No! It's completely FREE. There are no bank charges for transferring money to your BackUpCash account.

Your security is our only priority.

Your card details are extremely safe as they are never stored on BackUpCash.

We work with a PCIDSS-compliant payment processor, Paystack to handle your card details.

Nothing happens when you miss any day, week or month and you are not going to be charged.

The Instant Save option is available for you to manually make up for any lost day, week or month.

Yes, you can, it is up to you to pause or continue the automatic saving any time for free.

Just log in and click on "Autosave" and then click on “Pause” or "Turn Off” whichever applies.

This option basically enables you add more funds to your savings manually from time to time.

After the startup saving of ₦500 using your registered debit card, you have the option of saving any amount you wish to deposit.

You can add up to ₦500,000 at once with this option. However, you can add this multiple times in a single day. For instance, if you want to add ₦1,000,000, you need to add ₦500,000 twice.

Steady save gives you the opportunity of reaching your targeted goal by helping you save automatically.

You have the option of setting a specific amount that is to be deducted from your debit card on a daily, weekly or monthly basis.

You can also choose what time of the day you want the deductions made and the date you want to start.

To get your account activated, you can save a minimum of ₦500.

To set up your savings plan, you can save a minimum of ₦500 daily, weekly or monthly.

When using the InstantSave option which allows you add more funds to your savings at anytime, you can add up to ₦500,000 per time.

BackUpCash is encrypted with bank-grade level of security.

All financial information is encrypted and stored to PCI DSS Level 1 compliant standards.

PCI DSS Level 1 compliance is a set of rules stated by credit card companies and audited by an independent third party.

It is the highest possible rating one can get in the electronic payment processing industry.

Additionally, all transmission to our banking partner and on our site is via an encrypted 256-bit HTTPS SSL connection.

We are backed by the license of SFS Financial Services.

Yes, savings is done automatically and you don’t have to login every time you want to save except when you want to use the Instant Save option.

All transactions on your debit card will be visible in your dashboard.

We will send an email receipt to you every single time you save with your debit card and your bank will also send you an alert. It's 100% secure.

You won’t be able to automatically save for that day, week or month.

We can only help you save when you have funds in your account.

However, you have options of using “Instant save” once your account is funded by saving manually or “Steady save” that automatically debits your registered account towards your targeted goal.

Locked Savings is our short-term investment product that allows you earn up to 13% per annum on a fixed sum. (We typically encourage a minimum of 90days)

This acts as your sub account which allows you transfer funds from your Central Vault balance for a fixed period of time (you can choose between 10 and 1000 days) without having any access until maturity.

The Locked Saving feature is a step further in curbing your spending urge. We help you ensure your savings are kept to meet your personal goals and needs. Locked savings attracts an upfront interest payment into your central vault immediately you lock funds for a specified period.