Win £5,000 with Raisin UK

With one tax year ending and another beginning, it’s time to shine a spotlight on your savings.

Whether you’ve maxed out your ISA allowance or you’re looking for an ISA alternative, Raisin UK helps you make the most of your money with high interest savings accounts from over 40 partner banks and building societies.

That’s not all, though. Until 4th April 2025, every customer who deposits £20,000 or more of new funds into a fixed term bond of one year or longer will automatically be eligible to win £5,000*.

*UK residents ages 18+ with a UK Raisin account. Entries open 00:01 GMT on 11th March 2025 until 23:59 BST on 4th April 2025. For your chance to win, invest £20,000 or more in new funds from your Raisin Nominated Account into a fixed term Raisin Savings Account(s) of 1 year or longer via the Raisin UK platform during the promotion period. Investment of funds held by customers from existing savings accounts or to the credit of the customer’s Transaction Account at the start of the promotion period do not qualify. Ten winners will be selected at random and will win £5,000 which will be paid into the winners' UK Raisin Transaction Account. Maximum of 1 entry per customer. No purchase necessary. Full T&Cs can be found at the end of this page. Promoter: Raisin Platforms Limited.

Simply open a fixed rate bond with a term of one year or more on Raisin UK with a deposit of at least £20,000 before 4th April 2025 to automatically enter our prize draw. We’ll select ten lucky winners at random, all of whom will receive £5,000 into their Raisin UK Transaction Account.

Here are a selection of the fixed rate bonds we have on offer right now:

ISAs are one of the UK’s most popular savings products owing to their tax advantages. They aren’t the only way to save money, though. In fact, other options like fixed rate bonds can potentially offer higher returns.

Open a savings account with Raisin UK and invest £20,000 or more for your chance to win £5K!

These are the terms and conditions ("Terms and Conditions") that apply to the Raisin UK Spring 2025 prize draw (the "Prize Draw"). By entering the Prize Draw, entrants agree to be bound by these Terms and Conditions. Promotional materials relating to the Prize Draw, including all information on how to enter the Prize Draw, also form part of these Terms and Conditions. In the event of any conflict between any terms referred to in such promotion materials and these Terms and Conditions, these Terms and Conditions take precedence.

1. The Promoter

a. Raisin Platforms Limited (“Raisin UK”) of 12-16 Cobden House, Manchester M2 3AQ is the “Promoter” of the Prize Draw.

b. The Prize Draw is run and promoted solely by Raisin UK.

2. Definitions

Nominated Account, Savings Account and Transaction Account are as defined in the Raisin UK Terms and Conditions.

3. Prize Draw

a. The Raisin UK Spring 2025 prize draw gives eligible Raisin UK customers the chance to win £5,000.

b. The Prize Draw opens at 00:01 GMT/BST on 11th March 2025 and closes at 23:59 GMT/BST on 4th April 2025 (“Qualifying Period”).

4. Eligibility

a. The Prize Draw is only open to Raisin UK customers who are registered at the start of or during the Qualifying Period and who are legally resident in the United Kingdom and aged 18 years and over.

b. Employees and agents of the Promoter or its connected parties and and anyone involved in setting up or running or otherwise connected with the operation or fulfilment of the Prize Draw are not eligible to enter.

c. The Promoter may require you to provide proof that you are eligible to enter and/or win the Prize Draw and shall have the sole decision on whether the eligibility requirements have or have not been met. If any winner is found to be ineligible, the Promoter reserves the right to award their prize to another eligible entrant in accordance with these Terms and Conditions and to require the return of any Prize already awarded.

d. Raisin UK customers are under no obligation to participate in the Prize Draw or accept one of the Prizes. There is no penalty for not meeting the eligibility criteria, other than not being eligible to enter the Prize Draw and/or win a Prize.

5. How to Enter

a. Entry is automatic for all Raisin UK customers that place an order to invest the sum of £20,000 or more in new funds from their Nominated Account into fixed term Savings Account(s) of 1 year or longer via the Raisin UK platform on our website or app during the Qualifying Period, such funds to be transferred and invested within 7 days of the end of the Qualifying Period (“ Closing Date”) (with no cooling off period rights exercised) and invested funds not maturing or being returned to the customer prior to 10th March 2026. Investment of funds held by customers either (i) from existing Savings Accounts or (ii) to the credit of the customer’s Transaction Account at the start of the Qualifying Period do not qualify for entry.

b. The savings investments required for entry must be received in accordance with clause (a) above in order for a customer to be entered into the Prize Draw. Any savings investments received after the end of the Qualifying Period will not qualify.

c. You will not receive confirmation that you have been entered into the Prize Draw. If you meet the eligibility and entry criteria referred to in these Terms and Conditions then you will automatically be entered into the Prize Draw.

c. There is a limit of 1 entry into the Prize Draw per customer. If you invest multiple times during the Qualifying Period or into multiple Savings Accounts, you are only eligible for one entry into the Prize Draw.

d. There is no purchase or entry fee to enter the Prize Draw.

e. You can opt out of the Prize Draw at any time by contacting our Customer Success team by emailing support on service@raisin.co.uk with the subject line “Competition opt out” and including your full name. You acknowledge that if you opt out, you will no longer be eligible for entry into the Prize Draw and cannot subsequently choose to opt in.

6. Prizes

There will be 10 prizes, each consisting of £5000 (the “Prize(s)”).

7. Winner selection, notification and delivery of Prizes

a. The ten Prize winners will be selected at random from all eligible entries on the 28th April 2025.

b. Each Prize winner will be notified by the Promoter or an agent acting on behalf of the Promoter via email or phone (using the email address or phone number we hold on our Raisin UK systems) within five (5) working days following the selection of the winners.

c. If the Promoter is unable to contact a Prize winner, via email or phone, or if no response is received within ten (10) working days of the initial communication email being sent, then the Prize winner will be deemed to have forfeited the Prize and the Promoter will select an alternative Winner from all other eligible entries to the Prize Draw, at random using trusted third party prize selection software.

d. Payment of the Prize will be made into the winners’ Transaction Accounts by 31 May 2025.

e. Winners are responsible for ensuring that their personal details on their UK Raisin account are correct and up to date.

8. General

a. The Promoter’s decision in respect of the Prize Draw is final and binding in all respects on all entrants and no correspondence or discussion will be entered into.

b. If the Promoter has grounds to suspect any entrant or third party of cheating, deception or fraudulent conduct of any kind (including, without limitation, manipulating the Prize Draw or any entry) or if the Promoter believes the Prize Draw is being abused in any way, the Promoter reserves the right (in its sole discretion) to disqualify any entrant, entry or person it reasonably believes to be responsible for, or associated with, such activity and/or refuse to pay any Prize.

c. Each Prize is not negotiable or transferable and may not be claimed by a third party on any winner’s behalf. A Prize is only payable into a winner's personal UK Raisin Transaction Account.

d. In accepting a Prize, the winners agree to take part in any promotional activities reasonably required by the Promoter relating to the Prize Draw which may include voice, image and name for publicity purposes (in any media, print or online, including any websites, social media sites or third party retailer websites) and in advertising, marketing or promotional material (whether or not related to the Prize Draw) free of charge without additional compensation or prior notice and hereby permit their name and county location to be used in any promotional activities reasonably required by the Promoter. The Promoter may also disclose the Winners' surnames and county locations to entrants and the public on request by sending an email to the Promoter at [service@raisin.co.uk] no later than one month after the end of the Qualifying Period. If any winner objects to their surname and county location being published or made available for these purposes, please contact the Promoter at media@raisin.co.uk. If you object, the Promoter will only refer to you by reference to the first initial of your surname and your county location in any promotional activities and, in such circumstances, the Promoter must still provide that information to the Advertising Standards Authority on request.

e. Please keep a copy of these Terms and Conditions for future reference. These Terms and Conditions can be accessed on the Raisin UK website at: https://www.raisin.co.uk/win-5000-with-raisin-uk/

9. Liability

a. Any Prizes won as part of the Prize Draw are paid without being taxed. Winners will be personally responsible for any national and/or local tax notifications and liabilities incurred in claiming or using their Prize and the Promoter will not be responsible or accountable for any winner's tax liability arising from the Prize Draw. The Promoter is not able to provide tax advice so if you have questions about your tax status please seek independent tax advice.

b. Unsuccessful customers will have no claim or action whatsoever against the Promoter or its

employees as a result of participating in the Prize Draw.

c. The Promoter does not accept any responsibility whatsoever for any technical failure, regardless of cause, including, for example, equipment failure, network, server, computer hardware or software failure of any kind; which may restrict, delay or prevent the transmission or receipt of your entry or which may be regarded as spam or junk mail.

d. Insofar as is permitted by law, the Promoter will not in any circumstances be responsible

or liable to compensate the winners or accept any liability for any loss, damage, personal injury or death occurring as a result of taking up or being refused a Prize. Your statutory rights are not affected.

e. The Promoter reserves the right to (i) amend these Terms and Conditions; or (ii) suspend or cancel the Prize Draw (or any part of any of it), without notice at any time if required by law or due to reasons beyond the Promoter’s reasonable control (including suspected or actual fraudulent or misleading practices or other breaches of these Terms and Conditions) that could corrupt or affect the administration, security, impartiality or normal course of the Prize Draw.

f. The laws of England and Wales apply to these Terms and Conditions and you can bring legal proceedings in respect of these Terms and Conditions in the courts of England and Wales. However, consumers who live in another part of the UK can bring legal proceedings in either the English courts or their local courts.

10. Personal Information

a. Any personal information entrants provide will be processed by the Promoter and used to run the Prize Draw and to administer the fulfilment of Prizes. Personal data may be stored and processed in the United Kingdom or overseas by the Promoter or other parties on the Promoter’s behalf for the purpose of administering the Prize Draw. More information on how we collect, use and share personal information, individuals’ data privacy rights and how these can be exercised can be found in our Privacy Notice, which is available to view at https://www.raisin.co.uk/privacy-policy/.

b. Raisin Platforms Limited is authorised and regulated by the Financial Conduct Authority FRN:978619 and 813894.