FAQ Category: Save to Win Savings Account
What does APY mean?
APY stands for Annual Percentage Yield. It is a measure of the total amount of interest earned on an account based on the interest rate and the frequency of compounding over a year. APY is a useful metric for comparing the annual earnings on different...
Continue ReadingIs there a fee to participate in the Save to Win® Savings Account?
No, there is no fee to participate in the Save to Win® Savings Account. You simply save money and earn chances to...
Continue ReadingHow much do I need to open a Save to Win® Savings Account?
You can open a Save to Win® Savings Account with $0. However, to earn entries into prize drawings, you must deposit at least $25 into your account. The more you save, the better your chances to...
Continue ReadingWhat prizes can I win with a Save to Win® Savings Account?
Prizes include monthly cash drawings ($100, $50, and $25), quarterly drawings for $1,000, and an annual grand prize. You can have up to 537 chances to win every...
Continue ReadingHow do I enter to win prizes with a Save to Win® Savings Account?
Each time you add $25 to your Save to Win® Savings Account, you earn one entry into the prize drawings. The more you save, the more entries you earn, increasing your chances of...
Continue ReadingWhat is a Save to Win® Savings Account?
A Save to Win® Savings Account allows you to save money and enter for a chance to win cash prizes. For every $25 you save in the account, you earn one entry into monthly, quarterly, and annual prize drawings. The more you save, the better your chances...
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