How is interest calculated on Optiflex
Interest is calculated daily and compounded monthly, that is interest is added to the principal amount monthly.
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What is OptiFlex?
OptiFlex is a target savings plan that assists a client to save in a disciplined manner by automating the client’s debit instructions. This plan offers clients a fixed interest rate per annum and allows you to withdraw your funds. OptiFlex is a ...
What products do you have for high interest
OPTISAVER products (Optiflex and Optilock) help you earn a good interest on your funds.
Can I withdraw my OptiFlex Savings at any time?
Yes, you can but a penalty on losing accrued interest for that month on your sixth withdrawal on any Optiflex naira plan created. Yes, you can but a penalty on losing accrued interest for that month on your fourth withdrawal on any Optiflex dollar ...
How is Interest paid?
Interest in Optimus is made on an accrual basis. Depending on your choice service, interest is paid together with the principal at the point of withdrawal. For savings, interest accrues daily and is credited to your plan monthly. Different investment ...
How can I save periodically on Optiflex?
Toggle ‘Auto Save’ on the plan created on Optiflex.