Piggyvest Review: How To Save, Earn & Invest Money With Piggyvest.
Do you always spend your money unnecessary? Worry no more because piggyvest is here to help you. You can save, earn and invest with piggyvest, all you need is to register. Therefore, in this article I’ll review and detail out everything you need to know about piggyvest
What is Piggyvest?
Piggyvest is the largest single online saving & investment platform in Nigeria
>Do You Want To Receive Update As Soon As We Publish? join our Telegram Channel stay updated with the latest headlines--CLICK HERE
Piggyvest formally known as piggybank helps you save and secure your money, in a lock safe. This is to avoid you from touching your money.
PiggyVest helps you achieve financial freedom by enabling you save responsibly and invest on the go. Earn 10% – 15.5% interests on savings. Earn over 25% return on investments.
Piggyvest also gives out bonus depending on how you save money. Their bonuses comes every time you save. The higher you save the higher bonus you earn.
With as little as ₦1,000, you can now also truly invest on PiggyVest in areas that really appeal to you, like agriculture, real-estate, transportation, even commercial papers, and earn as much as 100% return on your capital, depending on the investment type/project, investment duration.
You can also earn ₦1000 from referring people with your referral link. The person you referred will also earn ₦1000
Is piggyvest safe & secured?
Piggyvest is secured and your money is safe and secured.
Below are reasons why Piggyvest is safe and legit.
- Piggvest is registered with piggyTech Global company Limited.
- Initially they operated in partnership with 2 Microfinance banks and used their licenses. But now they have acquired Gold Microfinance bank and its license. Which means they are licensed financial firm.
- All financial information is encrypted and stored to PCIDSS Level 1 compliant standards. PCIDSS Level 1 compliance is a set of rules stated by credit card companies and audited by an independent third party.
- They have a head office which is located at Tesmot House, 3 Abdulrahman Okene Close, off Ligali Ayorinde, Victoria Island, Lagos.
- All saved funds 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 do I withdraw my money?
Piggyvest has months in which you can withdraw your money for free, (no charges) and these months are.
- 31st March
- 30th June
- 30th September
- 31st December
Withdrawing saved funds on Piggyvest is absolutely FREE but works by dates. You have the choice of setting your own custom withdrawal dates or going by Piggyvest’s withdrawal dates. Any withdrawal initiated outside the withdrawal date attracts 5% breaking fee.
Piggyvest also has quick safe features. In this feature, you can set the amount of money you want to save, either daily or weekly. The exact amount will be debited from your bank account straight to your piggyvest Account.
For example: If you set, ₦2000 daily autosave. ₦2000 will be debited from your bank account into your piggyvest account.
What Are The Features Of Piggyvest.
On the App, You can select any amount of money you want to save; the money will be debited from your account and kept in a safe account until you are ready to use the money. You will set the days of withdrawal in a year.
Any withdrawal initiated outside the withdrawal day will attract a 5% charge. This is to help you maintain the saving culture.
AutoSave, PiggyVest (Piggybank.ng) automatically debit a fixed amount of money (as set by the user) from a user’s debit card. Auto-debits period can be customized to be daily, weekly, or monthly.
Piggyvest autosave is a feature that allows you to set a specific amount of money you want to save, either weekly or monthly. The exact amount will be debited from your bank account straight to your piggyvest account.
Example: If you set, ₦1000 daily autosave. ₦1000 will be debited from your bank account into your piggyvest account.
Note: You can also turn off this feature, just incase you don’t need it
This feature can help you save periodically like daily, weekly or monthly. Imagine saving ₦200 daily, by month end you have ₦6,000 sitting somewhere waiting for you plus interest. If you continue like that, by end of year, you will have about ₦72000. What a nice way to end the year.
Thus you select how much you want to save and select the frequency whether daily or weekly. If you don’t have money on a particular day, no worries. It will just skip that day.
SafeLock is actually what makes piggyVest the best digital saving platform in Nigeria. See it is a short-term investment sub-product within the app which allows you earn money for —wait for it— saving money.
Sometimes you want to save money for a particular purpose like buying a new phone but after sometime when hunger strikes, you discover you have eaten like half of the money.
SafeLock enables you to lock away some part of your savings till a particular day so that you won’t have access to the money or be tempted to touch the money till that day and you will be paid up to 12% as interest. You should definitely try it.
You can have more than one SafeLock; and you can give them different names (purposes) too.
Example: You can have a SafeLock for your Fees, Wedding; Birthday; Vacation etc.
Upon maturity, all funds that you have put in Safelock will be sent to your Flex Naira wallet (with interest included).
Target savings Also called Savings Challenge. Unlike Safelock where you just save for a particular purpose by yourself, target saving helps you and others save for a common interest.
Each of you from the PiggyVest app can be saving collectively into a central place until you reach your target and you will be paid plus the accrued interest.
The Flex Account or flex naira wallet is where all interests from your saving plans and targets are paid by piggyvest. Earnings from this account can be withdrawn anytime and likewise, transferred to other saving plans.
PiggyVest just added an investment feature where you can invest in agriculture, production and industries right from the app.
Currently there is an ongoing Rice farm investment where you invest a certain amount that will be used to farm rice and you will be paid back after 9 months with 20% interest.
Flex Dollar Wallet.
Piggyvest just introduced flex dollar wallet, where you can save in dollars and earn, transfer to friends in dollars, convert dollars to naira, transfer to bank in dollars to your domiciliary bank account for a small fee.
flex dollar wallet helps you protect your money from devaluation, save, invest and transfer in dollars. It helps you take control in dollars, you decide to transfer, withdraw in dollars or even convert back to naira at your own convenience.
You can get upto 7.0% per annum on your dollars for just sitting on your flex dollar wallet.
No penalties involved. You do not pay any penalties on your transfers, funding & withdrawals of your dollar amount.
So what are you waiting for?
Click Here through our referral link to sign up with piggyvest and earn free ₦1000, and start investing and saving.
Note: If you don’t register through someone’s referral link you won’t earn a dime. You’ll only earn ₦1000 only when you register through someone’s referral link and complete all necessary registration steps.
You can also click Here to download piggyvest app from Google play store. Don’t worry the app is very light, and won’t cost you more than 5-6 MB
It isn’t necessarily compulsory that you must download piggyvest app before you can enjoy their services, you can run your piggyvest daily savings and investments and earn your bonuses on their official website without using their app.
After registration, You have to redeem your free ₦1000, but before that happens, you have to be a valid user.
How Do I Become A Valid Piggvest User & Redeem My Free ₦1000.
To become a valid user and redeem your free ₦1000 follow the steps below
- Step 1: You have to redeem your free ₦1000 by linking your Bank BVN number with your piggyvest account and fund your flex naira wallet with at least ₦100 via a direct bank transfer.
- Step 2: Fund two of your savings wallet with at least ₦1000 each via a direct bank transfer. These two saving wallets are your Piggybank Savings wallet and Safelock wallet.
Example: After linking your bank BVN number with your Piggyvest Account, this will automatically unlock your flex naira account number. Proceed ahead to fund your flex naira wallet with ₦100.
After successfully funding your flex naira wallet, the next approach is to fund two of your savings wallet with ₦1000 each. And as meantioned above these two Savings wallet are your Piggybank Savings wallet & Safelock wallet
This goes down to a total of ₦2,100.
Once all of these have been done, referral bonuses will be unlocked and sent to your flex account at the maturity date. (Which is 10 days)
These steps is to prove your registration is valid and authentic.
Feel free to navigate through your account and get used to it.
To access your account, by updating your profile, adding your BVN, verifying your email etc, you have to click on accounts.
This will give you full access to your account.
My Account Settings: You set up your personal details, such as; updating your profile, notification settings, next of kin settings, password settings, and BVN settings.
Verify Your Email: Here you verify your email address.
Add Your BVN: Here you add your bank BVN number. To comfirm your identity on Piggyvest, you need to connect your BVN number, this does not give piggyvest any access to your bank information or balances.
Connecting your BVN with your piggyvest account enables piggyvest to comfirm your identity (real name, phone number, & date of birth) from your bank.
Refer & Earn ₦1000: This is where you’ll get your referral link and share it to family and friends. Anyone who registers with your referral link earns ₦1000, while you also earn ₦1000. This fee will be earned when the person you referred must have successfully completed all the necessary registration steps.
Withdraw: This is where you’ll withdraw your funds or initiate a withdrawal. Remember piggyvest has days of withdrawal which I have already stated above. Any withdrawal outside the withdrawal date attracts 5% breaking fee.
My Card & Bank Settings: This is where you’ll add your debit card serial number (either verve, master card or visa). You will also add your account number and other details required. This is where funds you have saved and bonuses you have earned on Piggyvest will be sent to when you initiate a withdrawal. Funds are sent instantly.
Note: Your bank details required from you are all secured and protected by piggyvest and will never be disclosed to a third party. Your bank details required by piggyvest is just to comfirm your identity and authenticity.
Remember, money is like a magnet it attracts more money especially when a wise man is involved. Save and invest wisely with piggyvest and enjoy more money.
__________________________________________________________________________ >COPYRIGHT WARNING!!
Contents on this website should not be Copied,Republished, Reproduced and/or Redistributed either in whole or in part without proper/Adequate permission or acknowledgment. All contents are DMCA Protected. Defaulters will face the penalty immediately if discovered by reporting to Google!
If you own this content & believe your copyright was violated or infringed, please contact us at [firstname.lastname@example.org] to file a complaint and we will take necessary actions immediately.