# PrizePool: Banking Rewarded — Win prizes for saving, banking > Banking app that rewards users with cash prizes and interest for saving and spending. (iPhone/iPad app by PrizePool, Inc..) - Source: https://appshunter.io/ios/app/prizepool-banking-rewarded/id1522785232 (this page in markdown: same URL + `.md`) - Developer: [PrizePool, Inc.](https://appshunter.io/developer/1522785234) - Category: Finance, Lifestyle - Price: Free - Rating: 4.53/5 from 3,096 App Store ratings · 106 written reviews indexed - Age rating: 17+ - Requires: iOS 14.0 · 208 MB - Languages: English - Released: 2020-08-25 - Data updated: 2026-06-10 - Monetization: freemium - User reviews in markdown: https://appshunter.io/ios/app/prizepool-banking-rewarded/id1522785232/reviews.md ## What is PrizePool? PrizePool is a free banking app that rewards you for the grown up things you already do — from paying your bills and buying your groceries, to saving up for your next vacation or your first home down payment. - Earn a minimum ROI of 4.50% on your savings with PrizePool Stacked. - Win one of 10,000 cash prizes every week just by opening a free account with PrizePool. - Get unlimited chances of winning up to 100% cash back on any purchase, just by paying with PrizePool Debit. - Win anywhere, anytime with PrizeWheel - an on demand game where you can win cash and ticket prizes. - All funds are held with our banking partner Evolve Bank & Trust, Member FDIC. HOW DOES PRIZEPOOL WORK? - PrizePool gives you weekly chances at winning cash prizes just for managing your finances. The more you spend and save with your PrizePool account, the higher your chances get at winning. - Every $1 in your PrizePool account earns you 1 ticket per day (e.g. every $100 saved earns 100 tickets per day and 700 tickets per week). Every $1 spent with your PrizePool Debit earns you 100 tickets. - All of your tickets are automatically entered into our weekly drawing where you get a chance at winning one of 10,000 cash prizes each week. GET REWARDED FOR SPENDING - With a PrizePool Debit Card, you can access liquidity from your savings at any time and get rewarded for spending. - Every $1 spent with your PrizePool debit card will earn you 100 tickets to our weekly cash prize drawing. - Every single purchase made with your PrizePool debit card is eligible to win up to 100% cash back. No daily or lifetime limits! 100% SECURE BANKING - Whether you win a cash prize or not, deposits in your main PrizePool account are guaranteed to earn 4.50% APY on your savings. - Deposits in your main PrizePool account are protected and secured by our partner bank, Evolve Bank & Trust, Member-FDIC, with bank-level security and encryption*** - Applying for a PrizePool account is free, takes less than two minutes, and won't impact your credit score. UNLOCK A 4.50% MINIMUM ROI WITH STACKED - Upgrade to Stacked and earn a minimum of 4.50% on your entire balance, FDIC-insured - Boost your odds of winning cash prizes with double the tickets per $1 saved and spent - Increased chances of winning up to 100% cash back with PrizePool Debit - When your referral wins, you both get 20% of the cash prizes they win! - Unlock all Stacked benefits and perks with a 14-day free trial, after that only $10/mo, billed annually For more information and to view our terms of service, privacy policy, and official rules, please visit https://www.getprizepool.com/ PrizePool, Inc is a technology company and not a bank. Banking services provided by Evolve Bank and Trust, Members FDIC. ## Key features - Earn 4.50% APY on savings - Win weekly cash prizes - 100% cash back on purchases - PrizeWheel on-demand game - FDIC-insured deposits - Referral bonuses ## What do users think of PrizePool? Overall sentiment: neutral **Pros** - 💰 Good returns/APY - 🎉 Fun way to save money - 👍 Easy to use app - 🤝 Great customer service **Cons** - 🔒 Security concerns - 💸 Withdrawal issues - 🕰️ Slow account setup/transfers - 🤔 Lack of transparency **Commonly reported bugs** - Account suspension/lockout issues - Debit card functionality problems **Most requested features** - Ability to change linked bank account - Tax reporting/export features - Community features to share winnings ## Recent user reviews (10 of 106) All indexed reviews: https://appshunter.io/ios/app/prizepool-banking-rewarded/id1522785232/reviews.md ### 1/5 — Stolen money *2024-09-22, version 1.0.167* My entire account was stolen. This is not secure . ### 1/5 — Partner with crappy bank that got hacked *2024-09-04, version 1.0.167* Rewards also turned into completely sucking and now app is shut down, good riddance ### 5/5 — Sad *2024-08-30, version 1.0.167* You have helped me safe money! I will always support you in every way! I’m sorry to see this program close down because everyone here has been so kind and supportive and helpful!!! I appreciate it you guys so much and want to thank you for being so kind!!! I know I don’t know you guys but I hope you all are are successful in your next venture!! You will be missed!!! ### 5/5 — Better rate or return than a savings account *2024-08-27, version 1.0.167* Easy and profitable way to save money ### 5/5 — ❤️ PrizePool *2024-08-09, version 1.0.166* I love your weekly drawing and your daily wheel. I never know what kind of prize I’m gonna get. I was on Facebook or X the other day and someone said that you guys are closing. Is that true? ### 1/5 — Garbage *2024-08-08, version 1.0.166* Can’t do anything in app. Have messaged customer support with absolutely no response ### 1/5 — Don’t risk your identity. *2024-07-12, version 1.0.165* App worked fine for the first few months, I even one a few dollars. But after a while I stopped winning anything entirely, the app stopped functioning entirely, and now my personal info was stolen 👍 do not get this app if you value your personal info ### 1/5 — terrible *2024-07-08, version 1.0.164* horrible ! customer service doesnt even respond ### 5/5 — Love the app!! *2024-07-06, version 1.0.164* Really cool app, didn’t think it would actually help me manage my savings, and stay in control of my spending. ### 5/5 — Fun way to save *2024-06-23, version 1.0.163* Great way to save money & have fun doing it ## Frequently asked questions about PrizePool ### What does PrizePool do? PrizePool is a banking app that rewards users for managing their finances. You can earn interest on your savings, win weekly cash prizes, and get chances for 100% cash back on purchases made with the PrizePool Debit Card. It aims to make everyday financial activities more rewarding. ### How do I earn rewards with PrizePool? You earn rewards by saving money and spending with your PrizePool Debit Card. Every dollar saved earns you tickets daily for weekly cash prize drawings, and every dollar spent earns you 100 tickets. Additionally, using the debit card gives you chances to win up to 100% cash back on any purchase. ### Is PrizePool free to use? The basic PrizePool account is free to open and use, offering a minimum ROI of 4.50% on savings and chances to win cash prizes. There is an optional 'Stacked' upgrade available for a monthly fee, which offers enhanced rewards and benefits. ### Is my money safe with PrizePool? Yes, all funds are held with their banking partner, Evolve Bank & Trust, Member FDIC. Deposits in your main PrizePool account are FDIC-insured, meaning your money is protected up to the standard insurance amount. The app also uses bank-level security and encryption. ### What are the benefits of the 'Stacked' upgrade? The 'Stacked' upgrade provides a guaranteed minimum ROI of 4.50% on your entire balance, doubles your chances of winning cash prizes by giving you more tickets per dollar saved and spent, and increases your odds of winning 100% cash back. It also includes referral bonuses and comes with a 14-day free trial. ## Version history (last 5 releases) ### 1.0.167 — 2024-08-25 Bug fixes ### 1.0.166 — 2024-07-31 Thank you for using PrizePool. In this update we made minor bug fixes and performance improvements. Please send any feedback to support@getprizepool.com ### 1.0.165 — 2024-07-08 Thank you for using PrizePool. In this update we made minor bug fixes and performance improvements. Please send any feedback to support@getprizepool.com ### 1.0.164 — 2024-06-26 Thank you for using PrizePool. In this update we made minor bug fixes and performance improvements. Please send any feedback to support@getprizepool.com ### 1.0.163 — 2024-06-12 Thank you for using PrizePool. In this update we made minor bug fixes and performance improvements. 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User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*