Top 4 Safest High-Yield Savings Platforms in Nigeria (2025)

If you're still saving money in a traditional bank account in 2025, you're probably losing value every day.

Between inflation, bank charges, and interest rates that don’t even beat airtime bonuses, your money deserves better.

That’s why smart Nigerians are moving to high-yield savings platforms — safe digital tools that grow your money while keeping it accessible.

In this guide, we’ll break down the Top 4 Best High-Yield and High Interest Savings Accounts in Nigeria in 2025, based on real data, verified rates, and platform security.

1. PiggyVest — Up to 21% Annually (Plus Dollar Savings & Investments)

PiggyVest has become the go-to for disciplined savers in Nigeria, and for good reason.

Key Features:

SafeLock Savings: Up to 21% annual interest when you lock your funds for a fixed period. Piggy Bank interest of 18% per annum (more flexible).

Dollar Savings: Save in USD and earn up to 7% annually

Investment Options: Access verified investment opportunities like: Real estate, Agriculture (e.g., farming cycles), Transport and logistics funding — Some yield up to 35% annually.

Security: Registered as Piggytech Global Limited, Funds managed by licensed asset managers, Secured with 256-bit SSL encryption

Best For: People who want both fixed savings and diversified investment options, Those looking to beat inflation with long-term yield.

2. Cowrywise — 14% Fixed Plans + Fund Access

Cowrywise is best known for its structure and clean, automated saving experience.

Key Features:

Fixed Savings Plans: Earn up to 14% per annum depending on the duration

Mutual Funds Access: Save and invest in a variety of regulated mutual funds (low to high risk)

Goal-Based Plans: Customize saving timelines and goals (e.g. rent, capital, travel)

Security: Regulated by the SEC (Securities & Exchange Commission), Assets held with licensed trustees (e.g., Meristem Trustees)

Best For: Structured savers who want automation + investment exposure, Users building towards specific long-term goals.

Getting Started: Sign up For a Cowrywise account and Start Saving.

3. Moniepoint — 16% on Locked Savings (Plus Full Banking Features)

Moniepoint is better known for business banking and POS terminals, but they offer high-yield personal savings options too.

Key Features:

Locked Savings: Earn up to 16% interest annually when you set aside funds for a fixed term

Smart Wallets: You can segment savings into goals

Integrated App: Save, transfer, and bank — all in one place

Security: Licensed by the CBN as a Microfinance Bank, NDIC-insured — your deposits are covered

Best For: Business owners and individuals who want savings + banking under one roof, People who want a bank-backed platform with solid yield

4. Bamboo — Up to 25% on Naira T-Bills, 8% on Dollar Savings

Bamboo is mostly known for stock trading, but their fixed naira and dollar savings products are powerful tools for stable income.

Key Features:

Naira Fixed Savings: Earn up to 18% per annum

Dollar Fixed Savings: Save in USD and earn 8% annual interest

Treasury Bill Access: Invest in short-term government-backed securities with returns up to 25% annually.

Security: Partnered with Regal Investments, registered with the SEC, Assets held with Chapel Hill Denham

Best For: Users who want high-yield T-Bill access without going through a bank, Savers looking to hedge against naira devaluation with USD savings

Getting Started: Sign up For a Bamboo account and Start Saving and Investing.

How Do These Platforms Compare?

Platform	Max Interest	Dollar Savings	Investment Options	Security & Regulation
PiggyVest	Up to 21% p.a.	Yes (7%)	Real Estate, Farming, Transport	Asset Managers + SSL Encryption
Cowrywise	Up to 14% p.a.	No	Mutual Funds	SEC Regulated + Trustees
Moniepoint	Up to 16% p.a.	No	None	CBN Licensed + NDIC Insured
Bamboo	Up to 25% (T-Bills)	Yes (8%)	T-Bills, Bonds	SEC Regulated + Custodians

How Safe Are These Platforms?

We already covered their regulations, Moniepoint is a bank, So to make this very simple and understandable — Probably as safe as your commercial bank account but with high interests on your money, However I always follow my money. Do The same, Don't just dump money and pay no attention.