Introducing Fund Booking on reQuid
Saving money is important because it helps protect you in the event of a financial emergency. Additionally, it can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom.
Booking on reQuid allows you to set aside some funds for a period of time and earn interest. While these funds are locked, you can earn interest of up to 5% per annum for the duration.
Key information on your Booking:
- The minimum amount you can book is N100,000
- Minimum holding period: 7 days, that is, you must book your funds for at least 7 days to earn an interest.
Your booked funds are secure, as they are securely held by our Trustees, while booked.
How it works
What does this mean for you?
- If you’ve just received your salary and you want to lock some funds, probably till the end of the month to avoid temptation to spend it all at once, you can simply book this funds and withdraw anytime (after a minimum of 7 days).
- If you’re thinking long term and you don’t need a particular amount of money for a while, then feel free to book your funds, and earn.
If you are not on reQuid yet, use this link to register.
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If you have any additional questions, please reach out to us via email - support@requid.com or through our social media channels.
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