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Raisin Spain review

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

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.

Our verdict

Raisin Spain suits savers in Spain who want flexible access with money that stays available and a variable rate that can move. The headline rate sits at 3.1% with a minimum deposit of €1 and monthly fee of €0, which keeps starting small and holding cash simple for you.

Key facts

Best for
Flexible savers in Spain seeking available cash with low entry.
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

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Google Play
Elsewhere
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Pros and cons

Pros

  • Headline rate of 3.1% with rate type variable keeps returns visible for flexible cash.
  • Minimum deposit of €1 keeps entry light next to many fixed offers.
  • Monthly fee of €0 with model no monthly fee means no standing charge eats the balance.
  • Cover at EU DGS up to EUR 100,000 gives a clear safety net, unlike some cash options with weaker cover.
  • Support through email, phone and help centre gives phone plus written help, which suits savers who value direct contact.

Cons

  • Variable terms linked to variable mean the return can move lower or higher while you hold the balance.
  • Support runs on email, phone and help centre only, so readers who prefer chat or branch help face limits.
  • Starting point still asks for €1, so truly empty starts are less direct than free entry rivals.
Raisin Spain

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Scored 8.9 / 10 by SumCue.

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Who it suits

  • Savers who want flexible cash with a low entry of €1 may prefer Raisin Spain over ActivTrades, where focus leans more toward trading balances.
  • Savers who want phone help via email, phone and help centre may prefer Raisin Spain over XTB if direct voice support matters alongside rate.
  • Savers who value scheme cover at EU DGS up to EUR 100,000 may prefer Raisin Spain over eToro for cash held with partner banks.

Who should look elsewhere

  • Readers chasing the highest quoted figure may prefer XTB, since its headline rate of 4% sits above the Raisin Spain quote of 3.1%.
  • Readers who want balance interest inside a trading account may prefer eToro, where the headline rate of 3.8% comes with a different product setup.

Where it sits among rivals

Raisin Spain sits mid field on headline return across the savings set tracked here. It ranks at 167 among 353 brands on headline rate, which places it away from the very highest quotes yet comfortably inside the main group of variable offers. On entry point, it ranks at 177 among 310 brands on minimum deposit, which shows that starting remains light even if some rivals allow an even smaller start. For you, the picture is balance rather than extremes. You do not get the peak quote in the sample, but you also avoid heavy entry hurdles. That middle ground matters when you compare flexible cash across many names, since small gaps in rank often mean wider gaps in terms, access or cover. Use the rank as context, then weigh how access, safety and the operator fit your plans for cash you may need at short notice.

Access to your money

Raisin Spain is built for money you may need soon, with cash kept on hand and ready to move. You can call funds back when plans change, which suits emergency reserves, short term goals, or cash waiting for a larger decision. The payout follows a variable structure, linked to rate type variable, so the figure can rise or fall while your balance stays in place. That setup gives you freedom on timing but less certainty on future returns, since partner banks may adjust terms in line with market moves. For you, the choice is clear. If you value being able to withdraw at any moment over locking a fixed figure, this shape fits. If you want a set return for a set period, a fixed offer may suit more, even if it limits access during the term.

Safety of your money

Cash held through Raisin Spain sits under cover at EU DGS up to EUR 100,000, which defines the safety net for eligible balances held with partner banks. That cover applies within the stated European deposit scheme and sets a clear ceiling for protection per depositor and bank. Oversight in Spain links to Banco de España, and the Spanish licence is shown as 1561. For you, that means there is a named regulator and a stated licence to check alongside the protection ceiling. It helps to keep deposits within the covered level and to spread larger sums where needed. Safety here rests on scheme cover plus regulated status, rather than on promises alone. Read the account notes to confirm which partner bank holds your funds at any time and how the scheme applies.

Who runs it

The Spanish offer is operated by Raisin SE, with home base recorded as DE and origins dating to 2012. That history places the account inside a European savings platform that works with partner banks, rather than a standalone high street branch network. The Spanish licence is shown as 1561, which ties the local activity to formal permission and public records. For day to day help, support runs through email, phone and help centre, so you can reach the team by written route or by phone and browse help centre guides for common tasks. That mix suits savers who are comfortable managing cash online yet still want voice support when questions arise. When you review the brand, match the legal name and licence detail against your documents, then save the support routes you prefer for payments, access and rate queries.

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 rate does Raisin Spain pay on the welcome balance?+

The headline rate sits at 3.1% and the rate type is variable. That means the figure can change over time, so you should check the current quote before you move funds and keep an eye on updates while you save.

How much do you need to open and start saving?+

You can start with €1, which keeps entry light for small savers. There is no need to commit a large lump sum to open the position, and you can add funds in line with the terms shown in your account.

Are there fees to keep the savings account?+

Day to day holding carries a monthly fee of €0 and the model includes no monthly fee. That structure means you do not pay a standing charge to keep the account open, though partner bank terms still apply to the balance.

Is money protected if a partner bank fails?+

Balances carry cover at EU DGS up to EUR 100,000, which sets the safety net for eligible deposits. Protection applies per depositor and bank under the stated scheme, so you should keep larger holdings spread to stay within limits.

Who regulates Raisin Spain?+

Activity in Spain links to Banco de España with licence 1561. That registration signals oversight for the Spanish operation, and you can note the licence detail when you review documents or contact support for clarity.

How can you get help with your account?+

Help is available through email, phone and help centre, giving you written and voice routes plus self serve guides. You can send documents by mail route, call for account queries, and browse help centre notes for access, payments and rate questions.

Which company operates Raisin Spain?+

The legal operator is Raisin SE with home base in DE and roots dating to 2012. That background places the Spanish offer inside a longer running European savings platform, with local licence detail shown for the Spanish market.

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 available cash with low entry.

8.9/10See alternatives