I recently became interested in high yield savings accounts once again after basically a decades-old absence. You see, back in the day, I had a Hong Kong and Shanghai Banking Corporation online savings account. It would have been classified as a high yield savings account.
I received around five percent interest. However, the United States federal reserve began dropping interest rates repeatedly to the point that the annual percentage yield dropped well below one percent. Recently, within the past year or so, the United States Federal Reserve has increased interest rates quite often.
At the time of this high yield savings account blog post creation, interest rates are over five percent. As a matter of fact, no pun intended, I stumbled upon a third party website by the name of Raisin.com. You see Raisin.com partners with quite a few online banks.
Raisin claims on their website that they receive revenue directly from these banks and then try to recruit new banking customers. Currently, Raisin features forty banks and credit unions with high interest rates, which are known as high yield savings accounts. I counted over twenty-five online financial institutions that have over five percent or higher interest rates on savings accounts.
Raisin.com also features certificates of deposits and money market accounts. However, I will only be speaking about the high-yield online account services that Raisin provides. I have four major problems with Raisin's high-yield savings account requirements.
They restrict external banking accounts to just one. What this means is that you are only allowed to link one external bank account to your Raisin account. You would use this lone external bank account to both deposit and withdraw money.
In the case of an emergency, this could become a huge problem. What if you have problems with your current banking financial institution that you use to deposit and withdraw funds? I think it is ridiculous in this day and age that you are restricted to only one external banking account.
The second problem I have with Raisin.com is that you must provide identity verification. More specifically, succinctly, you must upload your government identification. Also, according to my intelligence gathering, you might be required to participate in a video interview, proving your identity.
This to me is absolute non-sense, because ten years ago I did not have to participate in these types of Orwellian steps in order to just open up an online savings account with Hong Kong and Shanghai Banking Corporation. The third problem I have with Raisin.com is that in order to change or reset your Raisin account password, you must call in and speak with a customer service agent over the telephone. This is also ridiculous to me in this day and age of information technology.
I should not have to place a telephone call in order to just change or reset my account password. This to me reeks of a control freak or paranoid security. The fourth problem I have with Raisin is their potentially terrible customer service.
You see, I performed some initial intelligence gathering research using a search engine. I noticed a pattern of quite a few Raisin customers attempting to speak to a customer service agent over the telephone and not being able to speak to anyone. I noticed a pattern where many customers waited twenty minutes or longer to no avail.
I refuse to call a telephone number and wait twenty minutes or longer in order to change or reset my account password, as an example. According to TrustPilot.com website, Raisin has a two point two 2.2 score out of 5. That is a pretty terrible score, all things considered.
There were a total of ninety-seven reviews on TrustPilot.com and yet Raisin could only muster only a little over two out of five score. There were so many reviews complaining about their horrible and terrible customer service. I do not know about you, but when it comes to investing money, adequate customer service is of the up most importance.
There were quite a few complaints pertaining to Raison.com's lack of customer service on the Better Business Bureau website. Raisin receives a score of three out of five on the Better Business Bureau website. There have been a total of thirty-two complaints filed in the past year pertaining to Raisin.com.
Also, I found a Reddit post pertaining to Raisin's terrible customer service experience from their own customers. I found one review that claimed Raisin demanded a bank statement from an aspiring customer. Now why in the world would anyone at Raisin.com need access to a bank account statement in order to open an account?
These are the type of ridiculous Orwellian requirements that I refuse to participate in. I will not be anywhere near close to opening a Raisin account. Raisin claims that they have no fees ever.
However, this may not be true. One customer claimed that Raisin.com began automatically withdrawing one thousand dollars multiple times until their account was negative. Then Raisin charged them a fee for having a negative balance.
Raisin claims that they do not have a limit on withdrawals. You see, when I recently began searching for a high yield savings account, I noticed a pattern that most online banks instituted a limit of six withdrawals per month. I never read any review that claimed that Raisin had withdrawal limits.
Having the ability to only withdraw money six times from an online savings account without inheriting a fee, could be cumbersome if not problematic for some customers. Also, it depends on what the daily, weekly, monthly, etc. withdraw amount that is allowed.
These online high yield savings accounts are not anywhere near the same. Obviously, some customers will have more money deposited than others. The what seems like the industry standard of only six withdrawals per month is not necessarily a deal breaker for me, as some online high yield savings accounts have higher daily, weekly, monthly, etc. withdrawal limit dollar amounts.
Raisin.com could be convenient since they currently have forty partnerships with financial banking institutions. There no limit on withdrawals could be quite convenient and beneficial. However, I cannot ignore the obsessive customer complaints on multiple websites.
Finally, in conclusion, I cannot overlook their potential ridiculous account creation requirements. I concluded that when it comes to transferring savings money, that I must be able to trust and receive adequate communications. Hopefully, this blog post and video was product information and helped you learn more about Raisin.com.
High Yield Savings Account Raisin - Reviews Video Transcript
0:01
this is Aaron with anetcomputers.com with another reality PC in real life Study
0:08
Hour podcast video you know what I'm saying I might release this as a replay
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on tr. livean computers twitch.tv/
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computers this study hour is going to pertain to this raising.com if you're
0:29
not familiar with raising.com it is a high yield
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savings website basically you sign up with
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raisin.in or connection with some of the higher yield savings accounts for
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example sit what else there's like well there's quite a few actually
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at at the Times the interest rates have increased dramatically because the Federal Reserve has over the last you
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know a year and a half two years have increased interest rates after what
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10 years they were basically dormant or what whatever you know what I'm saying so raisin is a third party and they
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claim that they can help facilitate your ability to create and
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open up a high yield savings account right now 5 and a qu interest rate Five
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and 26 interest rates are very common and I am planning on
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investing the liquid assets that I have so that I can gain interest and make
1:47
some money and so I found raisin after researching I've Evergreen bank is one
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what American Express has one discover has one also set CIT there's there's a
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plethora of them now back in the day I had a
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HSBC high yield account that received over 5% but they have now shut that
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account down and now you have to anyways that that's a long digression so I have used an online savings account before in
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the past okay I'm not going to go over all this but you might you can pause a
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video and browse to raising.com and then you can click
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on you can't really click on anything I don't think it's oh yeah you can go up to help and info and click on frequently
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asked questions and then you want to click on more questions go through the
2:45
original initial frequently asked questions and then I think towards the bottom there's like a more questions and
2:51
then you'll get to this page or you can pause a video type in this uniform resource locator you cannot make any
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spelling mistakes there are not acceptable and you cannot miss the dash I mean you know what I'm saying
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raising.com usfaq for frequently last questions okay
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and on your own accord you can go over this it's lengthy I'm not going to go over all this what I'm going to do is
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I'm going to go through which is what I normally perpetrate against myself
3:21
whenever I open a new account or I'm interested in a company as an example
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since I'm self-employed made some recent videos like task verse.com I may may
3:34
make one up about upwork now upwork.com I've actually earned some income but I don't want to digress about that you
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know what I'm say I'm thorough I do not like being scammed I do not like being lied to and I certainly don't like
3:45
getting money stolen from me I am not a fan of raising.com
3:52
already because of what I like to do and that is I like to read reviews so in
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this reality TC study hour video podcast which will be actually converted into an
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audio podcast that you'll be able to access at in computers.com you know what I'm saying I'm going to
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use trustpilot.com also the Better Business bureau.org and even Reddit now
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this is where I never give out advice I'm not giving you advice and certainly
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not investment advice number two I never guarantee anything number three I never
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recommend anything I've already called the shot and I'll just tell you right now it's a 99% chance I am not going to
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open an account R raising.com but I would like to you know caveat mtor on
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your own you can certainly perform your own research and you can use whatever review websites that you want you don't
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have to use any of them that I am you can ignore Reddit if you if you feel like it you know but I highly think it
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would be productive Ed for you to browse to raising.com and if you're interested in opening account you know it's
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obviously up to you I'm not an affiliate I'm not an affiliated with them I am not a customer and I don't have a referral
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link for you it's just I was going to possibly open up a
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[Music]
5:24
raisin.in it but they have all kinds of frequently asked questions and some of
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the information is not in here so here's another piece of information cavity ad
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empor that may be productive you may want to read their terms of service before you even think about signing up I
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think terms and conditions you might want to read that it may be legalistic
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it may be boring you might want to read their privacy policy terms of service terms but especially their terms and
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conditions what I found out is some of the information I don't think is
5:59
available even in their frequently asked questions page I couldn't find it okay so quickly I'll go over a few points
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that is a reason why I am not going to open up AR raising.com number one you're
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limited to One external account so when it comes time to funding a high yield
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savings account at any of these Banks you know what I'm saying and I gave you some examples I don't have any
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connections to any of them not yet I don't I'm not an affiliate I don't have a referral link nothing like that is
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that you have to fund that account with an external account and most times it
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has to become a bank account I'm not aware of any of them that allow PayPal or anything like I'm I'm not an expert
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in this there maybe some that do but so far I have not ran across any a lot of times they want you to have an existing
6:53
bank account whether it's a checking account and or a savings account and then you would provide the account
7:00
number and the routing number and then when you sign up for whether it's American Express high yield savings
7:06
account or a Sit high yield banking account there's another one e ufg or
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whatever there's there's a lot of them you have to obviously deposit money right because the the purpose is to gain
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interest and make some money off of your existing money that you have already
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you're only allowed to have one so that could be a problem you know what I mean what else also I found out that they
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have kind of a strict policy when it comes to withdrawing money it it's it's
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now that one is in here somewhere I'm not going to go over it because that would be too lengthy but it is I think
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on this page it's very it was confusing to me basically they claimed that they're going that they do not enforce
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and they're going to what suspend the the withdrawal limit restrictions but
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then when you read on further in their frequently Asked question for that you know what I'm saying their answer they
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claim that they could require you to submit in writing permission to withdraw your
8:13
money and I'm like are you kidding me oh so that's number two number three really
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quickly I think I'll just go over three or four number three is you must provide a governmen issued ID now I'm not an
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expert in the high yield savings because it's been about it day I'll just be bluntly honest it tanked about you know
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I don't even think 10 years ago but in the early two well wait a minute the mid the mid to it deals with the Federal
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Reserve whenever in the United States whenever the Federal Reserve increases interest rates a lot of times the banks
8:47
will increase their interest rates on savings accounts which includes Certificate of Deposits and money market
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accounts Etc they don't always do it but a lot of times they will so about 50 15 years ago you had a lot of banks online
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one of them was HBC H
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SBC they offered 5% I never had a problem with them you know what I'm
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saying and but back then it wasn't that difficult to open an account so you
9:19
would receive 5% interest on your money well the interest rates tanked
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because the Federal Reserve dropped interest rates down to basic I think zero at one time and at that time when it's zero you
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nobody's going to you know well I mean think about it nobody's going to pay you
9:37
any interest when the Federal Reserve interest rate is like zero and so for what was it 10 years close to 10 years
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it just nothing nothing but you could basically you couldn't make any money off of a just a basic savings account
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and that includes a high yield savings account so I just closed my HSBC account
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and I One once in a while I did you know it to me it's almost impossible not to
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find out if the Federal Reserve raises interest rates because it becomes at
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least in the United States it becomes nomenclature at that point you know what I'm saying but I Rec I noticed in the
10:13
last few years the interest rates increased again and so that's when I became more acceptable and susceptible
10:21
to the marketing and sales I mean that is when I was deciding that yeah I think
10:28
it would be a good idea for me to you know have an online savings account again okay so that is my
10:35
transparency okay so that's a big problem to me is their vague withdrawal
10:40
now they now they did now what what I studied they are accurate this website raising.com a lot of the banks that I've
10:47
ran across you are limited to six withdrawals per month and and a lot of
10:53
them have a withdrawal limit raisin I think is $10,000 per day you know what
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I'm saying however they claim that they have no withdrawal limits they claim that they have no fees no hidden fees
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you know blah blah again if you're interested in raising.com by all means study on your own don't
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just believe what I say you know what I'm saying because I could be a no I don't want to just no that joke won't
11:20
come across very well okay so let's move along so what is that four points that I
11:25
just made you know the first three was you know three strikes and you're out or okay so
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trustpilot.com I like trustpilot.com but again you don't need necessarily need to
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take you know if if you're do not like trustpilot.com you could certainly look for other reviews about raising.com
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which is a thirdparty high yield savings account company but I'm going to go over some of
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these really quick now if you notice their reviews they have a total of 96 seven their average score is 2.2 that's
12:01
pretty bad they have 23% five-star reviews and but this is what I really
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look for they have 56% onear reviews whenever I review a product or a service
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or a company basically if it's productive to me and you know what I'm
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saying and it's worth my time investigating a company I like to read
12:26
the one star reviews because that is what you'll really find about out about a company they're not going to admit to
12:31
it no company that I'm aware of admits how terrible their customer service is
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or how terrible their bureaucracy is or how terrible their information
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technology infrastructure is and I'm afraid that raisin is another one of those companies that they don't want to
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admit that they have serious problems at least when I studied them you know what I'm saying of problems that I don't want
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to risk this isn't like buying a you know you know two or three $500 laptop
13:01
which for he but for some people that's a lot of money for some people that's nothing in the riged capitalist Society
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I mean excuse me I know that I yeah most likely YouTube Excuse me political
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correctness we censor YouTube would not like me criticizing capitalism and how rigged and wretched is anyways I digress
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back and I and I do not like money but hey the system requires it until
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humans evolve Beyond the stupidity of money and how how much it causes
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problems and uh anyways I digress I digress okay that this is a
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problem here but I'm going to you know I don't want to read through all of them but I'll go through some of them it is stressful and can't do anything the
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customer service will always delay even when you have something important to do so I closed my account and opened view
13:52
wallet now this kills multiple birds with one stone since I'm not an expert and I never was an expert I just use
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used HSBC for I don't know how many years I had an account 5 years 10 years and I made some decent money at with 5%
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now I'm not an expert I know there's other avenues I know there's stocks and bonds mutual funds T bills what
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government bonds you know Certificate of Deposits money markets I know all that
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but to me being able to earn 5% interest on your existing money and not have to
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do much that's pretty good you know not bad
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I would I would say the elite the elite they don't need to worry about that but the rest of us at least me you know what
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I'm saying anytime I can earn money and and especially if it's passive however
14:45
I'm not going to risk my savings absolutely not and so the alarm Bells
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came you know immediately sounded when it came to
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raisin okay so there's one review and and as I said before killing multiple
15:01
birds with one stone I found out about Boo wallet and I'm going to check them I have not no idea I have never heard of
15:08
them until now you may have I have not I have no idea about Boo wallet I'm not you know what I'm
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saying I did find something about sit CIT and so I'm going to study them too
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now now remember this is a third party I'm not sure Vu wall is a third party company where you open an account with
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them and then they have contract or they have Partnerships
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with banks and then they they then you
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know basically it's about marketing even raising.com one of their
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frequently asked questions is how do you make money if you don't charge any fees and you know blah blah blah blah what
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they do is they receive compensation from bank so Banks pay them to Market
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and then when you sign up they get a customer okay which makes sense okay they they claim
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wallet is better so there's one this this is
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oh let me go over what I remembered now okay when it comes to changing your
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password and changing any of your account information basically you cannot perform those actions online you
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cannot do it you have to call in which I think is extremely just oh come on now man this is
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2023 and I do not like placing telephone calls I used to
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kind of like the telephone but in my but no no I I actually basically hate
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telephones now because because you're wasting time you know what I mean you know if I have to
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call somebody if I I prefer I can do it online you cannot so this is a review
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about that they opened up a certificate deposit and then they had to have their
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initial password reset they were on hold for 20 minutes no they were not ID they were
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not informed so they didn't know the queue
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they didn't know how long it would take and they didn't receive a no call back
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option now I did study raisin and they do have a no excuse me they do have a call back
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option but this person claims they didn't get it get it
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okay now they said that the password reset was only good for an
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hour this person asked them to send the reset at 4 then the customer service
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representative didn't do it then they had to call back in wait for another 20 minutes and then what what is this
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now yeah anyways okay so there's a review the worst customer service ever they
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offer good rates they were able to create an account and deposit
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money now they wanted to make a deposit from another account this is I couldn't
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find it although I didn't now since I have an information technology background I can search a website within
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seconds all you have to do is use Bing or Google and they have advance search
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features and so I know how to do it I didn't even bother because the the cringy the cring worthiness of their
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customer service was enough I just recently had a disaster with a large bank that most people would know it
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would be a household name everybody's heard of them because they advertise on television and Internet and radio and
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newspaper and magazines and blah blah blah and that was a disaster those
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bastards because of a mistake they made they restricted my ability to withdraw
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money out of one of my checking accounts and I had to call them multiple times
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and it was a total disaster and that company I may if I ever end my
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relationship with that company I will record a video about them okay you're limited to a single linked
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account and changing it is more painful than a a root canal and takes days you're
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also limited to $110,000 daily withdrawals
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wow their telephone customer service is nearly non-existent I've noticed a
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pattern a lot of times these individuals will wait on hold for 20 minutes and they
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may finally reach a customer service agent if not they [Music]
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don't okay so they received an email message with instructions the instructions didn't
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work it's not hard to find other Investments with nearly identical interest rates do yourself a big favor
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do not send your money to raising.com okay okay here's another tip though
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which I never get out advice I never guarantee anything and I never recommend anything but here's a tip what you could
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do instead of using a third party service like raisin is you could go directly to a bank I the the one
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convenience about like a website or a company like raisin is it allows you to open up
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multiple I guess sub accounts with multiple Banks well that's not really
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true I don't think you have one account with raising.com but you can you know
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part so to speak metaphorically partnership with other Banks and then
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you can Depo you know what I mean so you would just have one Central website to worry about otherwise let's say you want
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to to have five different high yield savings accounts with five different
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banks well you'd have to open up five separate accounts and deal with you know that you know what I'm saying or if it
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was 10 this would be centralized but you know from reading the reviews
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this is too risky for me the right hand does not know what the left hand is
21:22
doing okay yeah now a lot of the banks that they advertise have pretty higher
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interest rates you're looking at five and a quarter right now okay taking out your money
21:36
withdrawing your money takes multiple calls okay yeah they this is correct on their
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website they advertize that withdrawals take one to three business
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days so their withdrawal took a lot longer than one to three business [Music]
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days wow that's not good yep because in an emergency or me personally I don't
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care if it's an emergency or not I get extremely Paran well I wouldn't say paranoid I get extremely upset when you
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know you know these companies promise oh don't worry you know your withdrawal it only takes 3
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days well then you know after weeks you don't see your money you know what I'm saying okay so this is just a review
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claiming that that's not necessarily true that the deposits take longer than than one to three business days I'm not
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sure what they were axy recovery.com I'm not sure what that's about the the team
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recover my money that that they are you are they you could check out that website I didn't even check it out but
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are are you telling me that they're claiming that another company helped them get their money back from Raising
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because they were having problems getting their money back withdrawing their money I raised a formal complaint on June
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28th and it's been almost a month a month later in July they didn't receive a response they waited 40 minutes over
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the telephone and that customer service agent provided conflicting information
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what else I'm not sure what country they're from but they refer they reference the
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financial um budsman but you know what I'm
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saying Financial or or I'm not a government expert I'm not a legal expert
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there may be some kind of government law or some kind of on budsman you know you know what I'm
23:46
saying but they said but basically bottom line is they had to take a case now so that's not
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good poorly trained staff and despicable [Music]
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company their technology and customer service are bad I've been trying to set
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up an account with Raisin for over a week only okay here we go now again I
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wouldn't believe anything I say and you would want to verify any of
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this information on your own Only One external account can be linked to your raising account I I already went over
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that what they mean by what these Banks mean by external account is usually a an account with another
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bank that that you're going to transfer money
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to you're going to withdraw when when you withdraw money from raisin you it
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would go to that same account when you deposit money into your raisin account it's going to come from the same account
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the same and it and what I also notice a pattern is a lot of these Banks they require when you do withdraw they
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require that you open up an account with the same bank or credit union or or whatever that
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you initially deposited from they're very strict you know compared to 10 years ago they're even more strict to me
25:10
it's paranoia we I don't like the word Society I'm since I'm Anarchist but I've
25:16
noticed that basically Society over since I'm old now I've been on this planet for decades now and just every
25:24
decade more and more paranoia just par paranoia paranoia paranoia you know what
25:30
I'm saying things get more and more complex more and more convoluted more wasting time back in the day you could
25:37
open back in the day man I used to trade stocks and I'll be transparent one was
25:43
called Zeo and what was the other one Zeo trading which got bought out I think
25:49
but back then they were $5 trades so I was like okay what was the other one that I
25:55
had anyways they may have changed to yeah a lot of times companies get bought
26:00
out and then but my my point is that back in the day when I opened a Zeo trading account it wasn't that difficult
26:07
I didn't have to go through all the the stupidity of well I got to upload my government ID I've got to give you my
26:13
social security number I've got to give you my FBI file you know I've got to
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give you 10 bank statements I have to show you my will you you you know you have to call my lawyer I mean I mean
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give me give me a break man you know what I'm saying I mean back in the day even opening up a bank account wasn't
26:31
that big of a deal you could go into any branch yeah they're going to want your social security number which is a major
26:36
security risk which is bizarre but that's kind of been accepted even though
26:42
all this time I'm like you don't want anybody to have your social security number because that's attached to just about everything but basically you just
26:49
your name your social security number maybe an ID and then boom you get a bank
26:54
account nowadays it's like well let's see okay you know after 3
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weeks okay to change the external account you
27:07
need to contact them email or phone yeah you cannot change your external account
27:13
well what what in case of an emergency like my emergency with this these bastards at this mainstream online bank
27:21
that I'm still pissed off about you know what I'm saying and I'm trying to get my money away from that
27:27
bank because at any day at any moment's notice they could suspend my withdrawal
27:34
ability what what what I mean think about it let's that's an excellent example what if I had a raising.com
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account during that entire Quagmire with my bank when they restricted my access
27:46
to my my money I could not withdraw money I don't know how they legally can
27:52
do it but these Banks can somehow well and that was my external
27:58
account I would have been I would not have been able to deposit any more money and I wouldn't have been able to
28:04
withdraw money you know what I'm saying okay so that to me is a extremely important
28:10
point that you're only allowed but you have to you you can't just do it online you have to call them or email them and
28:17
and there's reviews after reviews about raisin where they don't answer their phone you know what I'm
28:24
saying okay and then they had to send in various documents well wait a minute I'm
28:30
already a customer you already vetted me you already verified my identity I just want to change my
28:37
external account my my other bank screwed me over no compassion no empathy oh well we
28:44
need your your credit report we need a background check we need
28:49
a a police report we you know what I'm saying they basically treat you like a
28:54
criminal nowadays and and and they said it takes several days
29:00
okay now if you are added as a joint member you can never set up your own
29:06
account and as a joint member you cannot open accounts or transfer money in now they do they now one person claimed in
29:13
the reviews here that they could not open up a joint account but but when I look through the frequently asked
29:19
questions page it's on here they claim yes you can open up a joint account however they even admit that it's
29:26
restricted you know what I'm saying even if you have a joint account what what is it secondary the secondary person they
29:33
cannot like deposit money or withdraw money or some like that customer service is friendly but
29:40
but useless oh
29:47
man oh yeah and I don't want to risk this because if it if it's this
29:52
complicated convoluted and complex just to get a goddamn account open
29:58
I don't want any problems when it comes time to me you know withdrawing money
30:03
it's annoying trying to withdraw money but the system keeps failing and now it
30:09
even worse the system won't log me in couldn't get in touch with them by
30:16
phone either also waiting to email me back until now regarding this this is
30:21
unacceptable raisin well I can make a joke about that but you know well you
30:27
know raisins are grapes and you know they're kind of wrinkly and dry and
30:32
anyways I Digis you know that wasn't really a joke but you know that wasn't really the joke that I wanted to tell
30:38
you because you know I don't think [Music] [Laughter] it okay nobody understands my sense of
30:46
humor Americans are grouchy have you noticed that they're so grouchy and
30:51
dramatic and V you know I don't want to go down that road and just whatever man
30:57
their verification process requires now this is where my eyes became
31:04
enlarged what is this obsession with these online website platforms that
31:11
demand that you verify your identity this is new back in the day as long as
31:18
you had a name and a password maybe your social security number for if it was a
31:24
bank but this Obsession where right off the bat they want your government ID
31:30
well that could be a huge problemo because of identity theft in America there's basically an epidemic of I
31:37
identity theft even though you have all these billion dollar trillion dollar
31:43
companies claiming that they care about your privacy and security when they
31:50
continually to have their own website circumvented you don't necessarily want
31:56
anybody to have your driver's license it depends on from which
32:01
state because certain information your you know what I mean your date of birth may be on there your your residential
32:09
address your name you're your obviously your driver's license number well I mean
32:15
give me a break man okay their verification process requires a copy of
32:21
your government identification that's insane it runs the risk of identity
32:27
theft if their system is compromised I have an information technology background that is
32:33
correct how many large companies within the last few years have claimed that
32:39
they were I you can't use the HW but I will use the CW
32:44
circumvented you know what I mean also you can only have one external account to transfer money in and out of of the
32:53
accounts not sure what the reason for that is yeah well they excuse maybe that because of
32:59
security and I'm thinking to myself well in a quagmire I don't give a about
33:04
your security I want my damn money so you may want to have you know two or
33:10
three other accounts just just in case how about up a backup so I closed my
33:16
accounts with them and opened on one with CIT now I have heard of CIT at
33:21
first I thought it was City Bank because back in the day I was familiar with City Bank you know I'm saying I've heard of
33:28
City Bank but I've never heard of CIT and but I but and I have not studied CIT
33:35
so I don't have any comments about that but I am going to check out Vu wallet and I'm going to check out
33:41
CIT now I now I have looked over I'm I'm already you know I might open up a CIT
33:47
or what's the other one UDF or whatever they are EF or whatever you know what
33:53
I'm saying but I I'm thorough I'm thorough I do not open up an account with without
33:58
thorough you know research seriously I'm not getting over I don't want to become a victim you know what I mean and
34:05
especially when it comes to money that I spent a lot of time I worked hard for the money that I have I really I did man
34:12
I mean I have decades worth of Information Technology experience helping people daily with their
34:18
information technology Pro blos maybe going mentally ill or getting worse that's another
34:25
joke okay let's move along that doesn't sound good right there though yeah I'm not
34:32
into the world order you may like the world order I do not like it I don't
34:37
this obsession with identity verification I don't know where it came from I'm not a fan of
34:44
it you do not want certain people to have access to your driver's license you just really do
34:51
not want you do not want no I'm not a fan of driver's licenses I'm not a fan
34:56
of of of identification that's what the the government their job is to control
35:01
you and so to me anyways I don't want to get Go off into an anarchist rant because number one nobody's care going
35:07
to care and then excuse me I almost said YouTube but because of political
35:13
correctness I shall refer to them as we censor YouTube will despise me
35:18
criticizing anything about this system okay once you have deposited any
35:25
money with them there is absolutely no coming back from it as withdrawals are impossible with him no matter the inputs
35:31
you have made or the profits acquired over time in my case mine was only made possible through I don't know who what
35:39
this is cloud capital. toop I have no idea what that is but that doesn't sound
35:45
good unacceptable long lead times okay now this sounds terrible
35:53
too I took 80 lbs out of sa 80,000 pound out of savings to deposit in my raisin
36:00
account only to discover my raisin account is not open yet after 5 days so
36:06
I gave the 80 lbs sitting in my current account earning nothing instead of the
36:12
4.1% I should be getting useless so basically you know I I believe that that
36:18
that L-shaped I'm sorry I'm not British I apologize but I think that's an L shape
36:24
for pounds the British pound currency denomination you know what I'm saying you know what I'm saying yeah so
36:31
not trustworthy although I only put $1,000 into an account raisin daily
36:38
would withdraw automatically another 1,000 daily and causing me to overdraw
36:45
my account which caused fees my bank put a stop on all withdrawals wow do not
36:52
deal with this company well I thought raisin raisin claims here here in their
36:57
literature their treaty their you know what I'm saying dissertation that they don't have
37:05
any any fees oh oh that's right that's not in the fine print or or or maybe it
37:11
is in the fine print yeah that doesn't sound good when these clowns automatically start withdrawing
37:18
money okay which cause them over overdraw fees not good at all okay no
37:26
account tried in zero customer service oh yeah now they tried to set up
37:31
a joint account with their wife well their wife I can't help it their wife may have
37:39
divorced them over raisin G get it they couldn't set up a joint account and he he screwed it up and now the wife's
37:45
blaming him okay sent in the application both received confirmation emails okay
37:53
oh they got verification failure call customer [Music]
38:00
service don't want to wait on hold use a call back feature and this goes on and on and on since oh now this person got
38:08
basically banned and I am not on that same page now raisin denied when you go
38:13
and read on what is it the Better Business Bureau ra somebody from raisin customer
38:21
service I think responded denying that they were banned when really they were
38:26
banned okay so the the story here is is that the verification failed three times
38:32
they cannot help you wait so there is no one in the
38:39
entire company I can talk to help me get verified they said no they could not help them they they
38:47
said that they would not open an account because the verification failed a number
38:52
three times but then this C POS possibly customer pointed out that
38:59
I'm banned but they deny that they're banned they tried to escalate it and
39:07
spoke with a manager or maybe a supervisor there is nothing I can do to
39:12
help you now but look at you you need to read
39:18
this one this is lengthy they basically claimed that their excuse was that in the future they may change their
39:25
verification process and yet in the future they may be able to reapply but
39:30
as of now you couldn't then the customer asked again so you're saying
39:36
that that or they asked them when are you going to change your verification process they said well I don't know but
39:43
it could happen get it they were just making up according you know that's what I'm that's my
39:48
[Music] interpretation okay better yeah and when
39:55
I went ahead head and and read the Better Business Bureau complaints it was almost it may have
40:02
been Reba him I'm not no no I'm not no attacking the individual no but this
40:09
text was basically verbatim included in their Better Business Bureau and I was
40:14
like oh I just read that on trust pilot that's the same individual okay they could not get
40:21
anybody from corporate to to all they dude all they were trying to do was open up a raising account it it wouldn't work
40:29
after three times and then they blamed the customer and then said that they couldn't they they they they refused to
40:35
open up an account now what kind of business does that you know what I'm saying this is the type of real
40:42
possible real world information that I love that that's not
40:48
no their advertisements or their videos no no you know what I'm saying that's
40:54
all marketing and sales long delays without interest transferred
41:00
funds and they weren't earning interest for 5 days well wait a minute now some I'm not a legal expert but again this is
41:08
this to me would be a contract in their contract does it stipulate that that
41:15
they may not pay you interest because of technical problems or or not that might
41:21
be I'm not saying I know for a fact but look they they say that you gave and in
41:27
their frequently asked questions page it says that they compound the interest daily and then they pay it out once a
41:34
month but they do compound it daily well this person says that they weren't earning any interest for 5 days I'm
41:40
assuming they were not get receiving compounded interest and when they matured they didn't pay them back for
41:47
seven days gee let let me quickly I've read on the internet that a lot of these
41:53
Banks they lie to you and then what they do is that delay they they they mark it
42:00
and sell to you the oh don't worry it's quick it's fast it only takes one to three days to get your money or
42:06
withdrawals and deposits only take one to three days they might be lying to you I'm not saying I know for fact that
42:12
raising.com is lying but I've I've noticed these patterns people are complaining claiming that deposits and
42:19
withdrawals take twice as long sometimes a month sometimes 3 weeks well well it
42:24
makes logical sense could be that what they're doing is that they're delaying the transaction to complete so that they
42:31
can make money off that that yes if you just transfer
42:38
$50,000 and they have access to it they can earn money off of it that's what banks do man okay remember banks have to
42:46
make money right so whenever they advertise you know free checking most
42:52
times they're lying to you because how could it be free they have to pay for the surfice I mean excuse me their their
42:59
employees who somebody has to call the excuse me somebody has to answer the telephone somebody has to read the email
43:06
messages you know what I mean somebody has to and I'm not and I'm not being condescending somebody has to clean the
43:13
bathrooms and mop the floors and all that you know what I mean
43:21
okay if you deposit money with him just become aware that the headline rate might be good the factor in you won't
43:29
be the factor in you won't be earning any interest for one to two to two weeks
43:34
total at the start and the end of the term wow on a one-year fix that makes 5%
43:44
with Raisin more like 4.85% elsewhere if still if you still want to go ahead great but if the rate
43:51
is only slightly better probably best to go somewhere else I did not know that I
43:56
don't know how they get away with it it it's either illegal no again I'm not saying no I'm not saying I know I'm just
44:03
I'm just using logic it's either illegal what they're doing or it must be in their their their terms of of condition
44:12
you know what I mean in the contract you know what I mean because
44:18
they are theyy in their frequently last questions page it says and I and you can go verify it it they claim that interest
44:25
is compact in it daily and interest is paid out once per month that compounded
44:31
interest is paid out once per month well this person claims that for one to two
44:37
weeks at the beginning one to two weeks at the end of the term you're not earning interest so
44:44
I have no idea anyways let's move along from that opening account unacceptably
44:51
slow they got to 75% of of the account
44:58
opening process they wanted a copy of that I thought this was creepy man and
45:04
cringeworthy yeah I'm on that same page with this guy they wanted a copy of my
45:09
bank statement now remember they were trying to open up up their raisin
45:15
account which is a third- party company and all they do is according to their
45:21
own words not retim but paraphrased they are are paid by
45:28
Banks and then raisin goes ahead and performs the sales and marketing and
45:33
they recruit victims I mean they recruit customers that open accounts
45:40
with those aforementioned Banks and then that's how they make money that well that's one way beside another way is to
45:47
just automatically withdraw money out of your account without you knowing to the point that it's negative and then they
45:54
charge you late fees or they or whatever yeah get it okay this is absurd what
46:01
what this person just wants to open up a raisin account and they demanded a bank
46:06
statement well what what does that have to do with anything why would you give anybody a
46:13
bank statement just to open up an account I am not sure why they need this
46:18
to open a savings account EXA exactly exactly response to emails is GLA
46:28
wow well the last GL what the last what was the
46:33
last was that what 50 million years ago the last ice age is that how long it
46:39
takes to get your money back from raisin I mean as others have said avoid avoid
46:46
avoid I've sent email instructing them to cancel my application I I don't know about you
46:52
again it's up you know obviously it's your money me personally I am not going to give
46:59
anybody any more information that I do not have to and it is none of their
47:06
business what my my bank balance is that's none of their business they don't
47:11
need to see a bank statement just to open up a account for sakes okay I digress back I tried to
47:17
withdraw my money from my easy
47:24
access well it was not easy from my easy access account two days ago still waiting for
47:31
transaction to go through call customer service and could not get through to anyone wow yeah it's real easy
47:37
withdrawing your money on rais and wrong not according to what I read okay absolutely awful experience and still
47:45
ongoing their savings matured on the 31st of
47:53
January still not had money transferred to my account to enable withdrawal
47:58
direct messages not answer they eventually spoke to somebody at raisin customer service over a week ago who
48:05
raised it to third level level you know level one Aaron oh my God Aaron
48:12
this is a level one no Aaron this a level two oh my God this is a major crisis Aaron this is a third level
48:18
customer service I I don't know what that means either and I don't know who that voice is I don't know who that that
48:24
clown is they sounded demented I mean whatever that is I'm really sorry still no
48:33
money complaint made to raisin apparently will respond in 15 days but all I really want is my money avoid
48:40
update February 19th still no money despite the responses like others
48:45
nextstep police action fraud woo woof absolutely a crap company don't
48:53
invest okay tried to open a joint certificate of deposit account through
49:00
save better they would only allow them to open up an individual account they also
49:06
wanted to add a beneficiary called customer service four times before they
49:11
were able to find somebody alive I mean somebody with a pulse she told me that I
49:17
should email oh give me a break she told me that I should email the information to their service department
49:24
yeah that that Synergy synchronicity I was thinking in my mind give me a break
49:29
well really I was thinking in my mind give me a break but I do know that that YouTube also known as we
49:37
censor YouTube they hate free speech and they deploy cussing which is Free Speech
49:44
yeah are you kidding me is right give me a break man yeah this yeah I am going to send
49:50
sensitive information over my Yahoo email account don't think so this may be
49:56
a legit operation but not when I want to trust my money with yes yeah raisin I
50:01
don't know and I never said it was a fact I just said I'm very cynical I never said it was a fact that they were
50:08
you know perpetrating anything illegal but I become immediately suspicious when
50:14
I find out that well you're not you you had a 5-day delay that where they didn't
50:20
pay interest when they tell you that you get you know interest compounded daily
50:25
and then it's paid off at the end of each month or once a month another
50:32
person claims that at the beginning of a term for one to two weeks you may not be earning any money which means earning
50:38
interest and towards the end you're not and it's like well wait a minute okay and then now this is very
50:44
alarming you know what I mean oh and then that other person that said they wanted a bank statement even
50:52
though all they were trying to do is open an [Music]
51:00
account now what information did they want them to email in in plain text not even SSL
51:08
secure sockets layer not even encrypted you know what I
51:14
mean yeah but I'm not on that same yeah raising.com they may be okay they may be
51:19
legit they may work for some people but no when it comes to the my time in labor
51:27
I spent all those hours helping people with their information technology proos
51:32
and being compensated and like a good squirrel and just a good hardworking
51:38
squirrel that they know in tough times that they better store some acorns they
51:44
better store some you know cash shoes they better store whatever nuts that get
51:51
it yeah when it comes to my money if I don't trust you absolutely not I am a retired Banker
51:59
with 15 years in the industry understaffed and underwhelming I have again I notice a pattern these
52:07
people on average are waiting at least 20 minutes and most times they just hang up if you have 20 minutes to spare you
52:15
will eventually speak to someone at raising.com
52:25
three weeks on three calls and two emails and the illustrious raising
52:30
neither replies to messages nor issu statements of our savings nor calls back
52:36
when requested I told you at the beginning of this reality PC Study Hour
52:41
pertaining to raising.com my in real life video
52:47
podcast that even their call back feature doesn't work or nobody calls
52:53
back avoid it this company must be about to go under now that is page one I think
52:59
because of time constraints I don't want to make this video too long I think I have about 15 more yeah maybe 15 more
53:06
minutes I think I started I should I should have timed this but
53:11
anyways let's move on to the but there's two more pages let's move on to some of
53:17
the Better Business Bureau complaints here here's one right here now this is the one that I told you that was
53:24
basically um I don't know if for you know I didn't you know use a a tool but
53:29
this one is basically quoted verbatim from this one or it's it's very close I might be wrong it may not be verbatim
53:35
but it's pretty close they also complained about raising.com and Better
53:41
Business Bureau and they stipulated that it was not acceptable where did it let's
53:48
see oh they responded oh now raisin excuse was the Patriot Act now I was
53:56
never a fan of the Patriot Act that's just more government military intervention the Patriot Act to me was
54:02
written to control and to to basically Snoop on Americans further I was never a
54:08
fan of the Patriot Act and I never will be and I never am now okay now this this is the response so this this review on P
54:17
trust pilot is the same person that submitted a complaint on on Better
54:23
Business Bureau this is their response to raisins which I this is just a a lame excuse
54:31
claiming that they're just following the patriate ACT I I I'll just be blunt I consider that but whatever I
54:38
have reviewed the response made by the business and reference to complaint identification and find that this
54:44
resolution is unsatisfactory raisin National head of
54:50
whatever said neither he nor anyone in the company can help me opening an account account as they have no process
54:57
in place to manually do so nor does the leadership team who is aware of the proo
55:02
plan to implement such a system therefore I consider the matter has been resolved now they plan they could be
55:08
lying I don't know they might just be trying to get rid of this person that's being a pain in the ass you know what
55:13
I'm saying and but I don't know that they may maybe they are maybe they are going to plan a a implementation of a
55:23
system where they can manually you know what I'm
55:29
saying create a an account this yeah this was
55:35
ridiculous this to me studying marketing well not just marketing business this is like the the opposite
55:42
of what you would do I guess they don't want customers
55:47
I've concluded that raising.com and some of these companies they just don't want customers or if it if it if if they have
55:56
to you know spend 5 minutes they're like it we don't need that customer that to me is just I know I'm sorry but
56:04
that's not the kind of business I want to rely on
56:09
again if this was just a haircut I wouldn't give a you know if I was I
56:14
don't know why I'd be recording a video pertaining to me getting a haircut at a local barber shop or local you know
56:21
haircut like like sports clips as an example but you know I neither here nor
56:27
there this deals with your money people work some people work really hard for
56:33
their savings some people value their savings we're not all billionaires oh
56:39
that's right most most you know Americans most humans are not billionaires the ruling class the the
56:46
elitists the crooks that cause yeah I'm I've never been a fan of the billionaire
56:51
class the trillionaire class they don't need they don't have to worry like the
56:56
some of us have to you know what I mean and bet their excuse was was
57:03
mentioning the Patriot Act get the get the out of here okay read okay I would like the
57:10
following as part of my matter resolved comment read before applying for account
57:15
contracts with a third party online identif verification company to comply with the Patriot Act their website
57:21
doesn't tell you their website doesn't tell you their website doesn't tell
57:27
you if there's a credit freeze on your account you will fail verification their
57:32
customer service representative will tell you they don't know which the third party uses to verify you so you must
57:40
unfreeze all three to apply if you fail their third party identity verification
57:45
three times you will be locked out permanently they can't reset nor can you
57:50
reapply for an account ever I unfr all three k credit reports after failing the
57:56
first time and having them reset my application I verified info for my credit reports matching all information
58:03
so men exactly failed two more times okay now let me bring up a point of contention since I admit I am not an
58:11
expert I found out that some of these high yield savings account Banks and not
58:17
just high yield savings accounts per se regular savings accounts money market
58:25
Certificate of Deposits ad nauseum and infinitum Etc what happens is that when
58:31
you apply for an account such as raising.com or any of them sit do you
58:37
know sit bank account American Express high yield savings account whatever
58:43
whoever it shows up on your credit sometimes it's a
58:50
hard sometimes it's a soft I'm not an expert I don't really care about credit
58:56
but it it can well it's a paradox I'm Anarchist I
59:01
think most of the system is buffoonery another waste of time is your credit score to me credit scores are used to
59:09
discriminate against people I think it's repugnant and disgusting that these companies these these humans that hide
59:16
behind these companies they use some arbitrary number to judge you and
59:23
whether that number is efficient to them or not they will either accept or decline your application I think that's
59:29
rubbish in America in order to rent an apartment one of the pieces of
59:35
intelligence gathering I mean one of the pieces of information they can use against you is it your credit score just
59:42
so buyer be caveat mtor there are claims I'm not an expert
59:48
that some of these accounts that you apply for could be a hard credit score
59:53
it shows up as a hard hard count they're when you look up credit score soft and
59:58
hard are are different what that means is that a hard could cost you maybe 10
1:00:04
points or maybe worse on your credit whereas a soft I don't know it may it may show up it may not affect your
1:00:11
credit you know what I mean so just be aware of that I I had no reason to you know need to
1:00:19
know that information I'm not really obsessed with my credit score but I certainly don't want but you know what I
1:00:26
mean I I hate money I had to whatever I
1:00:31
anyways I take respect just just just to let you know just to warn you that
1:00:37
yep okay raisin customer service
1:00:44
representative said that they're not told why anyone fails oh okay okay let's
1:00:50
move along from that but you can certainly read this at the Better Business Bureau all you have to do well you could also perform an internet
1:00:56
search for raising.com Better Business Bureau or just browse to the Better
1:01:02
Business buau bbb.org official website and type in raisin.in
1:01:07
you know I know they're wrinkly and dry and old and but whatever you know
1:01:13
anyways and then you could read this in the entirety here's another complaint I'm trying to change password on account
1:01:19
to access my money I have an emergency for which I need my funds I have tried calling at least five times over a 2-day
1:01:26
period and have been unable to speak with anyone I am placed on hold or told no one is available okay what else is
1:01:33
going on they emailed them and did not receive a
1:01:39
response [Music] oh have called during business hours yep
1:01:47
and these are lame these are just carbon copy lame responses we're we are very
1:01:53
sorry now they don't give a okay look look if you think I'm negative I'm not negative I'm just telling you I have
1:02:00
real world experience these companies they don't care man most companies they don't care they just want your money and
1:02:06
they all and and I notice a pattern they've got these lame canned template responses and then
1:02:14
the customer service individuals just follow orders and puppet verbatim with
1:02:20
what their masters want them to tell I mean okay
1:02:28
all right my whatever was arrived the so they opened a new raisin
1:02:36
account I want to log into my savings account whenever I attempt to log in it always says quote wrong email or
1:02:43
password unquote which is definitely correct I have put it in when I click the like for send new password by email
1:02:51
I did more than 10 times to send me new password to my email never receive email
1:02:56
from them but before my money reached the account I received their emails and talk to a person on the phone oh this
1:03:03
sounds like a bait and switch that can't help me to make a fast deposit I
1:03:09
attempted to call raisin numerous times they couldn't get through oh my God they
1:03:15
spent one to two hours each time they called they they have all their information they have their bank account
1:03:21
information they have their social security numbers I am very scared if they are a fraud I want my money back in
1:03:28
any case but I now have no way to contact them okay they don't answer
1:03:34
their phone calls they don't answer their emails I think that they are doing this on purpose quote I think they are
1:03:41
doing so was on purposed that's not correct use of the
1:03:46
word purpose that's not even a word I don't think it anyways this could be somebody from a different nation state
1:03:52
if all I know so I'm not gonna I'm not going to attack them for their lack of proper English or what what who cares
1:03:59
what what really is proper English [Music] anyways they know their telephone number
1:04:05
and email they don't even know if their money is still in their raising account
1:04:11
I need to access my account 24/7 in case I need withdrawal to withdraw money yep
1:04:19
they need to pay their medical bill yikes
1:04:26
yeah these can see they use the same can [Music] response
1:04:33
nah nah I don't believe them but whatever okay that you can read the response they
1:04:40
claimed that the this is a lie to me we care
1:04:46
deeply about our customers yeah right this customer's login was restricted by
1:04:52
our compliance team because their first deposit could not be completed I don't know if I believe this we waited to hear
1:04:58
from them the customers's account was [Music]
1:05:03
reactivated I I don't believe that because this is contradictory to what they claim they claim that they couldn't
1:05:11
reset their password they didn't receive a password email they tried to call they
1:05:17
spent an hour to two hours on the telephone and then they claimed okay so
1:05:22
I don't know for a fact you know I don't know these people it's in the abstract I just do not know however with pattern
1:05:30
recognition I notic that a lot of these big companies some of them are billion
1:05:35
dollar some of them are trillion dollar they will ignore you they do not
1:05:40
care about you until you complain on social media websites like Twitter or X
1:05:48
whatever X Twitter whatever Twitter Facebook you know maybe maybe even
1:05:58
Instagram a lot of times they do respond you literally have to embarrass them you
1:06:05
L you have to you literally have to criticize them or you have to complain
1:06:11
online over social media before you get any response I've noticed this pattern I have you know what I mean it's it's I
1:06:19
don't know I don't know for fact but it's possible to me that if this individual didn't not file a Better
1:06:25
Business Bureau complaint on over the internet on bbb.org they may have never
1:06:31
gotten back into their account they may have had to hire a lawyer you know what I mean and I'm I'm being serious this is
1:06:38
why when it comes to money and I hate money but I realize the system requires
1:06:44
it that I am thoral when I research and study a
1:06:50
company this these complaints are no I don't even want to risk it at this point
1:06:57
okay here's another one I cannot log into my savings account
1:07:02
well the previous one was was exactly the same complaint I have a savings account with Western Alliance they try
1:07:10
to log in but they received this error message
1:07:16
quote wrong email or password unquote okay they they know that their login
1:07:22
information is correct oh when I attempt to reset my password they receive this error message quote we
1:07:29
received a request to reset your password to the save better account Associated blah blah blah this time your
1:07:35
password can only be reset by administrator please call our team at and then if you do not initiate this
1:07:41
request please immediately email us at blah blah blah blah blah sincerely the raisin team okay I need to access my
1:07:49
account now this individual did not stipulate if they tried to call call or
1:07:54
contact their customer service over email or or an online contact
1:08:00
form they submitted a BBB and then they may have had to this
1:08:07
does not sound good to me if you have to file a Better Business Bureau report in order just to log into your online
1:08:14
savings account or your account with a third party company that is linked to your savings money no I don't ever want
1:08:23
to have to deal with this to me that is not acceptable okay but that's just
1:08:28
me so you notice a pattern save better save better I'm not I'm
1:08:33
not knowledgeable about save better.com okay so they create an account with sa
1:08:40
better.com and they thought that they were opening up an account with and that's that's censored out I don't know
1:08:46
why I'm not a fan of any censorship but whatever they set their web they claimed
1:08:53
that they they set up their website to look
1:08:58
similar so that you think that you're opening an account with Western Alliance and not say better
1:09:04
okay oh they were not able to log in yep you are required to perform an
1:09:14
account verification using I assume a short what is SMS short message Serv
1:09:24
or whatever whatever there's so many acronyms in information technology that I I hate it
1:09:31
I hate the obsessive use of of acronyms I digress I'm assuming over
1:09:38
text message you get a code sent to your cell phone over text message when I they claimed that when they went to enter the
1:09:48
code the only phone number options were two numbers that were not my numbers oh my oh my like this is just ridiculous
1:09:55
dude I never entered this information wrong they research
1:10:01
further oh when when by creating account through them you do not even get a
1:10:06
banking number or account through Western Alliance they take your money and pull it with other customers money
1:10:12
on their platform and you supposedly then get high interest yeah well I I
1:10:18
went through it's on their frequently asked questions page I think or it's somewhere on raising.com website
1:10:24
they their their claim or their definition of them of what they are is
1:10:31
that they claim again you want to verify your own my recollection is they claim
1:10:37
that these individual banks that they partner with keep your
1:10:44
money and that raising.com is just a third-party company that connects the
1:10:50
the two businesses to make it convenient whatever ever whatever this person says otherwise th
1:10:57
this is contradictory to what I read but again you would want to verify that on your own
1:11:09
accord at no point oh said they claimed during the process of setting up their account that they disclose yep yeah this
1:11:18
just this just sounds like buffoonery well worse than that this sounds very nefarious yep again I didn't take the
1:11:25
time because I'm not going to spend that much time I've learned enough about raising.com to conclude that I am not no
1:11:31
way there's no way I'm opening up an account with raising.com nope no way I'm just I'm not going to
1:11:37
risk it you know again humans are not perfect I'm not perfect I'm not omnipotent
1:11:43
omnipresent and I'm not omnipotent omnipresent and omniscient
1:11:49
you know what I'm saying I don't know everything I'm not everywhere and I'm not all powerful I realize humans make
1:11:55
mistakes I realize these humans at these corporations may be working for very low wages uh when I do call in which I hate
1:12:02
calling in I try not I try to remind myself not to attack these people and I try to remind myself to attack the
1:12:09
corporations I mean okay you know what I'm saying I understand all that but again I'm not
1:12:15
going to risk I I already went through a major banking crisis just months ago
1:12:22
where for about two or 3 weeks I was basically penniless these scumbags at this
1:12:30
household name of a bank made a mistake and then they
1:12:37
treated me like a criminal it was their fault all I did is I called in and I had
1:12:44
my address changed and then I ordered some checks and I ordered a debit card
1:12:52
about what three Days Later two days later I received a message that I
1:12:57
was my that I could not withdraw money that my withdrawal ability was suspended
1:13:05
and I immediately became very stressed out because I had
1:13:11
well according to me I had a lot of money in that account you know what I'm saying and so I do not want a second
1:13:18
baking crisis within months of each other okay
1:13:24
anything further about this man this is just this reeks of just just go away or
1:13:30
just avoid avoid avoid okay
1:13:35
okay so they're claiming that at no point were they notified of what really
1:13:41
goes on I attempted to call them but couldn't get through for two hours all right this
1:13:49
company seems extremely fraudulent all right now now they have their information they have bank account and
1:13:56
Social Security numbers I want to close my account but there is no option to do so oh I did not
1:14:03
know about that wow I'm still learning about this raising.com
1:14:08
quote I wish to close my account but there is no option to do so on their
1:14:14
website wow and they cannot call anybody oh now okay I didn't mention
1:14:21
this but raising.com in order to open account you must
1:14:27
deposit at least $1 some of these whether it's a third party whether it's
1:14:32
it's a you know you're opening up account directly with a bank a high yield savings account bank some of them
1:14:39
have no limit some is 2500 some what a dollar
1:14:45
I think let's see you know what oh 100 some of them
1:14:51
require 100 a deposits some of them require you deposit money initially some
1:14:57
do not it just depends on but raisin is it's a dollar
1:15:07
okay now they responded and then blah blah blah
1:15:13
nah yeah again there there are excuses that you need to read their terms and so
1:15:19
again I never give out advice I never guarantee anything and I'm not recommending anything but here's a tip
1:15:24
just like anything else you might want to read their terms especially when you're about to open the account Mo most
1:15:32
times you open an account you know especially when it comes to financial
1:15:38
institutions they usually have a terms of service and they usually you know tell you you might want to read the
1:15:44
terms but again I'm not necessarily defending raising.com and I'm not
1:15:50
necessarily attacking the complaintant you know what I mean but this just
1:15:56
doesn't sound this is no okay they tried to make a fund
1:16:01
transfer in the amount of $5,050 it did not go through
1:16:08
oh oh but but that amount was deducted out of their account wow I now have
1:16:15
$5,050 that just just disappeared Into The Ether into the ether net I mean no
1:16:21
record of it oh now this is another save save better I believe is one of these
1:16:29
these banks that that raisin I think I could be wrong or are they another
1:16:34
website actually I'm not sure I have heard that a lot but save better is either a bank or another one of these
1:16:41
websites that is part is partnered with raising.com
1:16:48
and then okay
1:16:54
yeah not again these companies these corporations these humans that hide behind these abstractions such as
1:17:00
government and Corporation and I would even say some religions oh that's a very
1:17:06
touchy subject but I'm glad I'm not religious I mean
1:17:11
anyways they don't care about you they're not going to care about your money and this is kind of another reason
1:17:17
why I continue to make YouTube videos because I don't know about you I don't like being shafted I I don't like being
1:17:23
scammed I don't like being ripped off and I don't like being lied to okay so they responded you know with
1:17:31
the blah blah blah see look
1:17:39
yeah okay but again my what I've learned over years of experience in information
1:17:45
technology and especially the internet when in doubt if you have no other recourse your you know the emails aren't
1:17:53
being responded to the you know filling in the contact form 10 times no response you try to
1:18:01
call in no response or if you are able to find a humanoid with a pulse they
1:18:08
refuse to help you when in doubt I've noticed a pattern that Twitter excuse me
1:18:15
X the Twitter's X that that cheated on Twitter I don't know or it's kind of
1:18:21
like some kind of divorce I don't know that's bizarre I have no idea why Twitter changed her and I refuse
1:18:27
to you know in the future I refuse to refer to Twitter as X because I just
1:18:33
that's just not how I roll but anyways sometimes you have to use social media
1:18:38
otherwise you're just you may never get your money back and I mean think about who's going to enforce this you you
1:18:44
think the government's going to Care you think those bureaucrats that lie to you on a daily basis you think they care
1:18:49
about that you just lost $5,050 and you don't know where it's at of
1:18:55
course they don't care you know what I mean you know what I'm saying but that
1:19:00
but that $5,050 that might be a lot of money for that person that one other complaintant
1:19:07
claimed that they needed to make a medical payment all right so I've just learned
1:19:14
that sometimes you have to you have to take things into your own hands and you
1:19:20
have to become a your your own whistleblower and I've noticed a pattern I don't know
1:19:26
it's it's kind of strange a lot I can't give I I'm at the hour mark if I if I
1:19:33
you know I would tell you about my story with Amazon a recent individual on quickly
1:19:40
it'll be very quickly very quick I was on X Twitter I was on Twitter's X it was a very nasty divorce and whatever you
1:19:48
know what I'm saying and there was in this individual was an Amazon reseller and they were
1:19:55
part of the the Fulfillment by Amazon if you're F familiar with that if I can
1:20:01
even you know say the word fulfillment anyways Well they claimed that they
1:20:06
shipped in the a bunch of items for fulfillment by Amazon and they claimed
1:20:12
that Amazon lost that shipment and then they tried to call Amazon seller
1:20:18
customer service they tried to email them they received no respon nobody would
1:20:24
help them which I think probably did occur it was not until this individual
1:20:30
posted on Twitter that somebody from I think it was Amazon Seller help yeah I think I
1:20:38
could be wrong Amazon Seller help I think that's that's that's an that is
1:20:43
that's an official Amazon Twitter account it's I think
1:20:48
exclusive to Amazon Seller
1:20:54
they responded saying that they were going to investigate well this individual claimed that now okay so they
1:21:01
would not help them they said that they they they denied that they they received their shipment and they you know oh at
1:21:09
first they said they couldn't help them they said this is the wrong Department we can't help you blah well this is
1:21:15
where there's a lot of lying going on these companies basically train their employees to lie to people is what I've
1:21:22
concluded well all of a sudden when they tweeted about their problem with Amazon
1:21:28
Fulfillment by Amazon customer service how they lost the shipment and now
1:21:33
they're trying to blame it on them or they just deny it well all of a sudden they said that they were going to investigate a but they're now requiring
1:21:41
them to submit additional information proving that they that that was their
1:21:47
items and that they indeed shipped it in which I think that's disgusting also
1:21:52
but my point is is that they're getting somewhere it's possible that if that person would have never tweeted
1:22:01
out their Quagmire you know their SOS in the abstract on the internet they they
1:22:08
that that shipment into fulfillment by Amazon who know who knows they would
1:22:14
have never investigated they would have lost an entire shipment and who knows how much it's
1:22:20
worth and these people they don't care they don't realize that people on the even part-time there's a lot of
1:22:26
Americans and not just Americans there's a lot of humans on this planet because of the stupidity of money and and the
1:22:32
whole money system that even part-time they they have they call them side gigs
1:22:38
that might have been a side gig oh I just make some extra money on you know fulfillment by Amazon well that that
1:22:44
money by might be important to them do you but do you think these big companies
1:22:49
care no so my point is is that when went in out now this could change you know in
1:22:54
the future these companies may start to ignore people but I've but for the present time a a lot of companies they
1:23:01
actually I don't know what they do I know how I found that post I just did a quick search using Twitter's Search tool
1:23:08
you know what I mean okay I'll just be transparent I submitted a I rewrote well
1:23:14
I updated a blog post telling people how they can contact
1:23:20
Amazon customer service if they are an Amazon Seller Amazon they're not very
1:23:27
transparent when I okay about 10 years ago I would and I'm going to wrap on this now there is Reddit you know but
1:23:34
but this would just go on too long but okay okay let me quickly oh yeah I used
1:23:42
to sell I used to I was a Amazon reseller I have sold computers I've sold even books yes as a computer technician
1:23:50
I actually learned how to sell books yeah here's a tip if if what you can do is
1:23:56
you can and this is and I you know I test it when it comes to selling books on Amazon you know you can sell them in
1:24:05
different um Quality you don't you might want to sell you might not want to sell
1:24:11
books that have torn Pages or or their Mark but you can you just have to disclose that but what I learned is
1:24:19
that sometimes people buy books brand new books and then they read them once and then they throw them away I'm not
1:24:25
making this up or they throw them away or they give them away or they you know try to donate them I'm not making that
1:24:31
up so what you can do is if the book is is new recent within I would say the
1:24:37
that year or whatever and and it's brand new you can
1:24:42
do some research online see how much that book is selling on average and then you can sell it now you cannot sell it
1:24:48
as new but what you can do is sell it as good almost most new or I no that's a
1:24:54
bad that's bad on again you have to study on Amazon what I did I was just sell it as used because yeah Amazon can
1:25:01
be a bit anal when it comes to you know almost new or as new or like new or new
1:25:09
what whatever and I sold books that I didn't pay for and for $20 now you may
1:25:16
not think that's a lot but if you do that a 100 times if you do that a thousand times and you know you get it's
1:25:22
it's basically $20 profit you know after the Amazon fees and all that yeah anyways so at one time I was an Amazon
1:25:30
reseller and then one time I needed to contact Amazon seller customer service
1:25:35
because some clown claimed that they demanded a refund I was new to as a
1:25:40
reseller and that's probably why they were trying to to make me out of a victim and they demanded that I refund
1:25:48
their money and they demanded that they they keep the book and I'm like wait a minute the sound sounds like a scam it
1:25:53
sounds like number one you want to keep the book and then number two you want me to refund your money so you get the book
1:25:59
for free I called in the Amazon Seller 800 number which was not disclosed I had
1:26:05
I had to search on their website it took me a while and the the customer service representative a female was very nice
1:26:13
and she said no you don't have to and she I asked her some other questions I was like well I'm new and and she just
1:26:19
kind of described the refund policy and all that and am that was it that's the only time I ever had to call them also
1:26:27
Amazon they have a contact form that is basically hidden and so you know and so
1:26:33
I wrote a blog post and I recorded a video and the and then I updated that
1:26:39
blog post the other day and I and I decided to go out and go ahead and tweet
1:26:44
since I updated the blog post I just go ahead and created a a Twitter's X post
1:26:52
and then you if anybody's interested well so when I do that I also go and see if anybody else is talking about that
1:26:59
subject and if they do now some people frown upon this I don't I don't really
1:27:04
do it yet but what I do I do comment though and I found this lady that was in this predicament and so I just commented
1:27:10
on and she responded to me and telling me about how Amazon it wasn't until she
1:27:16
can't you know tweet it out otherwise there nobody wanted to help her and you know what I'm saying but so my point is
1:27:22
is that I was you know just be being transparent and telling you that the reason why I was on Twitter is not
1:27:28
because I care about all the you know the pro the times that people are getting shafted by Amazon I mean excuse
1:27:35
me no that's no because that's how you can build your your social that's how
1:27:42
you can build your your accounts on on social media one way is to go ahead and
1:27:47
comment and have a conversation and they can they'll they'll visit your profile and they might add you you know they
1:27:53
might follow you that's it okay now some people recommend that you post a video
1:27:59
or a Blog po I'm not sure if I want to do that yet because then that kind of seems you know a bit spammy but anyways
1:28:06
Now quickly I'm over the 1 hour and I don't want to make this longer because I think I am over the one hour but here's
1:28:11
some some Reddit responses raising.com experience Hall I have been spending
1:28:18
some time lately trying to find okay deposit money okay but they don't want to invest
1:28:24
it oh yeah me too they stumble upon raising.com
1:28:30
they said that they saw some good
1:28:36
reviews however according to them their customer support has been absolutely
1:28:43
terrible so they had to provide their proof of residents
1:28:48
documentation they said it would take 3 days it's been almost two weeks the document is still pending they started
1:28:55
the registration process oh o this is ugly I didn't know
1:29:07
this the Second Step requires you to go on a video call with some kind of third-party verification service and
1:29:14
show your face as well as your identification I already did the video
1:29:20
call verification twice okay now and both their website
1:29:27
raising.com and their mobile application is indicating that they want
1:29:34
them them to perform the verification again but they've already done it
1:29:41
twice they receive constant emails
1:29:48
okay they've been trying to contact them to no avail
1:29:54
all I get is Radio silence crickets huh okay so they're just asking for some
1:30:00
more information this sounds bad
1:30:06
man now when was this this was eight months ago I was not aware that you had
1:30:12
to verify over video I refused to do that I just I'm not going I'm not going
1:30:17
to do that sorry number one I am very I don't want
1:30:23
I think there could be some banks that you do not have to submit identification verification it may be in 5 years 10
1:30:30
years that will be part of the world order and that even if you want to order some potato chips off of Amazon you
1:30:38
must upload your government identification you know what I'm saying but for the time being no I refuse to go
1:30:45
on video just so that I you know no just no
1:30:51
okay what else is going on here now here are the some of the
1:30:59
[Music] responses I sign they signed up with
1:31:10
Raisin okay this is a lengthy but this is excellent man they they they included
1:31:16
some pros okay plenty of Bank options has cash bonuses oh I forgot to
1:31:24
read that now I no there is I think it was on trust pilot either trust pilot or
1:31:31
B Business Bureau one of their customers claimed that they were supposed to receive a bonus and that when they they
1:31:39
didn't get receive their bonus and they noticed it they and they tried to call into the customer service the customer
1:31:45
service told them that they waited too long or they they
1:31:51
something and they lost her [Music] bonus yeah so yeah this this this just
1:31:58
reeks of crookedness you know what I'm saying okay they send plenty of
1:32:05
documents oh so they they claimed that everything was all good in the hood for nobody I mean they claimed that
1:32:11
everything was all good once your account is open now look at the cons
1:32:17
here the process of opening the account was a nightmare
1:32:22
the identification verification is slow it took several [Music]
1:32:28
days wow oh they they use third party vendors
1:32:35
for verification yikes they had five to six different
1:32:42
agents during their verification I mean this just sounds like a
1:32:48
disaster I mean
1:32:56
holy still no communication from raisin
1:33:01
their documents are still pinning they completed their video
1:33:06
identification what else
1:33:13
wow another update they oh wow they performed the
1:33:20
video identification a third time this is [Music]
1:33:32
ridiculous this is incredible raisin still hasn't
1:33:38
responded they've contacted them over email they've contacted raising.com
1:33:43
through messages including their dumb device I mean their smartphone application and
1:33:50
website they performed the verification with a laptop webcam and over the
1:33:56
telephone they tried to call them yeah this is a common pattern I've noticed a
1:34:02
lot of these complaints are that about 20 minutes people just say forget it it and then they hang
1:34:09
up after a 15 to 20 minute wait they hung up
1:34:14
Yep this is their last update it took an incredibly long time
1:34:19
to get my account verified so that I could use raising.com platform
1:34:27
okay oh they they initially applied for a fixed term deposit I'm assuming that
1:34:33
might be a certificate of deposit or maybe a money market yeah a fixed term oh let let me discuss this too really
1:34:40
quickly what I've I've known this for over a decade but a lot of these Banks they have varable rate interest rates
1:34:47
and they are volatile meaning they are not fixed rate the the high yield savings accounts and almost always the
1:34:56
basic savings account that you can get at any bank now these are online banks
1:35:03
online banks generally pay higher interest rates because they don't have as much overhead they don't have brick
1:35:10
and mortar they don't have all these surfs all these humans at their branches
1:35:15
that they have to pay for you know what I'm saying however even on online banks
1:35:22
almost all well it depend now a certificate of deposit is fixed rate so for example let's say you you obtain a
1:35:31
certificate deposit for one year and you deposit $110,000 and you receive a 5%
1:35:37
interest rate that is a fixed term deposit meaning the interest rate does
1:35:42
not change it's static that entire year you get 5% if it
1:35:48
is not a certificate deposit if it's not like a money market or what a trust fund
1:35:53
or whatever if it's just like these high yield savings accounts it'll be a
1:35:59
variable rate and it can change at any time and raising.com they admit that
1:36:05
they do not notify you they admit it when I read through
1:36:11
their their frequently asked questions now why I I don't get
1:36:19
that me as a [Music] self-employed individual that's not how
1:36:27
I roll so you number one but they just that just to me that's
1:36:35
just off-putting that just doesn't I don't it doesn't sound like they want customers fine hey hey they're allowed
1:36:43
to do that I'm not a legal expert but yeah they're allowed to change yeah they're allowed to change their interest
1:36:49
rates anytime they want uh but but but to not notify your own customers you
1:36:56
might want to just send out an email just send out an email alert okay
1:37:01
we we lowered our interest rate from you know 5% to
1:37:06
4.85% or this is good news we just increased your
1:37:13
your high yield savings interest rate from 4.5% to
1:37:19
4.85% but for them to be they sound arrogant oh well we don't we don't need
1:37:26
to you know and and we don't need to notify you well excuse me you expect me
1:37:31
to log into my goddamn savings account or my online account and check the interest rate the variable interest
1:37:38
rate every day I mean give me a break man
1:37:44
okay now they were denied they went through all that all that waste of time all that buffoonery all that stupidity
1:37:51
according to me and they applied for a fixed term deposit and guess what they got
1:37:57
declined W oh and raisin claimed that that they were rest assured that they
1:38:02
were [Music] eligible wow now this is I'm assuming
1:38:08
was a third party Bank wow okay this is just getting worse and worse okay they responded that they
1:38:16
are overwhelmed well
1:38:26
and there that might be a copy of an email okay what else you can't withdraw your
1:38:36
money and raisin keeps withdrawing
1:38:42
automatically this is this is just
1:38:50
crazy
1:38:55
it took a week to verify that according to this
1:39:01
person H yeah investment firm okay so the the
1:39:10
Reddit isn't very lengthy okay I'm way over the hour mark and but this was productive I actually learned a lot more
1:39:16
about raisin and I haven't changed my [Music] mind I will not those to me are spoiled
1:39:23
raisins and I do not like consuming spoiled raisins so
1:39:33
my initial judgment has not changed I am not going to be opening a raising.com
1:39:38
this is this is just reeks of just all kinds of problems that I don't need all
1:39:44
right anyways this was the reality PC stady hour video video podcast that may
1:39:53
become a future tr. live anac computers
1:40:00
twitch.tv/ anac computers livestream replay and I might replay it on we
1:40:06
sensor YouTube I'm not sure yet I also replay my live streams on anuts.com
1:40:13
so you can always browse to an atp.com to fix your most common computer problems I also have a podcast a lot of
1:40:20
my my videos I actually convert into podcast and this one I will definitely
1:40:27
so you can browse to the videos section and I right now I have a replay of the
1:40:36
the task verse.com and in the future I will be replaying this on anet
1:40:42
computers.com and I also have a radio station I have a 24 hours a day 7 days a week 365 days a year radio station that
1:40:51
my most recent podcasts that I create are actually replayed and in a future
1:40:59
this raising.com will be replayed as radio you can follow me on twitch.tv/
1:41:06
computer tr. livean atmps you can subscribe to my YouTube channel
1:41:11
youtube.com/ anps you can follow me on Twitter twitter.com
1:41:18
computers you can like and and follow my Facebook page
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facebook.com/ compute NC o p u t if you
1:41:28
prefer short form content I upload short videos
1:41:36
on instagram.com anps Tik tok.com anacomp Putters and also my Facebook
1:41:42
page they're called reals for the reals if you follow me on Twitter and
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1:42:04
post and when I update my older blog
1:42:09
post
1:42:15
adios