How to Create a Simple Savings Plan with Carbon Finance App

In this tutorial, we’re going to walk you through the process of saving on Carbon Finance, a Nigerian digital bank, to establish a straightforward savings strategy. Whether you’ve grown accustomed to your funds vanishing or you’re simply seeking a more effective method to save, Carbon Finance has got your interests covered.
Carbon Microfinance Bank, operating within the regulatory framework of the Central Bank of Nigeria (CBN), presents Carbon – one of the best fintech companies in Nigeria. Serving as a comprehensive hub for mobile financial transactions, Carbon allows you to promptly secure loans for pressing financial commitments, facilitate seamless fund transfers to other accounts, engage in high-yield investments, recharge mobile airtime, and manage bill payments at your convenience.
Here’s a comprehensive, step-by-step walkthrough on How to create a Savings Plan using the Carbon App.
- Open the Carbon app and log in to your account.
- Once you’re on the home page, locate and tap on the Savings option.
- Look for the “+” sign and give it a tap.
- You’ll be presented with a choice of investment plans: Cash Vault, Goals, or FlexSave.
- Specify the amount you wish to invest and indicate the duration of your investment.
- Follow the provided prompts to complete the funding of your chosen investment.
- You have the option to utilize funds from your app wallet or add funds directly from your bank account. If you’re opting for the latter, simply input your debit card details as instructed.
Follow the steps above to start saving with Carbon.