Piggyvest App Review 2022: Target Savings, SafeLock

Is Piggyvest Legit?

Piggyvest is a safe and secure way to save and invest your money. Financial information is secured and stored according to PCI-DSS Level 1 standards on piggyvest. In addition, for safe and secure transactions, the platform employs a 256-bit encrypted HTTPS SSL connection.

When you save or invest with piggyvest, you will be able to access your funds whenever you choose.

About Piggyvest

Piggyvest, previously known as a piggy bank, is West Africa’s first online saving and investment platform. It began as a savings bank on January 7, 2016, but in April 2019, it was rebranded and incorporated an investment option. Piggyvest has over 1,000 000 members who are easily saving and investing.

How to Login to Piggyvest Account

  • To begin, go to on your browser or on your mobile device.
  • When you click the sign-in button, you will be taken to the login page.
  • Fill up your email address or phone number.
  • To access your piggyvest dashboard, enter your password and click the login button.

How to sign up on piggyvest

  • To begin, go to via your browser or get their app.
  • You will be redirected to a website after clicking “create account for free.”
  • Click the submit button after entering your full name, email address, mobile number, and password.
  • After that, you will receive a confirmation email that will allow you to activate your account.
  • After clicking the link in your email, you’ll be able to use the app.
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How to Make Money on Piggyvest

The interest earned on your savings is the primary source of income on Piggyvest. Another way to earn money is to refer new piggyvest users to your account using the unique URL provided. When a user signs up after clicking on your link, both of you will receive a $1000 safe lock incentive.

Is Piggyvest Insured by NDIC

Yes, the Nigeria Deposit Insurance Corporation insures Piggyvest (NDIC). Piggyvest is a microfinance bank (MFB) licensed by the Nigerian Central Bank (CBN), and its funds are protected by the Nigerian Deposit Insurance Corporation (NDIC).

Is my BVN Safe on Piggyvest

Your BVN is protected from piggyvest, and they only ask for it to verify your identification and prevent identity fraud. Furthermore, by linking your BVN to your piggyvest, you will be able to move funds from one flex account to another flex user account and receive future rewards.

Piggy Vest Products

Piggyvest products are financial services offered by the piggyvest firm, and each product is tailored to achieve a certain purpose. You will be able to earn daily interest on piggyvest, transfer funds, save and receive interest in dollars, and do a variety of other things with these products. Read the complete details below to understand more about the piggyvest product:

  • Piggybank
  • Investify
  • Safelock
  • Target Savings
  • Flex Naira
  • Flex Dollar


Piggybank is a one-of-a-kind tool on piggyvest that allows you to save money automatically or manually on a daily, weekly, or monthly basis. You may save money without logging onto your dashboard with this tool. All that is required is that you attach your debit card and turn on the autosave feature. For example, if you want to save N1000 per day, autosave will remove the money from your account automatically. The funds are immediately deducted from your bank account. An email with transaction details will be sent to you.

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In addition, the piggybank contains a feature that allows you to conveniently save money in your wallet whenever you choose. If you have no funds in your bank account and the piggyvest is unable to deduct money from you, the quicksave can be utilized to fund your account in specific instances.


The investment options of piggyvest are one of the best features. They allow you to participate in pre-vetted, low-medium risk, primary, and secondary investment opportunities and earn interest. Furthermore, all piggyvest investments are safe and secure.

The least amount you may invest on investify is N5000, and you can choose to get interest daily, monthly, or quarterly. You can deposit with your flex wallet or a debit card.


The secure lock function allows you to save money for a certain period of time and earn a higher interest rate of up to 15.5 percent each year. Using the secure lock feature on piggyvest can help you resist the need to waste money. You can use your flex naira wallet or debit card to save money on safelock with this option.

When you put your money in a piggyvest, you won’t be able to get it until the maturity date ( the day you target to withdraw the fund).

Target Savings

You can use the target saving option to save regularly for a period of time. You can use target savings to enable autosave, which will automatically credit your wallet every day and lock your funds for a set period of time. You will be charged 1% if you decide to break your target savings and withdraw your cash. To deposit on target savings, you can use your debit card or flex naira wallet.

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Flex Naira

The piggyvest flex naira account is a cash account that accumulates all of your interest from other wallets. With flex naira, you may earn 8% annual interest on your savings, as well as receive and transfer funds for free. Flex naira has a one-of-a-kind account number that lets you to deposit from any bank. The least amount you can withdraw from your flex naira account is N2000, which you can put in your abeg account, bank account, or piggybank.

Flex dollar is a unique feature on piggyvest that allows you to save, invest, and transfer funds in dollars. You will be able to make 7% per year on your savings if you use flex dollar. The smallest amount you can save is $1, and you can take money out of your dollar account at any moment.

On the flex dollar wallet, you have two options for deposit and withdrawal: you can use your flex naira wallet or your bank card. If you want to withdraw money, you can do it through your flex naira wallet or through your bank’s domiciliary bank account.

How to invest money with PiggyVest

To invest in piggyvest, choose the option that is most convenient for you.

  • Go to your piggyvest account and log in.
  • Select the Invest option.
  • To find the one that’s right for you, go to Explore.

Piggyvest Referral Program

When a user signs up using your unique referral link, you can earn money through the piggyvest referral program. After a new user registers up using your link and verifies his account and deposits at least N2100, your safelock account will be credited N1000.

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