Okay, many of you might have heard of this new FinTech Bank called Yotta. It is currently a tech app on the apple app store and android Play Stores. Basically it is a bank that enters you in drawings for a chance to win 10,000,000 dollars.
How do you get entry tickets?
Simple, For every $25 dollars you save in your Yotta Bank account you get 1 ticket. There are also Referral programs to earn you extra bucks. We’ll both get 100 tickets to win up to $10,000,000 when you download Yotta Savings! Just sign up with code SHADY3 or tap this link: https://withyotta.page.link/LY1uEPiz1ctNDmKP9
What are the limitations?
Yotta Bank is FDIC insured so that means that you will be insured up to $250,000 in your account in case anything happens, heck maybe someone wins the 10 million too early and they do not have enough to fund the continuation of the service
There are also limits on deposits of 10k a month, and withdrawals as well. So do not expect for fast large sum transactions . They need to have some time to sit in the account.
Not to worry though this bank is not a new model. In the UK they are already doing this and almost 30% of nationals use a certain bank that offers prizes in the same fashion as Yotta. So it is a tried and true and likable banking system
What is the APY on this?
APY rate of a standard .20 but add in the prizes and it is a 1.2-2% roughly active rates. Which is not bad.
In conclusion I think this is going to be a great way for the new generation to start saving up money. and it will definitely be profitable for some. Please Use my referral code SHADY3 so I can make some extra savings! 🙂 Or use this sign up link: https://withyotta.page.link/LY1uEPiz1ctNDmKP9