Savings in NigeriaPIPiggyVest Target Savings
Best for: saving toward a date
- Yield
- 14% a year
- Fees
- 1% if you break early
- Min.
- Not confirmed
- Rate
- 14% a year
- Fees
- Breaking a target before its date costs a 1% processing fee and the interest earned so far.
- Minimum
- Not confirmed
- Opens online
- Yes
- Who can apply
- Not confirmed
- Currency
- NGN
Pros
- You choose the date your money becomes available
Cons
- Breaking a target early costs 1% and all the interest earned
- A locked target cannot be broken at all
- 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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