Centier Bank’s prize-linked savings account, Billinero, has named Gina Boersma of Crown Point, Ind., and Michael Rebey of Crown Point, Ind., as the monthly and quarterly $1,000 drawing winners, respectively.
The savings account awards cash prizes in monthly and quarterly drawings to select users and is designed to develop and strengthen the habit of saving money. With each qualifying deposit, users earn an entry into the monthly drawing, and for every three qualifying deposits they make, they earn an entry into the quarterly drawing.
Rebey said he began using Billinero a few years ago as a way to build an emergency fund.
“I was just saving in general with no plans on spending it,” Rebey explained. “Now I have some home renovations that have come up and I’m going to be using some of the money I saved—and won—with Billinero to help. It pays to save!”
Boersma, who is a foster parent to four children, was thrilled to hear her name was selected in the monthly drawing.
“I can’t believe it,” Boersma said. “You hear about the winners all the time, but you never think it’ll be you. This will help offset the holiday spending we did to create a magical Christmas for the kids.”
Chris Campbell, Centier Bank President, congratulates the winners and hopes their stories will inspire others to begin their own savings journey with Billinero.
"Saving money becomes fun when you have the chance to win an extra $1,000,” Campbell said. “That’s what has motivated many of our Billinero savers to keep adding to their accounts each week, and they’re benefitting by growing their savings.”
Billinero’s next $1,000 monthly and quarterly drawing is taking place Jan. 31, 2024. Users who are interested in opening an account to earn chances to win can go to centier.com/billinero.