{"id":2768,"date":"2025-09-04T21:28:10","date_gmt":"2025-09-04T21:28:10","guid":{"rendered":"https:\/\/www.sprucemoney.com\/resource-center\/?p=2768"},"modified":"2025-09-04T21:28:12","modified_gmt":"2025-09-04T21:28:12","slug":"saving-surge-sweeps-announcement","status":"publish","type":"post","link":"https:\/\/www.sprucemoney.com\/resource-center\/news\/press-releases\/saving-surge-sweeps-announcement\/","title":{"rendered":"Spruce Launches Saving Surge Sweepstakes Encouraging Customers to Build Better Financial Habits and Awarding Nearly $5,000 in Total Prizes"},"content":{"rendered":"\n

Inaugural initiative empowers long-term financial stability through mindful saving for smart money management<\/em><\/p>\n\n\n\n

Kansas City, MO. (Sept. 4, 2025)<\/strong> \u2013 In response to the growing number of Americans struggling with financial health, Spruce, the mobile banking app built by H&R Block,1<\/sup> announced today the launch of its Saving Surge Sweepstakes2<\/sup>. Saving Surge is a six-month initiative designed to reward and encourage consistent saving habits while giving people the chance to win their piece of nearly $5,000.<\/p>\n\n\n\n

With 70% of Americans identified as financially coping or vulnerable by the Financial Health Network,3<\/sup> there is a clear need for innovative tools that help make money management simple and effective. Organized in partnership with national nonprofit, Commonwealth, which builds financial security and opportunity for financially vulnerable people and pioneered prize-linked savings in the U.S., the Saving Surge Sweepstakes is more than a contest \u2014 it is a movement to help Americans take control of their financial futures, starting with saving money.<\/p>\n\n\n\n

Beginning today through Feb. 28, 2026, Spruce customers can earn up to five entries each month by completing simple saving actions, such as setting up auto-transfers or depositing money in $10 increments into their Spruce Savings Account. Each month, four winners will be randomly selected \u2014 one to receive a $500 prize and three additional winners receiving $100 \u2014 directly deposited into their savings account.<\/p>\n\n\n\n

By encouraging small, consistent behaviors, Spruce is helping customers shift their mindset, grow their savings, and build long-term financial confidence.<\/p>\n\n\n\n

\u201cThe team behind Spruce believes that saving money is one of the most important steps toward being financially healthy and growing wealth,\u201d said John Thompson, Vice President of Financial Services, Spruce. \u201cThe Saving Surge Sweepstakes offers a fresh, engaging way to show our customers how they can build better saving habits, one deposit at a time.\u201d<\/p>\n\n\n\n

As part of Spruce\u2019s ongoing commitment to helping customers build long-term financial security, the Saving Surge Sweepstakes complements the easy-to-use features and tools in the Spruce app such as the Watchlist Budget Tracker<\/a>, and a Savings account plus two Spruce saving goals that can all earn a high-yield 3.50% APY4<\/sup> (after opting in). These features reinforce positive financial behaviors and help make managing finances simpler and more accessible without the barriers often found on other platforms.<\/p>\n\n\n\n

“We\u2019ve seen that when people have access to engaging tools and incentives, they\u2019re empowered to make meaningful progress toward their financial goals,\u201d said Commonwealth CEO Timothy Flacke. \u201cWe\u2019re thrilled to collaborate with Spruce by H&R Block through our partnership in BlackRock\u2019s Emergency Savings Initiative (ESI), which elevates awareness of the emergency savings crisis in the U.S. Spruce\u2019s Saving Surge Sweepstakes not only specifically encourages consistent saving behaviors, it also leverages Spruce\u2019s other financial tools to make the process of saving exciting and rewarding.\u201d

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How to Participate <\/strong><\/strong><\/h2>\n\n\n\n