Piggyvest Review: How to Save Money on Piggyvest and makeup to N5,000 daily
Do you know that as a Nigerian you can use Piggyvest to save, invest, and also you can make N5,000 to N10,000 income daily with Piggyvest?
Yes, it is possible.
I made over N4,000 daily and more when I started using Piggyvest check the screenshot below.
It is not a hard deal, so if you read through this Piggyvest review I am going to show you how Piggyvest works and the actionable steps to making N5,000 daily with Piggyvest.
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So get ready because this is going to be a long ride 🤓.
What is Piggyvest
Piggyvest is making waves in Nigeria and helping a lot of people in savings just like the local known way of saving money at home using the saving box which can still be broken anytime or doing akawo.
But then, with piggyvest it’s much easier to save your money and make a profit, these features make piggyvest a great way to save and invest for what you are planning for in the future.
So without wasting much time Let’s look at how piggyvest works before going into how you can make N5,000 to N10,000 daily with piggyvest.
How Does PiggyVest Works – Saving and investing with PiggyVest
Piggyvest was formerly called Piggybank.ng in 2016 when its first launched as a savings product which has grown so big that new faces keep saving daily.
PiggyVest is an online savings platform that enables savers to put away funds that they don’t want to withdraw easily.
Piggyvest has grown that they have over 200,000 registered users and as the analysis from the team, they said they got one-billion-naira savings in total for January 2019 alone, that’s amazing and shows people are trying to get involved with it daily.
Seeing the results it shows over the years they have grown to be better than they were before and they keep improving to make you manage your finances using different products they offer ranging from
- Flex dollar
- Flex naira and still counting.
You can take a look at the image below to see the basic piggivest features.
That’s all you need to know about piggyvest, I will explain all the features one after the other for you and how to go about saving, investing, and making N5,000 to N10,000 or more daily with piggyvest products.
⇔6 List of All Piggyvest Features
Here are all the piggyvest features that you should know;
- Flex dollar
- Flex naira
- Target plan
Piggyvest Piggybank Feature
Piggybank formerly Core Savings On the App, You can select any amount of money you want to save; the money will be debited from your account and kept in a safe account until you are ready to use the money.
You will set the days of withdrawal in a year. Withdrawal on any other day apart from the days you chose will attract a 5% charge. This is to help you maintain the saving culture.
Meanwhile, you earn PIGGYPOINT for every save that you make and each of these piggy points can be converted to FLEX NAIRA before you can be able to withdraw it.
The formula for converting your piggyvest point to naira is.
1 Piggypoint = N10
Piggyvest SafeLock Feature
SafeLock is actually what makes piggyVest the best digital saving platform in Nigeria.
It is a short-term investment sub-product within the app that allows you to earn money for —wait for it— saving money.
For instance, you want to save money maybe for your upcoming birthday party but before the D day sometimes problems may arise and you discover you have cut like half of the money that you wanted to save for your birthday party.
That the purpose of safe lock piggyvest product, it enables you to lock away some part of your savings till a particular day so that you won’t have access to the money or be tempted to touch the money till that day and you will be paid up to 12% as interest.
You should try it.
Moreover, with piggyvest safe lock feature you can make N5,000 or more daily with piggyvest app by referring your friend to Piggyvest.
You will get N1000 for everyone you refer and also the person you referred will get N1000 on completion of their profile.
But some people don’t know how to withdraw their safelock earnings. Don’t worry I will show you how to withdraw your piggyvest safelock earning at the end of this article 😉.
Piggyvest Target Savings
Target savings also called Savings Challenge. Unlike Safelock where you just save for a particular purpose by yourself, target saving helps you and others save for a common interest.
Each of you from the PiggyVest app can be saving collectively into a central place until you reach your target and you will be paid plus the accrued interest.
So it more like teamwork or community kinds of stuff.
Piggyvest Flex Naira
The Flex Naira account is for flexible savings for emergencies. I do call it chop, chop account 😀.
In your piggyvest flex naira account all interests from your saving plans (like the piggyvest points you earn) and targets are paid into your piggyvest flex naira account.
Earnings from this account can be withdrawn anytime and likewise, transferred to other saving plans without any charges.
Piggyvest Flex Dollar account
This is a new piggyvest feature that enables you to save and grow your wealth in dollars and earn up to 6% paid interest.
This is how it works.
For instance, when dollars fall to N350 you can quickly save money on your piggyvest flex dollar account and whenever dollar inflates over naira, maybe let say dollar hikes up to N450 you can then redeem your savings from your flex account and it will be calculated for you in terms of N450 and not as you have saved as N350 plus additional 6% paid interest.
So you see how benefiting piggyvest flex dollar account is, I think you should give it a trial.
Piggyvest Investify Feature
Investify allows you to invest in pre-vetted low medium risk primary and secondary investment opportunities easily with any amount you have. No hidden fees/charges. You can also invest in various industries such as agriculture, transportation, fixed income instruments, etc.
⇒How to Register on PiggyVest and Start Saving
Now it’s to register on piggyvest and start enjoying piggyvest features.
- Visit PiggyVest Website using this link Piggyvest Create Account
- Click on create an account after clicking the link above.
- Fill the information and submit.
Do not download the app if you haven’t created an account with the link above.
- Now download piggyvestMobile App from play store or using this link here.
- Log into your profile.
- Now you can start saving and make money by referring to people also.
Note: If you don’t register with the link above you will miss getting an N1000 bonus, also complete setting up your account in other to start making money from piggyvest while saving.
Now let’s see how to make money from piggyvest referral program, and next is how to withdraw your referral earning.
How to Start Making Money from Piggyvest?
Now that you have successfully created your account its time for you to start making money too.
Like I said earlier that you can make N5, 000 to N10, 000 daily. Yes, no kidding.
How to make money with Piggyvest (N5000 to N10000 or more daily)
- Login your piggyvest on the piggyvest app.
- Click the piggyvest profile icon.
- Scroll and locate refer & earn N1000.
- Now copy the text and link.
- Start sharing with your friends you get N1000 for any person you refer and the person also gets N1000 safelock bonus.
- If the person doesn’t use your referral link he might not get the bonus too.
For instance, let say in a day you out of all your friend and relatives you invited 10 people to use Piggyvest. Let do the mathematics. 10 people X N1000 = N10,000
So with piggyvest referral program, you can make so much money on daily basis.
How to withdraw your piggyvest referral bonus.
I know most people will get stuck here (withdrawing piggyvest referral bonus), while others will be confused. Well, there is nothing to worry about.
I also faced the same challenge not until I figured out how to withdraw piggyvest referral bonuses.
Before we get deep into how to withdraw piggyvest referral bonus, let’s first talk about the referral commission and how it works.
Piggyvest referral bonus is very juicy, you get 1k per each person referred and that’s a good deal, one more good thing to it is that the person you referred also get 1k too, isn’t that awesome?
You can withdraw your piggyvest referral bonus easily following this procedure.
Steps to withdraw piggyvest referral bonus
- Step 1: Navigate your way to piggyvest website or app and enter your correct login details to login.
- Step 2: Click on “Flex Naira” account.
- Step 3: It will show “No flex account number!” and display a short message underneath that which reads “You have no BVN connected to your PiggyVest account. Please add your BVN to your flex account number”
Below is a screenshot of how it looks.
- Step 4: Click on the “Get Account Number” button, a page will come up asking you to securely connect your BVN, bellow is a screenshot of how it looks.
- Step 5: Click on the button asking you to securely connect your BVN and a new page will come up asking you to enter your BVN, you don’t have to fear anything, enter your BVN and proceed to get your Flex account number.
Once you have your flex account number you can withdraw Piggyvest referral bonus easily.
Another issue most people face is that Piggyvest doesn’t release their referral bonus on time, to make Piggyvest release your referral bonus for withdrawal, your referral must have created Flex account using the steps explained up there and fund the account with at least NGN 100 (100 Naira).
If any of your referral failed to add their BVN to enable them to create Flex account, you will see a notification in your email box after 10 days, the email will tell you why piggyvest is unable to release the referral fund for you, below is a screenshot the email they send.
Frequently asked question on piggyvest
Answers to All Piggyvest Questions to Earn Free Points
Here are some questions which might be going through your head. Review the answers below.
How many products does PiggyVest have?
PiggyVest has 6 unique products. Piggybank Savings, Flex Naira, Safelock, Target Savings, Investify & Flex Dollar
How many times can you fund your Flex wallet with your Flex Account Number?
You can fund your PiggyVest unlimited number of times in a day, and it’s also 100% FREE. No charges.
Which product can you use to automatically deposit funds daily, weekly, monthly?
Piggybank savings allow you to save automatically daily, weekly or monthly. Simply turn on Autosave within Piggybank, set the amount you want to save and the frequency. Piggybank savings is like your digital kolo. You’re the boss of your savings, save how you want.
How much is 10 points worth when you convert to cash?
1 piggy point is worth ₦10. You earn Piggy points when you fund your Piggybank savings with₦2,000 using Autosave or Quicksave.
Which product gives you Piggy points when you deposit over ₦2,000?
Piggybank savings is the only Product right now on PiggyVest that gives Piggy points
How much interest can you earn per annum with Flex Dollar?
You earn 7% per annum with Flex dollar. Interests on your Flex Dollars are accrued daily but paid monthly. Purchasing and liquidation rates are dependent on market.
Which of these products give up to 24% per annum in returns?
You can earn up to 24% per annum with Investify. Investify allows you to access pre-vetted lowmedium risk primary and secondary investment opportunities easily with any amount you have. No hidden fees/charges.
Do you earn interests when you top up an existing Safelock greater than 90 days long?
You can earn interests when you top up an existing Safelock that is greater than 90 days. The interest rate is prorated based on the duration left in the Safelock.
What is the minimum number of days you can create a “Target savings” for?
30 days is the minimum duration for a Target Savings. You can save towards multiple goals on your own or with a group while earning 10% per annum.
How many times a year can you withdraw for FREE from your Piggybank Savings (Core Savings)?
There are 4 FREE withdrawals days with Piggybank Savings by default. You can set your withdrawal days on your own or use the default withdrawal days on the app (31st of March, 30th of June, 30th of September, 31st of December annually).
⇒Don’t forget to Visit PiggyVest Website and Register using this link Piggyvest Create Account
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