₦airaland Forum

[quote author=emmasoft post=85885583][/quote]I think I'll move little of my fund here as MMF is not paying well again. I am still OK with any rate around 10-11%

MyMail2D:
Hi,
I have installed and registered on the App about 2 weeks ago.
I did a transfer into the Apps which was deducted by my Bank, but it did not reflect on my wallet.
I have been following up with them to get the refund done, but still waiting.

Their management of issues needs to improve.

I hope you quote your account ID in the payment, this could cause an issue

Has anybody use I-Invest here before if yes, what did you see about there platform. I think they promise a very good interest rate on there treasure bills packages. Please for those that have been using the platform what can you say about them?

temi4fash:
I got saw deal of 13.7 for 122 days on I invest today.

They seem to have very good rates presently.

Any body has an idea what happens if I liquidate before maturity

I think I'll also consider using this I-Invest, I have been looking for other way to diversify. I had account with united capital running there MMF and they do have reasonable rate of 13%+ but lately they have really retrograde in terms of interest rate.

Patriot9:
Hello please I need you guys to help me out.
I recently opened a Mutual fund account with United capital and I downloaded thier mobile app. However, whenever I trird to login with my customer i.d it wont just work.
I need someone to help me out on how to use their app as a first timer

Put your mail address where you ought to put your I.D, that's how it works

Emmaesty:
Hello Everyone,

Thank you for your advice on the previous issue I had.

I need your clarification on this. I opened a mmf account with United Capital and I funded the account yesterday (one off payment). The money reflected today but with no interest. I saw a "Subscribe" button and I am not sure whether I am supposed to click on it before my money starts accruing interest.

Please help. This is my first mmf account

You can actually click on subscribe and follow the procedures, but even if you do nothing your account will be automatically converted to portfolio from cash balance within 24hrs and you start getting interest immediately your cash balance is converted to portfolio

234ng44uk:
How are you my friend? This low yield has finally caught up with United Capitals, they're now paying 12.6 range.

Yes bro, but I am very sure that with time it will go up

Emmaesty:
Hi guys.

I initially wanted to open a mmf with FirstBank but it looked like it would require me to visit their office physically so I opted for United Capital.

I was filling out the form online and stopped where I was asked to upload my passport,utility bill and signature which I did not have handy.

I cancelled the application but lo and behold, i received a mail stating that my account has been activated.

It contained my new account number and requested me to pay in some accounts. I am really confused at this point cause the mail said nothing else.

Please help

This is united capital customer care whatsapp line 08168282396 talk to them, they will put you through on what and what to do

folushorex:
@ sterling Assest 13% interest is sure, no fluctuation, like weather
https://www.samtlng.com/
call me 08023654347, to clear your doubts

Are you sure of what you are saying or just saying this for advertising purpose.

Nnamz:
What will the driver take home if he drops 30k weekly? Does uber/taxi really make that much?

There is nothing we in transport when it comes to Lagos State.

Nnamz:
Bros, where would uber fetch you 35K weekly?

He is right, the remittance is #30-#35k weekly. I have someone that is into it.
In Lagos though, I wouldn't know of other places.

Asleykene:
Who else noticed fbn money market fund rate has been dropping on a daily basis....... currently 12.96%

United Capital has dropped a little to 12.98% recently too

EMMAACHILE:
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kpas4kpas:
Still Available

Hello bro, did you still have the seed i new few for trial I based in Lagos

freeman67:
I don't use them but I believe if it happens that way it means they are processing updates..it will definitely comeback to normal after they have finish settling the account with the holiday interest.

All issues had been resolved. Thanks bro

I have been checking my united capital account since this morning and all is blank, my total portfolio is showing #0.00 balance. Is there any other person that's experiencing same

234ng44uk:
Okay. Thanks for clarifying. FMAN still puts their yield at 13.1% though, I guess they've joined the bad gangs of assets managers who quote more than they actually pay. 12.95% isn't bad, hopefully the downward trend won't continue.

Plz sir how reliable can you rate this FMAN sir?

deff2:
access bank is better

OK, please may I know their most recent rate for 90 and 182 days respectfully

234ng44uk:
Do you still get 13%? I heard United Capitals paid 12.4% today. Please confirm.

As per interest paid for 30th of may according to my calculations they paid 12.28%, but they have been performing well so far I think I am still having something like 12.95% on average so far.

oluayebenz:
GTB rate for 182 days is 11.5

Thanks man, I think this GTB is worth going with. Pls do we have any other bank that have the same or better rate for the same tenor of recent, if there is playing do let me know

captainhoo:
Gtb was successful with 91 and 182 days. They said the public holiday caused a delay. I've been debited for my investment. I don't know the rate though.

I prefer Gtb to my other banks because their rate is usually among the highest rates for any bidding and I can invest from the comfort of my home without visiting a branch.

Kindly share the rate with us here for the two tenure when you eventually know it, I am presently contemplating on which bank to choose amongst Stanbic, First bank and GTB.

chigo4u:
Please which people offers the best MMF. I mean flexibility, reliability and good rates. I want to put some money in mmf

You can go for united capital, my relationship with them has been awesome. Most especially using there app.

BlackAfrican:
At the time I did mine, it turned out Stanbic had the highest rate... Didn't get the info on time though. You certainly want to avoid fcmb cos they had the lowest from my findings.

Ok, thank you

BlackAfrican:
Hello leader...

Can you provide a link to Stanbic IBTC verified FB page to avoid stories that touch... I did Tbills...now I want to put the upfront in MMF to max returns...

I saw somewhere that one can continuously add to capital on MMF.... can you tell me how that is done?

Thanks mate

As per your question I don't know about Stanbic but I have account with United Capital which has been paying me averagely 13% since about 2 months ago and I usually top-up my portfolio anytime I feel like using there #Investnow App and the experience has been awesome. It is stress free as the app allowed you to pay using your Debit card and the cash will be deducted from your account instantly while it reflects in your portfolio within 24hrs.

BlackAfrican:
Hello leader...

Can you provide a link to Stanbic IBTC verified FB page to avoid stories that touch... I did Tbills...now I want to put the upfront in MMF to max returns...

I saw somewhere that one can continuously add to capital on MMF.... can you tell me how that is done?

Thanks mate

Your system is what I actually want to be doing now, though I had invested in MMF with united capital already but I am looking forward to investing in TBills now in order to grow my MMF quarterly, plz which bank or financial house will u advice me to use. Cos I want bank or investment house that have bidding rate of nothing less than 12.5%

Desanta:
Your TB of 12,5% gives a true yield of about 14.3%.
I think you should move your money to TB and leave your emergency fund with MMF.

Plz I haven't understand the scenario of the yield and true yield about Tbills, is there anybody there that can make this clear to me. Thank you in advance

eddyakinrinde:
The analysis is on point. But pls need ur advice here. I used to have 2 different tbills running around Dec last year. One is 5.1m and the other was 1.2m. When the rates was dropping then I thought I needed to diversify my investment so moved the one of 1.2m to mmf and the other one was put into another bills at 14% then and will mature in Dec. The one in mmf is with united capital mmf. By Gods grace I have bn able to add (top up) more funds to it since January and its now 3.1m still in the mmf. On the average the daily interest since past 2 to 3 months have bn 13% which is higher than the current annual rate for tbills (12.5).
So based on your advice, is it wise to book 3m tbills now and use the upfront to continue the mmf considering the current rates mentioned or just leave the funds like that in the mmf.
Pls everyone's advice is appreciated.

Pls sir which bank or investment house do you use in trading your treasury bills, I have MMF account with United Capital already and had some funds there. But I am expecting a fund soon and I'll like to make use of the advice provided by @realityshot so I need a bank/investment house that have good bidding rate lately. I am expecting a quick response from anybody. Thanks

Please can I see Agege bus from CMS or I'll need to get to Oshodi before heading to Agege. I am going to Agege from Lekki. Quick response will be highly appreciated

Please I want someone that knows how united capital operate to put me through, though I have done some research but I need someone that have account with them already to give me an enlightenment

234ng44uk:
Stanbic and a lot of them do that abracadabra - the more you see, the less we pay. I can confirm that AXA Mansard pays rate stated on their website. @kendsage also confirmed that FBN do so too.

What of united capital do they also pay the actual promised rate, because am just planing to open account with them

Rick9:
Been using my leagoo kicca power since November, no fault yet.

I have being using mine since February and there is no problem also