PrizePool: Banking Rewarded

4.6
1.02K reviews
50K+
Downloads
Content rating
Everyone
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About this app

PrizePool offers a secure, reward-driven banking that gives you a guaranteed 0.30% monthly savings bonus and a chance at winning $10,000 every month. No fees and no minimums. FDIC-insured.


HOW DOES PRIZE-LINKED SAVINGS WORK?

- PrizePool gives you weekly chances at winning cash prizes just for saving money. The more money you save, the higher your chances get at winning.
- Every $1 saved in your PrizePool account earns you 1 ticket per day (e.g. every $100 saved earns 100 tickets per day and 700 tickets per week).
- All of your tickets are automatically entered into our weekly drawing where you get a chance at winning one of 6,000 cash prizes including a $10,000 Grand Prize every month.

GET UP TO 3% ON YOUR SAVINGS

- With the combined weekly cash prize winnings and the monthly savings bonus, most PrizePool customers get up to 3% on their savings.
- Whether you win a prize or not, you are always guaranteed to earn a 0.30% savings bonus. Did we mention that we pay this out monthly?

GET REWARDED EVEN FOR SPENDING

- With a PrizePool debit card, you can access liquidity from your savings at any time and get rewarded for spending.
- Every $1 spent with your PrizePool debit card will earn you 30 tickets to our weekly cash prize drawing.
- Every single purchase made with your PrizePool debit card is eligible to get reimbursed by PrizePool. No daily or lifetime limits!

SECURE BANKING, FDIC-INSURED

- Your deposits are protected and secured by our partner bank, Evolve Bank & Trust, Member-FDIC, with bank-level security and encryption.
- Your deposits are FDIC-insured up to $250,000.

100% FREE BANKING. NO FEES AND NO MINIMUMS.

- There are no minimums or fees — ever.
- Applying for a PrizePool bank account is free, takes less than two minutes, and won't impact your credit score.

For more information and to view our terms of service, privacy policy, and official rules, please visit www.getprizepool.com

PrizePool, Inc. is a technology company and not a bank. Banking services provided by Evolve Bank and Trust, Members FDIC.
Updated on
Aug 12, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Personal info, App activity, and Device or other IDs
Data is encrypted in transit
You can request that data be deleted
4.6
1.02K reviews
Tom Devine
May 20, 2022
The app is generally awesome, and the prizes each week are great compared to HYSAs. But the app gets glitchy or crashes when you try to access it through the weekly winnings emails. And currently, I haven't been able to get into the app all week. Just the logo. Edit: After being in contact with the support team and with the most recent update to the app, there aren't any more issues!
25 people found this review helpful
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PrizePool
May 13, 2022
Hi, can you please update to our latest release. Please contact us at support@getprizepool.com if the issue persists. Thanks.
Marco Rocchio
November 15, 2020
5 Stars... there are some bells and whistles missing. It would be nice to see a list of deposits and wins...that's an incentive to invest. The U/I is bland and unremarkable. The app could use a security makeover. The app works well and accomplishes what it advertises. **Update: Looking forward to the updates. Excellent response from app creators...instills confidence. ***Up'd to 5 stars with app upgrades like Investment History and other bells and whistles. Nice!
71 people found this review helpful
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PrizePool
November 11, 2020
Thanks for your feedback! We have a lot of great changes coming up that will help make saving money even more fun soon! Also, we have security enhancements coming as well!
Kyle Cotton
October 19, 2021
Don't be skeptical! It seems weird to think of basically a lottery that you don't lose but I can confirm it works and they have great support. Your cash isn't available for withdrawal for five days after you deposit that so keep that in mind and I can confirm it's easy to withdrawal a few taps and a confirmation and you've got your money back it does take a few days to transfer depending on your bank/cu. If you want to save and also like to win money this is a pretty cool app.
76 people found this review helpful
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What's new

Thank you for using PrizePool. In this update we made minor bug fixes and performance improvements.

Please send any feedback to support@getprizepool.com