HomeAndroidBest Money Savings Apps in Nigeria (Android and iOS) 2021

Best Money Savings Apps in Nigeria (Android and iOS) 2021

Saving money is one of the best habits for financial stability in Nigeria. Therefore if you're looking for the best ways to save money on your phone, you'll find the best money savings apps in Nigeria listed here.

Saving money has always been a habit for most Nigerians, let’s go back to the old days when it was just a mini piggybank (kolo) most people use in saving their money. But time has passed and with the fast-rising of Fintech Startups in Nigeria, a lot has been made easy for 99% of Nigerians.

These days we don’t have to walk into a banking hall to open a bank account because there are Digital Bank Apps we can install, sign-up on and get a bank account ready and that same easy method applies to saving money. Rather than walking to a bank or using the native piggybank, you can save money easily by just using a money savings app on your Android or iOS.

In today’s topic on NaijaKnowHow, you’ll be learning about the best money savings apps on Android and iOS, and with these apps, you can control how your money will be utilized, you’ll also get interest rates when you save money on these apps.

List Of The Best Money Savings Apps in Nigeria

1. PiggyVest

money savings apps in Nigeria

PiggyVest is one of the top leading companies in Nigeria that makes it possible for every Nigerian to save money with ease, utilize and grow their finance. PiggyVest has been around for a long and it has helped a lot of Nigerians save money in the best ways possible. On PiggyVest you can save and also invest and they have different savings plans.

Their interest rate goes up from 10% to 13% per annum on your savings. This app has a lot of features in it and if you want to have target savings, SafeLock or you want to invest in dollars, you can do it all on the PiggyVest app. It’s one of the best money savings apps in Nigeria and you can download it on Android and iOS.

2. Cowrywise

money savings apps in Nigeria

Cowrywise is another top money saving app in Nigeria and if you want to build a perfect financial future for yourself, this app is one of the best you can use and if you want to control your savings perfectly and also get a good interest rate when you save money, you can always trust Cowrywise. You can save in groups on Cowrywise and you just need to invite friends on a joint saving account.

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Cowrywise is safe, reliable and they also offer savings account like Regular Savings, Halal Savings and Saving Circles. You can arrange your saving circles to be Daily, Weekly, Monthly. Cowrywise is a very good money saving app in Nigeria and it’s one of the best money savings apps in Nigeria.

3. Crowdyvest


Crowdyvest is another money savings app in Nigeria, it’s very easy to use, it’s safe and secured and its saving plan is one of the best out there. Crowdyvest interest rate is one of the best of the rest of the money saving apps I know and their interest rate goes from 12% to 15% per annum and their saving plans makes it very easy to decide how you’ll want your money to be utilized for future use. One of their saving plan like Pace lets you save for a targeted amount under 3 months and more, and you’ll be given a huge interest rate when you’re ready to use your money.

Crowdyvest is a top money saving app in Nigeria, you can find this app on the Google Play Store or on Apple Store, it’s very easy to use and it’s a saving app with good interest and savings plans. It’s a very good money saving apps on Android and iOS.

Developer: Crowdyvest Limited
Price: Free

4. Kuda MFB

Kuda MFB

Kuda is a very popular digital banking app in Nigeria and the Kuda MFB is one of the best digital banks in Nigeria that makes sending money and paying bills very easy. With the Kuda app you can enjoy up to 25 free transfers to other banks, you can pay a phone bill, electricity bills, television bills and many more. They also allow customers to save money and get a certain interest rate when they save on the Kuda app.

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Kuda offers up to a 10% interest rate when you open a Flexible Savings account with them and also offer up to a 15% interest when you open a Fixed Savings account. You can also request a debit card to make payments online and shop on websites.

5. V by VFD

money savings apps in Nigeria

V by VFD is my favourite digital banking app in Nigeria, and it’s one of the best out there. You can enjoy unlimited free transfers from them and they also have good customer support that responds and give solutions to a problem when called upon. You can also open a savings account on V by VFD and you’ll be getting good interest on your savings, they have two saving plans and you can either open a Target Savings Account or a Fixed Deposit Account.

V by VFD is a very good savings app in Nigeria and it’s one of the best money savings apps in Nigeria, you can download their app on Android and iOS. If you want to utilize your money perfectly through savings, V by VFD is one of the best apps you can use.

V by VFD
V by VFD
Developer: VFD MFB
Price: Free

‎V by VFD
‎V by VFD
Developer: Savi.ng
Price: Free


It’s always important to save money, not just for the present but also for the future, and with these money savings apps being around for a long time now, you can achieve that and your money will be saved and also given a boost due to interests rates you’ll be getting from time to time.

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I love writing on top list articles covering both android games and applications. A short-time blogger here. I'm a music lover and a certified Liverpool Fc Fan.


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