Western Alliance Bank is offering 4.30% APY + up to $1,000 bonus when you open a High-Yield Savings account – available nationwide powered by Raisin.
Update 8/4/25: The rate has increased to 4.30% APY from 4.25% The offer has been improved (now up to $1,000 previously $500) and extended through September!
- For a limited time only, you can earn up to a $1,000 bonus. The more you save, the more you earn — new customers can get $75 to $1,000 in bonus cash when they make a qualifying deposit of $10,000 or more with code EASY at sign-up.
Terms:
- New customers only. Earn a cash bonus when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive $75 for depositing between $10,000 and $24,499, $250 for depositing between $25,000 and $49,999, $500 for depositing between $50,000 and $99,999, and $1,000 for depositing $100,000 or more. To qualify for the bonus, your first deposit must be initiated between August 1, 2025, and September 30, 2025, by 11:59 PM ET, and the promo code EASY must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for this bonus. Bonus cash will be deposited by Raisin into the customer’s linked external bank account within 30 days of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin reserves the right to modify or terminate this offer at any time.
Western Alliance Bank High-Yield Savings Rate
To easily earn Western Alliance Bank’s competitive rate, start by opening a High-Yield Savings account.
- Learn More at Western Alliance Bank
- Eligible account: High-Yield Savings account
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $500.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.30% APY.
| Balance Requirement | APY Rate |
| $0.01+ | 4.30% APY |
Account Features
- FDIC insured
- Excellent rates with NO fees from Raisin.
- $1 minimum deposit. 24/7 online access.
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Conclusion
If you’re looking for a savings account that offers a competitive rate, here’s a great candidate.
Let us know about your experience with this bank and comment below.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
