Savings Plan
Savings Plan makes it easier than ever to top up your easy access accounts, by making one-off or regular payments from your Nominated Account
Whether you get paid at the start, middle or end of the month, putting away some money into a flexible savings account on your payday means that saving becomes a habit, and you can go into the month ahead with a clear view of what you have left to spend. With Savings Plan, we make it easy to do just that. Here’s how it works:
1. Choose your account
You’ll need to have an easy access account offered by one of our partner banks open on the Raisin UK marketplace. Then, log in to your Raisin UK Account, find the savings account you would like to top up ('My savings' > 'Easy access account'), then click on '+ Top up'
2. Select your payment amount
Choose whether you’d like to set up a one-off or recurring payment into your easy access account, set the top-up amount (check your product information sheet for the minimum deposit amount), and make a note of (or copy) the payment reference.
3. Set up your standing order
Log in to your Nominated Account’s online banking, and create a standing order to automate payments into your Transaction Account, using the payment reference. This is important, as without the payment reference the money can’t be added to your easy access account.
4. Sit back - we’ll do the rest!
We’ll automatically transfer your top-up into your easy access savings account once it has arrived in your Transaction Account. If you forgot to select the payment reference, the money will stay in your Transaction Account.