Vestpay.ng review (Is Vestpay legit or scam?)

Vestpay.ng review (Is Vestpay legit or scam?)

Vestpay.ng review (Is Vestpay legit or scam?)

Read all about vestpay.ng in this vestpay review.

Vestpay is a fintech platform that is similar to piggyvest, in the sense that it allows you to earn interest on your savings of up to 15% per annum. According to its website, Vestpay app is an optimum smart way to save towards your goals, pay bills, get loans and invest.

Vestpay also provides loans to salary earners without the need for collateral, guarantors or any other complex requirements. They claim you can get the loan in 5 minutes after applying.

Vestpay has gotten a lot of attention, partly due to the fact that they promised to pay users 500 naira for every member that they referred to the platform, although there were terms and conditions.

In this Vestpay.ng review, I am going to be writing about all you will need to know about this platform, including “Is Vestpay legit?”, “Is Vestpay scam?”, “How to register on Vestpay”, how to withdraw on Vestpay”, “how to save on Vestpay” and more.

Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my Piggyvest review

What is vestpay?

Vestpay is a fintech platform that is similar to piggyvest, in the sense that it allows you to earn interest on your savings of up to 15% per annum. According to its website, Vestpay app is an optimum smart way to save towards your goals, pay bills, get loans and invest.

Vestpay also provides loans to salary earners without the need for collateral, guarantors or any other complex requirements. They claim you can get the loan in 5 minutes after applying and also give you higher loan amounts with lower interest rates, when you always repay on time.

Features of Vestpay

The features of Vestpay.ng include the following:

  1. Regular savings
  2. Savings target (fixed deposit)
  3. Vest banking (for investments)
  4. Credit facility (loan app)
  5. Vestcash (Cash withdrawal and deposit)
  6. Vestdrive (Car handling for inter-regional travels)

According to the website, more features will be added in the future.

How to register on Vestpay

To register on Vestpay is very easy, all you have to do is follow the below instructions:

  1. Download the Vestpay app from the Google playstore for android users and the Appstore for iPhone users.
  2. Install and launch the app on your phone.
  3. You will then be asked to register or Login.
  4. Click on the register button and you will be required to input some of your details.
  5. Details like your full names and date of birth will be required.
  6. Provide a little information about yourself in the required input boxes and proceed to the next page.
  7. On the next page, input your phone number, email and referral code.
  8. Proceed to create your account
  9. You would then be asked to verify your email and OTP will be sent.
  10. Go copy or note the OTP on the space provided and verify it.
  11. You would then be asked to optional input your bank details, together with your BVN.
  12. Login to your account and add your card or ATM.

NOTE: The details you input should correspond with that on your BVN.

How to Save on Vestpay

  1. Login to your vestpay account
  2. Locate the save button, which can be found in the MENU option of the app.
  3. Click on the + button, that is labelled with new savings target.
  4. Give the title, reason of savings and your savings target.
  5. Then click on the continue button.
  6. Select the amount you want to save and the time duration.

NOTE: You can cancel your savings at any time.

Read Kuda bank review

How to withdraw on vestpay

  1. Your money will be provided on your total balance.
  2. Click on the balance and tap on your total balance.
  3. Click on the withdrawal button
  4. You will need to input your bank account details
  5. Input the amount that you want to withdraw.
  6. Provide your account password and withdraw.

How to add card to vestpay

  1. Login to your vestpay account.
  2. Click on settings in the footer of the app.
  3. Find the option called payments and click on it.
  4. Select my card and hit on the button and add card.
  5. Provide your card details, which you would be charged 10 naira.

Vestpay referrals

Vestpay claim to pay you 500 naira for every person that you refer to the platform using your invite code.

The terms of service of the referral earnings requires you and your referred person to create a savings target on the app and save for at least 7 days to get your earnings credited to your account.

When you register on Vestpay, you will find your invite link in the dashboard, which you can use to refer others to the platform.

Is vestpay.ng legit?

Vestpay is a fairly new platform, that is similar to Piggyvest, but unlike piggyvest, it has not been around for a long time. This means that, it is too early to tell if Vestpay is here to stay or not.

But so far so good, there have been no negative reviews about them, which is definitely a good thing.

Remember to leave your reviews in the comments below.

Is vestpay.ng scam?

Vestpay has not had any major negative reviews so far, so it cannot be lablled a scam platform. If you want to invest on vestpay, make sure you do so with money that you can afford to lose.

Frequently asked questions (FAQs)

Who is the owner of Vestpay?

Vestpay is headed by Bill Kenneths and Akpa Chike.

Is Vestpay legit?

Vestpay is a fairly new platform, that is similar to Piggyvest, but unlike piggyvest, it has not been around for a long time. This means that, it is too early to tell if Vestpay is here to stay or not.

Conclusion

Read my Gocashapp review

Thank you for reading my Vestpay.ng review. If you have any question or comment, you can leave it below in the comment section below.

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