PiggyVest review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PiggyVest suits Nigerian savers who want easy access to their money and a rate well above the 3% median. The easy-access account pays 12% on a variable basis, charges a monthly fee of NGN 0 and runs through the Securities and Exchange Commission of Nigeria.
Key facts
- Best for
- Nigerian savers wanting a flexible digital pot that pays well without a monthly charge.
- Headline rate
- 12%↗
- Rate type
- Variable↗
- Access terms
- Free withdrawal to a Nigerian bank account or PocketApp account at any time; max 4 withdrawals a month to a bank account and 6 a month to PocketApp before all accrued interest is lost; one withdrawal every 10 hours; minimum withdrawal N2,000↗
- Monthly fee
- NGN 0↗
- Account kind
- Easy access↗
- Legal entity
- Piggytech Global Limited↗
- Headquarters
- Nigeria↗
- Founded
- 2016↗
- Support channels
- Email, Phone, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- piggyvest.com
Pros and cons
Pros
- A monthly fee of NGN 0 on an easy access account, so nothing is deducted for holding the balance
- Withdrawals are free to a Nigerian bank account or a PocketApp account, and transfers into the account carry no bank charges
- The 12% rate sits well above the 3% median rate on the site
- Support runs on email, phone and help centre
Cons
- Withdrawal rules bite: monthly caps apply to bank and PocketApp payouts and all accrued interest is lost beyond them
- The service is digital only, so there is no branch to visit
- Access covers 2 currencies only, which limits anyone holding money abroad
Who it suits
- Savers in Nigeria who need flexible access rather than a fixed term
- Readers who want a high rate without a monthly charge
- People who bank and save through an app rather than in person
Who should look elsewhere
- Anyone saving on a fixed term, since the account is easy access and the rate is variable
- Savers who need many currencies, since the account covers 2
- Readers who want branch service, since the service is digital only
Rates and card terms
The account pays 12% and the rate is variable, so the return can move rather than being locked to a fixed term. The account kind is easy access, which suits money that may be needed without notice. A monthly fee of NGN 0 applies, and the service is digital only. For scale, the median headline rate across the site is 3%.
How PiggyVest compares
8.8 vs 8.6
8.8 vs 9.5
8.8 vs 8.0
8.8 vs 8.9
8.8 vs 8.9
8.8 vs 9.1
8.8 vs 9.1
8.8 vs 8.9
8.8 vs 8.7- 8.8 vs 8.0
8.8 vs 9.0
8.8 vs 8.1
8.8 vs 8.7
8.8 vs 8.0
8.8 vs 9.5
8.8 vs 9.4
8.8 vs 9.3
8.8 vs 9.2
8.8 vs 9.0
8.8 vs 8.7
8.8 vs 8.5
8.8 vs 8.5
8.8 vs 8.5
8.8 vs 8.4
8.8 vs 8.3
8.8 vs 9.0
Where PiggyVest is available
- Available
- Nigeria
- Licence in Nigeria
- Securities and Exchange Commission of Nigeria (RC No. 1760152), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What rate does PiggyVest pay on savings?+
The headline rate is 12% and it is variable, so the return can move instead of being held to a fixed term. That compares with a median of 3% across the brands on the site. The account kind is easy access.
How much does a PiggyVest account cost to hold?+
The monthly fee is NGN 0, and the model is no monthly fee. Transfers into the account carry no bank charges. Withdrawals out are free to a Nigerian bank account or a PocketApp account.
How do I get money out of PiggyVest?+
Withdrawals go free to a Nigerian bank account or a PocketApp account, with a minimum withdrawal amount. There is a cap on how often money can be taken out, and going past the monthly caps means all accrued interest is lost. Withdrawals must also be spaced out over time.
Is PiggyVest regulated and where is it based?+
PiggyVest is licensed by the Securities and Exchange Commission of Nigeria, registered as RC No. 1760152. The legal entity is Piggytech Global Limited and it is based in Nigeria. Support is available on email, phone and help centre.
Can I use PiggyVest from an app only?+
The service is digital only, so everything runs through the app and there is no branch to visit. The business was founded in 2016. Withdrawals can go to a bank account or a PocketApp balance.
How many currencies can I hold?+
The account covers 2 currencies, so it suits a saver who keeps money in a single market. Local account details are available for us ach. Anyone holding several currencies at once would need to look elsewhere.
Sources
- en.wikipedia.org/wiki/Odunayo_Eweniyi checked September 26, 2026
Backs: Founded
“Two years later, the trio went on to start PiggyVest in 2016”
- piggyvest.com/faq checked September 26, 2026
Backs: Access terms, Currencies, Features, Headline rate, Local account details, Rate type, Support channels, Transfer fee, Licences
“You can withdraw for free at any time from your Flex wallet to your bank account or Pocket account”
- piggyvest.com/flex-naira checked September 26, 2026
Backs: Account kind
“Flexible access to funds that grow daily”
- piggyvest.com/terms checked September 26, 2026
Backs: Headquarters, Legal entity, Pricing model, Monthly fee
“PiggyVest is a company incorporated in Nigeria with affiliates in the United Kingdom and Nigeria”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term, Minimum deposit, Deposit protection.
Related by the facts
PiggyVest
Nigerian savers wanting a flexible digital pot that pays well without a monthly charge.