What are the available lock-in periods?

• Related Articles

• What is the minimum amount I can lock?

  The minimum amount you can lock in the Savings and Investment feature is ₦50,000.

• Can I break the lock-in period before it ends?

  Yes, you can break the lock-in period before the allocated duration ends. However, a penalty fee will be deducted from your locked funds for early withdrawal.

• What happens when my lock-in period is completed?

  Once the lock-in period is completed, you will receive a notification. You can then choose to withdraw your funds to your main wallet without any penalty fees.

• Can I see the interest rate before I lock my funds?

  Yes, the interest rate corresponding to each lock-in period (3 months, 6 months, 1 year) will be clearly displayed in the app before you confirm the lock.

• Is the Virtual card available for Apple Music and other Services?

  Yes, the Virtual card is available for use with Apple Music. However, please ensure that the country on your Apple App Store account is set to the USA For more information, please refer to: Change your Apple ID country or region - Apple Support