All Collections
About PrizePool
New FDIC Insurance Maximum of $500k!
New FDIC Insurance Maximum of $500k!

Your PrizePool funds are FDIC Insured up to $500k

Suki avatar
Written by Suki
Updated over a week ago

We have exciting news to share! Your savings with PrizePool are now FDIC-Insured up to $500K by our partner banks.*

This increased limit begins immediately, by continuing to use the app, you agree to the updated Customer Account and Cardholder Agreement which reflects this update.

Are you still earning less on your cash compared to a traditional bank account? Check out PrizePool Stacked, where Stacked users on average have been earning an impressive 6.5% (YMMV).

Questions? We're here to help. Visit the help center or contact us in the app.

*Banking services and FDIC Insurance coverage provided by Evolve Bank & Trust, Member FDIC.

Did this answer your question?