- Weekly chances to win cash prizes just for saving money
- Every $1 saved in the PrizePool account earns 1 ticket per day
- All tickets are automatically entered into a weekly drawing for a chance to win one of 6,000 cash prizes, including a $10,000 Grand Prize every month
- Customers can earn up to 3% on their savings with combined weekly cash prize winnings and monthly savings bonus
- Guaranteed 0.30% savings bonus paid out monthly
- PrizePool debit card allows customers to access liquidity from their savings and get rewarded for spending
- Every $1 spent with the PrizePool debit card earns 30 tickets to the weekly cash prize drawing
- Every purchase made with the PrizePool debit card is eligible for reimbursement by PrizePool with no daily or lifetime limits
- Deposits are protected and secured by partner bank Evolve Bank & Trust with bank-level security and encryption
- Deposits are FDIC-insured up to $250,000
- No minimums or fees for using the PrizePool app
- Applying for a PrizePool bank account is free, takes less than two minutes, and won't impact your credit score.