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How do you enter the prize draw on the Prize Savings Account?

Ryan avatar
Written by Ryan
Updated this week

Each month you will be entered into the prize draw provided you have an average balance of £100 or above in the Prize Savings Account (and have not opted out).

Every full £10 of average balance = one entry.

The average balance you have on 11:59pm on the last day of the calendar month is what gets counted as your entries.

For example, if you have an average balance of £100 on 11:59pm on the last day of the calendar month you’d get 10 entries each calendar month (unless you opt out).

If your average balance drops below £100, and remains at that level at the end of the calendar month, you’d have 0 entries in that month’s prize draw (if you choose to opt out of the draw, you’ll have 0 entries, regardless of your balance).

Note – from 1 December 2025 we will change the minimum average balance requirement from £100 to £10.

Need further help?

If you have any further questions, please get in touch with our support team using the in-app chat. This can be found in the Contact Us section on the Profile tab.

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