Yotta Savings is a lottery type savings account that currently offers 2.5-3.5% APY. Previously if you referred friends you’d both earn 100 bonus tickets. Now they have different medal tiers for referrals:
- Bronze (requires 0-2 referrals): Earn 100 tickets per referral
- Silver (requires 3-5 referrals): Earn 150 tickets per referral + 300 bonus tickets
- Gold (requires 6-9 referrals): Earn 200 tickets per referral + 600 bonus tickets + 5% extra tickets per week
- Platinum (requires 10+ referrals): Earn 250 tickets per referral + 1,000 bonus tickets + 10% extra tickets per week
If you can hit 10 or more referrals then that would increase the interest rate by 10% (e.g from 2.5% to 2.75%), obviously won’t be possible for most people. Don’t share your referrals in this post, but I’ve reopened the referral post for the next 24 hours or so (make sure to not repost your link there if you’ve already posted). It also doesn’t look like there is any change for people signing up, you still just get 100 bonus tickets.
Hat tip to reader Bill W