Yes, you can!

Note: This can be used as proof of funds

To get your Piggyvest statement of account, please log into your Piggyvest app and click on 'Account', select 'Generate Account Statement' and follow the prompt. 

You can also send an email to [email protected] stating your registered email address and the preferred duration of your statement of account.

A well-detailed, signed, and stamped statement of account will be automatically generated to you from the app within minutes.

Note: This will have your preferred start date till the exact date you initiated the request. 

No! It's completely FREE. 

There are no charges on softcopies of a statement of account.

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. 

• If you're saving towards a particular goal such as rent or travel, Target Savings is a great option. You can invite friends and make it a fun challenge to smash all your financial goals. 

• If you're looking for something geared towards the long term, The SafeLock feature is perfect for you. With higher interest rates, you could lock away funds you don't need access to and make even more money by doing so. 

• If you're looking to get started on investments or diversify your portfolio, then pre-vetted, low-risk investment opportunities are regularly available on Investify to help you grow your money.

• 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. (You may use a MasterCard, Visa or Verve card from any Nigerian bank). 
• You may now proceed to use any of the Savings Plans to start your daily, weekly or monthly savings.

The funds in your PiggyVest Account are warehoused and managed by PV Capital Limited - RC No. 1760152  (“PV Capital”). PV Capital is a duly registered Fund/Portfolio Manager with the Securities and Exchange Commission of Nigeria, and all its operations are in compliance with applicable regulations.

In addition, we enforce bank-grade security levels and provide you with the option to set up two-factor authentication for key transactions, as an extra layer of protection, over your PiggyVest Account.

This is a feature that helps you build financial discipline by allowing you to automatically save any amount daily, weekly or monthly. You also have an option to save manually.

Investify is a PiggyVest feature that allows users to earn more on their savings by investing in pre-vetted, low-medium risk, primary and secondary investment opportunities.

Investment minimums vary by investment opportunities.

Insurance coverage varies by investment opportunities.

You can fund your investment using your debit card and Flex Naira wallet.

All investment opportunities listed on PiggyVest are pre-vetted for maximum safety. We carry out due diligence on all investment partners.

All investment options aggregated on Piggyvest Investify have been properly vetted for insurance against loss. However, PiggyVest Extra Protection can be added to your investment for maximum capital safety.

It varies on the opportunity you're choosing to invest in. Your interest could be paid daily, monthly, quarterly OR at the end of the investment period into your PiggyFlex account.

We don't handle taxation. You, however, are liable to disclose your earnings and pay your taxes as stipulated by the government.

Yes, you can. 

However, to liquidate, you will need to trade the units you have already acquired with other existing investors or potential new investors. 

You set the price but a platform commission exists and it varies between 1% - 3% depending on the type of investment.

Your BVN is required to validate your identity and kick against identity theft. This ensures another level of safety for your funds and transactions.

It also unlocks other features like generating a flex account number in your name, which can be used for transfers directly from your banking app to your Piggyvest account.

In a situation where you no longer have access to the phone number linked to your BVN, kindly contact your bank to update the phone number.

SafeLock is a fixed savings option that allows you to earn up to 15.5% per annum, usually paid upfront.

Your Safelock acts as your sub-account so that you can transfer and lock funds from your Flex Naira wallet or your Debit card for at least 10 days, without access to these funds until maturity.

The SafeLock feature is one step further towards curbing the temptation to touch funds that you have put aside to save.

SafeLock interests are prorated and paid for the duration you set. 

On funds locked for:

• 10 - 30 days, the interest is calculated at 6% per annum and prorated for the duration you set.
• 31 - 60 days, the interest is calculated at 7% per annum and prorated accordingly
• 61 - 90 days, the interest is calculated at 9% per annum and prorated accordingly
• 91 - 365 days, the interest is calculated at 10% per annum and prorated accordingly.   
• 1 - 2 years, the interest is calculated at 12.5% per annum and prorated accordingly.
• 2 years and above, the interest is calculated at 13% per annum and prorated accordingly.
  
 

Note: The minimum amount that may be kept in SafeLock is N1000.

Yes, you can have more than one SafeLock; and you can give them different names (purposes) too.

E.g. You can have a SafeLock for your Fees, Wedding; Birthday; Vacation etc.

Yes, your SafeLock is different from your normal savings plan. After initiating a SafeLock for a particular amount of money, your savings plan continues as normal.

It is completely under your control. You set the pace, duration and everything else concerning your SafeLock.

Yes, you can. Simply ensure the duration of the existing locked fund is above 90days. Select the particular SafeLock, click on "Top-up" and enter the amount.

PS: You can only top up your safelock with funds from your Piggybank wallet. Your interest would be prorated and paid based on the remaining days.

You can have as many Safelocks as possible!

No, funds can only be accessed upon maturity. 

In cases where you may want to close your account completely, you'll have to wait until funds mature from your SafeLock before you can liquidate.

There is NO limit to the amount you can have in a safelock.

However, the maximum amount you can have per Safelock is #100m

With Target Savings, you are able to save consistently towards a particular financial goal. You can create a personal target or a Group savings challenge with multiple users.

Save for your rent, vacation, a new gadget, and even towards starting your new business with Target savings, and earn more money while at it!

Log in to your dashboard and click on the 'Savings' then select the Target option.

Click on the '+' option on the bottom right of the page and then select your preferred Target from Personal, Public Group or Private Group.

Input what you wish to save for, select the category, input the amount and fill all required fields to activate it.

Yes, you can.

Simply log into your dashboard and select the 'Target Savings' option on your dashboard. Click on 'Ongoing Targets' and then select the target you would like to end and select 'Break'.

Funds will then be sent to your Flex wallet, and you will be able to access these funds.

However, if you break these funds before the maturity date, you will lose your accrued interest and also be charged a 1% processing fee. If you do not achieve the target amount by the maturity date, you will only lose your accrued interest.

P.S: You cannot break a locked target. Funds can only be accessed at the maturity date. In cases where you may want to close your account completely, you'll have to wait until your target matures.

A Flex Naira account is a flexible savings wallet where interests earned on all other PiggyVest wallets are paid. 

You earn an interest of 8% per annum on funds in your flex account but this is subject to a maximum of 4 withdrawals in a month.

If you withdraw more than 4 times a month from your Flex account, you lose all your accrued interest on your Flex savings for that month.

Additionally, you can fund your Piggybank, Target, Safelock, Flex Dollar or Investify using funds in your Flex.

On your free withdrawal days, you can also withdraw from your PiggyBank savings to your Flex Account.

Note: You can ONLY withdraw once every 10hours from your Flex account.

Yes! you can! And it's absolutely FREE.

However, you can withdraw once every 10hours. This is for security reasons and to also encourage financial discipline to Piggyvest users.

Yes, you can! Simply click on "Quick Save", input your preferred amount, and select Use Flex Naira as a source of funding.

Your Flex account number is a dedicated NUBAN through which you can fund your PiggyVest account. This number is visible under the Flex Wallet option on your dashboard.

To make use of this account number: initiate a regular bank transfer and enter your Flex account number, select the bank name(Sterling, Wema, Access e.t.c.) as shown in your Flex Naira dashboard, and proceed to make your transfer.

Funds transferred will be credited to your Flex Naira wallet.

To fund your Flex account, simply link your BVN to your Piggyvest to get your unique Flex account number. Once this is done, log into your banking app, input this account number in the required field, and select the stated bank as reflected on your Flex dashboard in the recipient bank field. 

Follow through with the required steps for funds to be transferred from your bank account to your Flex Naira wallet.

Flex Dollar is a feature that lets you save, invest and transfer funds in Dollars. 

You can fund your Flex Dollar account from your Flex Naira wallet or your Naira debit card.

All you need to do is input the amount you'd like to purchase in Dollars, then select a funding source and complete the transaction. 

NOTE: Should you fund your Flex Dollar wallet from a dollar card, this will be charged at your bank exchange rate, as Piggyvest does not charge in dollars but in Naira. 

You can fund your Flex Dollar account with as little as $1.

Yes! You get up to 7% per annum on your PiggyVest Flex Dollar account.

Interest rates are determined by the market behaviour at any given time.

You can withdraw in Naira or Dollars. Withdrawing in Naira will be at the stated parallel market buy rate and funds will be sent to your Flex Naira wallet. When withdrawing in Dollars, the funds are sent to your Dollar-denominated domiciliary bank account.

Interest on your Flex Dollar is accrued daily but paid monthly. You can get up to 7% per annum on the funds in your Flex Dollar wallet.

Interest is also compounded monthly.

No, not for now. 

You can withdraw for FREE only on set free withdrawal dates on your Piggybank wallet. 

You can set your own FREE withdrawal dates OR make use of the PiggyVest quarterly fixed FREE withdrawal dates.

After the request has been made, funds will be sent to your bank account, Pocket account, or to your Flex Naira account instantly.

PS: If you decide to set your own FREE withdrawal date, the next available FREE date will be exactly 3 months (90 days) from your last free withdrawal day.

• 31st March
  
• 30th June
  
• 30th September
  
• 31st December
  

No, you can't! 

You can only withdraw to your bank account. This has to be the same name as your Piggyvest account name.

Yes, transfers from your Piggybank wallet to your Flex Naira account counts as a withdrawal.

PiggyPoints is a way of rewarding our users for saving consistently. The more you save in your Piggybank and Target (using either Autosave or Quicksave or Quicktop), the more you earn. 

You start to earn points when you save at least N2,000 from your debit card to your Piggybank or Target once every 10hours.

Note: For Target savings, you only earn points if the duration of the target is above 90days.

You receive points on your first 3 withdrawals from your Piggyvest to your Pocket account.

You earn 1 point if you transfer at least N2,000-N9,999 

10 points if you transfer at least N10,000 - N49,999

20 points if you transfer N50,000 - N100,000

30 points if you transfer N100,000 and above.

This is our way of rewarding you for saving consistently.

N2000 - N4999 = 1 point
N5000 - N9999 = 2 points
N10000 - N49999 = 10 points
N50000 - N99999 = 25 points
N100000 and above = 55 points

Note: Piggyvest has the right to withdraw these points at any given time once a security flag is raised on your account. 

You can convert your Piggy Points to cash in your Flex Naira account.

1 Piggy Point = N10.