Cashbox is an online platform that allows you to save money in Nigeria. The platform can be accessed through their online website or via their mobile application – available for Android and iOS – and to make use of it, you need to first of all register.
Registering with Cashbox Nigeria
This is how to register with cashbox;
⦁ Visit ⦁ http://www.cashboxng.com
⦁ Click on join cashbox from the homepage
⦁ Fill the registration form by entering the requested details and submit
⦁ Verify your account via email as a verification link will be sent to you
⦁ Finish
That is all and you now own a cashbox account; you can now use your account to save money.
Savings plans available on Cashbox Nigeria
Cashbox Nigeria features 3 major savings plans and they include;
⦁ Regular savings: this savings plan is divided into 3;
⦁ Daily savings: a particular amount of money set by you will be deducted from your bank account on a daily basis. You get up to 10% interest in this plan.
⦁ Weekly savings: a particular amount of money set by you will be deducted from your bank account on a weekly basis. You get up to 10% interest in this plan.
⦁ Monthly savings: a particular amount of money set by you will be deducted from your bank account on a monthly basis. You get up to 10% interest in this plan.
⦁ Locked savings: on this plan you get to deposit a particular amount of money and leave it for a long time (more than 3 months). The withdrawal period will be set by you and you won’t be able to withdraw your money until then. A 15% interest rate is placed on this plan.
⦁ Instant Savings: this plan works just like a bank account; you can save any amount you want at anytime and also withdraw at anytime. It attracts no interest.
Cashbox Nigeria Deposit Methods
On cashbox, you can make deposits mainly with the use of credit or debit cards. Cards accepted on the platform include;
⦁ VISA
⦁ Verve
⦁ MasterCard
These payments are processed via Flutterwave or Paystack and the minimum amount you can start with s N100, there is no maximum.
Cashbox Nigeria Withdrawal Methods
All withdrawals on the platform are sent to bank accounts and withdrawal takes few minutes to be processed. Withdrawals can be carried out at anytime and 5% of the withdrawal amount is charged as service fee. However, you can withdraw for free on free withdrawal days which includes, 1st of March, 1st of June, 1st of September and 1st of December.
Cashbox Nigeria Contact
You can contact cashbox on phone via 08088888110 or via mail at [email protected]. Their head office is located at Plot 859 Bishop Aboyade Cole Street, Victoria Island, Lagos State.
Conclusion
Cashbox is an NDIC – Nigeria Deposit Insurance Corporation – insured company so you can be sure that your money is safe when you invest with them. The platform can be used to save money for useful purposes and it attracts higher interest rates than commercial banks.