At their introduction in 2021, WTA 250 tournaments' prize money was approximately $250,000. As of 2024, this has risen to approximately $267,082.
The ranking points awarded to the winners of these tournaments are 250. This compares to 2,000 points for winning a Grand Slam tournament ("Major"), up to 1,500 points for winning the WTA Finals, 1000 points for winning a WTA 1000 tournament, and 500 for winning a WTA 500 tournament.[3]