Challenger bank Revolut has begun a weekly lottery to boost customer loyalty.
In Brief:
Customers can gain points by using Revolut.
This includes making transactions, referrals and money transfers.
These points give customers the chance to enter a weekly prize draw.
What does this mean?
Revolut says prizes will be worth up to £10,000 and it intends to give away a total of £250,000 in just four weeks. It says that this is a method of “rewarding” customers for using the platform – and may help it to stand out in an increasingly competitive market.
