investments sit under the protection scheme, and the stated ceiling is given as FSCS up to GBP 85,000. Cash held in the app is listed the same way under FSCS up to GBP 85,000. The figure is a limit rather than a promise of returns, and it applies to eligible money rather than to every balance on the account. Read the terms for the eligibility conditions before you rely on it.
Raisin
What rate does Raisin pay on its easy-access savings account?+
The easy-access account pays a variable rate of 4.15%. Because the rate type is variable, that figure can change, so the headline number is a starting point rather than a promise. The account carries no fixed term.
Is there any monthly or account fee at Raisin?+
No. The account fee is £0 and the monthly fee is £0, so there is no monthly charge on the easy-access account. The account kind is easy access, which suits a no monthly fee model.
Other options to compare
Other matchups
Plum
Raisin