Sign Up

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

Sorry, you do not have a permission to ask a question, You must login to ask question.

Forgot Password?

Need An Account, Sign Up Here
Sign InSign Up

Question Bump

Question Bump Logo Question Bump Logo

Question Bump Navigation

  • Contact Us
  • FAQs
Search
Ask A Question

Mobile menu

Close
Ask a Question
  • Home
  • Communities
  • Questions
    • New Questions
  • Tags
  • Users
  • FAQs
  • Contact Us
  • FAQs
Home/ Questions/Q 362
Next
Answered
Kenny
  • 1
KennyTeacher
Asked: May 29, 20202020-05-29T17:08:32+00:00 2020-05-29T17:08:32+00:00In: Entrepreneurship

Is Piggyvest a good platform for saving?

  • 1

Piggyvest is a great platforms that  automatically allow you save money for the future.

cowryrisemoneypiggyvestsaving
  • 1 1 Answer
  • 245 Views
  • 0 Followers
  • 0
Answer
Share
  • Facebook

    1 Answer

    • Voted
    • Oldest
    • Recent
    1. Best Answer
      Daniel Scholar
      2020-05-29T19:12:20+00:00Added an answer on May 29, 2020 at 7:12 pm

      Piggyvest is a platform that allows you save money automatically with ease. It helps you carve out certain amount of money from your bank account for the rainy day. It has no start fee, meaning, you can open it  with a zero account. The only thing you might need would be your BVN to link your savings with your bank details for withdrawal. It allows the following deposits: daily deposit is between N50-N25,000. Weekly is between N1,000 to N100,000. Monthly deposit range is between N3,000 to N500,000. The piggyvest wallet can either be accessed on the web and app. You could decide to use the website platform or download the app from Google playstore.

      Features of the Piggyvest wallet

      1. Savings: Piggyvest has three forms of savings: a) Target saving. This an option that allows you save towards a purpose. Even when you have an emergency, you won’t have access to the money untill the days you stipulated for the completion of the target. For example, you can save towards your education, new gadgets, house rents, for months. You get to choose the amount you want to save and when you want to save. b) Safelock saving. Safelock is an option that helps you lock money away for months, usually 2-24 months, and also gives you interest on your savings. c) Flex Dollars saving. The flex Dollars allows you save money in US Dollars. This is a good option for those who are international trade savvy. I would suggest you buy dollars when exchange rate is low and withdraw it when you notice a rise in US-NGN exchange.
      2. Interest rate: Piggyvest wallet gives you interest for saving money. Banks, these days, do not give you interest for saving your money, instead they debit you for some maintenance. The interest rate for using the target saving is 10%, flex Dollars 6% and Safelock 13% all per annum.
      3. Investment: This platform helps you invest in different aspect of life. Ranging from agriculture, transportation and others
      4. Withdrawal: Withdrawal of your money is usually free during a period of time (March 31st, June 30th, September 30th and December 31st). Any withdrawal outside these dates would cost you about 5% of the amount you wish to withdraw.

       

       

      • 1
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on WhatsApp
        • Share on LinkedIn
    Leave an answer

    Leave an answer
    Cancel reply

    Browse
    Browse
    What is the capital of Egypt? ( Cairo )

    Sidebar

    Ask A Question

    Inspirational Podcast

    Stats

    • Questions 284
    • Answers 168
    • Best Answers 109
    • Users 90

    Adv 250x250

    • Popular
    • Answers
    • Anonymous

      Can one still find true ...

      • 6 Answers
    • Jay

      For how long can company ...

      • 4 Answers
    • Bellarmine901

      I need help installing FIFA ...

      • 4 Answers
    • Bellarmine901

      How Do I Keep My ...

      • 3 Answers
    • Bellarmine901

      How can I add Currency ...

      • 3 Answers
    • neha afzal
      neha afzal added an answer Digital Marketing is a tool that has developed the way marketing operates. It has created a new look to customization and personalization in marketing tactics and activities. To get increased… October 25, 2022 at 10:52 am
    • Humayoun Mussawar
      Humayoun Mussawar added an answer Nice article thanks for sharing it to get the audit of your website find out the seo experts in Pakistan contact him for SEO services          … October 14, 2022 at 12:34 pm
    • Realtorspk
      Realtorspk added an answer Nice article thanks for sharing it I just write an article on business ideas in Pakistan October 14, 2022 at 12:23 pm
    • Anchal Verma
      Anchal Verma added an answer New Generation People  Won't Bother much March 24, 2022 at 8:08 am
    • Jhero23
      Jhero23 added an answer Thank you very much April 16, 2021 at 8:40 am

    Users

    Daniel

    Daniel

    • 0 Questions
    • 381 Points
    Scholar
    Dee20

    Dee20

    • 0 Questions
    • 362 Points
    Scholar
    Kenny

    Kenny

    • 0 Questions
    • 256 Points
    Teacher

    Trending Tags

    business (7) coronavirus (11) covid-19 (13) fulfillment (3) hackers (4) health (9) life (9) life hacks (7) love (6) money (6) movies (5) nigeria (5) pc (3) relationship (7) safety (6) social media (5) stay safe (3) success (7) survival (3) virus (5)

    Explore

    • Home
    • Communities
    • Questions
      • New Questions
    • Tags
    • Users
    • FAQs

    Footer

    © 2020 Question Bump. All Rights Reserved
    With Love by PianistProgrammer.

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.