Mintyn Blog

Mintyn Digital Bank

How To Use Mint

Mint Digital Bank And Its Safe Investment Plan

By

Mint Digital Bank And Its Safe Investment Plan

Over time, the credibility of investment opportunities has been subjected to a test, with the residual idea for the majority that investments are “exclusively” designed for the rich and not a common man. This fact is hinged on the return of investment (ROI), which favors the highest investor, meaning the rich individuals in the society.

Today, investment is considered a great asset. It is one of the best ways, if not the best way of making money. This is because you put your money at where it will work for you while you sit and expect a return of investment in the interest rate of your personalized investment maturity time.

However, with a brilliant initiative of raising everyone’s financial ability and personal goal achievement irrespective of what they earn, Mint Digital Bank, reputed as the best digital bank in Nigeria, has designed an investment feature called Mint Mutual Investment.

This investment plan is curated to break the walls of financial hardship, such that the practices of saving and investing are well-cultured in people.

Mint Mutual Investment corroborates the mission of the digital bank, which is “to simplify financial services for our customers and help them build financial independence”. This is what the investment plan is serving in regard.

Features Of Mint Mutual Investment Plan

  1. Investment period that rolls with the minimum duration of 30 days and 12 months
  2. Investment structure as low as N5,000 for easy access to every customer
  3. Broad choice of investment period category

How Safe Is Starting An Investment Plan With Mint Digital Bank? 

 

Flexibility and Convenience to Choose Maturity Date

Unlike many local banks that chiefly serve rich customers with mostly long-term products of the investment plan, as earlier stated, you have choices to make on how you want your investment plan to be and its maturity period. At Mint Digital Bank, you have options of investment in the following categories:

 

  1. 1-2 months at an interest rate per annum
  2. 3-5 months at an interest rate per annum
  3. 6-9 months at an interest rate per annum
  4. 10-12 months at an interest rate per annum
  5. 13-15 months at an interest rate per annum
  6. 16-18 months at an interest rate per annum
  7. 19-21 months at an interest rate per annum
  8. 22-24 months at an interest rate per annum

Control over Investment Plan

Customers have absolute control over their investment such that they can liquidate their investment or reinvest after the provided period of their investment. The ball is in their court and they throw it as they wish, provided they follow the relishing terms and conditions the investment plan offers.

Zero Risk on Return of Investment (ROI)

There is no risk while investing with Mint Mutual Investment. You earn the specified interest rate for the investment plan you choose, without any back, and-forth glitch.

Conclusion

Having an investment plan with Mint Digital Bank is very safe, as its process is well-simplified, with the ability to access your investment portfolio, including charts and graphs, at any time or anywhere. Just as the cliche “customer is king,” Mint Digital Bank works to serve its customers to the delight of the best and unique customer service experience.

 

Download MyMintApp on your Google play store or iOS devices to get started.

 

How To Send Money To Another Bank Account Using MyMintApp

By

How To Send Money To Another Bank Account Using MyMintApp 

Thanks to technological innovation and advancement, there has been a major paradigm shift from the traditional method of sending money to the digital method. Today you don’t have to go miles or spend time going to your local bank before sending money.

 

With the advent of internet banking raving the banking system, the purpose of sending money into another bank account can be easily achieved anytime and anywhere, provided there is internet access.

 

Notable as the best digital bank in Nigeria, Mint is not operating any less than its reputation in this regard. Exploring all means to give its customers the best user experience with the MyMintApp, Mint has curated a niche of “banking at a go” for all its customers.

Is this your first time of knowing MyMintApp? MyMintApp is an app that is in the same niche as many mobile banking apps like Kuda and Opay in Nigeria.

 

What is MyMintApp?

MyMintApp is a self-service digital bank owned by Finex Microfinance Bank Limited. The app is representative of its name, with significant features of performing transactions with little or no help from anyone or a local bank.

With the user interface (UI) of the app, financial transactions on MyMintApp is more than easy. This is hinged on the design of the app that displays every section related to money transactions on the home page of the app.

 

Following all these interesting features about MyMintApp, how can you send money using the app?

 

How It Works

 

Choose a money-transfer type

In a bid to serve customers with an easy task of money transfer, MyMintApp offers two (2) options of money transfer: instant transfer and schedule transfer.

 

  1. A) Instant Transfer:this is the instance of sending money immediately to friends and family.
  2. Sign up on the MyMintApp for new customers
  3. Log in to your account with the correct details
  4. Click on “Send Money”
  5. Click on “Instant Transfer”
  6. Provide the account details of the recipient
  7. Type in the amount you are sending to the recipient
  8. Once this transaction is completed, your money transfer is successful

 

 

  1. B) Schedule Transfer:this type of money transfer is designed for most employers or organizations to send money to a group of people at a specified time. This might be daily, weekly, or monthly.
  2. Sign up on the MyMintApp for new customers
  3. Log in to your account with correct details
  4. Click on “Send Money”
  5. Click on “Schedule Transfer”
  6. Provide information like schedule transfer title, start and end dates of the scheduled transfer time option to send the money, frequency (daily, weekly or monthly), and recipient details

 

Here, you can have more than one recipient to send money to at a given time. You can provide their account numbers or extract them from your ‘existing beneficiary’ list.

  1. Type in the amount you are sending to the recipients
  2. Once the transaction is completed, your money transfer is successful

 

Interestingly, MyMintApp sends both a mail and an SMS (depending on which option you activated during your registration) to notify you of a successful money transfer.

 

Conclusion 

The MyMintApp makes banking experience simple with multifunctional features. You can make money transfers at ease, as your money is protected by the Nigeria Deposit Insurance Corporation (NDIC). Hence, transactions are secured end-to-end.