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How Safe Are Your Funds With Piggybank? - Business (3) - Nairaland

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Re: How Safe Are Your Funds With Piggybank? by Nobody: 12:22pm On Nov 04, 2017
greggng:


It will certainly happen. All those asking you to save with dogbank sorry piggybank ve they tried to find out were that bank is situated? Are they registered with cac? Who re their directors? If you re looking for another mmm to do better ve a rethink
it's better you get informed before you talk. Don't just talk!

3 Likes

Re: How Safe Are Your Funds With Piggybank? by Prechy08(m): 12:44pm On Nov 04, 2017
Why do an online piggy bank while you can save in a bank. I work for a mortgage bank, we have a savings scheme where a staff comes twice or trice a week to pick up cash and deposit it right there before you (you receive credit alert) before leaving. This is a scheme that will help you save for rent, school fees etc.
Interested : 08118894323
Re: How Safe Are Your Funds With Piggybank? by ADUKKY(f): 12:54pm On Nov 04, 2017
Any piggy bank apart from this is a conuterfiet

9 Likes

Re: How Safe Are Your Funds With Piggybank? by nextstep(m): 1:01pm On Nov 04, 2017
@OP just open a savings account in your regular bank. Move your money into that on a regular basis. Done. Some banks have standing orders that can transfer automatically for you, and you get interest on it. A lot of times the funds are not linked to your current account ATM, so no chance of somebody getting it. You can also start a savings in another bank and never use that ATM.

No app can help you save what you don't already have, plus its risky to put your money in an institution you can't visit, in my opinion.

3 Likes 1 Share

Re: How Safe Are Your Funds With Piggybank? by greggng: 2:09pm On Nov 04, 2017
majekdom2:
it's better you get informed before you talk. Don't just talk!


You ve been noticed what info do you ve for gullible Nigerians? As for me and my family carry ur info waka
Re: How Safe Are Your Funds With Piggybank? by donsheddy1(m): 2:55pm On Nov 04, 2017
just2endowed:


You think.
That's because I can't remember which.
Re: How Safe Are Your Funds With Piggybank? by sholapot: 6:44pm On Nov 04, 2017
Open a diamond Bank account download their app,and do diamond esusu, it's very safe and affiliated to a bank. I've been using it for months.

2 Likes

Re: How Safe Are Your Funds With Piggybank? by stancozy(m): 11:00pm On Nov 04, 2017
sholapot:
Open a diamond Bank account download their app,and do diamond esusu, it's very safe and affiliated to a bank. I've been using it for months.

Esus doesn’t come with interest.
With piggy bank, your money is saved in UBa
And you get 6% interest annually.

For the safelock package, you get 25% of your I trerest on deposite

3 Likes

Re: How Safe Are Your Funds With Piggybank? by visitor29: 6:23am On Nov 06, 2017
which bank has come out OPENLY to say they are in partnership with these guys?

1 Like

Re: How Safe Are Your Funds With Piggybank? by W3xy1(m): 8:21pm On Aug 27, 2018
Those of you still using it, please is it safe?
Re: How Safe Are Your Funds With Piggybank? by W3xy1(m): 7:17am On Aug 28, 2018
teamb:

It's safe
thank you
Re: How Safe Are Your Funds With Piggybank? by Emeskhalifa(m): 11:02am On Aug 28, 2018
dominique:
I'd rather save my money in a physical piggy bank

Been using it now for the past 1yr with no hiccup

1 Like

Re: How Safe Are Your Funds With Piggybank? by Nobody: 12:47am On Dec 31, 2018
Heigod! I just hope say no be when Yetunde join piggybank them go pack up o

4 Likes

Re: How Safe Are Your Funds With Piggybank? by Alkenes: 12:27am On Jan 06, 2019
no there's no chance, its affiliated to a bank I can't remember which it's like a sub product
it's affiliated to UBA bank plc

1 Like

Re: How Safe Are Your Funds With Piggybank? by Nobody: 11:34am On Feb 05, 2019
Re: How Safe Are Your Funds With Piggybank? by Chriscero(m): 4:38pm On Feb 06, 2019
I heard about Piggybank for the first time on Instagram. So, I contacted them, confirmed their physical address, checked that they were licensed by the CBN and NDIC. However, I noticed there was a disparity between their current address and the address stated on the NDIC list. I queried it and they explained that it was the former address of the Microfinance Bank whose licence they acquired. They promised to update their address with the regulator. Anyway, with fear and trembling in my heart, I started with them and no problems so far. It has been good testimonies about them so far so I ploughed in and locked six figures but I am still concerned. The upfront interest payment on deposits is great but is it sustainable considering Nigerian market realities?

8 Likes

Re: How Safe Are Your Funds With Piggybank? by Techliet(m): 11:07pm On Feb 20, 2019
piggybank is a great savings platform in nigeria
Re: How Safe Are Your Funds With Piggybank? by Vichin: 6:52pm On Feb 25, 2019
I want to quit my account on piggy bank, how do I do it
Re: How Safe Are Your Funds With Piggybank? by Gemini69(f): 11:37pm On Apr 27, 2019
I just joined nd few pple are discouraging me to opt out but i just checked and there's no option for DAT. How do i opt out please.
Re: How Safe Are Your Funds With Piggybank? by Chriscero(m): 6:32pm On Jun 23, 2019
Chriscero:
I heard about Piggybank for the first time on Instagram. So, I contacted them, confirmed their physical address, checked that they were licensed by the CBN and NDIC. However, I noticed there was a disparity between their current address and the address stated on the NDIC list. I queried it and they explained that it was the former address of the Microfinance Bank whose licence they acquired. They promised to update their address with the regulator. Anyway, with fear and trembling in my heart, I started with them and no problems so far. It has been good testimonies about them so far so I ploughed in and locked six figures but I am still concerned. The upfront interest payment on deposits is great but is it sustainable considering Nigerian market realities?

Follow up: I have been banking with PiggyVest for over 6 months now and no regrets. It is not MMM or a wonder bank. Their interest rates are even lower than what obtains in an investment house. It is really a Financial Technology (FinTech) company that is disrupting mainstream banking the way Facebook and social media disrupted mainstream media, airbnb disrupted the hospitality industry, ride-hailing (Uber and Taxify) disrupted the transportation industry and online education is disrupting traditional classroom, face-to-face education. It is totally safe and insured. The main attraction for me is the Safelock feature. Notice whenever you save up a sizeable sum, something ridiculous just comes up like ‘Hello! Segun! Ibolowa? Grandma has swallowed a cutlass! Send money!’ Well, with Safelock, you cannot touch the money at all! I am amazed at how much I have been able to save in just 6 months of locking funds away without being able to touch them! I have been to PiggyVest’s Lagos office and if you want, and your savings are sizeable, they can prepare embassy visa support letters for you for free! How cool is that?

9 Likes

Re: How Safe Are Your Funds With Piggybank? by mayrho(m): 7:35pm On Jun 25, 2019
I have a major issue with you providing all the details on your debit card, all the security features.
Re: How Safe Are Your Funds With Piggybank? by Zibahstores(f): 10:32pm On Jun 25, 2019
Gemini69:
I just joined nd few pple are discouraging me to opt out but i just checked and there's no option for DAT. How do i opt out please.
Who are those discouraging you? They don't love you and they won't spare you a dime when you run to them. I have been using piggybank (now piggyvest) since early 2018, I have had no issues with them. Instead they have helped me curb my reckless spending habit and helped me save more. They have amazing features, like target savings, safelock and lots more. Honestly I feel like it's the best decision I have made all life.

2 Likes

Re: How Safe Are Your Funds With Piggybank? by PearlStreet(m): 12:37am On Jul 02, 2019
sholapot:
Open a diamond Bank account download their app,and do diamond esusu, it's very safe and affiliated to a bank. I've been using it for months.

Diamond Bank has drowned, Piggyvest is still here.

Irony of life.

14 Likes

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