Blast Frequently Asked Questions

General

What is Blast?

Blast is a gaming-based savings app that allows gamers to save, earn, and win money while playing new and exciting games.

How does Blast work?

Blast turns gamers into savers. Gamers connect their checking account to Blast with the option to deposit money into their high-yield Blast savings account. Money in a Blast account earns 2% Annual Percentage Yield (APY)(effective September 4th, 2018).

Blast allows gamers to earn Mission Rewards (money given to gamers by Blast) by completing Missions. By completing specific objectives, such as playing a game for a certain amount of time or reaching a certain level, Blast contributes money to help gamers build their Blast savings account.

Gamers can also win money by ranking in a Tier on the Leaderboard. Tier placement is determined weekly by the amount of XP earned.

Is Blast free?

Blast is 100% free to use! There are no hidden fees and no associated fees for deposits and withdrawals. Each transaction must meet the 'available' $5 threshold to be eligible for deposit or withdrawal*.

*There is a 30¢ PayPal Transaction Fee for withdrawals. This fee is subject to change at the discretion of Blast.

Is Blast secure?

Security is our top priority! Blast uses bank-level security with 256-bit encryption to keep gamer’s data locked down and private. All money is FDIC-insured for balances up to $250,000.

Is Blast compatible with all mobile games?

Blast supports almost every game in the Google Play Store. In the near future, Blast plans to support games from the Apple App Store, Steam, and many top PC and console titles.

Account

Changing a Blast Password

Navigate to Settings > Change Password or visit app.blast.com to be emailed with a reset link.

Updating Bank Information

To update a linked checking account, navigate to Banking > Linked Bank > Update Bank.

Email Recovery a for Blast Account

Please email support@blast.com and provide the following: last four digits of the linked checking account and the possible email used to sign up and a support agent follow up to help find the account.

What is the Account tab?

The Account tab details a gamer’s current Blast account balance, pending deposits, and any Mission Rewards that may have been earned.

How much interest does a Blast account earn?

Any money in a gamer’s high-yield Blast savings account earns 2% Annual Percentage Yield (APY) (effective September 4th, 2018). This is reflected monthly on the Blast Account tab.

Closing a Blast Account

To permanently close a Blast account, please email support@blast.com and a Blast agent will assist with the process.

Missions

What is a Mission?

Missions are a fun way to try new games or reach higher levels in existing games. Completing a Mission earns Mission Rewards (money given to gamers by Blast). Mission Rewards are automatically deposited into a high-yield Blast savings account, where the money continues to grow with a 2% Annual Percentage Yield (APY) (effective September 4th, 2018).

Where are Missions located?

Navigate to the Home tab to find New and Active Missions.

How much money is earned by completing Missions?

Mission payouts vary based on the Mission objective. Cash, XP (eXperience Points) or both can be earned for various Missions.

When will new Missions be available?

Blast is actively working on providing more and more Missions for gamers! For now, please refer back to the Home page to check for any new Missions.

Connecting to Blast

Each user must successfully ‘Connect’ to each game via the connect button, located on a game’s Mission screen. Only users who successfully connect before the Mission expires will be eligible to receive Mission Rewards. Unsuccessful connections are likely due to the following reasons: an incompatible device, previously playing the game outside of Blast, operating multiple Blast accounts, operating multiple devices, or a factory reset with a device.

Mission Reward Criteria

In order for gamers to receive Mission Rewards for completing Mission objectives, the following criteria must be met:

  1. Gamers install Missions via the 'Play' button for the specific game and sucessfully connect.
  2. Gamers have not previously installed or played the game on the same device outside of the Blast app.
  3. Gamers only have one Blast account linked to one Blast device.
  4. Gamers start and end each Mission on the same device.
  5. Gamers finish Missions before they expire.

What is XP?

XP (eXperience Points) are points that allow a gamer to rank on the Leaderboard for a chance to win up to $50 weekly.

Earning XP

There are 2 different ways to build a gamer’s total XP:

  1. Blast 'available' high-yield savings account balance - Once a week, gamers are given XP for 'available' money in their Blast account. $1 = 10 XP pts.
  2. Missions - Some Missions will have XP as a part of their rewards.

How does the Leaderboard work?

Compete in the Leaderboard for a chance to win up to $50 weekly by earning a spot in tiers 1-9 on the Leaderboard. The higher a gamer ranks in Tiers 1-9, the larger the payout. Earn XP by completing Missions and by maintaining an 'Available' Blast savings balance.

The Leaderboard cycle refreshes every Sunday at 9pm PDT; rewards are disbursed into gamer’s high-yield Blast savings account right after XP has been calculated.

Deposits

What is a Deposit?

Deposits transfer money from a gamer’s linked checking account into a Blast high-yield savings account. The minimum daily deposit amount is $5 and the maximum is $50.*

*All deposits, regardless of type, cannot exceed a combined daily maximum transfer amount of $100.

Depositing into Blast

Navigate to Banking > Transfer to Blast, and enter the amount of money to transfer.

How long do Deposits take to process?

Deposits take 1-2 business days (weekends and US holidays NOT included) for funds to settle in a high-yield Blast savings account.

Recurring Deposits

What is a Recurring Deposit?

Recurring deposits allow gamers to save specific increments of money on a scheduled basis. Gamers can choose between weekly or monthly intervals by navigating to Banking>Recurring Deposits. The minimum daily deposit amount is $5 and the maximum is $50.*

*All deposits, regardless of type, cannot exceed a combined daily maximum transfer amount of $100.

Setting Up Recurring Deposit

To set up a recurring deposit, navigate to Banking>Transfers>Transfer to Blast. In the top right corner of the screen, select ‘Add’. Next, add the recurring deposit amount and set the schedule to either weekly or monthly. Lastly, select the “Review’ button to confirm your recurring deposit. Weekly recurring deposits transfer every Monday while monthly deposits transfer the 1st of each month.

Cancelling A Recurring Deposit

To cancel a recurring deposit, navigate to Banking>Transfers>Recurring Deposit. Select the recurring deposit and hit the “Delete Recurring Deposit,” button. Please note that any transfers initiated before this action will not be canceled, only all future transfers from the date the recurring deposit was canceled.

Withdrawals

What is a withdrawal?

Withdrawals transfer money from a Blast savings account to a linked checking account or PayPal account. The minimum daily withdrawal amount is $5.

Making withdrawals in Blast

Gamers have 2 options when making a withdrawal from their Blast account: gamers can withdraw to their linked checking account or to a PayPal account. To make a withdrawal, navigate to Banking > Transfer to Your Bank, and enter an amount to transfer (amount must be in ‘available’ balance). Gamers can check on their ‘available’ vs ‘pending’ balance by navigating to the Account tab.

*There is a 30¢ PayPal Transaction Fee; this fee is subject to change at the discretion of Blast.

How long do withdrawals take?

Withdrawals take 4-6 business days (weekends and US holidays NOT included) for money to settle in a PayPal or linked checking account.

Failure to Withdrawal

Reasons why a withdrawal may fail:

  1. A deposit into a Blast account charged back; this means that the requested withdrawal amount exceeded a gamer’s available Blast balance.
  2. A gamer’s checking account was unlinked from Blast; this means that requested money no longer has a final destination - please relink a checking account or PayPal account so the withdrawal can be successfully processed. To do so, navigate to Banking > Link a Bank.

Game-Based Savings

What is Game-Based Savings?

Game-Based Savings (GBS) is a feature that allows a gamer to easily save 1¢ per minute while playing any game on their Android device. GBS deposits must meet a minimum savings of $5+ or accumulate for 10 days to transfer. GBS deposits come from your personal checking account and process within 1-2 business days into your Blast Savings account. GBS deposits cannot exceed $10 within a 7-day period.

GBS is not free money from Blast but your own money being saved into your free Blast savings account that earns 2% APY interest for maintaining an ‘available’ balance.

*All deposits, regardless of type, cannot exceed a combined daily maximum transfer amount of $100.

Game-Based Savings Set Up

  1. Link a checking account to your Blast account via the Banking screen.
  2. Navigate to the Game-Based Savings screen.
  3. Toggle on ‘Allow Game-Based Savings.’

Reminder: Game-Based Savings is not free money from Blast. This is a savings feature that allows a gamer to easily save their own money from a personal bank account into their free Blast savings account that earns 2% APY interest for maintaining an ‘available’ balance.

Game-Based Savings Deactivation

To deactivate Game-Based Savings, toggle off ‘Allow Game-Based Savings,’ to suspend all future savings transfers. All previously initiated deposits will still process within 1-2 business days or after 10 days.