Cashbox: It’s no doubt that saving has become the most difficult thing in the life of many Nigerians and many other countries. This is because some Nigerians earn very little from what so ever they do while some earn a reasonable amount daily, weekly or monthly bases.
Some of us that do save at the bank will end up not having any interest on their savings they will just save money in the bank for saving sake and this is the main reason why we decided to teach you on how you can save and earn huge amount of profit or interest on those same savings and the most interesting part if this saving platform is that you can start your saving journey with very little amount of money.
In this article, we will introduce you to the best saving platform in Nigeria and in many other foreign countries where you earn a huge amount of interest in each of your savings.
Lets quickly take a look at what this platform is all about and everything single thing you need to know about the platform before starting your savings journey.
What is Cashbox?
Cashbox is one of the top saving platforms in Nigeria and in many other countries that is aimed at helping individuals predict or control their spending habits.
In this platform, you can choose the most suitable savings plan for you that is you can choose to save daily, weekly or monthly bases and also you can choose to lock away your funds in the platform for a specific tenor just like bank fixed deposit.
Note that it doesn’t cost anything to start saving on the platform this means that the cost of saving on Cashbox is totally free, all you need to do is to get registered on the platform and start your saving journey immediately.
How much can I start with?
Yes, you can start your saving journey with as little as N100 and there is no maximum amount. The saving that we are talking about here can be on a daily, weekly or monthly bases depending on what you as their customer want.
The most interesting part of all this saving of a thing is that you also have the option of “Instant Savings” which allows you to add money into your savings account at anytime you want not considering your current saving plan.
How does Cashbox work?
This platform works in three straight ways and they are listed below;
- Firstly, create a profile.
- Secondly, select a savings plan.
- Withdraw your money and your interest anytime you want.
Wait, do you want to withdraw from your Cashbox account? reading below;
Your question might be can I withdraw my money from the Cashbox account anytime I feel like?…your answer is yes..read below.
Yes, you can withdraw your money from your Cashbox account anytime, any day you want once you accept to pay a penalty of 5% on the withdrawal.
Note that Cashbox has its own free withdrawal days which are March 1st, June 1st, September 1st, and December 1st.
We advise you to keep your money as long as possible, this helps to accumulate more interest.
Can I use any card on my Cashbox account?
Yes, you can make use of any bank card on your Cashbox account both on withdrawing and in funding the account.
Cashbox interest rate
How much interest do I make on my Cashbox savings?
The Cashbox interest rate is pretty nice, you can make up to 10% interest on regular savings and earn up to 15% interest on locked savings and the most interesting part is that interest grows on daily bases.
What’s a Locked savings account?
Locked saving is an account that allows you earn interest upfront on your savings, the minimum tenor in this account is 90 days and there is no maximum.
Here all you have to do is to select the number of days you want your money to be locked away while the interest upfront grows.
Is Cashbox safe to save in?
The security of their savers is paramount. CashBox was built using Bank Grade security features. Your personal and card details are safe as all payments are handled through Flutterwave (they handle payments for top companies like Uber, Booking.com, etc). As for your savings, they are held with our partner bank which is NDIC (Nigeria Deposit Insurance Corporation) insured, so savers have nothing to worry about, just keep saving.
Cashbox head office address
You can locate the Cashbox on Plot 859 Bishop Aboyade cole st, V.I, Lagos Lagos, 23401 Nigeria
Cashbox contact number
Do you need any assistance on your savings or do you have any question that you which to ask and be cleared on, feel free to contact Cashbox through 08088888110
Cashbox email address
Do you have any question concerning this saving platform like how to save on Cashbox or how to withdraw your money from Cashbox, you can mail the Cashbox on firstname.lastname@example.org
How to register on Cashbox
Getting yourself registered on Cashbox is very easy all you have to do is to;
- Firstly visit the Cashbox official website.
- On the top right-hand side you will see register and sign in.
- Finally, fill in the required fields then you are set to start your saving journey.
Cashbox referral program
As you enjoy saving with CashBox, you also earn points when you send an invite to your family and friends to start saving.
When they register and save using the secure link you sent them, you automatically earn points.
As your points grow, you can easily convert these points to phone recharge card or convert to cash on your savings plan.
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Don’t forget to stat your journey today and earn the rest of your tomorrow…invest and thank us later and if you have any questions on this article or any other article on our website use the contact page to reach us we are 24 hours open to attend to your question.