At Piggyvest, we’re on a mission to create the simplest, most efficient ways for you to manage your finances. Over the past few months, we have made changes to our brand identity, user interface, experience and also made some updates to some features.
The Flex Naira is a flexible wallet that allows you to fund and withdraw for free at any time. It has functioned, mostly, as an alternate wallet that helps you budget and manage how you spend monthly — and we have typically paid all the interest from your other wallets into it.
As we updated and overhauled the platform, we decided that the Flex Naira wallet itself should earn interest.
Why?
Becuase all of your money should be working for you. Even when it’s just sitting in an account — or a wallet.
So, you now earn a 10% interest per annum on the money in your Flex Naira wallet.
How do I fund my Flex?
To fund your Flex, simply follow these steps:
- Login to your Piggyvest account
2. Link your BVN and generate a virtual account number
3. Do an instant bank transfer from your Bank app, enter an amount (no limits) and select Providus as the destination bank.
4. Funds reflect instantly in your Flex once payment is successful.
How does the interest in Flex work?
You get 10% per annum paid at the beginning of the month as long as you don’t withdraw more than 4 times to your bank account. The interest is calculated every day and paid accordingly.
Can I fund other features using funds in my Flex?
Yes, you can also fund your Piggybank, Target or Safelock or Investify using funds in your Flex.
How can I use Flex?
If you are a business owner looking to accept payments from your customers for a sale or you are an event organizer looking to accept payments for your event tickets OR you just need to manage your spend for the month, Flex makes it possible with so much ease. All Piggyvest users can send money to each other with Flex.
How is Flex different from my bank account?
Withdraw and transfer to other Piggyvest users for FREE
No SMS or account maintenance fees.
You enjoy the benefits of compounding interest.
PS: Your Piggybank interest for the month of November is ready, CLICK HERE
