Outlet - Digital Asset Rewards

Outlet - Digital Asset Rewards

Earn Compounding Rewards

293 ratings
63 reviews
Free

Details

  • Released
  • Updated
  • October 24, 2019
  • February 21, 2023
Outlet - Digital Asset Rewards screenshot #1 for iPhone
Outlet - Digital Asset Rewards screenshot #2 for iPhone
Outlet - Digital Asset Rewards screenshot #3 for iPhone
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About

This app helps you earn significantly higher rewards on your funds compared to traditional savings accounts. It converts your deposited money into cryptocurrency to work for you, paying out compounding rewards monthly. You can withdraw your funds anytime without limits or fees.

Earn up to 50x more rewards
Automatic cryptocurrency conversion
Compounding monthly rewards
Withdraw anytime, no limits or fees
Multi-layer security system
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What users say

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What's New in Outlet

5.0.3

February 21, 2023

We've fixed a ton of bugs and improved app performance!

User reviews

Can’t take my money out

I’ve joined outlet for about a year now and it was good at first i could withdrawal and deposit money into my account whenever. When i seen the high interest return i jumped at the opportunity but ever since December of 2022, I was unable to my move money. It says transfer but it won’t let me connect to my bank, or any other bank for that matter. It says my bank account is connected but when i try to transfer it, fails. It also says I have the option of transferring it into a pool but won’t even let me move my money. I complained multiple times and wrote complaints but I have yet to receive word back. All I want to do is withdraw my money. I feel like i’ve lost hundreds of dollars over this app.
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Not safe!

I’ve been trying to get my money out of this app for 3 months and they keep pushing me down the line with no definitive answer. It is not secure for your money.

Zero Stars, This Company is a Fraud!!!

I don’t why this app is not banned already. Nothing works. They are just trying to defraud their customers. No way to transfer money back. Non-existent support or customer service. Been trying to reach them for weeks, no luck. 😔

DO NOT INVEST IN

ITS BEEN 3 weeks and still can’t get my DEPOSIT I PUT IN THE APP TOTAL SCAM WHO TAKES SOMEONES MONEY FROM THERE BANK ACCOUNT AND HAVE NO CLUE WHERE ITS AT DO NOT INVEST

Stay away!

After much fuss, I was able to get my money out of my outlet wallet using BitPay and Coinbase. Never a response from customer support.

User experience

🐞

Reported Bugs

11 issues

App won't load or stays on logo screen

Bug

Bank account randomly disconnects without notification

Bug

Transfer failures with error messages

Bug

Bank reconnection takes days or weeks to approve

Bug

Account balance shows as zero despite funds present

Bug

Transfers show as completed but funds never arrive

Bug

ID verification system rejects documents as expired

Bug

App freezes when viewing account balance

Bug

Failed transfers after system migration

Bug

Pending transactions stuck indefinitely

Bug

Partial fund withdrawals (only 90% of funds returned)

Bug

Requested Features

7 requests

Website access in addition to mobile app

Feature

iOS Shortcuts integration for easier expense tracking

Feature

Official voicemail system

Feature

More instructional videos on wire transfers

Feature

Debit card functionality (mentioned as 'coming soon')

Feature

Better app notification system for account status changes

Feature

Multi-currency support improvements

Feature

FAQ

What does Outlet do?

Outlet is a digital asset platform designed to help users earn significantly higher rewards on their funds than traditional savings accounts. It converts deposited fiat currency into cryptocurrency and puts it to work to generate compounding monthly rewards.

How do I earn rewards with Outlet?

You earn rewards by depositing funds into the app. The app automatically converts your money into cryptocurrency and invests it to generate rewards. These rewards are paid out monthly and compound over time, increasing your account balance.

Is there a cost to use Outlet?

Based on the provided information, the app is free to use. There are no stated fees for depositing funds or withdrawing your earnings, and no in-app purchases are mentioned.

Can I withdraw my money at any time?

Yes, you can withdraw your funds at any time. The app states there are no limits or fees associated with withdrawals, allowing you complete flexibility with your deposited money and earned rewards.

How is my money protected?

Outlet employs a multi-layer security system to protect your digital assets. The app is designed for users to 'set it and forget it,' implying a secure and automated process for earning rewards.