We're here to answer all your savings and investment questions, every step of the way.
Reaprite is a seamless solution that encourages saving and investment in just a click. Both saving and investment plans on Reaprite platform generates interest on a daily basis and user can make withdrawal at any time. You can choose from any of the saving plans to save money daily, weekly or monthly or, you can save for specific goals. This is a simply digital solution that allows you save and invest smartly at zero charges.
Anyone above the age of 18 with a verifiable bank account, an investment enthusiasts, looking to increase their saving power and generate more income through investment. Also, anyone who is looking to make extra income without stress.
Use this platform to save and grow your savings. To get stated;
Download the Reaprite app from app store, google playstore or sign up via the web and create a free account.
Fund wallet by transferring money from your bank account to the wallet using your assigned Reaprite account number. Alternatively, initiate an automatic withdrawal on your debit card (specifying the amount you want to withdraw) into your wallet.
From your wallet you can fund any of the savings plan you choose
Absolutely no! Reaprite is free for all users.
Reaprite pays you higher interest. You get access to saving options that helps you achieve your financial goals. It helps to cultivate your saving habits.
What differentiates us is our simplicity. You can easily access your funds at any time. Reaprite offers short and flexible plans that makes it easier for you to save. Our saving plans are thoughtfully curated to offer you highest returns.
You will start earning interest once you’ve completed your profile and fund your wallet or created any savings plan. Interest is calculated daily and that's how your money grows. The amount of interest you earn depends on the amount you saved and the plan you choose to save with.
No! You are only allowed to open one account on Reaprite with your accurate bio data.
Your BVN is needed because it’s a mandatory requirement by the CBN. It is required to validate a User's identity and kick against identity theft. This ensures another level of safety for your funds and transactions. Reaprite does not share your BVN.
Reaprite is built with the security of your payment data in mind. Critical customer data are encrypted and securely stored. We do not store your card information as we work with a Payment Card Industry Data Security Standard (PCIDSS) compliance payment third party that handle all our Customers’ card details as required by regulators.
Making sure your account is safe is our topmost priority. We use state of the art data encryption when handling your financial information. We are backed by Investment One, a Security Exchange Commission (SEC) regulated trustee. We equally invest in low to medium risk investment opportunities that yield competitive interest to our investors.
To reset your password, log in into the app and click on Forgot Password, then enter your registered email address and a verification link will be sent to your email that will guide you in changing your password. Also, ensure that you do not reveal your password to anyone.
A minimum balance is the lowest amount you can start saving with on your wallet or Reapquick saving plan.
Consider wallet as your online savings purse that will yield 10% p.a. It allows and authorizes debit card payments online. It is encrypted with high-level security in accordance with the Payment Card Industry Data Security Standard (PCIDSS).
You can fund your Reaprite wallet by simply clicking on “Fund Wallet" button on your dashboard. Fill in the amount of money you wish to deposit, select your preferred payment method - either from your debit card or transfer and then make payment.
Absolutely! That’s another interesting thing about Reaprite. You can share your Reaprite wallet account number with friends to make payment for you, and it will drop in your wallet.
You can either fund your plan from your Reaprite wallet or via your debit card. Carry out the following steps:
Create automatic top up at the point of creating a plan or on the wallet for recurring savings.
To set up auto carry out the following steps:
Yes! You can cancel any time and there’s no cost to it.
We have 5 savings plans;
To start saving all you need to do is;
You can start saving with as low as 500 naira. We understand that people's saving powers are not the same. We encourage you to save based on your capacity
You can save in your Reaprite wallet for as long as you want but on other saving plans, there is a minimum duration of 90 days. We make your money earn interest daily.
To fund any of the savings plan, you can either fund your plan from your Reaprite wallet or via your debit card
Yes, you have the flexibility of breaking this plan but this will be after 30 days (one month of savings duration) and it will attract a penalty charge of 2% of the amount to be withdrawn.
Absolutely! You can add funds to any of your savings plans at any time.
All savings on Reaprite are secured as all accounts are run by our asset management partner.
Unfortunately not. You cannot break this plan until the end of the savings duration.
Unfortunately not. You cannot break this plan until the end of the savings duration.
You can withdraw from your Reaprite wallet at any time but funds locked down on a saving plan cannot be withdrawn and in some cases attract penalty for withdrawal before maturity date.
Withdrawing your money is as quite simple and almost instantly. To initiate withdrawal, take the following steps:
Your Reaprite Wallet has unlimited withdrawal so you can make withdrawal at any time. But withdrawing more than 3 times in a month attracts a penalty of losing the accumulated interest for that month.
You can redeem your interest anytime once its paid out to the interest pool.
The minimum amount you can withdraw from your Reaprite wallet is ₦2000
You can make withdrawal from your wallet at any time but money saved on any of the saving plans cannot be withdrawn until maturity date and in Reapquick attract penalty for breaking before maturity date.
To create a village sign up on Reaprite and create an account for free, click on Reapgoal, select Village and fill in and customize the village to your specification, accept terms and conditions; then share the link and invites others to join and save along with you.
The minimum amount to start saving on Village is ₦500 but we advise you set amount that will be most convenient for you to stay consistent.
When the Village ends, each kinsman receives his/her saved amount with accrued interest in their wallet.
Yes! New Users on Reaprite are rewarded with a sign up bonus of ₦500
You don't need to redeem your refferal bonus as this is already used to create a reap quick saving plan for you
As soon as you have completed your sign up process, you can start reffering
There is no limit. You can refer as many people as possible. The more people you refer, the more rewarding it is for you.
Each referral attracts a referral bonus of ₦500. Imagine referring 100 people, that means you will be rewarded with ₦50,000
To be eligible to redeem referral bonus, ensure that you meet the following conditions: