AppLink Apps
PrizePool: Banking Rewarded
PrizePool is a free banking app that offers rewards for everyday financial activities such as paying bills and buying groceries. Users can earn a minimum return on investment of 4.50% on their savings with PrizePool Stacked. The app also offers weekly cash prizes, including the chance to win $1 million, just by opening a free, FDIC-insured account. By using the PrizePool debit card, users have unlimited chances to win up to 100% cash back on any purchase. The app also features PrizeWheel, an on-demand game where users can win cash and ticket prizes.
PrizePool works by giving users weekly chances to win cash prizes based on their financial management. The more users spend and save with their PrizePool account, the higher their chances of winning. Users earn one ticket per day for every $1 in their account and 100 tickets for every $1 spent with their PrizePool debit card. All tickets are automatically entered into a weekly drawing for a chance to win one of 10,000 cash prizes, including a chance to win $1 million.
Users can also access liquidity from their PrizePool savings at any time with the PrizePool debit card and earn rewards for spending. Every $1 spent with the debit card earns users 100 tickets to the weekly cash prize drawing, and every purchase is eligible to win up to 100% cash back.
PrizePool offers secure banking with FDIC-insured deposits up to $500,000. Deposits are protected by Evolve Bank and Trust, a member of FDIC, with bank-level security and encryption. Opening a PrizePool account is free, quick, and has no impact on credit scores.
Users can unlock additional benefits and perks by upgrading to Stacked. With Stacked, users can earn a minimum of 4.50% ROI on their entire balance, double the tickets per $1 saved and spent, increased chances of winning cash back, and a referral program where both the user and their referrals earn 20% of cash prizes won. Stacked is available for a 14-day free trial, followed by a $10/month fee billed annually.
PrizePool, Inc is a technology company and does not function as a bank. Banking services are provided by Evolve Bank and Trust, a member of FDIC.