What is the Piggyvest app?
PiggyVest is a savings and investment platform launched in 2016 and is primarily a savings app. Formerly known as Piggy Bank, they rebranded to become PiggyVest in 2019 and also began to offer investment opportunities to users besides savings. It is a platform that wants to give everybody the power to manage and grow their finances better.
How do I start saving on Piggyvest?
To start saving on PiggyVest: Visit the website or download the app to create an account. Set up your withdrawal account details; this is the bank account that funds you withdraw will get sent to. Enter your debit card details to activate your account and then make your first deposit.
How long has Piggyvest been in business?
For 3 years, we offered only savings to our users. Then in April of 2019 we rebranded to “PiggyVest” and began offering direct investment opportunities to users in addition to savings. 4 years on, we have continued to deliver excellent service to our 1,000,000 users and counting, helping them manage their finances with simplicity and transparency.
Is the piggybank wallet right for me?
All of the savings and investment options on Piggyvest are tailored towards a particular need. If you’d like to regularly put away money for your savings and withdraw only once a quarter, then the Piggybank wallet is right for you. You can set it so that money is taken from your account and you don’t have to worry about saving manually.
What are the different types of products offered by Piggyvest?
PiggyVest has a variety of products for investments and savings. The savings part has five features. They include: Piggybank, Safelock, Targets, Flex Naira, and Flex Dollar. 1. Piggybank This is the core online savings aspect of PiggyVest.
How do I Fund my piggybank or target account?
As a user, you can fund your Piggybank, Target, Safelock, Flex Dollar, or Investify using funds in your Flex. The rule here is that you can only withdraw once every ten hours, with a maximum of four withdrawals. Once you exceed this maximum, all accrued interest on Flex savings will be lost. The interest rate on this feature is 10% per annum.
Is it safe to save with Piggyvest?
Saving with PiggyVest is not just safe and secure, but it also disciplines you by giving an option of locking your funds until designated release date.