Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,524,836 members, 5,777,949 topics. Date: Saturday, 08 August 2020 at 06:23 PM

Which Bank Is The Best For Savings Account In Nigeria? - Business (15) - Nairaland

Nairaland Forum / Nairaland / General / Business / Which Bank Is The Best For Savings Account In Nigeria? (60203 Views)

What's The Best Bank For Savings Of Business Income? / What Bank Pays The Best Interest Rate For Savings Account In Nigeria? / What Is The Maximum Deposit And Balance For A Savings Account? (2) (3) (4)

(1) (2) (3) ... (12) (13) (14) (15) (Reply) (Go Down)

Re: Which Bank Is The Best For Savings Account In Nigeria? by yawehoverall: 11:24am On Jun 30
Run!!!!!!!! Far away from ACCESS
Re: Which Bank Is The Best For Savings Account In Nigeria? by juicethekiddd: 11:33am On Jun 30
actually I use PNC and wells fargo and I can say they are the best bank so far ....
Re: Which Bank Is The Best For Savings Account In Nigeria? by Shollay20(m): 11:37am On Jun 30
Dejjman:
FCMB IS STILL REMAIN THE BEST...

Why sir
Re: Which Bank Is The Best For Savings Account In Nigeria? by Vers4Gideon(m): 12:31pm On Jun 30
I have Sterling, Polaris, piggybank. Sterling gives me no issue but cannot carryout My international online transaction. I was using MasterCard with My Skye bank until Polaris takeover nd My MasterCard changed to verve since then the bank is useless cus they gives issues of everything and customers problem impossible to solve. I use piggybank for My best saving experience. now to replace Polaris, I've just opened Ecobank - they seems to be giving services all other banks are not giving. I'm receiving My bank statement for each day delivered to My mail. without compromising SMS alerts. It works for My international online transaction .
Re: Which Bank Is The Best For Savings Account In Nigeria? by checherio(m): 12:40pm On Jun 30
Standard chartered is the best so far

1naira charge for transfers to any bank

No deduction on money

Before I started using them fully; they did a 3k giveaway for opening an account with them

Oh did I say it's also an international bank sponsoring Liverpool?

They are the best so far.

Transfers to other banks gets delivered in minutes

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by CeCeEkol(f): 1:55pm On Jun 30
Why is nobody mentioning Unity Bank Na? i think Unity Bank is great too, infact very. No deductions, silent Bank but very strong.

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by FlashGist(f): 2:20pm On Jun 30
Here is a detail article on best 5 banks in Nigeria with highest paying savings interest rate account
https://okfiscal.com/5-banks-in-nigeria-with-high-savings-interest-rate/
Re: Which Bank Is The Best For Savings Account In Nigeria? by evangcollins(m): 3:08pm On Jun 30
Union bank
Re: Which Bank Is The Best For Savings Account In Nigeria? by mike261(m): 8:40pm On Jun 30
UBA remain the best bank I tell u. I chose UBA over and over again
Re: Which Bank Is The Best For Savings Account In Nigeria? by Pwhitelaw(m): 8:55pm On Jun 30
Trayceey:
are you serious?
....Yes dear...You can deposit some cash to any UBA savings account to verify my claims.
Re: Which Bank Is The Best For Savings Account In Nigeria? by DedeNkem: 11:16pm On Jun 30
LudaChriz:
A lot of people are used to complaining about various commercial banks in Nigeria especially the low income earners as regards the dubious charges perpetrated by these Banks.

So I want to ask, which Bank is more considerate in terms of their charges for savings account currently?

Don't forget to tell us your reasons.

Let's talk business

First Bank may not be your first choice but your money is 100% safe forever.

The bank will never go down because it is the only bank backed by the Federal government and the oldest bank in west Africa!
Re: Which Bank Is The Best For Savings Account In Nigeria? by Esofruits(m): 1:17pm On Jul 01
The best for me might not be the best for you. zenith, Gtb, access, Polaris... you can choose any of this as your choice
Re: Which Bank Is The Best For Savings Account In Nigeria? by Ennyhorlar(m): 3:31pm On Jul 01
moremuch1:


standard chartered all the way, no sms charges, no maintenance charges,no atm card charges infact no charges at all. and their interest on savings is the highest in the industry . Just open e savers account with them and thank me later.

Opening an account with them is one of the best decisions that I made this year...

Let me stop here before someone calls me a Marketer.. tongue

their only downside is fewer branches, but hey who needs to physically visit a bank when all issues can be resolved online because their customer care is top notch... so less need to physically visit the bank ....

What is the interest rate?
Re: Which Bank Is The Best For Savings Account In Nigeria? by ItrendNaija(m): 4:24pm On Jul 01
I go with GTB because of convenience. I can do virtually everything with *737# without physically going to any of their branches.

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by seyiowoseeni(m): 7:23pm On Jul 01
Oluwabusobomi:

Do they pay interest and how much

Their interest rate is %15 I think.

You can look them up on their Twitter handle @Kudabank
Re: Which Bank Is The Best For Savings Account In Nigeria? by slimanyd: 7:38pm On Jul 01
seyiowoseeni:


Their interest rate is %15 I think.

You can look them up on their Twitter handle @Kudabank

I don't trust all these piggy banks. Story fit change tomorrow
Re: Which Bank Is The Best For Savings Account In Nigeria? by seyiowoseeni(m): 8:30pm On Jul 01
slimanyd:


I don't trust all these piggy banks. Story fit change tomorrow

KudaBank is a microfinance bank , and they are already patenering with payoneer
Re: Which Bank Is The Best For Savings Account In Nigeria? by BlushingSpider: 10:05am On Jul 03
I think Im going to try zenith bank
Re: Which Bank Is The Best For Savings Account In Nigeria? by Makschinchin: 10:15pm On Jul 05
Skye231:
Sterling bank.

Those people hardly charge me for transactions.

Ster what They hardly charge you maybe because you are not on their Classic Savings list.. Their interest rate is so unrealisable.. How can you tell me interest rate is 3.75℅ and comes if I don't make withdrawals more than 4 times in a year undecided They just keep deducting charges and never credit even if it's one naira angry
Re: Which Bank Is The Best For Savings Account In Nigeria? by Man90(m): 11:47am On Jul 06
slimanyd:


Per annum or monthly

Monthly, provided you don't withdraw more than three times in a month and you maintain a minimum of 100k
Re: Which Bank Is The Best For Savings Account In Nigeria? by slimanyd: 1:37pm On Jul 06
Man90:


Monthly, provided you don't withdraw more than three times in a month and you maintain a minimum of 100k

Thats crazy mehn. Whats the savings account called or I will just tell them I want to open an acct.
Re: Which Bank Is The Best For Savings Account In Nigeria? by AmandaFavour(f): 4:46pm On Jul 06
No one is mentioning Union Bank
I think they're cool, thou I haven't received any interest from them since I opened my account.
Re: Which Bank Is The Best For Savings Account In Nigeria? by iamhistreasure: 6:13pm On Jul 06
Zenith bank is the best bank .Contact me for easy account opening and documentation.
Re: Which Bank Is The Best For Savings Account In Nigeria? by Man90(m): 5:07pm On Jul 08
slimanyd:


Thats crazy mehn. Whats the savings account called or I will just tell them I want to open an acct.

Max yield savings

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by ThaThinka: 7:07am On Jul 18
Minajesty18:

Very true ......Stanbic IBTC or Union Bank

Union Bank, error. I never saw myself opening an account with them until last month.

I decided to check them out after making up my mind to port from Access. The fact that they allow you to open an account via their app swayed me. They gave the impression that having transaction and balance limits were the only things I'd have to contend with opening the chosen account type. They never suggested anywhere that I won't be able to transfer money out of the account.

I have wasted probably more than 20 hours since early June on this issue (in five visits) and I am not sure it's solved yet after managing to submit my documents two days ago.

The only time I was able to get into the hall of the nearest branch last month I was told that my account had been restricted and no reason was provided for it. Imagine. And that was after spending a full workday there!

This goes to show that if you don't feel so good about anything for some reasons, even if you can't explain them, it's often better to desist.
Re: Which Bank Is The Best For Savings Account In Nigeria? by Minajesty18(f): 1:45pm On Jul 18
ThaThinka:


Union Bank, error. I never saw myself opening an account with them until last month.

I decided to check them out after making up my mind to port from Access. The fact that they allow you to open an account via their app swayed me. They gave the impression that having transaction and balance limits were the only things I'd have to contend with opening the chosen account type. They never suggested anywhere that I won't be able to transfer money out of the account.

I have wasted probably more than 20 hours since early June on this issue (in five visits) and I am not sure it's solved yet after managing to submit my documents two days ago.

The only time I was able to get into the hall of the nearest branch last month I was told that my account had been restricted and no reason was provided for it. Imagine. And that was after spending a full workday there!

This goes to show that if you don't feel so good about anything for some reasons, even if you can't explain them, it's often better to desist.

Ehen.....maybe its recently they having this issue....I opened an account with this bank, late 2018 and ain't having issues with them, till i moved to Access Bank for some reasons......Thanks for the feedback though.... Banks with their new crazy policies dis dayz........

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by okalo(m): 12:55am On Aug 02
Zenith bnk July interest

Re: Which Bank Is The Best For Savings Account In Nigeria? by careytommy37(m): 7:59am On Aug 02
Those who screaming that Access only deducts because they follow the principle of notifying you of all deductions, if you have an App of any other bank, use it to check your account transactions over the space of last month. If you have multiple bank Apps, check it for all transactions across the banks then compare their charges and see if they are any different.
The fact they are not texting you debit alert doesn't mean they are not charging you.

My major issue with Access is their poor system portal. Why they didn't just maintain that of Diamond bank which was very smooth is what I don't understand. The new portal is so cumbersome.
Re: Which Bank Is The Best For Savings Account In Nigeria? by careytommy37(m): 8:01am On Aug 02
okalo:
Zenith bnk July interest
..

Credit interest for which type of account and from your calculations what percentage

1 Like

Re: Which Bank Is The Best For Savings Account In Nigeria? by okalo(m): 12:33pm On Aug 02
careytommy37:
..

Credit interest for which type of account and from your calculations what percentage


0.27%

(1) (2) (3) ... (12) (13) (14) (15) (Reply)

Opay Risks Ban As Report Finds Them Guilty Of Offering "Crazy Loans" / Kelvin Dandy 'Obaseki' Acquires $1M Mansion In Banana Island / I Have 80k, What business Can I Venture In?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. All rights reserved. See How To Advertise. 94
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.