femi4:
What is cowrywise? That's not popular

Cowrywise is not popular?

Even after getting investment of over 40M naira and features in almost every finance based event nay competition, with its founder being one of the most adroit and resourceful individual in Nigeria. They're not popular?

kaibamapolia:


12.44% is for safe lock. core saving and chanllege is 10%

are you mynd44?

Offpoint:
Open a new bank account and don't issue for ATM, don't use mobile banking app and don't use USSD.... you're good to good.

Works like charm

Offpoint:
Open a new bank account and don't issue for ATM, don't use mobile banking app and don't use USSD.... you're good to good.

not everyone like stepping into banks.

Open a special savings acct with any of the commercial banks.Dont subscribe for any of the alternative e channels.
With this,u are 101% that you have control of your money

theunnamed:
Been trying to save too, but I just couldn't trust either of the above mentioned...

Although Access bank target savings account has been forcing me to save...they won't allow you withdraw on the counter, and they won't give you ATM card... I almost cursed them one day

Are you serious?

So when and how will you withdraw then?

NwanyiAwkaetiti:
not everyone like stepping into banks.

This 2018 dear, if you don't wanna go to bank bank can come to you.

OgeFather:
A little word of advice before you go ahead with your local method of saving

1. if you're getting any of those, do it yourself or watch while it's done because some witches and wizards are using the method to teleport all your saving to thier shrine


you'll only realise you've been saving for them on the 24th of December when you open and nothing is inside the bank

Is this sarcasm or you believe this?

I think kolo is better......the iron type...lol

I use the saving plan of ALAT also very effective 10% interest rate.

Piggybank. Try virtual Piggybank today https://www.piggybank.ng/stories/story/5b973cffe728?utm_source=mypiggybankstorypage&utm_content=mypiggybankstory&utm_campaign=mypiggybankstory

Madamspeaker:
Hello Nairalanders,

Please, I want to cultivate a saving culture and I am thinking of using piggybank or cowrywise.

Which one should I go for and why?

Thanks, i will be in the comment section

piggy bank

cant wait till they get scammed
hahahaha

QueenBelle:
when did you start using yours?

January this year

I use CowryWise though, and I've had no issues with them.
You can't withdraw anyhow you like. And there's an interest rate of 10.5% P. A
I have no idea of how Piggybank works. But I think it's also reliable, based on the above comments. The Choice is yours.

Mynd44:

January this year

I just started mine.... Like two months ago.
I resolved to quarterly withdrawals
How about you?

Zero chilling

Ambcharles:
piggy bank

If Piggyback decides to disappear or close app or shop like MMM who do you hold?

This is Nigeria. Where even traditional banks disappear (example Skye bank, intercontinental bank, etc not to talk of an app)

Open a traditional savings account and put all the restrictions you want for savings account. Eg: No Atm, None of those 737 codes, no internet banking withdrawals , etc etc. You can tell the bank what you want.

This way you control your money and not allow one fly by night app control your money.

Offpoint:
Open a new bank account and don't issue for ATM, don't use mobile banking app and don't use USSD.... you're good to good.

You have forgotten bank charges

Madamspeaker:
Hello Nairalanders,

Please, I want to cultivate a saving culture and I am thinking of using piggybank or cowrywise.

Which one should I go for and why?

Thanks, i will be in the comment section

I use cowrywise

QueenBelle:
I just started mine.... Like two months ago.
I resolved to quarterly withdrawals
How about you?

Errrr…….

I have issues with discussing my financial activities online.

Sorry, if it sounds like I shut you down

tivta:

You have forgotten bank charges

you won't be charged bro...

Mynd44:

Errrr…….

I have issues with discussing my financial activities online.

Sorry, if it sounds like I shut you down

no....
I understand.
Its okay to be discreet

ednut1:
Y not use mutual funds

There are several... which is the best?

Ask4bigneyo:

Is that how you talk to your husband at home?

is that how you answer question in class?

theunnamed:
Been trying to save too, but I just couldn't trust either of the above mentioned...

Although Access bank target savings account has been forcing me to save...they won't allow you withdraw on the counter, and they won't give you ATM card... I almost cursed them one day

Lmao

Madamspeaker:
Hello Nairalanders,

Please, I want to cultivate a saving culture and I am thinking of using piggybank or cowrywise.

Which one should I go for and why?

Thanks, i will be in the comment section

I know nothing about piggybank but I use cowrywise and I like it for these reasons

1. It's very user friendly. Everything about the website and setting up my account was easy, no hassles.

2. Responsive & helpful customer service. The chat message platform on their site is active.You receive a response to your questions or complaints within a few minutes of communicating it.

3. Remarkable client services. I like the articles they send me via email on financial matters. Cowrywise has helped to educate me and keep me well informed about finances, savings & investments through those articles.

I like to read so their articles are appreciated. If you don't like to read their emails may feel like a bother & a nuisance

4. They have different saving platforms, suitable for different needs.

I like and appreciate their product & services. I will gladly recommend them any day, any time.

danjumakolo:
Open a special savings acct with any of the commercial banks.Dont subscribe for any of the alternative e channels.
With this,u are 101% that you have control of your money

where most of their int per mnth doesnt exceed 0.8%. I think one of d main reason people go for these online saving platforms is their relatively high rate of interest on savings..

If they run away with people's money. Who are they going to hold responsible?

Mynd44:
Don't know about Cowrywise.

I use Piggybank though

From CowryWise.

CowryWise is your trusted personal wealth manager. We enable you save and invest securely to meet your financial goals. #BeyondSavings CowryWise is a FinTech company democratizing access to premium financial services by making these services available to the mass market cheaply. We are leveraging technology and investment management to re-imagine how personal finance services are delivered to people. We do this by helping our customers achieve their savings and investments goals in a simple, secure and rewarding manner. You can start saving and investing by visiting our website or download our Android mobile app on Google Playstore or visit our Facebook Messenger Chatbot, called Sisi.'

Offpoint:
Open a new bank account and don't issue for ATM, don't use mobile banking app and don't use USSD.... you're good to go.

You can also ask for a debit freeze on the account