If you have been wondering how to create a PiggyVest account and save money, you are in the right place. PiggyVest has helped millions of Nigerians build healthy saving habits, invest in vetted opportunities, and take control of their finances.
The best part is that you can do all that from your smartphone.
In this guide, you will learn exactly how to create a PiggyVest account, set up your savings targets, and use the platform’s features to grow your money. So whether you are a complete beginner or someone looking to maximize the platform, this article covers everything you need to know.
What Is PiggyVest?
PiggyVest, formerly known as Piggybank.ng, is a Nigerian fintech savings and investment platform founded in 2016.
It allows users to automate savings, lock funds away from impulse spending, invest in vetted financial instruments, and earn good interest rates via their app.
As of 2024, PiggyVest has over 4 million users and has helped lots of Nigerians save billions of naira. It’s fully licensed and regulated by CBN, making it one of the most trusted digital savings platforms in West Africa.
Here is a quick overview of what PiggyVest offers:
- Automated savings with flexible schedules (daily, weekly, or monthly)
- Fixed savings with locked funds to prevent early withdrawal
- Investment opportunities with returns above traditional bank rates
- Group savings features for friends and teams
- Instant withdrawals to your linked Nigerian bank account
Why Should You Use PiggyVest to Save Money?
Higher Interest Rates PiggyVest offers interest rates that are even higher than what commercial banks pay on savings accounts. This means your money grows faster just by sitting on the platform.
Forced Savings Discipline. One of the hardest parts of saving is not spending the money. PiggyVest’s SafeLock feature locks your funds for a defined period, making early withdrawal impossible, which removes temptation entirely.
Goal-Based Savings You can create multiple savings targets for specific goals like school fees, a new phone, travel, emergencies, and track progress toward each one separately.
Automated Deductions: Set up automatic deductions from your bank account on a schedule. Once automated, you save without even thinking about it.
Security and Reliability PiggyVest partners with licensed financial institutions and uses bank-level encryption to protect your funds and personal data.
What You Need Before You Create a PiggyVest Account
Before you begin to create your Piggyvest account, make sure you have the following ready:
- A valid Nigerian phone number
- A working email address
- Your Bank Verification Number (BVN)
- A Nigerian bank account for withdrawals
- A smartphone with an internet connection (Android or iOS)
Note that PiggyVest requires BVN verification to comply with Central Bank of Nigeria (CBN) regulations. Your BVN is used for identity verification only and does not give PiggyVest access to your bank account.
Check Also: Piggyvest Interest Rate in 2026
How to Create a PiggyVest Account: Step-by-Step
Follow these steps carefully to create a PiggyVest account successfully and get started on your savings journey.
Step 1: Download the PiggyVest App
Open the Google Play Store (Android) or Apple App Store (iOS) on your phone.
Search for “PiggyVest” and tap the official app. Look for the green logo and the developer name PiggyTech Global Limited.
Tap Install or Get and wait for the download to finish. You can also register directly at www.piggyvest.com from any browser.
Step 2: Tap “Sign Up” to Begin
Once the app is open, tap the “Sign Up” or “Create Account” button on the welcome screen to access the registration form.
Step 3: Enter Your Personal Details
Fill in your full legal name, a working and active email address, your Nigerian phone number, and a strong password. And then click Continue when done.
Step 4: Verify Your Email Address
Check your inbox for a verification email from PiggyVest and click the link inside. If you do not see it within a few minutes, check your spam or promotions folder. Return to the app once verified.
Step 5: Complete BVN Verification
Enter your date of birth and your 11-digit Bank Verification Number. PiggyVest will verify it in real time within seconds. You can retrieve your BVN by dialing 5650# on any of your registered phone numbers.
Step 6: Set Up Your Transaction PIN
Create a 4-digit PIN that you will use to authorize all withdrawals and transactions. Avoid obvious combinations like 1234 or 0000, and make sure it is different from your ATM PIN.
Step 7: Link Your Bank Account
Go to Profile or Settings, tap “Add Bank Account,” select your bank, and enter your account number. Your account name will auto-populate for confirmation. PiggyVest supports all major Nigerian banks.
Step 8: Fund Your Wallet
Click on “Add Money” on the home dashboard, enter your desired amount, and complete the payment via debit card or bank transfer. Your balance is reflected immediately after a successful transaction.
That is all it takes to create a PiggyVest account. Once your wallet is funded, you are ready to start saving.
Check Also: Saving Apps with the Highest Interest Rates in Nigeria
How to Save Money on PiggyVest: Key Features Explained
Now that you know how to create a PiggyVest account, here is how to use it well to grow your money.
PiggyFlex: Flexible Savings PiggyFlex works like a high-interest digital wallet. You can deposit and withdraw at any time while still earning a competitive annual interest rate. It is ideal for emergency funds or money you may need on short notice.
Safelock: Fixed Savings Safelock lets you lock a specific amount of money for a fixed period ranging from 10 to 1,000 days. You cannot access the funds until the period expires, and in return, you earn a higher interest rate. This is perfect for people who struggle with spending their savings.
Target Savings: Create savings goals with a defined target amount and deadline. For example, “Save ₦300,000 for school fees by September.” Automate contributions daily, weekly, or monthly and watch your progress build.
Investify: Investment Products Through Investify, PiggyVest gives users access to vetted investment products, including agriculture, real estate, and fixed-income instruments, typically offering returns higher than regular savings rates.
Tips to Save More Money With PiggyVest
Automate everything. Set up daily or weekly deductions so savings happen before you get a chance to spend. Even ₦500 per day adds up to over ₦182,000 in a year.
Use Safelock for big goals. If you are saving toward rent, a car, or a large purchase, lock that money away so you cannot touch it prematurely.
Create separate targets for different goals. Individual savings pockets for each goal give you clarity and make progress more motivating to track.
Lock away any windfalls. Whenever you receive unexpected money like a bonus, a gift, or a refund, try to move a portion straight into Safelock before the temptation to spend sets in.
Reinvest your interest. When PiggyVest pays out interest, roll it back into your savings instead of withdrawing it. Compounding small gains over time produces meaningful results.
Read Also: Piggyvest Safelock Interest Rate in 2026
How to Withdraw Money From PiggyVest
Open the app and go to the relevant savings pocket.
Tap Withdraw, enter the amount, and confirm with your 4-digit PIN.
Funds will be sent to your linked bank account, mostly within minutes for PiggyFlex.
Note that PiggyVest has designated free withdrawal windows each quarter; withdrawals outside this period for certain savings types may attract a small fee.
FAQs on How to Create a PiggyVest Account and Save Money
Is PiggyVest safe? Yes. PiggyVest partners with licensed financial institutions, uses bank-level encryption, and is regulated in Nigeria. Millions of users have safely saved and withdrawn money through the platform.
How long does it take to create a PiggyVest account? The entire process takes less than 15 minutes. All you need is your phone, a valid email address, and your BVN to get started.
What is the minimum amount I can save? You can start with as little as ₦100, making PiggyVest accessible to people at all income levels.
Can I have multiple savings targets at the same time? Yes. You can create as many Target Savings pockets as you need, each with its own goal, deadline, and contribution schedule.
Does PiggyVest charge fees? PiggyVest does not charge fees for saving. Some withdrawals outside the free withdrawal window may attract a small fee. Always check the app for the current fee schedule.
Can I use PiggyVest if I live outside Nigeria? PiggyVest is designed for Nigerians with a Nigerian bank account and BVN. Nigerians in the diaspora who still hold active Nigerian bank accounts may be able to access the platform.
Final Thoughts
Now that you know how to create a PiggyVest account to save and grow your money, there is no reason to put it off.
The sign up process takes less than 15 minutes to complete, and the impact on your savings habits can last a lifetime.
Just start with whatever amount you can afford, automate your contributions, and let the platform do the work for you.
Ready to take control of your finances? Create your PiggyVest account today and start saving smarter.