PiggyVest Review: App Download, Sign Up, Login, Interest Rates

PiggyVest Review: In this article, we’ll walk you through everything you need to know about PiggyVest, including how to download the app, sign up, log in, explore the dashboard, interest rates, advantages, disadvantages, and tips for maximizing your savings.

Whether you are a student, entrepreneur, or salary earner, this review will help you decide if PiggyVest is the right platform for your financial growth.

Managing money in Nigeria can be challenging, especially when traditional banks offer low interest rates on savings. Many Nigerians struggle to save consistently, often due to daily expenses and unplanned financial emergencies. This is where PiggyVest comes in — a digital savings and investment platform that helps you save smarter, grow your money, and achieve financial goals.

PiggyVest Review

What Is PiggyVest?

PiggyVest is a Nigerian fintech company designed to help individuals save and invest money efficiently. It was launched in 2016 under the name PiggyBank.ng and has since evolved into one of Nigeria’s most trusted digital savings platforms. Unlike traditional banks that often provide low interest rates and cumbersome savings processes, PiggyVest offers competitive interest rates, automation, and goal-based savings features.

With PiggyVest, users can save for both short-term and long-term goals, lock money for higher returns, or invest in opportunities with potential high yields. The platform is especially useful for those who find it difficult to save consistently, as it encourages disciplined saving by automating transfers from your linked bank account.

Is PiggyVest a Bank?

Many users ask whether PiggyVest is a bank. The answer is no. PiggyVest is a fintech platform that partners with regulated financial institutions to hold and grow users’ funds securely. It is not a traditional bank like GTBank or Zenith, but it provides bank-level security, including encryption and BVN verification.

PiggyVest functions similarly to a bank’s savings product, but all transactions, dashboards, and features are digital, making it convenient for tech-savvy users.

READ THIS: Best Ways To Save Money Daily

Advantages of Using PiggyVest

PiggyVest offers several benefits that make it one of Nigeria’s leading savings platforms:

• High Interest Rates: Earn more compared to most traditional banks.
• Goal-Oriented Saving: Save for multiple purposes with different plans.
• User-Friendly App: Easy navigation and clean interface.
• Low Entry Barrier: Start saving with as little as ₦50.
• Fully Digital: No need to visit a physical branch.

These advantages make PiggyVest a compelling option for anyone serious about saving and investing.

Disadvantages of PiggyVest

While PiggyVest is popular, it has some downsides:

• Withdrawal Restrictions: Funds in SafeLock cannot be accessed until maturity without penalties.
• Interest Rate Changes: Rates on certain savings plans may fluctuate.
• Internet Requirement: A fully digital platform requires a stable internet connection.
• Limited Customer Support: No physical branches for in-person support.
• Investment Risks: Products like Investify carry risk, with potential loss of capital.
• Limited to Nigerians: Must have a Nigerian phone, bank account, and BVN.

Understanding these disadvantages helps you make informed decisions about using PiggyVest.

How to Download the PiggyVest App

Getting started with PiggyVest begins with going through this PiggyVest Review, then downloading the app. Fortunately, the process is simple and works for both Android and iOS users.

For Android Users

1. Open the Google Play Store on your device.
2. Search for PiggyVest.
3. Tap Install and wait for the app to download.
4. Launch the app and proceed to sign up.

For iPhone Users

1. Open the Apple App Store.
2. Search for PiggyVest.
3. Tap Get to download and install the app.
4. Open the app to start creating your account.

Using a Web Browser

If you prefer not to use a mobile app, you can access PiggyVest via your web browser. Simply visit piggyvest.com and sign up to start saving. The web platform offers all the same features as the mobile app, including savings plans, investment options, and dashboard access.

By downloading the app or using the website, you gain access to a secure and user-friendly platform to manage your savings efficiently.

PiggyVest Sign Up Guide

Signing up for PiggyVest is straightforward, but there are a few prerequisites you’ll need:

• A Nigerian phone number
• A valid email address
• Bank Verification Number (BVN)
• A Nigerian bank account

Step-by-Step Sign-Up Process

1. Open the PiggyVest app or visit piggyvest.com.
2. Click on Sign Up.
3. Enter your full name, email address, and phone number.
4. Choose a strong password and confirm it.
5. Verify your phone number via SMS code.
6. Link your bank account and BVN for security verification.
7. Once verified, your PiggyVest account is ready, and you will be taken to your dashboard.

By completing the sign-up process, you can start saving immediately, set financial goals, or explore investment opportunities.

How to Log in to PiggyVest

If you already have an account, logging in is simple:

1. Open the PiggyVest app or go to the web platform.
2. Tap or click Login.
3. Enter your registered email/phone number and password.
4. Complete two-factor authentication by entering the code sent to your email or phone.

For enhanced security, you can enable Fingerprint or Face ID login, allowing quick access without typing credentials each time.

Exploring the PiggyVest Dashboard

The PiggyVest dashboard serves as your financial command center, displaying all key account information at a glance.

Features of the Dashboard

• Total Savings: Shows the combined amount in all savings plans.
• Interest Earned: Displays interest earned from various savings plans.
• Investments: Tracks active and completed investment projects.
• Flex Wallet Balance: Easily accessible funds for immediate use.
• Goals/Targets: Progress toward your financial goals, like rent, tuition, or travel.
• Progress Charts: Visual representation of your savings journey.

The dashboard is designed to be intuitive, helping both beginners and experienced savers manage their finances effectively.

PiggyVest Interest Rates

One of PiggyVest’s main attractions is its competitive interest rates, often higher than those of traditional banks.

Savings Plans & Rates