Billinero, an app-based savings account that awards cash prizes in monthly and quarterly drawings to select users, has named Michele Pickering of Portage, Ind., as its monthly winner.
Pickering said the news comes at the perfect time, since she just bought a new car. She’s also saving toward taking a trip with her friends and family to celebrate her 40th birthday at the end of this year.
“I have been using Billinero to save toward different goals and it’s paid off, I feel really lucky!” Pickering said. “It’s a great way to hold yourself accountable toward saving, because you deposit the money into your Billinero account and pretend it isn’t even there until you need it for an emergency or until you’ve reached your goal.”
Chris Campbell, Executive Vice President of Billinero, said savers like Pickering are maximizing the benefits of the savings account app.
“Michele and so many others are using their Billinero account to save toward a specific goal, and that’s the way to do it,” Campbell said. “Some users have the account set up for an emergency fund, or as savings account for their child. Having multiple savings accounts has actually been proven to be an effective and helpful way to reach your money goals.”
Billinero’s next $1,000 monthly drawing is May 31, and the next $10,000 quarterly drawing is June 30. For more information about Billinero, go to billinero.com.