This Overlooked Strategy Could Grow Your Savings Up to 10x Faster
Written by
Laura Bogart
Edited by
Nick Friedman
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Most people focus on the usual ways to grow their savings — cutting expenses, setting aside a little money each month and looking for any opportunity to earn spare cash.
But there’s a better way to accelerate your financial growth that many people overlook, and it could grow your savings up to 10 times faster. Best of all? There are no risky investments or complicated maneuvers involved.
A digital marketplace called Raisin lets you browse high-APY offers, including high-yield savings accounts, money markets and CDs, from over 70 banks and credit unions. Once you find the best option for your needs, you can manage and fund the accounts all in one place.
Many of the accounts offer rates significantly higher than the national average. For example, Raisin users recently received an exclusive offer for a savings account with a APY through Western Alliance Bank. That’s more than 10 times the national average APY on a savings account, which pays just 0.41% as of March 17, 2025, according to the FDIC.
Tired of watching your savings grow at a snail’s pace? Learn more about how you could ramp up your savings.
Easily Search for the Best Rates
If there’s one surefire way to pad your coffers, it’s finding a savings account with an interest rate that will make your heart — and your wallet — sing. The national average APY on a savings account is just 0.41% as of March 17, 2025, according to the FDIC, so you’ll need to search aggressively for a better rate. Using Raisin makes that search much easier.
With your free Raisin account, you can view top offers from more than 70 banks and credit unions, including offers that are exclusive to Raisin users. That’s right: With Raisin, you could score an APY not available to the general public, even if you’re not a member of that banking institution.
You can also get updates with new offers, banking products, rates and even tips about how to save smarter directly to your email inbox. For over a decade, Raisin has helped more than a million customers worldwide take advantage of higher savings account rates.
Fund Multiple Accounts at Once
Using Raisin is as secure as it is simple. Instead of having to create accounts with multiple banks or credit unions, remembering (and, let’s be honest, likely forgetting) a plethora of passwords and login information, you only need one log-in and one password for your Raisin account. Whew.
You can not only view and select multiple accounts on one platform, but Raisin also lets you shop for and fund HYSAs, money markets and CDs. There are no fees to use the platform, and you only need to make a minimum deposit of $1 to get started. Even the smallest investments add up. To date, Raisin customers have earned over $2 billion in interest.
Raisin takes your money as seriously as you do, which is why every single transaction is protected with cybersecurity features.
Check in on Your Savings at Any Point
On the go? No problem. Raisin is also available as a free mobile app that puts your account in the palm of your hand. View your earnings, adjust your portfolio, add new products and transfer funds in an instant.
You can also rest assured that the app comes with the same robust security measures you trust to keep your data private. Just go to the iOS App Store if you’re an Apple user, or hop onto Google Play if you have an Android.
Bottom Line
Ready to grow your savings? Taking your financial goals to the next level is much easier than you think. Get started here to open an account with Raisin and earn as much as APY on your savings.
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