How to save in dollars on Piggyvest app?

Read all about how to save in dollars on Piggyvest app.

We have all seen how the naira has fallen to the dollar in recent years, the value of the naira seems to be ever on the decrease, this inflation means that the value of your money is not what it was a few years ago.

If you want to beat this inflation, it seems like a smart idea to save in dollars, to protect yourself against it.

Piggyvest, which is the leading savings platform in Nigeria allows you to save in dollars and also earn interest on your savings yearly.

This means that not only can you protect the value of your money by saving in dollars, but you can also earn interest of up to 7% annually.

In this post, I am going to be writing about how to save in dollars on the Piggyvest app and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on Piggyvest vs Cowrywise

How to save in dollars on Piggyvest app?

With Piggyvest “Flex dollar”, you can save in dollars on the Piggyvest app and earn up to 7% interest annually.

To save dollars on Piggyvest, you will need to buy dollars from Piggyvest, which is usually at black market rate. You can buy with your debit card or from your Piggyvest flex account.

To save in dollars on Piggyvest, follow the below:

1. Login to your Piggyvest account
2. Click on SAVINGS in the MENU in the bottom
3. Scroll down and click on Flex dollar

To buy dollar on Piggyvest, follow the below:

1. Login to your Piggyvest account
2. Click on SAVINGS in the MENU in the bottom
3. Scroll down and click on Flex dollar
4. Click on Buy dollars and you will see the current rate you can buy at

To withdraw dollar from Piggyvest, follow the below:

1. Login to your Piggyvest account
2. Click on SAVINGS in the MENU in the bottom
3. Scroll down and click on Flex dollar
4. Click on Pay to bank
5. You can choose to withdraw in naira or to your domiciliary account

About Piggyvest?

PiggyVest is West Africa’s first online “Savings & Investment” app. On the 7th of January 2016, Joshua Chibueze established “Piggybank.ng” as a savings-only platform.

For three years, they solely gave their users a savings feature. Then, in April of 2019, Piggybank changed its name to “PiggyVest” and began providing consumers direct investment opportunities in addition to savings.

After 5 years, Piggyvest has continued to provide exceptional service to its 1,000,000+ consumers, assisting them in managing their finances with ease and transparency. Every month, its users save and invest billions of Naira that they would have spent otherwise.

Piggyvest savings plans

Piggy Bank

This is where you are allowed to save daily, weekly and monthly and you also get to make withdrawals on the last day of every three months your savings can be automatic and, in a case, where you place a withdrawal before the due you will date will be charged a certain percentage from the amount you want to withdraw

Flex Naira

This plan is more flexible as you can make withdrawals at any time of the day without being charged and you are provided with an account number where you can make deposits and receive funds.

Flex Dollar

just like the name specified, you can save your money in dollars using their current.

Safe Lock

this saving plan gives you specific interest on any amount you save depending on how long the money is kept in their system and it is unbreakable until the date you set for withdrawal

Target

This savings plan allows you to save a certain amount for some time with interest if you can be disciplined enough to hit your money goals. You can also set targets for family and friends as well as try different target groups that you find interesting.

Piggyvest customer care

If you want to contact Piggyvest, you can do that via the following channels:

Email address: contact@piggyvest.com

Phone number: +234 700 933 933 933

Facebook: https://www.facebook.com/PiggyBankNG/

Instagram: https://www.instagram.com/piggybankng/

Twitter: https://mobile.twitter.com/PiggyBankNG/

Frequently asked questions (FAQs)

What is the current Piggyvest dollar to naira rate?

To check the current Piggyvest dollar to naira rate, click on SAVINGS, click on Flex dollar and click on buy dollar.

How to withdraw from Piggyvest to my domiciliary account?

To withdraw from Piggyvest to domiciliary account:

1. Login to your Piggyvest account
2. Click on SAVINGS in the MENU in the bottom
3. Scroll down and click on Flex dollar
4. Click on Pay to bank
5. Input the destination, amount, bank code, bank name, account number, bank address, sort code and swift code

How to transfer dollar to Piggyvest account?

You cannot currently transfer dollar to Piggyvest, you can only buy from the platform at black market rate.

Can I save in dollars on Piggyvest?

Yes, you can save in dollars on Piggyvest using the Flex dollar, and you can also get 7% interest annually on your savings.

Summary

With the above, you should now know how to save in dollars on Piggyvest. If you require further help, you can visit our contact us page or leave us a comment below in the comment section and we will get back to you as soon as we possibly can.

Conclusion

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