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Has Anyone Used Raisin For Cd Purchases

Ratesaver
  |     |   187 posts since 2013

Raisin is a company that purchases cds for you at better rates . I check in out but it does not seem to be beneficiol to me

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Answers
Rickny
  |     |   1,296 posts since 2017
One interesting fact is that the 1099 from Raisin was from Lewis and Clark bank and not the Bank that the 2 CDs are deposited at. Sallie Mae bank.
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hiyield
  |     |   41 posts since 2017
The same for me
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Rickny
  |     |   1,296 posts since 2017
I have 2 CDs with them and no problems. They are both maturing next month and I plan on closing them.. In the past, they had some great rates. I don't find their rates so great anymore. I got bonuses for opening these CDs. Since they are no longer leaders,I would look elsewhere.
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darkdreamer4u
  |     |   344 posts since 2010
Agreed - look elsewhere for better rates. Still keeping my account though.
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chill08
  |     |   96 posts since 2022
I have one CD with them, matures this weekend and I plan to close and move elsewhere. When I opened it, I got cold feet but couldn't cancel. Ended up being problem free.
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hiyield
  |     |   41 posts since 2017
I have a couple CDs maturing in three months and hopefully it will be a good experience. To keep me as a customer I would be comfortable to have each month a statement from the backend bank. I had it with CD Online Bank.
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hiyield
  |     |   41 posts since 2017
Also, it would be great to reverse a trend from receiving an email with a link to login to my own account to see a statement to actually receiving an email with the statement just to have my own records.
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