Compare savings rates, daily earnings, weekly earnings, and maturity returns across OPay, PalmPay, and PiggyVest plans.
Top plans by maturity balance for the current amount and term.
Edit saving amount ranges and annual rates for any MFB plan. Use a blank ceiling on the last row for the "above final range" tier.
The calculator applies each plan's tiered or fixed annual rate to your amount and selected term. Flexible daily plans use daily compounding where the source states daily calculation; fixed plans use simple prorated interest for the lock duration.
Nigerian withholding tax is modelled as 10% of interest earned where the plan information mentions post-tax returns or WHT. You can switch the view to gross returns before tax.
Rates can change without notice. Use the verification labels and source notes as a starting point, then confirm the current rate inside the provider app before saving.
PalmPay CashBox: 20% p.a. up to ₦10,000, 16% p.a. from ₦10,001 to ₦100,000, and 8% p.a. above ₦100,000.
PalmPay SafeBox: 16% p.a. up to ₦300,000, then 6% p.a. above ₦300,000.
PalmPay Fixed Savings: 10% p.a. for 7-59 days, 12% p.a. for 60-89 days, 15% p.a. for 90-179 days, 18% p.a. for 180-364 days, and 20% p.a. for 365-1000 days.
PalmPay Spend & Save: 20% p.a. on the first ₦10,000, 16% p.a. on amounts above ₦10,000 up to ₦100,000, and 8% p.a. on the remaining balance above ₦100,000. Interest credited is post-tax, and no interest is added when the credited amount is below 0.01.
OPay Spend & Save: 15% p.a. up to ₦80,000, then 5% p.a. above ₦80,000, with 10% withholding tax.
OPay OWealth: balances of ₦80,000 and below use 15% p.a. For balances above ₦80,000, the provided wording applies 5% p.a. to the full balance. Interest is calculated daily, paid on the first day of the next month, and subject to 10% withholding tax.
OPay SafeBox: 15% p.a. up to ₦300,000, then 6% p.a. above ₦300,000. Lock periods can be monthly, quarterly, or annually. Withdrawal windows can be monthly, quarterly, or annual; quarterly window breaks carry a 2.5% fee.
OPay Fixed Savings: 15% p.a. for 7-60 days, 16% p.a. for 61-180 days, 17% p.a. for 181-364 days, and up to 18% p.a. for 365-1000 days. The provided one-year example applies 18% to the first ₦300,000 and 9% to the remaining balance, with 10% withholding tax on interest.
PiggyVest: public FAQ/site figures: Piggybank 16% p.a., SafeLock 14%-21% p.a. by duration, and Target Savings 12% p.a. Rates are subject to market changes.