Pros of opening prize-linked savings accountsThe opportunity to win cash. It's an obvious pro: a chance to win money with little effort. Some prize-linked accounts give people more chances to win money the longer they contribute to a savings account. So even if the customer doesn't win a prize, they’ll beef up their savings account in the process. Prize-linked accounts tie the thrill of winning to saving.“If it’s a sweepstakes, you can typically enter without opening a savings account.

Source: Daily Sun January 22, 2021 17:03 UTC