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Author Archives for Franklyn Chien

Is a High-Yield Savings Account Worth It?

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July 19, 2021 9:12 pm | Leave your thoughts


Coins spilling out of a jar

Nearly every bank pays you interest when you deposit your cash with them. Yay for free money! Well, don’t get too excited. Did you know that the national average interest rate for a savings account is around 0.06 percent, according to the FDIC? For example, if you deposited $1,000 into a savings account that earns...

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Saving Bonus of 0.30%

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March 30, 2021 6:06 pm | Leave your thoughts



We heard from a lot of you and we’re excited to share that in addition to all of the prizes that we offer today, we are also adding a monthly Saving bonus of 0.30%*! Saving Bonus of 0.30% starting in April  The Saving bonus of 0.30% will be in addition to any prizes that you win!...

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March 2021 Updates

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March 5, 2021 3:09 am | Leave your thoughts



We’re excited to share all of the new features and updates that are coming this month! To take advantage of all of these features, please update the app to the latest version! New Look and Feel As of today, we just released our new look and feel of the app! Hopefully this makes using the...

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Weekly Drawings Starting on 12/1/2020

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November 23, 2020 10:13 pm | 1 Comment



We’re excited to announce that PrizePool is moving to a weekly drawing format starting on December 1st, 2020! We’ve heard from a lot of you that you wanted more drawings so we’re happy to provide you more ways to win throughout the month. With the change to Weekly Drawings, here are the key takeaways: 1)...

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Our $4.25m Seed

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August 27, 2020 4:36 pm | Leave your thoughts



Ups the Game on Boring, Low-Interest Savings with Guaranteed Prize Money Every Month and Referral Program so Customers Save and Win with Friends and Family SAN FRANCISCO, August 27, 2020 — A majority of Americans are at financial risk and the need for the security of savings is even more evident during this year. PrizePool...

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