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)

Prizepool has been a great app for… Prizepool has been a great app for savings! WIth other savings accounts, you get almost no interest and there's nothing exciting about it. Prizepool has thus far exceeded most other savings account APYs and added an element of excitement with weekly drawings. I haven't struck any big prizes yet, but it's fun revealing the prize weekly and as mentioned above, still beats our other saving account returns. I highly recommend at least trying PrizePool out with at least a small amount of money.

Prizepool is a fun and effective way of… Prizepool is a fun and effective way of saving money, I already made 20 cents off of 4 dollars and that's way more than I'd get from my bank savings account. When my son gets older I'll definitely help set him up with this :)

Honest review(updated) Honest review(updated): An important peice of information is that this is app is connected to an FDIC insured bank. That means that there is NO WAY you will lose your money (per FDIC policy). The APY is 0.30% starting April. Further, their "pool" instructions are listed clearly. There are multiple prize sections, so do not lose hope if you dont win 25k. If you enter a referral code, you get 10% extra on your winnings and so do I. If you want to use mine, it would be appreciated: ZEVQE

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.