What is SavetoBuy and how does it work?

SavetoBuy is a secured savings platform that helps users save for purchases from merchants, financial goals, flexible savings, and merchant tools while earning interest and cash rewards. You select a product or goal, save in installments daily, weekly, or monthly (or pay outright), complete your savings, then pick up or request delivery. Features include up to 15% interest on financial goals, 12% on flexible SaveUp, automatic deductions, and cash rewards withdrawable to your bank.

How do I sign up for SavetoBuy ?

Visit savetobuy.io or lifestyle.savetobuy.io, select a product or goal, choose installments, and start saving. Set up automatic savings by linking your bank account for deductions.

Does SavetoBuy have a mobile app?

Yes, SavetoBuy has a mobile app on Android via Google Play and iOS via the App Store.

Who is SavetoBuy best suited for?

SavetoBuy is best suited for young Nigerians wanting to save debt-free for lifestyle purchases like phones, laptops, vacations, or financial goals with interest and rewards.

How do I contact SavetoBuy support?

Contact SavetoBuy support only through the official channels listed on their website.

SavetoBuy

🇳🇬 Nigeria

A secured savings app for young Nigerians to save for goals or purchases, earn up to 15% per annum on select plans, and pay brands in installments.

Use it on:Web Android iOS

Is SavetoBuy right for you?

Best for

Young Nigerians
Goal-based saving
Buying in installments
Planned big purchases
Budgeting for essentials

What it does well

Goal savings plans
Interest on savings
Installment brand payments
Secured savings account
Save for purchases

Things to check

Eligible interest plans
Installment partner brands
Withdrawal rules
Fees and charges
Community features

SavetoBuy is a secured savings platform for young Nigerians who want to save for purchases and financial goals, earn interest on select savings plans, and pay for items in installments from partner merchants.

Key capabilities include:

Lifestyle Savings (installment shopping): save “small small” toward products from favourite brands, choose installments or pay outright, then request pickup or delivery after completing the plan, cash rewards apply after completing savings and making a purchase.
Financial Goal savings: set a target and maturity date for goals like rent or fees, automate deductions, and earn up to 15% per annum interest, withdrawals become available at maturity (cancellation attracts a 2.5% penalty).
SaveUp (flexible savings): earn up to 12% per annum interest, get one free withdrawal per month, additional withdrawals attract a 2.5% fee.
Automatic Savings and Halal Savings: schedule daily, weekly, or monthly card debits to stay consistent, choose interest-free Halal savings for Islamic-compliant saving.

Available on Web and Android.

It serves B2C users in Nigeria, plus merchants through SavetoBuy Merchant, a free website for collecting installment payments.

SavetoBuy is notable in Nigeria’s savings market for combining goal-based saving, flexible emergency access, and installment purchasing while working with CBN and SEC-licensed partners for fund management and using a PCI-DSS compliant payment partner for card security.

Social Links:

Categories:

Fintech

Features & Business Model:

b2c community-platform marketplace personal-finance savings