Imagine you won $10,000. What would you do with it? Would you buy that new TV you’ve been eyeing and have one heck of a shopping spree for a new wardrobe? Or would you pay down your credit card or loan debt?
The former seems more fun, but using the money to pay down your debts first could actually make your money go further. In fact, you could turn that $10,000 into thousands more! That’s because by paying down your debts, you could significantly improve your credit utilization, which makes up about 35% of your credit score. This is important because lowering your utilization—also known as your credit card balances—could help skyrocket your score, which would open you up for more lending opportunities and lower interest rates.
In a nutshell, this $10,000 could translate into an approval for a house or save you thousands of dollars in interest rates on a new car.
How you would win $10,000 in your
You could win $10,000 just by using your Sesame Cash card. Our mobile account is free and does more than just save you money on fees (no overdraft or minimum balance!) and gives you the option for early pay day1–you can also get instant cash back offers2, daily credit score refreshes3, and up to $100 per month for improving your credit score4.
To enter, sign up for Sesame Cash (if you don’t have one already!) and deposit $25 into your account. That’s it! From there, every transaction you make with your Sesame Cash debit card is another entry. Visit our official contest page to learn more.
We’ve already given away $20,000 and have $20,000 more to give away
So far we’ve given over $20,000 in prizes to lucky Sesame Cash winners. We still have to give away $20,000 more. The Sesame Cash Sweepstakes is still open until June 30th, 2021, so get your entries in today! If you already have an account and have deposited $25, simply keep transacting to gain eligible entries.