Introducing the Eyowo Vault. Save and Earn 18%

 It is no news that inflation is hitting Nigerians hard. You can see it daily in the rise of consumer goods and services facilitated mostly by import-dependent materials. It has become clear that leaving idle cash in the bank will only leave you with cash that cannot match new, ever changing prices. Every Naira you make counts. But how can it count more?

At Eyowo, we understand the role growing your money plays in shaping your overall growth and because our mission is to help you become better with money, we do not take this for granted. 

Before now, 13% interest on your savings was a fair deal, perhaps even the best deal in the market. But now, we are introducing something Better!

Say hello to the Eyowo Vault, where you earn an unmatched interest rate of 18%.

Eyowo Vault is a unique savings solution that opens you to a world of options for growing your money. All you have to do is choose the Vault that best suits you. Whatever the level of your pocket or dreams, we have a Vault designed for you.

Here’s what you need to know about the Vault:

• There are Six different Vaults, ranging from as high as N5,000,000 to as low as N100,000, all with the same interest rate. You can choose any Vault that works for you.

• If you’re wondering how many Vaults you can open on one account, the answer is multiple. Create different Vaults and earn 18% interest on each of them!
• The Eyowo Vault is a fixed savings product that locks your money for a period of 12 months. What this means is that unlike the other savings option, you cannot break your safe until the exact maturity date. If you would like your savings to be flexible or breakable, that provision has been made for you already, only that it has a maximum interest rate of 13%.
• What’s more? You can choose to earn your interest quarterly or at maturity. If you choose to earn your interest quarterly, a quarter of your interest will be paid to you every four months from the day that you create the Vault, and your full savings deposit will be paid into your account on maturity. And if you decide to earn your interest at maturity, your full interest will be paid into your Eyowo account (inclusive of your total savings deposit) at the maturity date. So, choose whatever plan works for you. You lead, we follow. 

Wondering how to open a Vault? We’ve simplified the steps for you: 

• Launch your Eyowo X App (Don’t have an account yet? Click here to get started)
• Click Grow on the app and select Offers
• Tap Start on the first tile 
• Select the amount you want to save
• Choose your Vault type - Options are available from as low as N100,000 to as high as N5,000,000.
• Choose how you want your interest – quarterly or at maturity.
• Click Preview to review your Vault and confirm the information provided.
• Choose a method to fund your safe
• Click Create Safe and you’re good to go! You are now part of the elite league that earn 18%on their savings.

So, take charge of your finances today and don’t keep that Naira idle. You work hard, your money should too. 

Can’t wait to see you on the other side of growth. 🎉

If you have any questions or concerns, kindly reach out to our Customer Success Xperts in-app or via any of our active social media channels (IG - @myeyowo, Twitter - @eyowo, Facebook - Eyowo). We’re available 24/7 to respond to your requests.