How does PiggyVest investment Work? This is the best way to save money by yourself and earn more interest with piggyvest app. Piggyvest best 5 ways to save money online and earn more interest.
How does PiggyVest investment Work?PiggyVest which was formerly known as the piggybank Nigeria is a platform that help people to save more money to meet their very needs. Piggyvest also offer people the best opportunity to also invest their money in many ventures and earn up to 25% return on the investments for 8 months or even more. When you save money with piggyvest, it attracts up to 13% interests. Piggyvest is widely known as the best online savings and investment platform in Nigeria today.
If you really asking,” how does PiggyVest investment Work” , here are the various ways piggyvest works. With piggyvest, You can save money as an individual or as a group of people. You can save with your friend, you can save with your wife or husband. The Piggyvest website and their application are popular in Nigeria. All the little change you spend every day, every week or in a month, can still turn to a very big sum amount of money when you save them with piggyvest.
How does PiggyVest investment Work
This is how PiggyVest works: when you have a financial need that you strive to meet. It could be to travel abroad, start a business, pay house rent, or you just need to save 1million naira, 10million or more. Then You need to create an account on PiggyVest app or website and start saving money.
Piggyvest pay you 13% interest on every of your savings. You can decide to save daily, weekly, monthly. They also have an option for you to auto save instantly. Example; you can choose to save from N50 to N30,000 or more daily. Then all you have to do is to Set up the amount to save and it will be auto deducted from your piggyvest account every day.
However, if you choose to save anytime you want without the automatic deduction from your bank account, there is still an option for that. They call it Quick-Save, here You only choose when you decide to save.
Piggyvest also have an option where you can lock funds. If you have some money that you don’t want to spend. Maybe the money is for house rent, for school fees, for business or anything else. You can choose to lock it and still get 13% interest.
Best thing I like about this piggyvest is that you can also invest money. There are so many startups that are in need of capital. You can check them out and pick the one that is good enough for you and invest your money there. It is so easy when you handle it with app. Just a few clicks, you are done. With little as N5000 or more, you can get started with piggyvest investment!
Just Imagine all the N50, N100, N200, N500, N1000 or even more that you spend everyday, week or in a month. If you can be able to save them or better still invest them on PiggyVest, you will be amazed on how much you would be able to make in a year plus the interest.
Create piggyvest account now!
Is it safe to invest and save with PiggyVest?
It is safe to invest and save money on PiggyVest. Piggyvest plartform are officially registered as Piggy-Tech Global Ltd with the RC 1405222. In the early 2018, piggyvest acquired a Micro-finance bank and it is also licensed.
All the money that is being saved on this platform are all warehoused and is being managed by the AIICO Capital, which is the leading top asset management firm in Nigeria, which is also registered and licensed by the SEC which stand for Securities and Exchange Commission.
Also, your bank card details are also save. The bank card details are not in any way stored on their website. They also partner with Paystack, A top leading Nigerian payment processor. The website and app is secured with top SSL encrypted connection.
How to save money and earn on Piggyvest
1.The first step here is to create an account.
Creating a piggyvest account is very easy. All you need for it is your mobile phone number, a password and username. Click here to create an account.
2.Choose and select your saving options
Once you have created your piggyvest account. There are so many saving options available for you. They have PiggyBank, the Safelock and the Target Saving. Just select the one that you want to go for.
3.Setup your account details and start saving
If you have selected Piggybank, you need to set the amount you want to auto save and if it will be for the daily, the weekly or monthly savings. You can also choose to save your money whenever you want manually. For the Safe-lock, you set the amount you want to lock in your account and when you would like to withdraw it. For the target savings option, you have to set how much money is your target. You can Invite your friends if you want them to join you and also pick a withdrawal date for your savings.
The PiggyVest features
Piggybank is the Bank on PiggyVest. That is the place your money is being saved. If you plan to save money on your own to meet some of your needs, then this feature is for you. Let’s do some calculations here,
If you choose to be saving N100 daily, that is N36,500 in a year plus the interest from piggyvest that may take it up to N40,000. But If you choose to be saving N5000 monthly that is N60,000 in a year plus the Piggyvest interest that may take it up to over N67,000. And if you choose to be saving N20,000 monthly from that your monthly salary that will mount up to N240,000 a year plus the Piggyvest interest that can take it up to over N270,000.
With piggyvest, you can save as you want. The longer and bigger amount that you save, the bigger the interest and the money that you get back in return.
The quicksave is the one if the Piggyvest features that allows you to save money anytime you want. For instance you got some money today and you wish to save some instantly, with the quick save feature, you can deposit the money instantly to your piggyvest account through your piggyvest account number.
You can choose to pause your piggyvest savings at any moment and still continue later. If you don’t have any money for the month to save in your piggyvest, there is no issue with that, you can pause the auto savings or use the quicksave option.
With piggyvest you can withdraw your funds instantly. But for some discipline, there are only very few withdrawal dates a year as of the time of making this post and they are;
Every march 31st
All June 30th
Every September 30th
Every December 31st
You can also choose to adjust these dates by yourself.
Create an account here
The Investify (Invest )
The Investify is one of the top features on the PiggyVest app that can help people to invest in a low risk investment opportunities. These investments categories are verified and approved by the Piggyvest. With as low as N5000, you can now invest and get over 25% return on your investments. The Interests are being paid monthly, quarterly or even annually depending on the investment category you choose.
The Safelock (Lock funds Now)
The Safelock allow users to lock up their money until a specific time they choose to take it back. You can earn up to 13% of the money you locked. It just works like the bank fixed deposit.
It is very easy to lock your funds. For instance, you have N200k to pay for your rent in a particular year or for your child’s school fees, you can use safelock feature to lock that particular money until the time you will be needing it. That is helpful to avoid spending it unnecessarily. The Piggyvest interest will be paid to you when you lock your funds too. The minimum sum amount of money you can be able to lock is N1000.
The PiggyFlex is your main piggyvest account where all of your interest, all of your savings and the target are paid into. From there you can now withdraw or transfer your money to other people.
For instance, the money you have saves on your PiggyBank is being sent here when you withdraw. As Same as that particular one on your investify, your safelock and the target savings.You can withdraw your money anytime from here direct to your bank account instantly.
The Piggyvest top interest rates
The Piggyvest platform pays you an interest when you are able to save money with them.
They pay 10% interest per annum on the Core Savings(i.e Piggybank Savings)
They pay Over 13% interest per annum on the SafeLock saving.
They pay 10% interest per year on both Target and the Group Savings
The Piggyvest point is the system that rewards customers for saving with the Piggyvest platform. You will earn points for saving in this platform and you can also convert those points to money.
How much points you are able to earn depends on how much money you save. Here is a the breakdown of the whole thing.
From N2000 to N4999 = 1 point
From N5000 to N9999 = 2 points
From N10000 to N49999 = 10 points
From 50000 to N99999 = 25 points
From N100000 and so on = 55 points
Then the value of one point is N10. That is 1 PiggyPoint is = N10.
The PiggyVest customer care service
to contact the Piggyvest customer care service for any Enquiries, Here are their customer care details below:
The Piggyvest customer care line.
0700 933 933 933
The Piggyvest Customer care email address
The PiggyVest mobile app
The app is available for both the Android and the iOS devices respectively, you can get it on the Google play store and app store.
The PiggyVest Nigerian Head office address
The main piggyvest head office address is located at the 16 Boyle Street Onikan, in Lagos Island, Lagos Nigeria
The official PiggyVest Website
The official website is PiggyVest.com