If you’ve yet to fund a savings account, you can either withdraw your application through your Raisin UK Account or wait until the funding window detailed in the account details elapses.
To withdraw your savings account application, please log into your Raisin UK Account and click ‘My Raisin UK Account’, then click on ‘Fixed rate bonds’ or ‘Easy access savings accounts’, depending on which one you want to withdraw. Find the application that you want to withdraw and click ‘Details’. On the row that says ‘Early termination/Availability’, click ‘Withdraw application’. You’ll be shown a message explaining the withdrawal process, as well as which savings account application you are asking to withdraw. Please check that this is the right savings account application that you want to withdraw and then click ‘Withdraw application’. If your application has been withdrawn, you’ll be shown a confirmation message.
Please be aware that if you transfer funds into your Raisin UK Account that meet or exceed the amount that you indicated you would like to deposit, you will be unable to withdraw your application.
If you’ve already opened a fixed rate bond savings account through our marketplace, then we cannot cancel your application unless there are exceptional circumstances, as explained in the savings account terms and conditions. Once your deposit has matured, your funds and any interest or profit that you have accrued will be transferred to your Raisin UK Account, from which they can be returned to your bank or building society account.