Centier Bank’s prize-linked savings account, Billinero, has named Barbra Hall of Valparaiso, Ind., as the monthly $1,000 drawing winner.
The savings account awards cash prizes in monthly and quarterly drawings to select users, and is designed to help develop 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.
Hall said she began using Billinero a few years ago when it launched and was being promoted in her local Centier Bank branch in Downtown Valparaiso, Ind. Hall has watched with excitement as her savings account has steadily grown in that time and was surprised to hear her name was selected in the quarterly drawing.
“I began using Billinero because it seemed like an interesting concept,” she said. “I have been hoping my name would be drawn for so many years, and now I have some extra money to spend this Christmas!”
Chris Campbell, Centier Bank President, said the savings account was designed to encourage users to become financially well and ease the burden financial stress can cause.
"We know financial stress can increase over the holidays," Campbell said. "We’re really glad to see how saving has helped make Barbra’s Christmas even brighter!"
Billinero’s next $1,000 monthly and quarterly drawing is taking place Dec. 31, 2023. Users who are interested in opening an account to earn chances to win can go to centier.com/billinero.