Billinero marks $40,000 in cash prizes awarded to savings app users

By: Contributor Last Updated: June 9, 2020

Billinero, an app-based savings account that awards cash prizes in monthly and quarterly drawings, has named Joe Rado of Zionsville, Ind., as its monthly $1,000 winner.

Rado said he began using Billinero as an easy way to start a savings account for his 5-year-old son. He said he has been saving just $25 a week since downloading Billinero last fall, and the app appealed most to him because saving a small amount at a time was within reach. “My wife and I are teaching our son about the importance of saving, and the app makes that really easy and fun,” Rado said.

“My wife and I are teaching our son about the importance of saving, and the app makes that really easy and fun,” Rado said.

Rado, who works as a retail store manager for a leading technology company, said he likes using Billinero because it makes saving easy.

“I’m saving around $100 a month for my son’s future and I’m not even missing it,” Rado explained. “By saving $25 a week—the equivalent of one or two lunches or a to-go cup of coffee—I’ll be able to save about $1,300 a year. I set it and forget it—so I’m slowly building a savings account and earning chances to win cash.”

Chris Campbell, Executive Vice President of Billinero, said it’s been thrilling to award cash prizes totaling $40,000 to 13 winners since the app’s launch last summer. 

“Billinero makes saving easy, but also fun and rewarding,” Campbell said. “When you make a qualifying deposit into your Billinero savings account, you automatically earn chances to win cash prizes. That’s the best part about Billinero—watching people get saving again and getting excited to win cash.”

For more information about Billinero, go to Billinero.com. For more information about Centier Bank, go to centier.com. 

About Billinero™

Billinero™ is a mobile application that was launched in August 2019 by Centier Bank. The digital-only, prize-linked savings account has a game-like approach, offering customers the opportunity to win cash prizes of $1,000 monthly and at least $10,000 quarterly while also increasing their financial savings. The application is currently available to users who reside in Arkansas, Connecticut, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, Oregon, South Carolina, or Virginia. For more information on Billinero™, go to http://www.billinero.com. Member FDIC.