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FairSave

What is FairSave?
FairSave is a savings product from FairMoney offering a 13% daily interest rate on deposits, with flexible withdrawals and no minimum or maximum limits. 
Wed, 31 Jan, 2024 at 7:51 AM
Is my money safe with FairSave?
Absolutely! Your FairSave is as secure as your FairMoney bank account. All transactions and account management are handled using 256-bit HTTPS SSL encryptio...
Tue, 5 Apr, 2022 at 1:21 PM
What is the difference between your FairMoney bank account and FairSave?
The main difference is that you earn money daily when you keep money in your FairSave, unlike your regular FairMoney account which would be your current acc...
Thu, 1 Feb, 2024 at 5:50 AM
How much interest do I earn with FairSave?
You earn an effective annualized interest rate of 13% on whatever amount you have deposited in your FairSave.
Wed, 31 Jan, 2024 at 7:50 AM
When do I get the interest posted to my FairSave?
Interest is paid daily. Even though the interest on your FairSave is per annum, you are credited with the interest accrued on funds in your FairSave daily!
Tue, 5 Apr, 2022 at 1:22 PM
How is the interest calculated?
You effectively earn 13% interest annually. However, this is posted daily i.e., if you hold N100,000 for 365 days in your FairSave, you will end up with N11...
Tue, 30 Jan, 2024 at 2:35 PM
Can I save automatically to FairSave from my FairMoney account?
For now, to fund your FairSave, you need to move funds from your FairMoney bank account balance into your FairSave.
Tue, 5 Apr, 2022 at 1:23 PM
How do I start saving?
Saving is easy with FairSave! All you need to do is click on the “Enter FairSave” button when you open your FairSave and input how much you want to save. Th...
Wed, 6 Apr, 2022 at 9:43 AM
Can I fund my FairSave through another bank account?
No, you can only fund your FairSave through your FairMoney bank account. If you’re unsure of how to fund your FairMoney bank account, simply follow the belo...
Wed, 6 Apr, 2022 at 9:43 AM
When can I withdraw my savings?
You have the flexibility to withdraw from your FairSave at any time, without any conditions.
Mon, 5 Feb, 2024 at 5:56 AM