Savvy savers are increasingly turning to ‘savings platforms’ in order to manage their funds by offering them easy access to multiple accounts from multiple banks. Also known as ‘savings marketplaces’ or ‘cash platforms’, these platforms make investing your money much easier. Customers need only fill out one application process with the platform itself and can then set up various accounts from a range of banks and building societies without having to contact those individual providers each time.
One such savings platform is Raisin UK, which was established over 10 years ago and now serves over 1.5 million international customers. Raisin offers a range of benefits to its UK customers but, before we look at these in more detail, let’s run through some of the advantages of savings platforms…
