Put your cash savings to work across Europe's banks
Through our partnership with Raisin, you can open fixed-term and easy-access savings accounts with banks across the EU, all from one free online account. No platform fees, no currency conversion, everything in euro.
- €100,000deposit protection per depositor, per bank
- €0platform or account fees
- One loginfor every account you open
How much could your savings earn?
Choose the type of account, enter an amount and the rate you see on Raisin. We'll show the interest before and after Irish tax.
This is an illustration only. Enter the rate shown for the account you're considering; live rates change regularly.
Assumes interest compounds annually at the AER and the rate stays the same for the period. Easy-access rates are variable and can change at any time.
Two ways to save
Fixed-term deposits
You agree a term, from a few months to several years, and the rate is fixed for that whole period.
- Best for
- Money with a known date attached, where certainty of return matters more than access
- Trade-off
- Your money is locked away until the term ends; early withdrawal generally isn't possible
Easy-access (demand) deposits
Add or withdraw money whenever you like, without penalty.
- Best for
- Your emergency fund, and cash you may need at short notice
- Trade-off
- The rate is variable and can go down as well as up
Opening your account
Registration happens on Raisin's secure site, where Raisin verifies your identity, so have these ready:
Register through our link
Use the button on this page so your account is set up with Agile Finance as your adviser.
Verify your identity
Complete Raisin's short online video identity check and upload proof of address.
Receive your Raisin IBAN
Once approved, you'll get a dedicated account to transfer money into from your own current account.
Choose your savings accounts
Pick one or several accounts from Raisin's partner banks and manage them all from one dashboard or the Raisin app.
What you'll need
- A valid photo ID (Raisin may require a passport)
- Proof of address dated within the last 3 months, such as a utility bill, bank statement, or letter from Revenue or the Department of Social Protection
- Your PPS number
- A current account in your name with an Irish or other EEA bank
Is my money protected?
Deposits with Raisin's partner banks are protected up to €100,000 per depositor, per bank, under the national deposit guarantee scheme of the country where each bank is based. All EU schemes follow the same minimum standard.
Because protection applies per bank, spreading larger sums across several partner banks can keep each amount within the limit.
How is the interest taxed?
Raisin's partner banks are based outside Ireland, so Irish DIRT is not deducted at source. If you're Irish tax resident you must declare the interest on your tax return, where it's currently taxed at 33% when your return is filed on time.
Even if you're a PAYE employee, foreign deposit interest is declared on a Form 11 return. Raisin provides yearly statements with the figures you need. Some partner banks deduct local withholding tax; Ireland's double taxation agreements mean you shouldn't be taxed twice, and Raisin supplies the reclaim forms.
Questions people ask
Does it cost anything to use Raisin?
No. Opening and managing a Raisin account and its savings accounts is free.
How is Agile Finance paid?
Raisin pays Agile Finance a fee when clients open and fund accounts through our link. This costs you nothing and does not affect the interest rate you receive. Details are in our remuneration information.
Are you advising me on which account to choose?
No. This page is a referral to the Raisin platform and you choose your own accounts. If you'd like advice on how much to keep in cash versus investing, or how savings fit with your pension and wider plan, we're happy to help through a financial planning review.
Can my partner and I open a joint account?
Raisin offers individual accounts only. You can each open your own, which also means each of you has up to €100,000 of deposit protection per bank.
Is there a minimum deposit?
Minimums are set by each partner bank and are shown with each account on Raisin. Many start from very low amounts.
Can I take money out of a fixed-term deposit early?
Generally no. Fixed-term deposits are binding until the end of the term, so only fix money you won't need. Easy-access accounts are there for funds you may need sooner.
How long does it take to open an account?
Registration itself is quick. Your account is approved once Raisin has verified your documents.
Does Agile Finance hold my money?
No. Your money moves directly between your own current account, your Raisin account and the partner banks. We never accept or hold client funds.
Ready to earn more on your savings?
Open your free account in minutes, or talk to Liam first about how much to keep in cash.
Important information
IGM Finance Limited t/a Agile Finance provides an optional referral service to the Raisin platform, free of charge to you. Agile Finance does not provide advice or a recommendation on the type or suitability of any deposit product through this service, and does not accept, hold or transmit client funds.
Savings accounts are provided by Raisin's partner banks. Raisin Bank AG, trading as Raisin, is authorised by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) in Germany and regulated by the Central Bank of Ireland for conduct of business rules.
AER (Annual Equivalent Rate) shows what the interest would be if it were paid and compounded once a year. Figures on this page are illustrative only and are not a forecast of returns from any specific product. Rates are set by the partner banks and may change. Tax treatment depends on your individual circumstances and may change in future.