A few years ago, savings meant standing in long queues at the bank, filling out forms, and crossing your fingers that hidden charges wouldn’t eat into your interest. But that’s no longer the case. Nigerians are waking up to better options. Digital savings is here and it’s growing fast.

Here’s the truth: people want more control, more returns, and less hassle. That’s why thousands of users—students, entrepreneurs, and full-time workers —are choosing Nearpays for their savings goals.

We’re talking about real people saving real money. People like Nneka, who locked N100,000 in her Nearpays savings account and earned monthly interest without lifting a finger. Or Tolu, who finally started saving in dollars and avoided the naira depreciation headaches.

What’s driving this shift? Simplicity. Safety. And flexibility. Let’s break it down.

1. It’s Easy to Start (And Stay Consistent)

No paperwork. No waiting. No agents calling you to upsell things you don’t need.

With Nearpays, opening a savings account takes under five minutes. Simply download the app, fund your wallet, select the amount you want to lock, and you’re all set.

You don’t need to be rich to start. In fact, most users begin with just ₦5,000 or $20. That’s it: no complicated forms, no minimum balance stress.

2. You Earn Monthly—Not Annually

Traditional banks will offer you 1-3% a year on savings. Let’s be honest—it’s not worth much.

Nearpays flips that on its head by offering up to 2% interest every month. That’s 24% per year, paid consistently into your wallet.

That means your money isn’t just sitting there; it’s working for you. Whether you’re saving for rent, school fees, or your December trip, you can see your savings grow.

3. You’re in Control of Your Money

Once you lock your funds, they’re safe until the date you choose to unlock. This helps you avoid impulse spending and stay committed to your goal.

And when your lock period ends, your money and interest go straight back into your Nearpays wallet, ready for withdrawal or reinvestment.

You choose the amount, the currency (naira or dollar), and the duration. You’re the boss of your own money.

4. It's Built for Real Nigerians

This isn’t some complicated app built in Silicon Valley with no clue about how Nigerians live and save.

Nearpays was built for people who hustle, earn in bits, and need tools that work without drama.

Our users range from tailors in Aba to freelancers in Lagos. And because the platform is 100% digital, you can access your savings anytime, anywhere.

5. Real Stories, Real Results

Here are some things our users have said:

• “I started with just ₦10k to test it. The interest came in, and I’ve been saving monthly ever since.” – Funke, 32, Ibadan
• “I use the dollar savings for my tech tools and course subscriptions. It's been a lifesaver.” – Emeka, 25, freelance designer
• “With Nearpays, I don’t even feel like I’m saving. It just works.” – Seyi, 41, business owner

When people find something that works, they stick with it. That’s why we’re seeing more referrals, more savings accounts, and more users hitting their money goals.

6. It's Safe, Transparent, and Growing

Security is non-negotiable. Nearpays uses bank-grade encryption, PIN, and biometric login, and keeps your funds protected at all times.

There are no hidden fees, and you can always view your savings history and interest earnings in the app. You know exactly what’s going on with your money.

Ready to Save Smarter?

It’s one thing to talk about savings. It’s another thing to grow your money.

Thousands of Nigerians are switching to Nearpays because it’s simple, rewarding, and built for people like you.

• Create your free savings account
• Choose how much to lock (₦ or $)
• Earn monthly interest, automatically

Get started now and let your money do the work.

Download the Nearpays App

Need help or want to learn more?

Check out our FAQ page or send us a DM on social media. Our team is always happy to support you.