# Outlet - Digital Asset Rewards — Earn Compounding Rewards

> Earn compounding cryptocurrency rewards on your deposited funds. (iPhone/iPad app by Outlet Finance Inc.)

- Source: https://appshunter.io/ios/app/outlet-digital-asset-rewards/id1475723731 (this page in markdown: same URL + `.md`)
- Developer: [Outlet Finance Inc](https://appshunter.io/developer/1475723730)
- Category: Finance, Business
- Price: Free
- Rating: 4.30/5 from 293 App Store ratings · 63 written reviews indexed
- Age rating: 17+
- Requires: iOS 13.0 · 97 MB
- Languages: English
- Released: 2019-10-24
- Data updated: 2026-08-26
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/outlet-digital-asset-rewards/id1475723731/reviews.md

## What is Outlet?

Outlet is built to maximize your earnings. You can earn rewards up to 50x more with Outlet than if you kept your funds in a traditional savings account. 

With Outlet, we put your digital assets to work in a way that feels simple. You do not need to deposit digital assets directly, we convert your funds into cryptocurrency and put your money to work for you. 

Every month, you are paid your rewards at the rate we offer. Watch your account balance compound and grow overtime with each month’s reward!

Withdraw at any time. No limits. No fees.

Advanced Security and Coverage
- Earn mindlessly with Outlet knowing your digital assets are protected by our multi-layer security system 
- Set it and forget it. Simply deposit funds into Outlet and earn.

Learn more about Outlet in the FAQ section of our website or chat with Support in the app.

## Key features

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

## What do users think of Outlet?

Overall sentiment: negative

**Pros**

- 💰 High interest rates on savings
- 📱 Easy-to-use interface and simple design
- 🚀 Quick deposit and withdrawal process (when working)
- 👥 Responsive customer service representatives (when available)
- 📈 Competitive returns compared to traditional banks
- 🔒 FDIC insured and legitimate company
- 🎯 Innovative DeFi savings concept

**Cons**

- 🐛 Frequent app crashes and freezing
- ❌ Bank account disconnection issues
- ⏳ Withdrawal delays and pending transactions stuck for weeks
- 📞 Poor customer service response times
- 🔗 Bank linking and reconnection problems
- 💸 Missing or incomplete fund transfers
- 🚫 Failed withdrawal attempts despite multiple attempts
- ⚠️ System migration issues causing fund disappearance
- 🔄 Recurring transfer failures
- 📊 Inaccurate account balance display
- 🔐 ID verification repeatedly marked as expired
- 🌐 Limited geographic availability (no Texas, Hawaii)

**Commonly reported bugs**

- App won't load or stays on logo screen
- Bank account randomly disconnects without notification
- Transfer failures with error messages
- Bank reconnection takes days or weeks to approve
- Account balance shows as zero despite funds present
- Transfers show as completed but funds never arrive
- ID verification system rejects documents as expired
- App freezes when viewing account balance
- Failed transfers after system migration
- Pending transactions stuck indefinitely
- Partial fund withdrawals (only 90% of funds returned)

**Most requested features**

- Website access in addition to mobile app
- iOS Shortcuts integration for easier expense tracking
- Official voicemail system
- More instructional videos on wire transfers
- Debit card functionality (mentioned as 'coming soon')
- Better app notification system for account status changes
- Multi-currency support improvements

## Recent user reviews (10 of 63)

All indexed reviews: https://appshunter.io/ios/app/outlet-digital-asset-rewards/id1475723731/reviews.md

### 1/5 — Can’t take my money out

*2023-05-05, version 5.0.3*

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.

### 1/5 — Not safe!

*2023-03-08, version 5.0.3*

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.

### 1/5 — Zero Stars, This Company is a Fraud!!!

*2023-03-04, version 5.0.3*

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. 😔

### 1/5 — DO NOT INVEST IN

*2023-03-02, version 5.0.3*

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

### 1/5 — Stay away!

*2023-02-28, version 5.0.3*

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.

### 1/5 — Everything was great until it wasn’t

*2023-02-25, version 5.0.3*

I have been using outlet for over a couple years now . Everything was running smoothly until two months ago. The system started acting up, and then we found out the company was moving over to a new system setup. All of a sudden my funds were gone . I am extremely furious at the fact that I’ve been trying to contact customer service for days on end and no one gets back to me. I’m missing my money and no one seems to care to help me. I don’t know what to do ! , so honestly  save yourself the headache and invest somewhere else , your money will go missing here with no explanation from anyone.

### 1/5 — Real person

*2023-02-21, version 5.0.2*

Seems they are going broke and not returning peoples funds, wouldnt give them another dime

### 1/5 — Dont waste your time and money

*2023-02-20, version 5.0.2*

At first it sounded great earning high interest, but other than that I haven’t had too many positive notes to think of.  My bank account randomly disconnects so I have to reconnect it (which takes days)  withdrawing money takes a long time,  at best its a few days, but every time I’ve tried to take money out it gets stuck on “pending” for weeks!  Customer setrvice used to be good, but now I think they literally have one person working there and it can take days before they respond.  Overall, the app is a good idea but so far its not being executed well.

### 1/5 — Can’t pull our money out

*2023-02-20, version 5.0.2*

Customer service won’t even respond, seeing other reviews seems like the problem is ongoing. 

Don’t download go elsewhere.

### 1/5 — DONT DO IT!!!!!

*2023-02-17, version 5.0.2*

They do not respond to messages, I’ve been trying to get access to my funds for 3 months! With I try to get my funds, it always fail! Just save yourself the headache and do not do it!

## Frequently asked questions about Outlet

### 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.

## Version history (last 1 release)

### 5.0.3 — 2023-02-21

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

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*
