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PiggyBankNG What there is to know about the Automated Savings Platform? PiggyBankNG is the automated savings platforms which allows one to save money using age-long practice in a new innovative system. We remember back in the olden days where we have some constructed wooden or metal box where we put our money little by little based on some unused coins? PiggyBank is a new technology that has come to replace that method with a more easy and convenient method through web, app and other fractions of new technology.
PiggyBank allows you to save your money leveraging new technology platform available on Web, Android, and iOS. It allows individuals with debit cards easily save and invest money with ease.
PiggyBank.NG adds reward and convenience to the used-to-be-difficult act of saving. Below is a comprehensive feature of PigyBankNG.
What is PiggyBankNG and how can one benefit from it
Piggybank.ng like I said above is an app that help users save and better utilize (spare) monies they do not want to touch and spend superabundantly. On Piggybank.ng, saving is:
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Flexible: Users can save money daily, weekly, and monthly. Actually, you can save anytime.
Rewarding: Unlike the traditional pink rubber pig-shaped physical piggybanks where you get exactly what you save, Piggybank.ng pays up to 12.4% interest per annum on any amount you save on the platform.
Convenient: Piggybank.ng saves you the stress and hassle of having to remember to save as it automatically deducts specifies amounts from your bank account at specified periods.
Safe and Secure: While Piggybank is literally not a bank, it is a partner with United Bank for Africa (UBA), a renowned and trusted bank in Nigeria and Africa. That said, Piggybank.ng doesn’t have access to your savings as funds are monitored and held by UBA. More like you are saving in a bank, but not directly.
Also, PiggyTech Global Limited, the company behind Piggybank.ng recently acquired a microfinance bank (Gold Microfinance Bank Limited) which is licensed by the Central Bank of Nigeria (CBN).
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Drives commitment: Unlike regular bank saving accounts and traditional piggybanks where you have access to your money and can break your savings anytime, Piggybank.ng fosters saving commitment and discipline.
Benefits of the Piggybank.ng Services
Piggybank is a modified system of using automated platform to save your money. No more the older practice of constructing wooden box to save money as long you you have a mobile phone with internet access you are good to go. Below are all the perceived benefit of using PiggyBankNG.
- It’s a cleaner and less burdensome approach to saving
- Automates the saving process as a fixed amount(s) is automatically deducted from your bank account at specified dates; you can no longer forget to save.
- Helps keep a better track of your savings as users can easily see how much they’ve saved up and how far (or close) they are to meeting their savings target.
- One app, multiple savings targets.
- Improve management and planning of finances.
- Withdrawing funds is just as easy and fast as depositing them.
- Mouth-watering interests and (referal) bonuses