Saving money in Nigeria feels like a sport. Between rent, fuel, data, and daily temptation (aka "just small shawarma"), it’s hard enough to hold on to money - let alone grow it.

That’s where PiggyVest comes in.

But does it actually help you build wealth? Or is it just another flashy fintech app with nice UI and zero returns?

I’ve used PiggyVest for over two years now. And in this post, I’ll break it down like you and I are sitting over a drink. No hype. No jargon. Just the facts that matter.

Is PiggyVest Legit?

Let’s get this out of the way.
Yes, PiggyVest is legit.

It’s registered as Piggytech Global Limited. Partners with AIICO Capital — a licensed fund manager regulated by the SEC (Securities & Exchange Commission).

They paid out over ₦835 billion in 2024 alone to over 5million users.
I’ve personally withdrawn multiple times, no issues.

So if your biggest fear is “Can I get my money out when I need it?”
The answer is yes - and fast, too.

How Does PiggyVest Really Work?

PiggyVest is a collection of 7 smart wallets, we'll talk about 5 of them, each with a purpose and different return.

Here’s the breakdown:

1. Flex Naira – 12% Annual Interest

This is your everyday wallet. You can deposit and withdraw anytime, Interest is calculated daily, paid monthly. It’s perfect for emergency funds or when you don’t want your money locked up.

Best part? You still earn 12% annually, even if you move money in and out.

2. Piggybank – 18% Annual Interest

This is your main savings plan. You choose your savings frequency: daily, weekly, monthly. You can set withdrawal dates (e.g., June 30, December 31). The more you stick to it, the more disciplined you become.

Real Talk: If you’re trying to build a real savings habit and you want to trick your brain into consistency — this is the wallet to use.

3. SafeLock – Up to 22% Interest

This is the “lock it and forget it” account. You pick how long to lock your money (30 to 1000 days). The longer the lock, the higher the rate (up to 22%).

You CANNOT withdraw early - even if you cry (I’ve tried).

This is perfect for: Rent, School fees, Business capital. Anything you know is coming but don’t want to touch yet. SafeLock teaches you self-control - and pays you for it.

4. Flex Dollar – 7% Annual Interest

Want to save in USD and beat the naira's mood swings? Flex Dollar lets you buy dollars (in-app). You earn 7% annually. Withdraw in USD or naira - no wahala.

In a time where the naira fluctuates like NEPA, this is a solid hedge.

5. Investments – Up to 35% Returns

This is where PiggyVest takes things up a notch.
Inside the app, you’ll find Investify - a curated list of safe, verified investment options, such as:
Agriculture, Real estate, Transport and logistics, Fintech debt notes.

Returns go as high as 35% annually, depending on the project.

Bonus: You can start with as little as ₦5,000.

If you’re ready to build your capital base faster, this is how.

Let’s Compare the Options:

Plan	Interest Rate	Withdrawal Access	Best For
Flex Naira	12% per annum	Anytime	Emergency fund, daily savings
Piggybank	18% per annum	Set withdrawal dates	Consistent monthly saving habits
SafeLock	Up to 22%	Locked until maturity	Long-term goals (rent, school fees)
Flex Dollar	7% (USD)	Anytime	Hedging against naira devaluation
Investify	Up to 35%	Based on project terms	Passive income & capital growth

How I Personally Use PiggyVest

I split my money across 4 piggyvest products:

SafeLock for Long-term and Important savings - Capital Base, I also use Piggybank for goal based savings like rent, I'm also using the Flex Dollar option to save in USD. Lastly I utilize Investify to Invest when I see a good opportunity on the Piggyvest platform.

No matter my income, I treat savings like paying myself first.

Even ₦500 consistently saved beats ₦50K you blow in one weekend.

Hidden Fees or Charges?

None. PiggyVest doesn’t charge for deposits, withdrawals (outside SafeLock rules), or transfers within the app. They make money from interest spreads - and they're transparent about it.

✅ Pros

Competitive interest rates
Multiple savings tools for different goals
Dollar option available
Verified investments
Clean interface + withdrawal always works

❌ Cons

SafeLock can’t be reversed (this is the point though)
You need to stay disciplined, the app won’t just save you

Is PiggyVest Worth It in 2025?

Yes. If you’re serious about building real money habits and turning your income into long-term capital — PiggyVest is one of the best tools in Nigeria.

Whether you’re earning ₦50K or ₦500K, the goal is the same: Build a capital base. Let your money work. Get peace of mind.
PiggyVest doesn’t just hold your money, it helps you grow it.