3 Million + customers
Since launching in 2016, over 3,000,000 people have used PiggyVest to manage their money better, avoid over-spending and be more accountable.Create free account
All of the savings and investment options on Piggyvest are tailored towards a particular need.
This is a one time password used for initiating transfers and withdrawals on your Piggyvest account.
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.
Yes, we make sure that each investment listing on PiggyVest comes with its own protection and coverage.
Investment minimums vary by investment opportunities.
Insurance coverage varies by investment opportunities.
You can fund your investment using your debit card and Flex 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.
PiggyVest Extra Capital Protection is an added layer of security provided by PiggyVest that ensures your capital is protected.
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 transfers from your Flex to another user’s Flex 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 up front.
Your Safelock acts as your sub-account so that you can transfer and lock funds from your Piggybank 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 money that you have put aside as your savings.
SafeLock interests are prorated and paid for the duration you set.
On funds locked for:
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.
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.
The maximum amount 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 your 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' sign on the bottom pane of your dashboard.
Click on the 'Targets' option and then 'Create a Target'.
Select the Target option you'd like, fill in the required fields and save the Target to activate it.
You can invite friends to join your Target at any time.
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.
Kindly note that interest rates are subject to change at any time based on market conditions.
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 minimum 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.
P.S: 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 of our users.
Yes, you can! Simply click on "Use Funds" and then select the option to transfer back to Piggybank (core savings).
Your Flex account number is a dedicated NUBAN account number 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 WEMA bank and proceed to make your transfer.
Funds transferred will be credited to your Flex wallet.
To fund your Flex account, simply link your BVN to your Piggyvest account 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 WEMA bank as the recipient bank.
Follow through with the required steps for funds to be transferred from your bank account to your flex account.
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 bank card.
All you need to do is select an amount in Dollars you would like to purchase, then select a funding source and complete the transaction.
NOTE: Should you fund your Flex Dollar account from a dollar card, this will be charged at your bank exchange rate, as Piggyvest does not charge in dollar 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. 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.
Yes, transfers from your Piggybank wallet to your Flex account count 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 ONLY.
Note: For Target savings, you only earn points if the duration of the target is above 90days.
N2000 - N4999 = 1 point
N5000 - N9999 = 2 points
N10000 - N49999 = 10 points
N50000 - N99999 = 25 points
N100000 and above = 55 points
You can now convert your Piggy Points to cash in your Flex Account
1 Piggy Point = N10.
As a new user, your bonus will be paid into your SafeLock and matures to your flex account 10 days after you have been marked valid.
To be considered valid, a new user must:
To check the status of people you referred, login to your Piggyvest dashboard, select Account > Earn N1000 per invite > Click on each name to see if they’re valid.
What is the "Delete Promo Safelock" button for?
If for any reason, you no longer want the referral bonus, you can click on this button and the bonus will be deleted from both the referrer and the referred user's account.