How Does Piggyvest Investment Work


How does Piggyvest investment work? Popular savings and investment website PiggyVest allows users to save money and receive interest or invest in several options with the potential for higher returns. You may set up automated savings of any amount on a daily, weekly, or monthly basis with the PiggyBank PiggyVest plan. It helps you develop sensible money management habits and includes a manual money addition feature to ensure that you keep up your saving efforts.

With this plan, you can earn interest of up to 10% annually.

How Does Piggyvest Investment Work

How Does Piggyvest Investment Work

Here is how the investment side of PiggyVest, often referred to as “Investify” or a similar investment feature, works:

To start investing with PiggyVest, you first need to sign up and create an account. This involves providing some basic information and possibly verifying your identity to comply with financial regulations.

After creating an account, you may use the site to go through the many investing options. Pre-screened small and medium enterprise (SME) investments, real estate, agricultural projects, and other possibilities are often available through PiggyVest. Each investment opportunity comes with detailed information, including the expected returns, duration, and risk level.

After reviewing the available options, you can choose an investment that aligns with your financial goals and risk tolerance. It’s critical to take into account the projected return rate, the investment’s term, and any possible hazards.

To invest, you’ll specify the amount you wish to invest and follow the process to transfer funds from your PiggyVest wallet or linked bank account to the chosen investment. The minimum amount required can vary depending on the specific investment opportunity.

After investing, you can monitor the progress of your investment through the PiggyVest dashboard. This allows you to see how your investment is performing over time and provides updates on the project or business you’ve invested in.

You will get a credit back into your PiggyVest wallet upon the investment’s maturity, along with the guaranteed profits. Depending on the specific investment, returns may be given out on a monthly, quarterly, or final basis.

When your investment matures and the profits are transferred to your wallet, you have two options: either withdraw the funds and deposit them into your bank account, or opt to reinvest the profits into another project.

Get Up to 25% Returns on PiggyVest

PiggyVest gives you up to 25% returns, a 6 to 12-month duration. The “25% returns” part signifies that the maximum expected profit on your investment is 25% of the amount you invest. For example, if you invest $100, a 25% return would mean you earn a profit of $25 on top of your original investment, bringing the total value of your investment to $125.

When an investment opportunity says, “up to 25% returns, 6 to 12-month duration,” it usually means that a profit of up to 25% on the money invested is expected over six to twelve months. If you invested $1,000 in such an opportunity, and the investment achieved the full 25% return, you would expect to receive:

  • Original investment: $1,000
  • Profit (25% of $1,000): $250
  • Total after 6-12 months: $1,250

However, when investing, it is important to carefully review the details of the investment opportunity, including the terms and conditions, the nature of the investment, and potential risks.

Key Features and Considerations

The investment segment of PiggyVest is designed to be easily navigable, offering users a simple and direct method to explore and invest in various opportunities.

  • Diversification: PiggyVest offers a variety of investment opportunities, allowing users to diversify their investment portfolio across different sectors and project types.
  • Risk Assessment: Each investment opportunity comes with its risk profile. PiggyVest typically provides information on the risk level to help investors make informed decisions.
  • Returns: The expected returns on investments vary based on the type and risk level of the investment. Higher-risk investments often offer higher potential returns.
  • Investment Terms: Each investment has specific terms, including the duration, minimum investment amount, and liquidity options. It’s important to understand these before investing.

As with any investment, there is always a risk of loss. Thus, it is important to do your research and consider your financial situation and risk tolerance before investing.


What is the minimum investment in PiggyVest?

Minimum of ₦3,000

A minimum of ₦3,000 should be transferred from your bank to fund your account. Select an investment plan with an interest rate that ranges from 30 days to a year. Your money is invested in securities like bonds and T-bills by Piggyvest. Get compound interest every day based on the plan you select.

What is the return on PiggyVest investment?

When a financial opportunity indicates a potential “up to a 25% return within a 6 to 12-month timeframe,” it suggests that the investment anticipates yielding a maximum profit of 25% over six to twelve months.

How much interest does PiggyVest Pay per month?

We calculate prorated interest using an annual rate of 6% for the specified period, which can vary from 10 to 30 days. Prorate interest for periods ranging from 31 to 60 days, applying an annual interest rate of 7%. For durations from 61 to 90 days, calculate prorated interest at an annual rate of 9% per day.

What are the benefits of saving on PiggyVest?

You can earn between 8% and 12.5% yearly interest on your cash without worrying about safety or security with features like Piggybank, Safelock, and Target Savings. For customers who wish to use dollar savings to protect their funds against inflation, there is also Flex Dollar.

More Related Content:

How to Contact First Bank Customer Care

Types of Loans Offered by Access Bank


How to Transfer Money from Union Bank using the USSD Code

FCMB Bank Transfer Code in 2024