Once upon a time, I woke up one early morning i was meditating and contemplating on how to start saving little money for future use, so a friend of mine recommended a microfinance bank as a way of saving money, i tried with them but guess what, I was disappointed in the end and my hard earned money was lost.
So I decided to try saving with banks. My money was save, but i couldn’t save as much as i wanted with them, because any little issues I had, I rushed straight to the bank/ATM machine to withdraw some money.
One day, I decided that the best way to save money is to destroy my ATM debit card so that I can’t withdraw again. But still yet, the introduction of mobile/internet transfers didn’t help but make things worse, any little issues that arise, I will initiate a transaction via my mobile phone and at the end of the year, I couldn’t save as much as I wanted.
So I was frustrated and confused until one day when i was surfing the web, I found out that their is this online platform called piggyvest – formerly piggybank, that allows you to to save and Invest money periodically (daily, weekly or monthly) towards a specific savings target or lock away money for a specific period of time and also earn up to 10% interest without any charges and other bonuses. And since then, I was able to save money at last without touching it.
So in this article, am going to:
- Explain what piggyvest is all about
- How Safe piggyvest is
- How It works
- Reasons to trust Piggyvest
- How To start saving
- How save are your bank/debit card details
- How To invest
- Interest rate
- How To Withdraw
- Contact form
- Conclusion
Piggyvest Nigeria
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Piggybank Nigeria is now Piggyvest
Piggybank(Piggyvest) users can save and Invest billions of naira every month that they would probably be tempted to spend badly.
How Secured is Piggyvest?
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Piggyvest: How it Works
- Target/Group Savings – It is suitable for short term savings because it allows you to save consistently towards a particular financial goal such as rent, vacation, weeding, buying a new car and even towards starting your a business with target savings and earn interest while at it. You can invite your friends and make it a fun challenge.
- SafeLuck – It allows you to decide when you want to withdraw your money and you will be locked out of your money till your desired date which you fixed and you earn up to 15% interest per annum, usually paid up front while on SafeLuck. That is, SafeLuck is a fixed savings options.
- Auto Save – this feature permit you to set auto debits from your debit card to your piggyvest savings automatically until you reach your target. You can set it to daily, weekly or monthly and you can also set the amount and the exact time you want the funds to leave your bank account to piggyVest wallet
- Piggybank Wallet/Savings – piggybank Wallet are for those who constantly likes to put away money for their savings and Withdraw only once a quarter. You can set it so that money is taken from your bank account so that you don’t have to worry again about saving manually.
- Quick Save – this option basically allows you to add more funds to your piggybank savings. Eg. If you set N5,000 daily and you miss a day or two, you can use the quick save option to deposit N10,000 or N15,000 at once. This is to ensure you meet up with your savings target.
Why Choose Piggyvest in Nigeria?
- Piggyvest is a registered cooperative platform under piggyTech cooperative multipurpose society limited with a registration number 16555
- As piggybank.ng, they operated in partnership with 2 microfinance banks in Nigeria and used their licenses
- In early 2018, piggyvest purchase Gold microfinance bank limited license by the central bank of Nigeria (CBN)
- All saved funds (money) are warehoused with and managed by AIICO capital, the leading asset management company in Nigeria, registered and licensed by the securities and exchange commission (SEC).
How To Save Money On piggyVest Platfor
- Visit the piggyvest web portal Here
- Sign in if you already has an account or click on the “create an account” to sign up
- Enter your personal details such as your name, password, bank details and so on
- You can choose to only save between N50 – N25,000 daily, N1,000 – N100,000 weekly or N3,000 – N500,000 monthly
- To activate your piggyvest account, enter your debit card details and make your first deposit (visa card, master card or verve card from any bank in Nigeria are accepted)
- Now, make use of any of the savings plan listed above and choose either daily, weekly or monthly plan.
How Safe Are My Bank Details Secured While Using Piggyvest.com
How To Invest Money On piggyVest Nigeria
To invest money on the piggyvest app/website, follow this tutorial:
- Visit the piggyvest web portal Here
- Sign in if you already has an account or click on the “create an account” to sign up
- Enter your personal details such as your name, password, bank details and so on
- Navigate to investify or click on “invest for the future” option
- Review all the investment opportunities that is being displayed for you and their interest rate
- Select any one that suits your taste
- Follow the rules and start investing on Piggyvest.
Piggyvest Interest Rate
- You earn 10% per annum on any investment rendered by you on piggybank
- You earn up to 15.5% per annum on any investment rendered by you on SafeLuck
- You earn 10% per annum on Flex
- 10% per annum on Target
- Up to 25% on Investify
- 7% per son Flex Dollar.
Piggyvest Reviews 2020
How To Withdraw Your Earnings On Piggyvest Nigeria
- Login to your piggyvest account and click on “withdrawal”
- Fill in your bank details
- Click on the”Withdraw” tab on your dashboard
- Enter amount of money you want to withdraw
- Receive your funds within 3 working days directly to the bank account you provided
Piggyvest Contact Form
Head office at Testmot House, 3 Abdulrahman Okene Close, Off Ligali Ayorinde Victoria Island, Lagos Nigeria.
Conclusion
Piggyvest is now called piggyvest, it is a savings and investment platform in Nigeria that allows you to save money and also earn interest while doing so. It also allows you to invest through the investify option.