Latest News / Billinero Awards $1,000 Monthly Prize to Small Business Owner Impacted by Economic Downturn
Billinero Savings App Awards $1,000 Monthly Prize to Small Business Owner Impacted by Economic Downturn
May 12, 2020
Billinero, a digital savings app with cash incentives, awarded its $1,000 monthly prize to Doug Macgilpin of West Hartford, Conn. The East Coast-based dentist said the prize couldn’t have come at a better time for he and his family.
“My business has been closed for the past several weeks due to the lockdown,” Macgilpin explained. “My family has no income because of the pandemic, and this news has been such a bright spot for us. Every little bit helps right now.”
Save for the Win!
Billinero encourages Americans to develop good savings habits by adding the incentive of winning cash prizes. The app, where users can earn entries into cash prize drawings for making qualifying deposits, has awarded $39,000 in prizes since launching last fall.
“Even though times are tough for us, we were still able to save a little bit with Billinero, and I’m really glad I did. I turned $25 into $1,000 by saving my own money,” Macgilpin said. “We are going to use it to help supplement our lost income right now, and we look forward to using Billinero to help us build our savings again.”
Chris Campbell, Executive Vice President of Billinero, said the app is designed to help Americans save their money for emergencies such as job loss, unexpected bills, or other costly issues that pop-up.
Savings That’s Fun!
“Billinero is a tool and a resource to get America saving regularly,” Campbell said. “Our users have shown that they are able to develop those good savings habits by re-prioritizing their spending. It’s a savings app with a chance to win cash!”
Billinero’s next quarterly drawing of at least $10,000 is happening on July 1, 2020. Users who are currently making qualifying deposits into their accounts can earn entries to win.
For more information about Billinero, go to billinero.com/.