Raisin is a fintech company that partners with banks to offer high interest rates. They also run deposit promotions where they will give you a cash bonus for large deposits as long as you keep them there for 90+ days.
Right now, there’s an offer with Everbank where you can lock in a 4.10% APY interest rate for 90 days.
💵 For a limited time, you can get a competitively high interest rate plus a massive deposit bonus that supercharges your effective annualized APY to ~7% for 3 months.
Table of Contents
- Raisin Bonus Effective APY Calculator
- Raisin Bonus Effective APY Calculator
- Raisin Bonus Terms
- Everbank High Yield Savings Offer
- How You Get Effective Annualized ~7% APY
Raisin Bonus Effective APY Calculator
I explain it in detail below, but if you don’t care and just want to know how much you can earn, use this calculator:
Raisin Bonus Effective APY Calculator
Enter your deposit amount to estimate your 90-day interest, Raisin bonus, and effective annualized APY.
Deposit Amount
$
Calculate My Effective APY
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Raisin Bonus Terms
The Raisin bonus terms are simple. Open a new account with Raisin using promotion code FRESHSTART before 4/30/2026.
Then, deposit at least $10,000 within 14 days. The bonus, which is up to $1,500, depends on your bonus amount.
Here is the schedule:
DepositCash 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
As long as you keep the cash in there for 90+ days, the bonus is yours.
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Everbank High Yield Savings Offer
The Everbank offer is even simpler – you get a 4.10% APY rate lock for 90 days. Nothing else to do other than deposit your funds there:
How You Get Effective Annualized ~7% APY
Effective APY ≈ (90-day interest + bonus) ÷ deposit × 365/90
Here’s the calculations for each tier:
Deposit90-Day Interest @ 4.10% APYRaisin
BonusTotal
InterestEffective Annualized APY$10,000$101$70$1716.94%$25,000$253$175$4286.94%$50,000$506$350$8566.94%$100,000$1,011$750$1,7617.14%$200,000$2,022$1,500$3,5227.14%
The best tiers for this are the $100k and $200k, because the bonus is a higher percentage of the deposit, but all tiers are pretty close.
Also remember that if you deposit more than what you need to get a bonus (so if you deposit $51,000 instead of the required $50,000), it will lower your effective annualized APY.
The best part is that you get the bonus after 90 days, it’s not like regular bank interest that drips out all year.
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