Financial products

Sometimes it’s not the big expenses that break your budget – it’s the small, sneaky ones you don’t notice. These hidden costs quietly drain your money over time.

• ATM withdrawal fees — especially from other banks or at odd hours. Each ₦100–₦300 fee adds up fast over the month.
• Late payment fees — from bills, loans, or even data subscriptions. Being a few days late could cost you thousands.
• Unused subscriptions — gym memberships, streaming services, apps. If you haven’t used it in a month, cancel it.
• Account maintenance charges — some banks charge monthly fees just for holding your account. Know what your bank takes.
• Data auto-renewals — background apps and forgotten settings can quietly eat through airtime or wallet balances.
• Impulse mobile purchases — ringtone services, betting, or micro-loans with high fees. Review your SMS alerts often.

Smart money isn’t just about earning more — it’s about plugging the leaks. Watch where your money goes, and take control of every naira.

A savings account is one of the simplest tools to protect your money and build a better future. If you’re serious about financial stability, this is where it starts.

• Keeps your money safe better than hiding cash at home or carrying it around. Your funds are protected and harder to lose or misuse.
• Ideal for emergencies helps you build a cushion for unexpected expenses like medical bills, repairs, or job loss.
• Discourages impulse spending – once money is out of your pocket, you’re less likely to waste it.
• Earns small interest – depending on your bank, your savings can grow a little over time.
• Easy to open and use – most banks let you open one with a valid ID and small deposit.
• Encourages discipline – regularly saving builds habits that lead to long-term success

A savings account isn’t just a place to park money – it’s your first step toward financial freedom. Start small, stay consistent, and let your savings grow.