PrizePool makes saving money fun PrizePool makes saving money fun! I've been looking for an alternative to my bank's 0.5% savings account but nothing too risky. Every Friday there is a new drawing, your odds are determined by how many tickets you have and your tickets are determined by how much you have deposited into PrizePool. I have been pleasantly surprised with the 8% returns I have received from PrizePool (YMMV)

Dont see the value Dont see the value. Originally when there was winning it felt good, but after that several weeks of "good luck next time". It didn't felt worth it. With a deposit financial product I expect stability and not too much gamble. The business model probably needs expansion if the intent for company is to grow profitable.

PrizePool offers a simple solution to… PrizePool offers a simple solution to increase your savings, much better than legacy banks! Frank is a genius who understands that most people have trouble saving money and realized that Prize Linked savings accounts have been proven to increase savings by 30%

Account Lockouts/Glitches. Support could have better availability. Tried to withdraw after months of saving; it failed. Talked to support, next day; my account no longer exist when I tried to log in! No response from support. EDIT: Support followed up a few days later to resolve this issue.

Solid app to help you save The app wasn't very stable when I first used the service, but the last few months it seems like those issues have been corrected. I enjoy using the service, helps me save and is always exciting to see what I may have won come Friday afternoon.