How much can I save on CowryWise?
You can start your saving plans with as low as ₦100 (One hundred Naira). We do not have an upper limit. You have
a billion Naira you want to save with us? Please go ahead.
How frequently can I save?
You can set your saving plan(s) to be daily, weekly or monthly. You only need to specify this once and CowryWise
ensures money is saved automatically on specified days into your Cowrywise account.
How many saving plans can I create?
You can create as many saving plans as you wish. Housing Plan, Car Plan, Wedding Plan, Education Plan, Children
Plan, Vacation Plan and so on. You have the flexibility to give each plan a unique name that resonates with
your saving goals.
How long can I keep my savings with CowryWise?
There is no minimum or maximum time limit. You can keep your savings with us for as long as you wish. Remember,
we make everyday count by making your savings earn return daily.
Can I put my saving plans on hold?
Yes. You can do that by click of a button. Edit your savings plan and select “hold” on our user-friendly dashboard.
Once you do this, all automated savings on your account are immediately put on hold. You can reactivate your
plans once you are ready to continue.
When does my saving begin to earn returns?
Your savings start to earn return the following day you begin saving on Cowrywise and on daily basis thereafter.
Your daily returns are credited to your Cowrywise account by 12 midnight each day.
Can I monitor my savings and returns?
Absolutely. Our dashboard was designed with this objective in mind. You can monitor the progress on your savings
and returns on daily basis on our interactive and graphical dashboard. Besides, we also push instant notifications
to your verified email address and phone numbers on key transactions on your Cowrywise account, so nothing
goes unnoticed or unapproved by you.
What rate of return do I earn on my savings?
We offer you a minimum of 10% per annum on any every saving you make and this return acrues to you on daily basis.
If you choose our Fixed Savings Plan, you can earn up to 15% interest per annum. This compares with 4.2% that
banks give on your savings account which you can only get if you dont withdraw more than 4 times in a month.