Cash Account
Your Cash Account is a hub for transactions to, from, and within the Raisin platform. This feature was added in response to numerous customer requests to make it quicker to move funds between savings products on Raisin. For complete details, please click here.
External account
This is the account at your personal bank or credit union outside of the Raisin platform. This account can serve as the source for deposits to products on the Raisin platform. It is also the source for transfers in and the destination for transfers out from your Cash Account.
Savings products
This is any deposit account you open via the Raisin platform with any of our partner banks and credit unions. These can include high-yield savings accounts, money market deposit accounts, certificates of deposit, and no-penalty CDs.