Good Morning Gents

Gents i stumbled into some website where you can save your money in an E-wallet and then get to withdraw when you have met your target savings. It has absolutely nothing to do with Ponzi from what i can see, and they claim to be in affiliation with UBA Plc.

Just wondering if any of you have used it before now and how viable are they.The web address is www.piggybank.ng

Mods Hope am not breaching any code of conduct

I would also like the info on this, I just hope its not a ponzi scheme

I am currently using it. Makes sense. Read more about it here:

https://www.nairaland.com/3783060/how-piggybank-alat-banking-nigerian#56261473

i am interested . my mail is Lardo4u@gmail.com

I'm using it. Been using it for nearly a year, what I hate about them though is their charge on withdrawal when it's not your withdrawal free date. I think u should be allowed to freely withdraw your money when u want, without charges because they obviously trade and makenprofit with your money.

What happened to buying our local piggy bank and save up. No charges whatsoever...#just my thought#

Another issue with piggybank. There is no option to disable autosave and no option to close your account. This means that you can't stop them from automatically withdrawing money from your card nor close your account with them. That is a huge red flag. If anyone knows how to do any of the above, kindly share please.

hayboss:
What happened to buying our local piggy bank and save up. No charges whatsoever...#just my thought#

if one is not very disciplined, it may be difficult. But, i kinda like this your idea.

They are very inconsistent, I have my money saved with them and I can't access it, they claim the password I have been using is incorrect, I will advise you don't use them. Save your money the orthodox way, I can't login I have complained and they didn't do anything. DON'T USE THEM

Piggybank is like our normal savings. Just that it is now done automatically through your bank account. The reason for the charge for withdrawal on a non-free day is to discourage you from withdrawing your savings unnecessarily. What would then be the essence. I am using piggybank and have made my first withdrawal on my savings. It is backed by WEMA bank, I think. It is a legal machinery for savings and there to encourage us save.

https://www.piggybank.ng/stories/code/S97cf79b1a?utm_source=mypiggybankstorysms&utm_medium=storyinvite&utm_term=mypiggybankstory&utm_content=mypiggybankstoryinvite&utm_campaign=mypiggybankstory

Dear there is option to disable autosave

if one is not very disciplined, it may be difficult. But, i kinda like this your idea.

I don't see what is so difficult in disciplining oneself to put aside a certain percentage of earnings each month!