Savings in NigeriaPIPiggyVest Piggybank
Best for: saving you do not plan to touch often
- Yield
- 16% a year
- Fees
- Penalty outside free dates
- Min.
- Not confirmed
- Rate
- 16% a year
- Fees
- Withdrawals are free only on your set free withdrawal dates. A withdrawal on any other day carries a penalty.
- Minimum
- Not confirmed
- Opens online
- Yes
- Who can apply
- Not confirmed
- Currency
- NGN
Pros
- Interest is paid on the 1st of every month
Cons
- Free withdrawals only on four set dates a year: 31 March, 30 June, 30 September and 31 December
- You can withdraw only once in 24 hours
- PiggyVest is not a bank. Its FAQ does not mention deposit insurance
How to apply
Create an account on PiggyVest's website or app, add your bank details and activate it with a debit card from a Nigerian bank. Your BVN is needed to confirm who you are.
Verified 10 Oct 2026 · source
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