Top 10 Best-Rated Savings Apps In Nigeria To Grow Your Money In 2025: Earn & Invest Smart

With rising inflation, unpredictable naira value, and a growing cashless economy, saving smartly is more important than ever. Traditional banks often offer poor interest rates and hidden fees. Thankfully, Nigeria now has several fintech savings apps that offer better returns, flexibility, and zero paperwork.

Whether you're a student, salary earner, or entrepreneur, these apps can help you:

• Save automatically
• Earn up to 15% interest yearly
• Invest without stress
• Withdraw anytime

Let’s explore the 10 best-rated savings apps in Nigeria for 2025 to grow your money fast and safely.

Table: Best Savings Apps in Nigeria (2025)

1. PiggyVest – Best Overall for Savings & Investments

PiggyVest is the most popular savings app in Nigeria, offering structured saving plans and investment options with high-interest rates.

• Interest: Up to 13% per annum
• Features: SafeLock, Target Savings, Flex Dollar
• Minimum: ₦100
• Regulation: SEC registered

✔️Best for disciplined savers, students, and 9-5 workers.

2. Cowrywise – Best for Automated Mutual Fund Investment

Cowrywise lets you save and invest in mutual funds with great returns. It's simple, automated, and backed by leading fund managers.

• Interest: Up to 15% yearly
• Features: Mutual funds, halal investing, stash
• Minimum: ₦100
• Regulation: SEC licensed

✔️Best for users looking to combine savings with real investments.

3. Savelyst – Best for Beginners

Savelyst is user-friendly and offers interest-bearing savings plans with automated contributions and budget tracking.

• Interest: Up to 12%
• Minimum: ₦500
• Features: Personal wallet, group savings
• Withdrawals: Flexible

✔️Best for first-time savers and side hustlers.

4. Bamboo – Best for Stock Investment

While Bamboo isn’t a savings app in the traditional sense, it allows you to invest in U.S. stocks—which can act as a strong savings strategy with global exposure.

• Interest: 0%, but you grow via stock price increase
• Features: U.S. stocks, ETFs, dollar wallet
• Minimum: ₦5,000

✔️Best for savers looking to invest in foreign markets.

5. Risevest – Best for Dollar Savings & Real Estate

Risevest lets you save in U.S. dollars, and also invest in real estate and U.S.-based assets. It's one of the most stable options for long-term dollar protection.

• Interest: 10%–15% (USD-based)
• Minimum: $10 (~₦15,000)
• Withdrawals: Quarterly
• Regulated: Yes

✔️Best for users who want to beat naira inflation.

6. VBank – Best Digital Bank for High-Interest Savings

VBank is a fully digital bank offering flexible savings accounts, fixed deposit features, and instant fund access.

• Interest: Up to 10%
• Minimum: ₦1,000
• Withdrawals: Instant

✔️Best for digital banking with passive savings returns.

7. ALAT by Wema Bank – Best Bank-Backed Savings App

This is Nigeria’s first fully digital bank and offers savings goals, virtual cards, and interest-earning plans.

• Interest: Up to 8%
• Features: Free cards, scheduled saving
• Minimum: ₦500
• Regulation: CBN

✔️Best for people who want traditional bank security with digital tools.

8. Kuda Bank – Best for Daily Savings

Kuda is widely used for daily banking, but it also features savings tools with interest and zero account maintenance fees.

• Interest: Up to 10% yearly
• Minimum: ₦100
• Withdrawals: Anytime
• Regulation: CBN

✔️Best for students and salary earners.

9. FairMoney – Best for Savings + Quick Loans

FairMoney combines savings with instant loan offers. Perfect for users who want emergency access to credit while saving on the side.

• Interest: Up to 12%
• Minimum: ₦500
• Withdrawals: Instant
• Regulation: CBN

✔️Best for people balancing savings with flexible loans.

10. Branch App – Highest Savings Interest

Branch offers savings accounts with up to 20% annual interest, which is one of the highest in Nigeria. It’s also a loan app, making it great for financially active users.

• Interest: Up to 20%
• Minimum: ₦500
• Withdrawals: Instant
• Regulation: CBN

✔️Best for high-interest seekers.

How to Choose the Right Savings App in Nigeria

Here’s how to pick what’s best for you:

Frequently Asked Questions (FAQs)

Q1. Which savings app has the highest interest in Nigeria (2025)?

Branch App offers up to 20% annually, which is currently the highest. Cowrywise and Risevest also offer very competitive rates.

Q2. Are these savings apps safe?

Yes. Most are regulated by the SEC or CBN. Apps like PiggyVest, Cowrywise, and Risevest are fully licensed and insured.

Q3. Can I use more than one savings app?

Absolutely! Many Nigerians use PiggyVest for savings, Bamboo for investments, and Kuda for daily banking.

Q4. Is there any penalty for withdrawing early?

Some apps (like PiggyVest’s SafeLock) may deduct from your interest if you withdraw early. Others like Kuda and FairMoney allow instant withdrawals with no penalty.

Q5. How do I start saving with ₦1,000 or less?

• Download any app above
• Sign up and verify your account
• Fund with ₦100–₦1,000 using your debit card or bank transfer
• Set a savings goal or choose a plan

Conclusion: Start Small, Stay Consistent

Whether you're saving for rent, a business, school fees, or just to build wealth, these top-rated savings apps in Nigeria for 2025 make it easy and rewarding.

Pro Tip: “Don’t wait to save when you earn more—start with what you have and grow gradually.”

So, go ahead, download one (or two) of these apps, start saving from ₦100 or more, and watch your money grow automatically.