How to Close, Delete or Deactivate your Piggyvest Account Easily

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Learning how to easily close, delete, or deactivate your Piggyvest account is like knowing how to turn off your phone when you’re done using it.

In this blog post, we’ll explain how to close, delete or deactivate your Piggyvest account quickly and easily. We’ll also discuss the implications of doing so, so you can make an informed decision about whether it’s the right choice for you. Read on to learn more!

What You Need to Know Before Closing Your Account

Before you make that decision, there are a few important things you need to know. Here are some key factors to consider:

  1. Funds in your account: Before closing your account, make sure to transfer any remaining funds to your linked bank account. This will ensure that you don’t lose any money in the process.
  2. Active investments: If you have any active investments, it’s crucial to evaluate their status before closing your account. Consider the maturity dates and potential penalties for early withdrawal. It’s important to make an informed decision about whether to close your account or wait for your investments to mature.
  3. Benefits of Piggyvest: Take a moment to consider the benefits of keeping your Piggyvest account. This platform offers various savings options, investment opportunities, and even cashback rewards. Evaluate if these benefits align with your financial goals and whether you might regret closing your account in the future.
  4. Alternative options: If you’re closing your account due to dissatisfaction or a specific issue, consider reaching out to Piggyvest’s customer support team. They might be able to address your concerns or provide alternative solutions that can help resolve any problems you’re facing.
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Remember, closing your Piggyvest account is a permanent decision. Take the time to carefully weigh the pros and cons before proceeding. By doing so, you can ensure that you’re making the best choice for your financial future.

How to Close, Delete or Deactivate your Piggyvest Account Easily

So, you’ve decided that closing, deleting, or deactivating your Piggyvest account is the right move for you. Here’s a step-by-step guide on how to easily carry out this process:

  • Contact PiggyVest Support: Begin by reaching out to PiggyVest’s customer support team. You can usually find their contact information on the PiggyVest website or within the app.
  • Request Closure or Deactivation: Clearly state your request to close, delete, or deactivate your PiggyVest account to their customer support. They may ask for your account details for verification purposes.
  • Settle Outstanding Balances: If you have any pending savings, investments, or withdrawals in your PiggyVest account, make sure to complete these transactions and clear your account balance.
  • Follow Their Instructions: PiggyVest’s customer support will provide specific instructions on how to close, delete, or deactivate your account. Carefully follow their guidance.
  • Provide Necessary Information: Be prepared to provide any additional information or documentation requested by PiggyVest to facilitate the account closure or deactivation process.
  • Review Account: After following their instructions and providing the required information, PiggyVest will typically confirm the closure, deletion, or deactivation of your account. You may receive confirmation through email or within the app.
  • Verify Closure: Double-check to ensure that your PiggyVest account is fully closed, and you no longer have access to it.

Remember, once your account is closed, deleted, or deactivated, you will no longer have access to any funds, investments, or benefits associated with Piggyvest. Make sure you have transferred any remaining funds and considered alternative options before proceeding with closing your account.

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How do I break my Piggyvest SafeLock?

To break your Piggyvest SafeLock, you can follow these steps:

  1. Log in to your Piggyvest account.
  2. Go to the “SafeLock” section.
  3. Click on the “Break SafeLock” button.
  4. Enter your password and confirm.
  5. You will be charged a breaking fee of 10% of the amount in your SafeLock.

How can I Unflag my Piggyvest account?

If your Piggyvest account has been flagged, you can unflag it by contacting customer support. You will need to provide them with some information about your account, such as your account number and the reason why you think your account was flagged.

What is the breaking fee for Piggyvest?

The breaking fee for Piggyvest is 10% of the amount in your SafeLock. This means that if you have N10,000 in your SafeLock, you will be charged N1,000 to break it.

Which bank owns Piggyvest?

Piggyvest is not owned by any bank. It is a financial technology company that provides a platform for people to save money and invest.

Did CBN approve PiggyVest?

Yes, the Central Bank of Nigeria (CBN) has approved PiggyVest. Piggyvest is a registered Fintech company with the CBN.


In conclusion, closing, deleting, or deactivating your Piggyvest account is a significant decision that should be carefully considered. Before taking this step, make sure to take into account several key factors.

In conclusion, closing, deleting, or deactivating your Piggyvest account should be a carefully considered decision. Evaluate the key factors, such as remaining funds, active investments, and the benefits of Piggyvest. Reach out to customer support if necessary. Follow the step-by-step guide to easily close your account. Remember that closing your account is permanent and you will lose access to funds and benefits. Take the time to weigh the implications before proceeding.

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