Enjoy ‘Higher Interest Rates’ with Raven HIFA

Raven
2 min readMay 1, 2024

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Enjoy ‘Higher Interest Rates’ with Raven HIFA

We have tremendous news! We have UPPED the interest rates on Raven HIFA!!

As you already know Raven HIFA is a high-interest, fixed savings account designed to help you save large sums of money for short periods whilst enjoying high interest on your savings.

Before now, with a minimum savings of ₦‎500,000 with Raven HIFA, you enjoyed:

  • 13% interest when you saved for 3 months
  • 13.5% interest when you saved for 6 months
  • 14% interest when you saved for 12 months.

Now, we have reduced the minimum saving amount to ₦‎200,000. We also added up to 7% extra interest. This means when you save with HIFA for:

  • 3 months you receive 18% interest per annum
  • 6 months you receive 20% interest per annum
  • 12 months (1 year) you receive 21% interest per annum

No other interest rates beats this! And the best time to start saving with HIFA is NOW!

To get started with Raven HIFA:

  • Log in to your Raven account and click “Easy Savings” from the “Quick Actions” list.
  • Select “HIFA” from the list of savings plans. Next, select “Activate HIFA” to start saving.
  • Provide the necessary details, select an amount of 200k and above, and click “Proceed.” Choose a duration for maturity between three to twelve months and click “Proceed.”
  • Confirm the details of your savings to be correct and toggle the “I accept” button to give consent. Enter your transaction pin and wait for the successful prompt.

Remember Interest on your HIFA savings will be paid 48 hours before the maturity date. You will also receive a mail & notification on interest, liquidation or rollover.

If you have any questions or concerns about the Raven HIFA Savings plan, do not hesitate to contact our customer support team via the live chat button in-app.

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Raven
Raven

Written by Raven

Raven is the Ideal Digital Bank for Africa starting with Nigeria. Ideally, we provide digital-only banking services in very simple and easy ways that suit you.

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