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Cowrywise

4.8/5 · Editorial score
Best Returns
Average return~19% p.a.money market (variable)
₦500 Free Investment
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Return~19% p.a.
Min Investment₦1,000
LiquidityInstant
Fund TypeMoney Market
Editorial score4.8/5.0

Pricing breakdown

Base premium~19% p.a.
Admin fee₦1,500
VAT (7.5%)₦900
Stamp duty₦200
Total (first month)~19% p.a.

Pros & Cons

What we like

  • Competitive pricing
  • Fast claims processing
  • Excellent customer support
  • Nationwide coverage
  • Digital policy documents

Watch out for

  • No 24/7 phone support
  • Limited customisation options
  • Processing fee on claims

Frequently asked questions

Average return~19% p.a.money market (variable)
NAICOM Licensed Instant policy
₦500 Free Investment
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Clicking "Start Investing" takes you directly to Cowrywise's website.
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