Finance apps

How to Close, Delete or Deactivate your Piggyvest Account Easily

PiggyVest is a Nigerian financial technology (fintech) platform that offers savings, investment, and personal finance management services, this financial company was founded in 2016 by Somto Ifezue, Joshua Chibueze, and Odunayo Eweniyi with the goal of promoting a savings culture and providing individuals with tools to manage their finances effectively.

How to Close, Delete or Deactivate your Piggyvest Account Easily

Features

Below are few of the features offers by PiggyVest:

Savings

PiggyVest  provides a digital savings platform that allows users to save money towards specific goals. 

Users can set up automated savings plans, create savings targets, and earn interest on their savings.

Investment

PiggyVest offers investment opportunities to its users. 

It provides access to low-risk investment options such as fixed deposits and mutual funds, allowing individuals to grow their wealth over time.

Flexibility

PiggyVest offers flexible savings options, allowing users to choose their preferred saving frequency (daily, weekly, monthly) and amount. 

Users can also withdraw their savings at any time, although some investment plans may have restrictions or penalties for early withdrawals.

Group Savings

PiggyVest allows users to participate in group savings challenges called “PiggyPoints.” 

Users can invite friends, family, or colleagues to save together towards a common goal, fostering a sense of accountability and motivation.

PiggyBank

 PiggyVest’s “PiggyBank” feature is a locked savings feature that restricts access to saved funds for a specified period. 

It helps users build discipline by preventing impulsive spending.

App and Website

PiggyVest also has an online portal and apps which can be downloaded from the Google Play Store or Apple app store for a smooth and seamless transaction.

How to Close, Delete or Deactivate your Piggyvest Account Easily
How to Close, Delete or Deactivate your Piggyvest Account Easily

Read: How to Close, Delete or Deactivate your Fairmoney Account Easily

Without further Ado, let’s see how to close, delete or deactivate your Piggyvest account easily.

How to Close, Delete or Deactivate your Piggyvest Account Easily in 2023

How to Close, Delete or Deactivate your Piggyvest Account Easily
How to Close, Delete or Deactivate your Piggyvest Account Easily

Closing or deactivating your PiggyVest account is quite easy and straightforward, kindly follow the given steps on how to close, delete or deactivate your Piggyvest account easily below:

  • Open your email address and compose a new email.
  • Address the email to PiggyVest’s customer support team at contact@piggyvest.com
  • In the subject line, clearly state your intention to close, delete, or deactivate your PiggyVest account.
  • On the body of the email, provide the necessary details, such as your full name, registered email address, and any other relevant account information.
  • Express your request clearly and politely, indicating your desire to close, delete, or deactivate your PiggyVest account.
  • It’s advisable to mention the reason for your request, as it may help them understand your decision and improve their services.
  • Send the email and wait for a response from PiggyVest’s customer support team.

Note that PiggyVest may have specific procedures or requirements for account closure, deletion, or deactivation. 

Their customer support team will provide you with the necessary instructions and guidance to complete the process.

Once you follow the steps and guidelines I provided above, you’ll surely get your account deactivated.

How To Reactivate Your PiggyVest Account

Account reactivationit can be done by sending them request for reactivation.

To reactivate your PiggyVest account, you can follow these steps by sending an email to their customer support:

  • Open your email client and create a new email, as you can see, it’s quite similar to that of account reactivation.
  • Send the email to PiggyVest’s customer support team at support@piggyvest.com.
  • In the subject line, clearly state your request for account reactivation.
  • In the body of the email, provide the necessary details, such as your full name, registered email address, and any other relevant account information.
  • Explain that you would like to reactivate your PiggyVest account and briefly mention the reason for your request, if applicable.
  • Request any specific instructions or actions that may be required from you to reactivate the account.
  • Send the email and wait for a response from PiggyVest’s customer support team.

PiggyVest’s customer support team will review your request and provide you with instructions on how to proceed with the account reactivation. 

They may require additional information or documentation to verify your identity before reactivating the account.

FAQs On How to Close, Delete or Deactivate your Piggyvest Account Easily

Here are some frequently asked questions related to how to close, delete or deactivate your PiggyVest account easily:

What is the breaking fee for PiggyVest?

PiggyVest applies a breaking fee to discourage users from withdrawing funds before the agreed-upon maturity date. 

The breaking fee varies depending on the specific investment plan you are enrolled in. 

It is usually a percentage of the interest earned on the investment. 

Read Also: How to Close, Delete or Deactivate your Renmoney Account Easily

The exact breaking fee for each plan can be found in PiggyVest’s terms and conditions or by contacting their customer support.

How can I Unflag my PiggyVest account?

If your PiggyVest account has been flagged, it means that there may be some issues or concerns that need to be addressed. 

To unflag your account, you should reach out to PiggyVest’s customer support team via email at contact@piggyvest.com.  Explain the situation and ask for guidance on resolving the flagged status.

 They will provide instructions on the steps you need to take to unflag your account.

Can I change my phone number on PiggyVest?

Yes, you can change your phone number on PiggyVest. To update your phone number, follow these steps:

  • Log in to your PiggyVest account through the mobile app or website.
  • Navigate to your account settings or profile settings.
  • Look for the option to update your phone number.
  • Follow the provided instructions and enter your new phone number.
  • Verify your new phone number through the verification process specified by PiggyVest.
  • Once the verification is complete, your phone number will be updated in your PiggyVest account.

Why did PiggyVest flag my account?

PiggyVest may flag an account for various reasons, including but not limited to:

  • Suspicious or unusual account activity.
  • Incomplete or inaccurate account information.
  • Violation of PiggyVest’s terms and conditions or policies.
  • Security concerns or potential risk factors.

If your account has been flagged, it is essential to contact PiggyVest’s customer support for specific details about why your account was flagged and how to address the issue. 

They will guide you through the process of resolving the flagged status and ensuring the security and integrity of your account.

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