Hello guys..

I stumbled upon the piggy bank app advert on IG and when I tried registering,I started having the feeling that ..
"What if my money ends up hanging there"..
" Who will I complain too"..

My heart is too weak to carry such financial attack..

If any of you guys are using any savings app please I need opinions..I need to start saving..

Thank you..

sashishalom:
Hello guys..

I stumbled upon the piggy bank app advert on IG and when I tried registering,I started having the feeling that ..
"What if my money ends up hanging there"..
" Who will I complain too"..

My heart is too weak to carry such financial attack..

If any of you guys are using any savings app please I need opinions..I need to start saving..

Thank you..

Piggy bank is still the best. That's what I used and I've made withdrawals from it. Your money is safe. It is also regulated by CBN and NDIC.

Piggybank... 10% interest annually for saving...

olayinkajnr:


Piggy bank is still the best. That's what I used and I've made withdrawals from it. Your money is safe. It is also regulated by CBN and NDIC.

thanks

sashishalom:

thanks

did you later create one?
if yes what's your referral code let me use it

I am using piggybank, cowrywise and kolopay. They are all good.

DEEDEE111:
I am using piggybank, cowrywise and kolopay. They are all good.

give me details about them if you don't mind

kingphilip:
did you later create one?
if yes what's your referral code let me use it

I have not yet created oh... I'm still scared oh

sashishalom:


I have not yet created oh...
I'm still scared oh

would have created but I was turned off because it is foreign currency dominated

kingphilip:
would have created but I was turned off because it is foreign currency dominated

Have you tried cowrywise?

Safe, secured and high interest rate.

Here is the link to join. https://dashboard.cowrywise.com/r/AqIm9dpdWgijOpAAdpoiIsqhpkzsIWGEMHC5yBq9/

kingphilip:
would have created but I was turned off because it is foreign currency dominated

I opened a new bank account without requesting for an ATM or bank app..I just transfer money there..

Gosj01:



Have you tried cowrywise?

Safe, secured and high interest rate.

Here is the link to join. https://dashboard.cowrywise.com/r/AqIm9dpdWgijOpAAdpoiIsqhpkzsIWGEMHC5yBq9/

does it accept the Nigerian Naira

sashishalom:


I opened a new bank account without requesting for an ATM or bank app..I just transfer money there..

that's cool too

Atleast you won't go withdraw unnecessarily

kingphilip:
that's cool too
Atleast you won't go withdraw unnecessarily

Exactly...what would you do? happy new year in advance

kingphilip:
that's cool too
Atleast you won't go withdraw unnecessarily

Exactly...what would you do? happy new year in advance

sashishalom:



Exactly...what would you do?
happy new year in advance

still weighing options for now

was in stanbic on Thursday last week to find out about their Stanbic IBTC Money Market (SIMM) Fund and got to understand that it has a 12% per annum interest rate and to enjoy that, one will have a minimum of #5000 without withdrawal for 30 days.

unlike fixed deposit though the interest rate fluctuates but I was made to understand it has been stable at 12% for close to 3 weeks now

I think that's a little bit better compared to normal savings interest rate and even with the fluctuations, I'm not sure it'll go beyond that of normal savings interest rate

I might go try that out as soon as the holiday is over but I'm still open to more investment opportunities though


BTW complement of the season to you too

happy new year in 6 hours time

kingphilip:
still weighing options for now

was in stanbic on Thursday last week to find out about their Stanbic IBTC Money Market (SIMM) Fund and got to understand that it has a 12% per annum interest rate and to enjoy that, one will have a minimum of #5000 without withdrawal for 30 days.

unlike fixed deposit though the interest rate fluctuates but I was made to understand it has been stable at 12% for close to 3 weeks now

I think that's a little bit better compared to normal savings interest rate and even with the fluctuations, I'm not sure it'll go beyond that of normal savings interest rate

I might go try that out as soon as the holiday is over but I'm still open to more investment opportunities though


BTW complement of the season to you too

happy new year in 6 hours time

If you are looking for better investments,then try this

Look for people that needs financial assistance for their business most advisable your friends and family...lend them the money agreeing on a specific percentage of interest and time duration..not a huge sum oh

Get about 2 or 3 people with different businesses and a good business plan..

Let's say you give someone that sells hair in the market..hair business is good..you agree you get your money weekly for a month..your interest is there too..that's a guaranteed flow of income every week...if you can do it with 3 hair businesses,trust me that's money..

Now let's say its a bigger business than hair with a guaranteed profit...that's a big profit for you..

You might need a lawyer for this oh..

4 hour plus to go

Use ALAT by wema bank. Its the best and u get 10% of ur savings at the end of the year
Hi! Join me on ALAT with this referral code NAT2L6 and you could make some money too. Click: http://alat.ng

sashishalom:



If you are looking for better investments,then try this

Look for people that needs financial assistance for their business most advisable your friends and family...lend them the money agreeing on a specific percentage of interest and time duration..not a huge sum oh

Get about 2 or 3 people with different businesses and a good business plan..

Let's say you give someone that sells hair in the market..hair business is good..you agree you get your money weekly for a month..your interest is there too..that's a guaranteed flow of income every week...if you can do it with 3 hair businesses,trust me that's money..

Now let's say its a bigger business than hair with a guaranteed profit...that's a big profit for you..

You might need a lawyer for this oh..

4 hour plus to go

U get mind ooh,I no dey try lend anybody money,weda interest or not,I no get strength 2 fight.

kingphilip:
does it accept the Nigerian Naira

Yes sir! That's what I use also.

Agboki:




U get mind ooh,I no dey try lend anybody money,weda interest or not,I no get strength 2 fight.

Lmao..I don't do it oh but I once knew of someone that does it but its with a lawyer backing oh and some signing of document

sashishalom:



If you are looking for better investments,then try this

Look for people that needs financial assistance for their business most advisable your friends and family...lend them the money agreeing on a specific percentage of interest and time duration..not a huge sum oh

Get about 2 or 3 people with different businesses and a good business plan..

Let's say you give someone that sells hair in the market..hair business is good..you agree you get your money weekly for a month..your interest is there too..that's a guaranteed flow of income every week...if you can do it with 3 hair businesses,trust me that's money..

Now let's say its a bigger business than hair with a guaranteed profit...that's a big profit for you..

You might need a lawyer for this oh..

4 hour plus to go

about the bold, its something great and worth considering but my experience with people will never make me try that.

thanks for bringing up the idea though.. I'll be on the lookout for someone with some reliable business idea worth investing in

happy new year BTW

Gosj01:



Yes sir! That's what I use also.

how is it like

the interest rate
the minimum amount to invest
the minimum duration of investment
possibility of default and consequences
and your experiences since you've started especially the ups and down and what you feel they can do better

please a honest answer to the above questions will help me know if I'll invest or not

Agboki:




U get mind ooh,I no dey try lend anybody money,weda interest or not,I no get strength 2 fight.

oga you get the scope

even as small as 2k de hard person to return talk more of a higher sum

e better say I dig hole keep the money sha

I use Cowrywise, I have been using their platform for over a year now. Currently a student ambassador at my school. If their is anything you want to know about Cowrywise ask me.

bukiii:
I use Cowrywise, I have been using their platform for over a year now. Currently a student ambassador at my school. If their is anything you want to know about Cowrywise ask me.

thanks for offering to help

a detailed answer to each of the below questions will go a long way

kingphilip:
how is it like

the interest rate
the minimum amount to invest
the minimum duration of investment
possibility of default and consequences
and your experiences since you've started especially the ups and down and what you feel they can do better

please a honest answer to the above questions will help me know if I'll invest or not

kingphilip:

thanks for offering to help

a detailed answer to each of the below questions will go a long way

-interest rate is btw 10%-15% per annum depending on your plan
It has no minimum amount you can start with as low as 100 per day/month
The system is like advance ajo expect for the fact that you may choose to accept interest in your money or not
Minimum duration depends on you, you may choose to lock your account for a year meaning you cannot withdraw untill your lock date lapse. I always lock mine for 3months in case there is urgent need to spend.

It's normal for them to have ups and downs, even big company do. Sometimes people find it hard to register, withdraw but that's why they have support and social media page. One can always reach them through support.
I have never encounter any issue with Cowrywise.
You can check @Cowrywise to follow Cowrywise on Twitter.

bukiii:

-interest rate is btw 10%-15% per annum depending on your plan
It has no minimum amount you can start with as low as 100 per day/month
The system is like advance ajo expect for the fact that you may choose to accept interest in your money or not
Minimum duration depends on you, you may choose to lock your account for a year meaning you cannot withdraw untill your lock date lapse. I always lock mine for 3months in case there is urgent need to spend.

It's normal for them to have ups and downs, even big company do. Sometimes people find it hard to register, withdraw but that's why they have support and social media page. One can always reach them through support.
I have never encounter any issue with Cowrywise.
You can check @Cowrywise to follow Cowrywise on Twitter.

thanks for this

can you please list out the various plans and how they operate

kingphilip:
thanks for this

can you please list out the various plans and how they operate

1. Periodic plans help you save and invest daily, weekly or monthly with any amount. They can also be topped asides the regular automated payments. The minimum duration for this plan is 90 days.

2. The Life Goals plan works similarly to the periodic plan but would have to be locked up for at least a year. This plan helps you to save for your long-term financial objectives like your child's education, your wedding, a vacation, a business or even retirement.

3. With Save As You Earn, assuming you do not have a regular income, you can save and invest as the money comes. This plan is not automated like the periodic or life goal plan.

4. For Fixed deposits, you get to set aside a lump amount of cash to be locked away for a period of time. This is the only plan that cannot be topped up.

5. The Interest-Free Savings is similar to Periodic Plan except that it does not earn interest. This is particularly suitable for Muslims who do not want interest on their savings.

6. The one-time saving feature is what allows you manually save into any of your existing plans at any time at all.

You can have as many plans as possible by the way.


_How we secure users' information_
CowryWise was built with security in mind. Critical customer data is encrypted and securely stored. We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details.

How we secure savers' funds
In addition to investing your money in risk-free instruments, invested assets are held by Meristem Trustees, a company registered with the Security and Exchange Commission (SEC), on behalf of savers. These assets are marked to market periodically to ensure savers are not exposed.

kingphilip:
how is it like

the interest rate
the minimum amount to invest
the minimum duration of investment
possibility of default and consequences
and your experiences since you've started especially the ups and down and what you feel they can do better

please a honest answer to the above questions will help me know if I'll invest or not

1.10%-15%
2. 100 naira
3. 6 months
4. No consequence if you default, you money and interest remains

5. No up and no down just perfect.

6. The money is secured, you can't withdraw it untill your set withdrawal date. I wish the interest can move to 20%.

Am 100% honesty, and I love it before using the app sef, you should have seen the research I did on it!


For more information, you can go here
https://www.cowrywise.com/faqs/

Gosj01:



1.10%-15%
2. 100 naira
3. 6 months
4. No consequence if you default, you money and interest remains

5. No up and no down just perfect.

6. The money is secured, you can't withdraw it untill your set withdrawal date. I wish the interest can move to 20%.

Am 100% honesty, and I love it before using the app sef, you should have seen the research I did on it!


For more information, you can go here
https://www.cowrywise.com/faqs/

please as regards the bold can you help with the research?

I'll really appreciate it

bukiii:




1. Periodic plans help you save and invest daily, weekly or monthly with any amount. They can also be topped asides the regular automated payments. The minimum duration for this plan is 90 days.

2. The Life Goals plan works similarly to the periodic plan but would have to be locked up for at least a year. This plan helps you to save for your long-term financial objectives like your child's education, your wedding, a vacation, a business or even retirement.

3. With Save As You Earn, assuming you do not have a regular income, you can save and invest as the money comes. This plan is not automated like the periodic or life goal plan.

4. For Fixed deposits, you get to set aside a lump amount of cash to be locked away for a period of time. This is the only plan that cannot be topped up.

5. The Interest-Free Savings is similar to Periodic Plan except that it does not earn interest. This is particularly suitable for Muslims who do not want interest on their savings.

6. The one-time saving feature is what allows you manually save into any of your existing plans at any time at all.

You can have as many plans as possible by the way.


_How we secure users' information_
CowryWise was built with security in mind. Critical customer data is encrypted and securely stored. We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details.

How we secure savers' funds
In addition to investing your money in risk-free instruments, invested assets are held by Meristem Trustees, a company registered with the Security and Exchange Commission (SEC), on behalf of savers. These assets are marked to market periodically to ensure savers are not exposed.

I really appreciate your time for the reply but it seems the reply keep turning up more questions

if you don't mind, can I chat you up on whatsapp to know more