Prize-Linked Savings

Get paid more on your savings plus the chance to win up to $10 million every week. Users have already won over $3.5 million.

WHAT IS IT?

Inspired by Premium Bonds and Freakonomics, Yotta offers Prize-Linked Savings Accounts to encourage our users to save more. Not only do we pay more than double the national average rate on your savings as a baseline, we also pool a portion of the interest and pay it out in weekly sweepstakes (sometimes called a "no-loss lottery") with prizes ranging from 10 cents to $10 million.

We're able to do this by being a lean, digital-first bank without big offices or branches. And despite this, we still offer everything you expect from a first-class banking experience.

FDIC INSURED

Your funds with Yotta are held by our banking partner Evolve Bank & Trust, Member FDIC and are eligible for protection up to $250,000.

NO FEES

Yotta is free to use. No monthly fees or processing fees. As long as you have more than $5 in your account, you're good.

RECURRING DEPOSITS

Schedule recurring deposits to grow your savings and get more chances to win. To really take advantage of Yotta's features, you can divvy up your deposits into buckets to make budgeting a breeze.

MOBILE CHECK DEPOSIT

Snap a couple pics, get your money & get tickets. Like the big banks, but better.

BILL PAY

Pay your bills electronically through the app or have checks mailed on your behalf. Easy breezy.

Open an Account in 2 minutes

We know your time is valuable. And we like to get to the fun part fast.

Pssst... for even more rewards and better chances at winning, setup

Direct Deposit

Double your chances at a Lucky Swipe free puchase, earn bonus tickets on paychecks, and more.

You can't lose

Savings Reward
Prizes
0.20% + prize value
Weekly $0.01 - $10 million
Interest
Prizes
WELLS FARGO
0.01%
$0
0.01%
$0
0.04%
$0
0.03%
$0
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