COWRYWISE REVIEW: Everything You Need to Know

Cowrywise is the finest option if you’re seeking for a digital platform to save and invest your money. They have over 220,000 members who save and invest their money on a daily, weekly, and monthly basis without any problems. It also allows users to invest in dollar-denominated mutual funds. You will be exposed to all of cowrywise’s features and goods in this post. So let’s get started learning about cowrywise.

Is Cowrywise Legit?

Cowrywise is a legitimate savings and investing platform backed by the National Deposit Insurance Corporation (NDIC), which guarantees bank deposits. It has more than 220,000 users and is well-liked by them. Meristem Trustees secure funds saved and invested on cowrywise through a trustee agreement.

Product of Cowrywise

Cowryrise goods are one of the best aspects of the company’s savings platform, which is the best and most widely used. You can effortlessly save money and earn interest with these items. Cowrywise offers the following products:

Regular Savings

Regular saving is a strategy that allows you to save money on cowrywise for a minimum of three months and earn interest. When you select the regular savings plan, you may set up automatic savings and choose how much money you want to save daily, weekly, or monthly.

You can also read about this   UBC International Postdoctoral Fellowship in Canada

Life Goals

Life goals is a long-term savings plan that allows you to save money while also earning fantastic rewards once it matures. Life goals also offer an automated mode that allows you to save daily, weekly, or monthly automatically. The life goals saving plan must be kept for at least one year before money can be taken. So, if you’re searching for a means to save money without having to go back and withdraw it, this is a terrific option.

Halal Savings

The halal savings plan is designed for those who want to save money without earning interest. It’s a savings plan designed exclusively for Muslims and other religions who consider getting interest on money to be a sin.

What is Cowrywise Stash?

Cowrywise stash is a virtual wallet that lets you transfer and receive money on the platform. You can transfer money from any bank using the stash account number via mobile banking or USSD with the stash wallet. You can also transfer money from the stash to your savings account, investment account, another Cowrywise member, and your bank account.

How to Sign up on Cowrywise

To join Cowrywise, follow the steps outlined below:

  • Visit the Cowrywise website or get the Cowrywise app.
  • To begin, click the “Get Started” button.
  • Fill out the form and submit it (name, email, phone number)
  • Continue, then type in your password.
  • To continue, tap the Create Account button.
  • To activate your account, you will be prompted to activate your email. Check your inbox and click on activate email.
  • To access your dashboard after activation, click sign in.
You can also read about this   Alpine Investors' ASG acquires ProfitSword, market leading hospitality software

How to Sign in on Cowrywise

Follow the steps below to sign into your Cowrywise account:

  • Visit their website or open your Cowrywise app.
  • To log in, select the login icon/link from the drop-down menu.
  • Please enter your email address here.
  • Then, to gain access to your dashboard, enter your password and click the sign-in button.

How to Withdraw on Cowrywise

Withdrawing money from Cowrywise is simple and takes little time. You can withdraw right away using the quick and simple information provided below.

  • Go to your cowrywise account and sign in (web or app).
  • Go to your plan and choose the wallet from which you want to make a withdrawal.
  • Select the withdraw icon on the wallet you want to use. Enter the amount you want to withdraw and the destination you want it to go to (bank or stach).
  • Enter the plan’s next maturity date, then click withdraw to get your money.

Cowrywise Interest Rate

Cowrywise’s basic interest rate ranges from 5% to 12% per year; however, these rates are not always accurate; you can always check with the cowrywise interest calculator.

Cowrywise customer care

Did you have a complaint? Or did you want to ask questions about cowrywise investment plans? Kindly contact them or visit their office with the address supplied below.

Tel: 09030000857

Address: 5C, Rev. Ogunbiyi Street, GRA Ikeja Lagos State.

Frequently Asked Questions (FAQs)

How do I Delete my Cowrywise Account?

Please contact cowrywise customer service if you are prepared to remove or deactivate your cowrywise account for any reason.

You can also read about this   April renewans for thesame

What is Cowrywise About?

Cowrywise is a savings and investing platform that was created with the primary purpose of encouraging people to save. You will earn interest on your savings and investments with cowrywise. You can save money by locking your accounts or creating a goal on Cowrywise, and you’ll gain monthly interest on your money while you’re saving.

Is Cowrywise Insured?

Cowrywise is protected by the same organization that protects bank accounts. A trustee relationship with meristem trustees, a corporation licensed by the Securities and Exchange Commission, secures funds deposited on this digital savings app (SEC).

Is Cowrywise Approved by CBN?

Cowrywise is not regulated by the CBN because it is not a bank. The Security and Exchange Commission (SEC), which supervises investment platforms, is in charge of it.

Related Articles

Back to top button