Ryan Scribner is an angel investor in Yotta.
Yotta, a prize-linked savings account that offers users a chance to win up to $1 million every day, has become quite popular in recent years.
However, with interest rates on the rise, some are wondering if the account is still worth it.
While Yotta does not offer a high yield on deposits, many customers love the app and say it's a fun way to save money.
Many people have claimed to win at least $10 since opening their account, which can be a fun and exciting experience.
But, the biggest customer complaint about Yotta is that users can earn more interest consistently with a high-yield savings account.
For those looking to earn the maximum rate of interest on their cash, a high-yield savings account will most likely do this for them.
However, for those who are opportunistic and love the chance of a big win, Yotta may be worth it.
Users should also consider whether or not Yotta helps them spend less money on gambling or other gaming activities, which can be a significant factor in determining the value of the account.
Ultimately, whether or not Yotta is worth it depends on the individual and their goals. If your goal is to win big and have a fun way to save money, Yotta may be a perfect option.
If you're looking for a consistent high yield on your deposits, then you may want to look into other options.
Be sure to read our full Yotta review here for more info!
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.