PiggyVest Safelock High-Yield Fixed Deposit
4.9
/ 5.0 (Moniest Score)
•
Verified • Securities & Exchange Commission (SEC) / CBN Partner • Checked Sep 2026
Interest / Fee Rate
10%
- 18%
Annual
Limits / Amounts
NGN 50,000,000
Min: NGN 1,000
Tenor / Duration
1 - 36 mo
Flexible repayment
Disbursement Speed
Instant
Direct to account
Key Advantages (Pros)
- Interest paid upfront immediately upon locking
- Earn up to 18% per annum
- Strict lockup enforces financial discipline
- Option to save in USD via Flex Dollar
Considerations & Limits (Cons)
- Cannot break lock before maturity date
- Transfer limits on newly funded accounts
Moniest Research Verdict
Our In-Depth Evaluation
Top high-yield savings tool in Nigeria for beating inflation with guaranteed fixed returns.
PiggyVest sets the standard for disciplined automated savings in West Africa. With Safelock yielding up to 18% p.a. paid upfront and Flex Dollar protecting against currency devaluation, it is a must-have wealth builder.
Best suited for: Emergency funds, rent savings, school fees, long-term wealth building
Read Rating Methodology
Alternative Products in Savings & Investments
Buy fractional shares of over 3,000 US stocks & ETFs with as little as $1
Rate / Fee
1.5% trade commission
Max Limit
USD 1,000,000
Tenor
Ongoing
Speed
Instant
Fractional shares start from just $1 / ₦1,000
SIPC insured up to $500,000 on US equities
SEC Nigeria & SIPC Partner (US FINRA)
Verified Sep 2026
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