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£100 cashback offer at savings account as Money Saving Expert explains how to claim

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dailyrecord.co.uk

It can seem impossible to get the best deal available on your savings with all the different accounts out there. Luckily, finance experts have shared some of the best options for your money - including a savings platform that is currently offering £100 cash for joining.Money Saving Expert, the money advice website launched by Martin Lewis, revealed that savings platform Raisin currently has a £100 cashback offer that will run until September 30.

Under this offer you can also gain a savings account with interest rates of up to 5.16 percent.A savings platform can offer accounts from various partnered banks, rather than directly dealing with a bank or building society, with various accounts eligible for the cashback scheme.

But it is important to note that to qualify for the £100 you have to be able to deposit a sizable amount.Money Saving Expert said: "Newbies to Raisin who save £10,000 plus for at least six months can get £100 cashback." To sign up, you will need to register with Raisin and enter the code OFFER100 in the promo code box (it's the very last field before you create your account) by 11.59am on 30 September.

According to Money Saving Expert, you will then need to open a new savings account and fund it with at least £10,000 by 11.59pm on 15 October. "Qualifying accounts include easy-access accounts, notice accounts and fixed accounts with a length of six months or longer," the site said.You will also need to keep that £10,000 or more saved there for at least six months.

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