Discover / Savings / Ladda
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LaddaNEW
Savings

A save-and-invest app — naira & dollar savings (up to 42% p.a. naira / 5.5% USD) plus real-estate (HYRE) and T-bills, through SEC-regulated asset managers. Not a bank; not NDIC-insured.

All plans 12

PlanTypeRate p.a.LockMinEarly exit
Emergency SavingsFEATURED
flexible
20%rate may vary if paid upfront
Fixed term
₦1,000
none
Emergency Dollar Savings
flexible
5%nominal, gross
None
₦10
none
Regular Savings1–2mo 13%3–5mo 15%6–8mo 16.5%9–11mo 18.5%12–23mo 20%24–48mo 42%
locked
up to 20%rate varies by tenure — see laddernominal, net
30–730 days
₦1,000
15% of ACCRUED INTEREST if withdrawn before maturity
Regular Dollar Savings3–5mo 5%6–8mo 6.5%9–11mo 7%12–23mo 8%24–25mo 14.49%
locked
up to 8%rate varies by tenure — see laddernominal, net
30–730 days
₦10
15% of ACCRUED INTEREST if withdrawn before maturity
One-off Savings3–5mo 15%6–8mo 16.5%9–11mo 18.5%12–23mo 20%24–36mo 42%
fixed
up to 15%rate varies by tenure — see laddernominal, netrate may vary if paid upfront
3 months
₦1,000
HARD LOCK — "I cannot withdraw from this savings plan until maturity" ✅ (no early exit)
One-off Dollar Savings3–5mo 5%6–8mo 6.5%9–11mo 7%12–23mo 8%24–36mo 8.49%
fixed
up to 8%rate varies by tenure — see laddernominal, netrate may vary if paid upfront
3 months
₦10
HARD LOCK — "I cannot withdraw from this savings plan until maturity" ✅ (no early exit)
Presto Savings3–5mo 14.49%6–8mo 15.29%9–11mo 16.29%12–23mo 16.67%24–36mo 30%
fixed
up to 15%rate varies by tenure — see laddernominal, netupfront
3 months
₦1,000
HARD LOCK — "I cannot withdraw from this savings plan until maturity" ✅ (no early exit)
Presto Dollar Savings3–5mo 4.94%6–8mo 6.3%9–11mo 6.66%12–23mo 7.41%24–36mo 12.66%
fixed
up to 7.4%rate varies by tenure — see laddernominal, netupfront
3 months
₦10
HARD LOCK — "I cannot withdraw from this savings plan until maturity" ✅ (no early exit)
Group Savings (SaveTogether)3–5mo 15%6–8mo 16.5%9–11mo 18.5%12–23mo 20%24mo 42%
target
up to 20%rate varies by tenure — see laddernominal, gross
3 months
₦1,000
none
Group Dollar Savings3–5mo 5%6–8mo 6.5%9–11mo 7%12–23mo 8%24mo 14.49%
target
up to 5%rate varies by tenure — see laddernominal, gross
3 months
₦10
none
HYRE (High Yield Real Estate)Unit-priced · NAV — · offer — / bid — · medium risk
fund
Variableno fixed rate — measured by us
6 months
₦20,000
HARD LOCK — "I cannot withdraw from this investment plan until maturity"
Treasury BillsUnit-priced · NAV — · offer — / bid — · low risk
fund
Variableno fixed rate — measured by us
91–364 days
₦10,000
HARD LOCK — "I cannot withdraw from this investment plan until maturity"
Each tracked plan is tested with its own real-money deposit and ranks separately on the board. Untracked plans show the app's own advertised rate.
Best for
Savers who want higher, market-based yields than a bank deposit and are comfortable that returns come from SEC-regulated funds (not NDIC-insured) — plus anyone wanting easy access to real estate (HYRE) or T-bills in one app. Naira and dollar options.
Not great for
Anyone who needs NDIC deposit protection or capital-guaranteed savings — Ladda's products carry fund/market (and, for HYRE, default) risk. Not for spending/transfers/borrowing.

Pros

  • +Real range across save AND invest — 5 savings plan types plus T-bills (17–21%) and real estate (HYRE, up to 20%), in naira or dollars
  • +Higher yields than bank savings — up to 20% naira / 5.5% USD, via SEC-regulated asset managers, with transparent direct-debit deposit/withdrawal
  • +Flexible options exist — Emergency withdraws anytime without charges; Presto pays interest upfront; SaveTogether enables group saving

Cons

  • –NOT a bank and NOT NDIC-insured — returns come from SEC-regulated funds, so capital isn't deposit-guaranteed (a real difference from OPay/FairMoney/Jollof MFB savings)
  • –HYRE (real estate) carries default risk and a 180-day lock — higher-risk than the headline "20%" implies; T-bills are low-risk but still not insured
  • –USD nuance — a USD Presto plan's interest may be credited in naira (per their FAQ); confirm how dollar returns are paid

Our honest take

Ladda is a save-AND-invest platform rather than a bank — its yields come from SEC-regulated asset-manager products (money-market, real estate, T-bills), not from insured bank deposits. The naira ladder genuinely reaches up to 42% p.a. at 24 months (20% at 12 months), which is high — but two cautions matter: there's no NDIC safety net (and HYRE carries real default risk), and the app's own maturity previews on the longest/upfront tenors don't add up to the rates it advertises. Used with that understanding, it's a broad, well-structured way to save in naira or dollars and to access real estate and T-bills in one app. Just don't read its "savings" as an insured bank deposit — and sanity-check the headline high-tenor rate against the actual interest figure.